Asset Liability Management - Consultant / Assistant Manager – Banking & Financial Services

>> OVERVIEW

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 156 countries and have 152,000 people working in member firms around the world.

KPMG in India, a professional services firm, is the Indian member firm of KPMG International and was established in September 1993. Our professionals leverage the global network of firms, providing detailed knowledge of local laws, regulations, markets and competition. KPMG in India provide services to over 4,500 international and national clients, in India.

KPMG has offices across India in Delhi, Chandigarh, Ahmedabad, Mumbai, Pune, Chennai, Bangalore, Kochi, Hyderabad and Kolkata. The Indian firm has access to more than 7,000 Indian and expatriate professionals, many of whom are internationally trained. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.

KPMG Advisory professionals provide advice and assistance to enable companies, intermediaries and public sector bodies to mitigate risk, improve performance, and create value. KPMG firms provide a wide range of Risk Consulting, Management Consulting and Transactions & Restructuring services that can help clients respond to immediate needs as well as put in place the strategies for the longer term.

With increasing regulatory requirements, the need for greater transparency in operations, and disclosure norms, stakeholders require assurance beyond the traditional critique of numbers. Hence assurance is being increasingly required on industry issues, business risks and key business processes. The Governance, Risk & Compliance Services practice assists companies and public sector bodies to mitigate risk, improve performance and create value.

We assist our clients to effectively manage business and process risks by providing a full spectrum of corporate governance, risk management, and Compliance Services. These services are tailored to meet client’s individual needs, and provide effective support to management in meeting the challenges and opportunities presented by today's complex business environment.

Our professionals provide the experience to help companies stay on track and deal with risks that could unhinge their business survival. Our services enable clients to effectively co-ordinate their key growth, quality and operational challenges and working in partnership with us, clients have the benefits of KPMG's experienced, objective, and industry-grounded viewpoints.

ALM Consultant / Senior Consultant – Banking & Financial Services

Location - Mumbai/Gurgaon

Experience - 2-6yrs

Job Summary

We are seeking experienced Asset Liability Management (ALM) Professionals with proven expertise in implementing ALM solutions for banking and financial services organizations. The ideal candidate will possess strong functional and technical knowledge of Liquidity Risk Management (LRM), Interest Rate Risk Management (IRRBB), regulatory reporting, and end-to-end ALM solution implementation lifecycle.

The candidate will work closely with business stakeholders, risk teams, treasury teams, and technology teams to gather requirements, configure solutions, perform integrations, support testing, deployment, and production support activities.

Key Responsibilities

Functional Responsibilities

• Gather and analyze business requirements related to ALM, liquidity risk, funding risk, and interest rate risk management.
• Conduct workshops with Treasury, Finance, Risk Management, and Regulatory Reporting teams.
• Translate business requirements into functional specifications and solution designs.
• Configure ALM solutions to support:
• Liquidity Risk Management
• Interest Rate Risk in the Banking Book (IRRBB)
• Funds Transfer Pricing (FTP)
• Balance Sheet Management
• Regulatory Reporting
• Stress Testing and Scenario Analysis
• Support model validation and business sign-off activities.
• Prepare functional design documents, process flows, and user training materials.

Technical Responsibilities

• Participate in end-to-end ALM implementation projects.
• Perform data mapping, data sourcing, and data quality analysis.
• Design and develop integrations between ALM platforms and source systems.
• Support ETL processes, data transformations, and interface development.
• Execute system configuration, customization, and environment setup activities.
• Perform SIT, UAT, regression testing, and defect management.
• Support deployment, release management, and post-production stabilization.
• Provide production support and troubleshoot system/data issues.

Project Delivery Responsibilities

• Collaborate with cross-functional teams including Risk, Treasury, Finance, Technology, and Vendor teams.
• Track project deliverables and ensure adherence to timelines.
• Support solution demonstrations, workshops, and stakeholder communications.
• Assist in project estimation, planning, and implementation strategy.

Required Skills & Experience

Domain Expertise

• Strong understanding of:
• Asset Liability Management (ALM)
• Liquidity Risk Management (LRM)
• Interest Rate Risk in Banking Book (IRRBB)
• Balance Sheet Management
• Funds Transfer Pricing (FTP)
• Basel Regulations
• Stress Testing & Scenario Modeling
• Treasury and Risk Management processes

Experience with ALM platforms such as:

• Surya Soft BALM tool
• Oracle OFSAA ALM
• Moody's RiskAuthority / ALM
• QRM (Quantitative Risk Management)
• FIS Ambit ALM
• Wolters Kluwer OneSumX
• SAP Banking/ALM Solutions
• Similar ALM products

The opportunity is now! If you are interested in being part of a dynamic team, serving clients and reaching your full potential – KPMG Advisory Services is for you!