Description:
Our client, a major global bank, is looking for a Senior Business Analyst to support a significant transformation of their Risk functions. This multi-year transformation aimed at fundamentally transforming and modernising the bank's approach to managing financial risk.
The successful candidate will have responsibility within the IFRS9 Workstream for delivery of the future Wholesale Impairment model with more Real Time simulations, scenario expansions and 'what-if' capabilities.
Responsibilities:
In collaboration with the Senior Wholesale Impairment Lead, design and deliver solutions on a number of initiatives including:
Defining the LIC simulation requirements, design solutions, test and transition to BAU.
Defining LIC reporting, identify key drivers, forecast and stress simulations.
Articulating trends in PDs, LGDs, EADs and ECLs and support conclusions for management presentation and reviews.
Providing commentary for ECL results and assisting in making strategic suggestions including production of Impairment committee presentations.
Support model change review by performing ECL sensitivity and impact analysis using sandbox and other analytics tools.
Work with the initiatives lead to support in management of all IFRS9 systems development, release plan and testing activities.
Build effective solutions with the business teams and related teams (Stress Testing, FCD, Risk IT, WMRT, GRA etc.)
Coordinate and delegate tasks to onshore and offshore teams where needed.
Act as a SAS/Python SME within the Wholesale credit risk function.
Requirements/Qualifications:
Good understanding of IFRS 9 and the IFRS 9 impairment process or alternatively of RWA/stress testing processes.
Good understanding of Finance & Risk at a Global Bank.
Ability to build ad-hoc analytical tasks with ease (eg ECL impact estimates or management overlays or tackling model limitations etc.)
Ideally experience of credit risk management and/or measurement.
ACA or ACCA or CISI or CSA qualified, relevant professional qualification, or relevant advanced degree.
Ability to navigate a large organisation with many internal stakeholders.
Used to operating under tight deadlines.
Please contact Mervyn Stovell for immediate consideration and further details.