About the Job:
As a Functional Consultant specializing in ALM & LRM, you will play a crucial role in leading the analysis and design of functional requirements related to risk data management. Your expertise will guide the team through integration processes, cash flow modeling, and testing, ensuring that regulatory compliance is met while supporting stakeholders across various domains.
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Location: Dubai, United Arab Emirates
Job Type: Full-time
Work Conditions: On-site
About Us:
Tata Consultancy Services (TCS) is an IT services, consulting, and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology, and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development. A part of the Tata group, India's largest multinational business group, TCS has over 616,171 of the world’s best-trained consultants with 157 nationalities in 53 countries.
Key Responsibilities:
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Requirement Analysis & Functional Design:
- Lead and review functional requirements for ALM and LRM-related data elements for the risk data mart.
- Review staging layer design and data flows required for FIS BSM ingestion, including gap analysis of existing source systems.
- Guide the team in understanding the mapping of business rules and transformation logic for critical risk attributes like contractual/behavioral cash flows.
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Integration Oversight:
- Collaborate with ETL teams to validate data pipelines to feed FIS BSM.
- Ensure reconciliation logic is defined and implemented across source systems, staging, and target platforms.
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Cash Flow Modelling & Risk Adjustments:
- Understand modeling assumptions and behavioral adjustments for cash flow generation.
- Provide domain insights for treatment of non-maturing deposits and Middle East specific products.
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Testing & Validation:
- Review functional test cases, validate staging outputs, and assist in user acceptance testing (UAT).
- Identify root causes of issues and support functional troubleshooting during reconciliation and validation cycles.
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SME Support & Governance:
- Act as SME for regulatory requirements (Basel III/IV, LCR, NSFR, IRRBB) and their data implications.
- Liaise with ALM, Treasury, Risk, and Finance stakeholders to validate business needs and support change management.
Required Skills & Qualifications:
- 10+ years of experience in banking/financial services with specialization in ALM, LRM, Treasury, or Risk.
- Strong functional knowledge of FIS Balance Sheet Manager (BSM) or similar ALM solutions.
- Experience in cash flow modelling, balance sheet behavior assumptions, interest rate risk, and liquidity metrics.
- Solid understanding of financial instruments (loans, deposits, bonds, derivatives) and their risk attributes.
- Strong communication and documentation skills to act as a bridge between business users and technical teams.
Preferred Qualifications:
- Experience in Middle East banking regulations or IFRS / Basel compliance is a strong plus.
- Prior involvement in a risk data mart or ALM transformation project.
- Professional certifications such as FRM, CFA, PRM, or ICAAP/ALM training are advantageous.
