Functional Analyst (IFRS)

We are seeking an experiencedFunctional Analyst with strong IFRS 9 expertiseto support a large-scale IFRS 9 migration programme within a leading financial institution. The role involves analysing and redesigning processes supporting the migration of IFRS 9 data and calculation platforms and acting as a key contributor throughout the implementation lifecycle.

This position requires a senior professional who can operate independently provide direction to project teams challenge requirements and support business and IT stakeholders throughout a complex transformation initiative.

Key Responsibilities

• Lead functional analysis activities within the IFRS 9 migration programme.
• Analyse and document business requirements related to IFRS 9 credit risk and Expected Credit Loss (ECL) calculations.
• Support the migration from legacy IFRS 9 platforms to a new target solution.
• Perform data analysis and data mapping between source and target environments.
• Translate business requirements into functional specifications and support technical design activities.
• Collaborate with business stakeholders risk teams finance teams and IT delivery teams.
• Work closely with software vendors and external consulting partners involved in the IFRS 9 solution landscape.
• Identify gaps risks and dependencies within migration activities and recommend solutions.
• Support testing activities including functional testing integration testing and data validation.
• Provide guidance and leadership to less experienced analysts and project team members.
• Contribute to project planning governance and implementation activities.

Required Experience

• Minimum 10-15 years of experience as a Functional Analyst Business Analyst or similar role within financial services.
• Proven experience working onIFRS 9 implementations migrations or enhancements.
• Strong understanding of:
  • IFRS 9 regulations and reporting requirements
  • Expected Credit Loss (ECL) methodologies
  • Credit risk management processes
  • Banking data models and financial products
• Experience with large-scale transformation or migration projects in banking.
• Ability to work in complex stakeholder environments and drive requirements discussions.
• Demonstrated capability to lead workshops and provide direction within multidisciplinary teams.

Preferred Qualifications

• Experience with IFRS 9 calculation engines or vendor solutions used for ECL calculations.
• Knowledge of regulatory reporting and risk management frameworks within banking.
• Familiarity with data migration and data quality initiatives.
• Experience working in Agile delivery environments.
• Understanding of finance accounting and risk domains within financial institutions.

Soft Skills

• Strong analytical and problem-solving skills.
• Able to operate autonomously and take ownership of deliverables.
• Excellent stakeholder management and communication skills.
• Leadership mindset with the ability to mentor and guide teams.
• Results-oriented and capable of working in a fast-paced transformation environment.
• Comfortable challenging assumptions and driving decision-making.

Required Skills:

FUNCTIONAL TESTINGAGILESTAKEHOLDER MANAGEMENT