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Team Member - ALM-Support Services-Risk ALM

Kotak Mahindra Bank

3 - 5 years

Kota, Mumbai

Posted: 02/03/2026

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Job Description

Level Manager/Senior Manager
Department Team Member - ALM
Location Mumbai
Function Risk Management Department is responsible for the development and maintenance of risk management and control frameworks. It provides independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, Risk Management Department is responsible for the monitoring and reporting on risk issues of the Bank. 
Responsibilities
  • Identification of ALM risk factors and its assessment on timely basis.
  • Provide ALCO and Top Management with relevant insights on ALM profile and implementation of ALCO directives
  • Develop and set operating limits, measure and monitor the risk level in accordance with the policies and limits in relation to Interest Rate risk in the Banking Book and Liquidity Risk
  • Undertake ALM modeling and historical analysis, develop supporting assumptions and run the ALM modeling in accordance with Policy.
  • Back testing and validation of ALM indicators, assumptions.
  • Develop and ongoing maintenance of ALM policies, frameworks, monitoring tools and reviews of limits and breaches.
  • Prepare reports and analysis specified by ALM (funding concentration, NII simulation, Liability profile analysis, EVE and EaR simulations, basis risk and optionality).
  • Prepare and execute liquidity risk & Interest rate risk stress testing scenarios.
  • Develop contingency funding plan, cash flow projection and modeling in accordance to latest best practices.
  • Monitor interest rate & liquidity risk at standalone legal entity level and consolidated group level.
  • Lead and drive enhancement projects required for ALM risk system.
  • Ensure timely delivery of ALM projects / change initiatives with quality, within approved time lines.

Competencies

 
  • Understanding and experience in the area of ALM Risk, including Liquidity Risk and Interest Rate Risk, specifically LCR, NSFR, IRRBB.
  • Prior experience in managing and implementing ALM System would be an advantage.
  • Organisation, respect of deadlines, ability to work with different departments (Treasury, Regulatory compliance, Risk, Finance).
  • Strong inter-personal, communication, presentation, analytical and problem solving skills.  
  • Team spirit and collaboration,
  • System knowledge: SQL, Excel, word, power point.
Education & Experience
  • CA, MBA finance or any other related quantitative discipline with about 3-5 years’ relevant post qualification ALM experience. 
Message to potential applicants This is an exciting and challenging opportunity to be an integral part of a team with high visibility and responsibility in the organization. The role provides excellent experience in various areas of ALM with significant scope for further development. If you are proactive, self-driven and a creative individual with strong quantitative skills, this might be the job for you. 

About Company

Kotak Mahindra Bank is one of India's leading private sector banks, offering a wide range of financial services including personal banking, corporate banking, investment banking, insurance, and asset management. Established in 1985 and headquartered in Mumbai, it is known for its innovative banking solutions, customer-centric approach, and strong focus on digital transformation. The bank caters to diverse customer segments, from individuals to large corporations, emphasizing trust, transparency, and growth.

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