Key Duties & Responsibilities:
Portfolio at Risk monitoring
Provide ongoing support qualitative review and analysis of ECL estimation for the Bank (including CBK Prudential Guidelines, IFRS 9). Key analyses may include variance analysis, and attribution & scenario analysis.
Undertake monthly ECL reviews and governance meetings with various stakeholders – Business Development and Credit Departments; and senior management.
Together with senior departmental heads, coordinate with the periodic IFRS 9 Committee, which ensures governance mechanism for IFRS ECL.
Coordinate with collaborators in Reporting and Data Management and Change Management to drive ongoing data quality and reporting improvements.
Support maintenance of a robust and dynamic credit loss forecasting process as part of financial planning and budgeting.
Drive automation and continuous enhancement of existing processes.
Participate in Recovery Management projects and team critical initiatives as required.
Work with the policy team on developing, enhancing and maintenance of relevant policies, procedures & guidelines
Ensure that a robust and consistent control framework is established to meet the expectations of auditors/regulators. Manage relationships and respond to requests from audit functions
Adherence to Cost to budget targets
Monitoring the credit portfolio to ensure full compliance with the core principles of good lending enshrined in the Credit Risk Management Policy, Banking Act, and CBK’s Prudential Guidelines and early recognition of problem credits so as to mitigate against credit risks within the Bank.
Expected credit loss – Management of the Bank’s ECL model to ensure compliance with IFRS 9 and relevant prudential requirements and including reporting and advising all the relevant stakeholders.
Ensuring that the quality of the loan book is assessed and quantified, asset quality metrics are tracked
Asset quality metrics
Collection and Recovery targets
Portfolio and data quality metrics of information on the core banking system
Ensure Audit ratings are successful
Regulatory inspection ratings
Compliance and Governance benchmarks
Maintaining an adequate risk control environment
Portfolio data on the core banking and credit systems is of high quality
Prudential impairment – compliance with prudential classification and impairment requirements
Portfolio reporting (internal and external)
Ensuring that compliance objectives are met which includes audit and regulatory inspection outcomes as per annually defined targets.
Adherence to SLA.
Adherence Customer satisfaction benchmarks.
Adopting and developing a network of strong partnerships with the Business and Business Support teams and other functions of the Bank.
Competence development for self.
Participating in trainings offered by the Bank through E- learning, Internal & External training activities.
Desired Skills and Experience:
Degree in accounting / finance or a quantitative field- Upper second division or equivalent.
Master’s degree is an added advantage
Professional:
Relevant professional qualification in Banking, accountancy, credit / risk management Desired
5 years of experience in finance or analytics within the banking industry, with exposure to lending products.
High level proficiency in IFRS 9 Modelling (at least 2 years’ experience)
Proficiency in MS Excel and MS Office applications.
Prior experience with Expected Credit Loss concepts or modelling is a plus
Proficiency in IT data management programs, financial analysis programs
Proven ability to develop collaborative relationships with key internal stakeholders to achieve objectives and prioritizations
High level proficiency in Spreadsheet tools and presentation of information.
If you meet the above requirements, please submit your detailed Curriculum Vitae quoting the job title as the subject to: recruitment@mayfaircib.com
Only shortlisted candidates will be contacted.
Mayfair-CIB Bank is an equal opportunity employer. We value the diversity of individuals, ideas, perspectives, insights, and values, and what they bring to the workplace.
Apply via :
recruitment@mayfaircib.com
