AVP - IFRS9 Impairment - Wholesale Impairments Analytics Team

IFRS 9 Financial Instruments is the most significant risk and accounting change since the initial adoption of IFRS, and one of the most significant changes in credit risk measurement since Basel II.

The role will be part of the newly created Wholesale Impairments Analytics Team which supports the aggregation, review and deep dive analysis of Impairment risk numbers. The team will also assist in strategic decision making.

Tasks include but are not limited to:

- Working with Group Risk Analytics teams to understand credit risk methodology's relating to IFRS 9

- Coordinating activities with Stress Testing, Sovereign Risk & Forward Economic Guidance Teams

- Being able to manage all levels of stakeholders

- Close collaboration with other global team will be essential to be successful in the role.

To be successful in the team, you should meet the following requirements:

- Have an understanding of risk analytics and credit risk modelling

- Programming experience (SAS, SQL)

- Comfortable to perform data mining activities (for ECL driver analysis)

- IFRS 9 and Regulatory reporting experience

- IFRS 9 subject-matter and technical skills, with ability to:

i. to manipulate large data sets on analytics platforms like SAS,

ii. build tactical VBA or spreadsheet-based tools for analysis and

iii. present to senior stakeholders

Strong IFRS 9 subject-matter, business knowledge and technology sense. Strong written / verbal communication skills

- Review Group/regional/business demands for methodology/policy changes and assess impacts

- Provide business performance benchmark reports

- Review credit mitigation measures applied to reduce ECL