Principal / Subject Matter Expert - ERM, ICAAP and Model Risk Management

Highlight of the engagement opportunity

• Nature of role: Full time
• Number of years of experience expected: - (6 – 12) years
• Areas of past experience preferred: Risk Consulting, ERM, ICAAP, Basel II / III, Stress testing, model risk management, financial risk management and system implementations.
• Educational qualification expected: Graduate/ Postgraduate
• Additional qualifications/ certifications required: None
• Preferable additional certifications: FRM / CFA / MBA / CQF / Actuarial / CA
• Preferred geography of previous work experience: India / Europe / APAC / US
• Language requirements: Ability to write and speak fluentlyin English
• Application experience preferable: MS Excel, VBA, Python, Bloomberg, Reuters and / or other industry leading risk systems for ICAAP, ERM and model risk management

Key responsibility areas:

• Independently lead and manage advisory and system implementation engagements with leading banks, financial institutions, NBFCs, insurance companies and corporates covering areas such as ERM, ICAAP, Basel II / III, model risk management, stress testing, capital adequacy assessment etc.
• Demonstrate strong functional understanding of subjects covering areas such as financial risk management, non-financial risk management, ERM, ICAAP, Basel II / III, model risk management etc. directly interface with clientele during engagements.
• Lead and drive day-to-day execution of assigned client projects.
• Lead hiring and mentoring initiatives to expand and upskill execution and delivery team for engagements
• Design and monitor detailed project plans for assigned engagements
• Directly report and provide detailed updates to business unit leader for all assigned engagements on an on-going basis
• Lead and actively participate in designing proposals, RFP responses and pitches for business development pursuits
• Development and review of models covering areas such as ERM, ICAAP, stress testing, Basel II / III, capital adequacy, MRM etc.
• Lead system implementation engagements covering aspects such as BRD creation, FSD review, system configuration, SIT, UAT and Go-live

Other important information:

• Work permit requirements: Either Indian Citizen or having valid work permit to work in India
• Period of engagement: Full-time position
• Probation period: 6 months
• Compensation: Compensation varies depending on the skill, fitment and role played by the person. Compensation discussions will take place post the selection process.
• Performance incentives: Typically, all roles at Acies have a performance incentive. Specific aspects will be discussed during the compensation discussion
• Leave: 22 working days a year. Additional leaves for national holidays, sick leaves, maternity and paternity, bereavement and studies vary based on the city and country of engagement.
• Other benefits: Other employment benefits including medical insurance will be informed during the compensation discussion.
• Career growth for full-time roles: Acies believes in a transparent and data-based performance evaluation system. You are encouraged to clarify any questions you have with respect to career growth with Acies personnel you interact with during the selection process.
• Career opportunities for part-time roles: Conversion of part-time roles to full-time roles depends on both performance of the individual and business needs. You are encouraged to ask about the prospects as you interact with Acies personnel duringthe selection process.
• Global mobility: Acies encourages mobility across our offices. Such mobility is, however, subject to business needs and regulations governing immigration and employment in various countries.

Selection process:

We seek to be transparent during the selectionprocess. While the actual process may vary from the process indicated below, the key steps involved are as follows:

• Interview: There are expected to be at least 2 rounds of interviews. The number of interview rounds may increase depending on the criticality and seniority of the role involved.
• Final discussion on career and compensation: Post final selection, a separate discussion will be set up to discuss compensation and career growth. You are encouraged to seek any clarifications

Preparation required:

It is recommended that you prepare on some of the following aspects before the selection process:

• Demonstrate knowledge about ERM, ICAAP, Basel II / III, capital adequacy assessments and model risk management
• Demonstrate experience of leading / executing large-scale projects and managing teams for successful engagement delivery and completion

For any additional queries you may have, you can send a InMail to us, connect with us at or e-mail us at

How to reach us:

Should you wish to apply for this job, please reach out to us directly through or apply on our website career page -