Alm Irrbb - Model Development Or Validation
- Evalueserve
- 5 - 10 years
- Noida, Gurugram
- 9 days ago
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Job Description
ALM IRRBB - Model Development or Validation:Evalueserve is a global professional services firm that provides research, analytics, and data management services. We are powered by mind+machine a unique combination of human expertise and best-in-class technologies that use smart algorithms to simplify key tasks. This approach enables us to design and manage processes that generate and harness insights on a large scale, significantly cutting costs and timescales to help businesses overtake the competition.Since our inception in 2000, we have steadily grown our operations to more than 5, 000 employees globally. We work with clients across industries and business functions, helping them make better and faster decisions, reach new levels of efficiency and effectiveness, and see a tangible impact on their top and bottom lines. Evalueserve has been recognized as a Strong Performer in The Forrester Wave: Customer Analytics Service Providers, Q2 2023. In 2022, Evalueserves operations across five different countries were recognized by Great Place to Work. Our commitment to meritocracy ensures transparent and equitable pathways to leadership for all professionals, regardless of their background. Evalueserves career development programs and opportunities allow employees to meet evolving market needs while they learn, grow, and take pride in their work.
About Risk and Quant Solutions (RQS)
Risk and Quant is one of the fastest growing practices at Evalueserve. As an RQS team member, you will address some of the worlds largest financial needs with technology proven solutions. You would solve these banking challenges and improve decision making with award winning solutions
Responsibilities
- Lead and oversee the development and implementation of ALM (Asset Liability Management) and IRRBB (Interest Rate Risk in the Banking Book) models for a bank.
- Conduct advanced data analysis and queries to support strategic decisions and process improvements.
- Collaborate with the model development team to enhance existing models to resolve any issues raised or findings shared by internal validation team and also develop new models that are supplement to the main capital calculation processes.
- Work directly with clients to understand their needs and provide tailored solutions in ALM and IRRBB management.
- Manage prototype source data migration in established processes and production codes.
- Develop and deliver training programs to build competencies in ALM and IRRBB management.
- Ensure timely completion of projects with a strong sense of urgency.
What we are looking for
- Deep understanding of ALM concepts, IRRBB, and ILAAP (Internal Liquidity Adequacy Assessment Process).
- Extensive knowledge of liquidity ratios and their changes, and how they affect funding sources.
- Familiarity with feeder models for ALM and IRRBB, including yield curve models, prepayment models, and non-maturity deposit models etc.
- Proficiency in statistical methods and tools such as logistic regression, Bayesian statistics, Markov chain processes, and time series analysis.
- Advanced skills in Python and R, including object-oriented programming and automation capabilities.
- Clear understanding of statistical metrics used to assess model performance and ability to make nuanced observations.
- Advisory experience in ALM and IRRBB management.
- Ability to work directly with clients and manage stakeholder relationships effectively.
- Excellent verbal and written communication and presentation skills, with the ability to document analytical results for diverse technical audiences.
- Ability to articulate ideas clearly and develop actionable recommendations.
- Proficiency in creating and delivering impactful presentations.
- Strong analytical and interpersonal skills.
Educationand Experience:
- Statisticians, Econometricians, or Engineers with a finance background.
- Extensive experience in ALM and IRRBB model development from scratch.
- Proven experience in developing models using Python and R.
- Experience in working with multiple datasets, cleaning data, and performing comprehensive data analysis.
- Demonstrated experience in leading large teams and managing complex projects.
- Advisory experience in ALM and IRRBB management.
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Disclaimer: The following job description serves as an informative reference for the tasks you may be required to perform. However, it does not constitute an integral component of your employment agreement and is subject to periodic modifications to align with evolving circumstances.
Job Classification
Industry: Analytics / KPO / ResearchFunctional Area / Department: Data Science & AnalyticsRole Category: Data Science & Analytics - OtherRole: Data Science & Analytics - OtherEmployement Type: Full timeContact Details:
Company: EvalueserveLocation(s): Noida, Gurugram
Keyskills: process python alm data validation analytical methods strong analytical skills presentation skills verbal communication interpersonal skills liquidity assessment r concepts written communication management model development communication skills object
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