Balance Sheet Management

Highlight of the engagement opportunity- Nature of role: Full time internship (6-12 months) with option to convert- Number of years of experience expected: 0-2 years- Areas of past experience preferred: Quantitative modelling, Risk Management- Educational qualification expected: Graduate/ Pursuing graduation- Additional qualifications/ certifications required: None- Minimum actuarial papers: Actuary certifications / degrees- Preferred geography of previous work experience: India / Europe / APAC / US- Language requirements: Ability to write and speak fluently in English- Application experience preferable: Python, Advanced excel, PowerPoint- Location: Mumbai, GoaKey responsibility areas:- Work with engagement teams to deliver on following functionalities on our proprietary application suite for Balance Sheet Management:1.Asset Liability Management (ALM)2.Interest Rate Risk in Banking Book (IRRBB)3.Behavioral Modelling4.Pillar 1 Risks (Market Risk, Credit Risk, Operational Risk)5.Pillar 2 Risks (ICAAP)6.Fund Transfer Pricing (FTP)7.Profitability Analysis- Understand client requirements and support during preparation of BRD, FSD documentation.- Build python and excel models on risk analysis to validate models and assist with client user acceptance testing.- Validate cashflow, valuation and sensitivity models using excel / python for banking and derivative products.- Develop end to end functionalities for modelling macro-economic factors and market prices like Interest rate, Credit Spread, FX, Commodities and Volatility.- Develop project execution and product collaterals.- Adhere to development standards and protocols mandated by product organization.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.- 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.Selection process:We seek to be transparent during the selection process. While the actual process may vary from the process indicated below, the key steps involved are as follows:- Test: Online test on Python and quant methodologies- Interview: There are expected to be at least 2-3 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 you have during this discussion.Preparation required:It is recommended that you prepare on the following aspects before the selection process:- Demonstrate knowledge of Banking risks and quantification- Demonstrate knowledge of Basel accordson Banking risk management- Demonstrate proficiency in financial instrument valuation and risk assessment- Demonstrate proficiency in statistical, econometrics and time seriesanalysis- Demonstrate proficiency in use of back-end server-side languages like Python and database like MSSQL and PostgreSQLFor any additional queries you may have, you can send a LinkedIn 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 LinkedIn or apply on our website career page -