Job Description
Job responsibilities will be to manage the end-to-end impairment accounting, provisioning process, Insights generation and business partnering with other related teams (i.e. Business, Credit, Risk, Technology, RoA Banking Cluster and RoA group Risk teams) to implement recommendations to reduce business exposure and providing an oversight balance role to credit risk. The job will also involve additional work around risk implication for pricing and establishing business base rate and product risk rates.
Ownership and ensuring smooth running of the IFRS9 Operating Model and Governance process
Ensuring the IFRS9 Operating Model is reviewed, challenged, and improved on a continuous manner
Ownership of the credit impairment methodology and related policies and procedures
Oversight of the business, risk, finance, and technology teams involved in the credit impairment provisioning process
Gaining deep understanding of the IFRS9 models in place and working with the model vendors to understand the model sensitivities and data dependencies
Own the vendor interaction with core IFRS 9 stake holders
Effectively work with group and regional teams in Risk, Finance, Credit and RoA.
Preparation for Model Risk Technical Committee Agenda and review of Action points and minutes for discussion with the Finance Manager.
Coordinating operational and stress testing activities with Risk and Quantitative Analysis teams
Ensure compliance to Group policies and governance and controls framework
Promote a culture of control awareness and best practice across the IFRS 9 impairment process
Monthly provisions analysis to give insights of the root cause,
Assist in developing tools and frameworks to incorporate risk-based pricing in product review and development.
Impairment of Non-Banking items i.e Government and Bank investments
Ensure compliance in Recognition of interest as per requirements of the standard- Stage 3 loan interest
Assist in preparations of ad-hoc or special purport reports
Branch Support in report understanding and impact assessments
Deadline:06 May 2022
go to method of application »
Use the link(s) below to apply on company website.
Apply via :
