Assistant Vice President - Impairment US Cards Portfolio Analytics

Description:

- Review and challenge CECL impairment models (both SPOT and Forecasting)

- Review model monitoring results of PD/LGD/EAD models to assess if the models are fit to use, and work with QA teams to develop remediation plans if needed

- Produce an annual and monthly forecast for CECL

- Able to carry out ad hoc investigations and analysis into portfolio performance, new models and regulatory/policy changes Impairment accuracy and integrity though analytics, appropriate use of accounting/financial techniques/tools and attention to detail

- Maintain management information on impairment metrics e.g. stock coverage.

- Have a working knowledge of key regulatory requirements including IFRS9/CECL/ALLL and apply this to existing processes and reporting.

- Experience working within a SOX governance framework could be also beneficial.

- Present and communicate results to management and other stakeholders.

- Facilitate a culture of decision making through provision of robust and accurate analyses. To be successful in this role, you should have:

- To provide commentary for multiple forums Own IFRS9 risk models to manage entire lifecycle starting from data governance, development, implementation and monitoring.

- Findings and observations on IFRS9 risk models Develop Post Model Adjustments (PMA)to address model inaccuracy and underperformance.

- Review model monitoring reports to assess drivers for model underperformance and lias with modelling teams.

- To design and implement tactical and strategic remediation Support production of commentary packs and decks for multiple forums and group impairment committee.

Some other highly values skills include:

- Review and challenge IFRS9 impairment models (both SPOT and Forecasting).

- Produce an annual and monthly forecast for IFRS9.

- Maintain management information on impairment metrics e.g. stock coverage.

- Have a working knowledge of key regulatory requirements for IFRS9 and apply this to existing processes and reporting.

- Present and communicate results to management and other stakeholders.

- Facilitate a culture of decision making through provision of robust and accurate analyses.