Business AnalystSenior Business Analyst
Job Summary
Hi
Job Summary :
He/She will be responsible for the product development implementation
maintenance of Expected Credit Loss (ECL) provisions in accordance with IFRS 9
standards. This role requires a deep understanding of IFRS 9 requirements financial
modeling and risk assessment. The ideal candidate will work closely with the
product development team implementation team project management team and
senior management.
product development team implementation team project management team and
senior management.
Key Responsibilities
1. Product Design & Development:
Lead the design and development of product features related to IFRS 9 ECL PD
LGD EIR and EAD.
Collaborate with stakeholders to gather and analyze requirements specific to
IFRS 9 and ECL calculations.
Develop and implement product strategies to ensure compliance with IFRS 9
regulations.
Stay updated on changes in IFRS 9 regulations and industry best practices.
2. Solution Implementation and Maintenance:
Lead the deployment of IFRS 9 ECL solution for banking and financial institution
clients ensuring the software is tailored to meet their specific regulatory and
reporting needs.
Collaborate with clients to understand their existing processes and data
infrastructure customizing the product to integrate seamlessly with their
systems and workflows.
Oversee the configuration of the IFRS 9 ECL solution including setting up data
inputs risk parameters and model assumptions
Lead the deployment of IFRS 9 ECL solution for banking and financial institution
clients ensuring the software is tailored to meet their specific regulatory and
reporting needs.
Collaborate with clients to understand their existing processes and data
infrastructure customizing the product to integrate seamlessly with their
systems and workflows.
Oversee the configuration of the IFRS 9 ECL solution including setting up data
inputs risk parameters and model assumptions
3. Client Training Support and Documentation:
Provide comprehensive training to client teams on the use of the IFRS 9 ECL
product including functionality model interpretation and reporting features.
Offer ongoing technical support to address any issues or questions that arise
during the implementation phase and beyond.
Develop and maintain documentation of models assumptions and
methodologies used in ECL calculations.
Provide comprehensive training to client teams on the use of the IFRS 9 ECL
product including functionality model interpretation and reporting features.
Offer ongoing technical support to address any issues or questions that arise
during the implementation phase and beyond.
Develop and maintain documentation of models assumptions and
methodologies used in ECL calculations.
Qualifications
Education: MBA Finance/Banking PGDM-Finance/Banking CA bachelors
degree in finance Accounting Economics or a related field.
Education: MBA Finance/Banking PGDM-Finance/Banking CA bachelors
degree in finance Accounting Economics or a related field.
Experience: Minimum of 2-5 years of experience in IFRS 9 and ECL financial
reporting credit risk or a related field with a focus on IFRS9 - ECL.
reporting credit risk or a related field with a focus on IFRS9 - ECL.
Skills:
Strong understanding of IFRS 9 standards and ECL methodologies.
Proficiency in financial modeling and data analysis. o Excellent analytical
and problem-solving skills.
Experience with relevant software and tools (e.g. Excel SQL).
Strong communication skills with the ability to present complex
information clearly.
Detail-oriented with strong organizational skills.
Additional Information:
Travel: On-Site travel during project phases meetings or training sessions.
Compensation: Competitive salary and benefits package based on
experience and qualifications.
Strong understanding of IFRS 9 standards and ECL methodologies.
Proficiency in financial modeling and data analysis. o Excellent analytical
and problem-solving skills.
Experience with relevant software and tools (e.g. Excel SQL).
Strong communication skills with the ability to present complex
information clearly.
Detail-oriented with strong organizational skills.
Additional Information:
Travel: On-Site travel during project phases meetings or training sessions.
Compensation: Competitive salary and benefits package based on
experience and qualifications.