Acies
Website:
acies.holdings
Job details:
Highlight of the engagement opportunity
- Nature of role: Full time
- Number of years of experience expected: 8 to 12 years.
- Areas of past experience preferred: Candidates should have substantial experience managing end-to-end delivery of IFRS 9, IFRS 16, and IFRS 17 implementation programmes within financial services or consulting environments. They should have a strong understanding of IFRS 9 for Corporates, including expected credit loss modelling, hedge accounting, and financial instrument classification. Experience in Model Risk Management, covering model validation, governance frameworks, and regulatory submissions, is essential. Prior exposure to working with actuarial, finance, and risk teams in a cross-functional delivery capacity is strongly preferred.
- Educational qualification required: A degree in Finance, Accounting, Actuarial Science, Mathematics, Economics, or a related field is required. A postgraduate qualification such as an MBA, CFA, FRM, or equivalent is highly desirable. Relevant certifications in project management or financial risk are also welcomed.
- Additional certifications preferred: PMP, Prince2, or an equivalent project management certification is strongly preferred. Professional qualifications such as CFA, FRM, or ACCA are considered an advantage. Candidates should have a demonstrated track record of delivering large-scale regulatory and accounting standard implementation projects on time and within budget.
- Preferred geography of previous work experience: Prior work experience in India, Europe, APAC, or the US is preferred, ideally within a tier-1 or tier-2 bank, insurance firm, or a Big 4 or specialist financial services consultancy.
- Language requirements: Candidates must be able to write and speak fluently in English. The ability to communicate complex regulatory and technical concepts clearly to C-suite stakeholders, finance teams, auditors, and regulators is essential.
- Technology proficiency preferred: Candidates should be proficient in project management and delivery tools such as JIRA, Confluence, MS Project, and SharePoint. Familiarity with IFRS 9 impairment platforms such as Moody's, SAS, or Finastra is an advantage. Experience working alongside quantitative teams using Python, R, or SAS for model development and validation is beneficial. A working knowledge of data infrastructure including SQL, ETL pipelines, and reporting tools such as Power BI or Tableau is expected.
Key responsibility areas:
- Programme Delivery: Lead and manage the full lifecycle delivery of IFRS 9, IFRS 16, and IFRS 17 implementation projects, ensuring alignment with regulatory timelines, business objectives, and audit requirements.
- Stakeholder Management: Act as the primary point of contact for senior stakeholders including CFOs, CROs, external auditors, and regulators, providing clear and consistent project updates, escalation management, and strategic guidance.
- Model Risk Oversight: Oversee the end-to-end governance of model risk management activities, including model development, independent validation, approval workflows, and ongoing monitoring in line with SR 11-7 or equivalent regulatory guidelines.
- Cross-functional Coordination: Facilitate collaboration across finance, risk, technology, actuarial, and data teams to ensure cohesive delivery and resolution of interdependencies across workstreams.
- Risk and Issue Management: Proactively identify, assess, and mitigate project risks and issues, maintaining a structured RAID log and ensuring timely escalation where required.
- Quality Assurance: Ensure that all deliverables meet the required standards for regulatory compliance, internal audit, and external review, including documentation of methodologies, controls, and change management processes.
- Resource and Budget Management: Manage project budgets, resource allocation, and vendor relationships, ensuring efficient utilisation of internal and external teams across multiple concurrent workstreams.
- Change Management: Drive change management and business readiness activities, ensuring that impacted teams are adequately trained, processes are updated, and transitions are managed smoothly.
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 during the 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 selection process. 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 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.
For any additional queries you may have, you can send a LinkedIn InMail to us, connect with us at https://www.acies.consulting/contact-us.php or e-mail us at careers@acies.holdings.
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 - https://www.acies.consulting/careers-apply.html
Click on Apply to know more.