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Analyst - Model Risk Management - IFRS 9

2 - 5 years

0 Lacs

mumbai maharashtra india

Posted:2 weeks ago| Platform: Linkedin logo

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Skills Required

model risk management ifrs reporting analytics data analysis analyze portfolios compliance assessment calculations projections presentation report reports portfolio metrics documentation research support audit audits leadership training

Work Mode

On-site

Job Type

Full Time

Job Description

Job Requirements

Role/ Job Title:

Analyst - Model Risk Management - IFRS9

Function/ Department:

Risk-PAU

Job Purpose

The responsibility of the role is to manage end-to-end ECL computation, Reporting, Analytics and Disclosures under IFRS 9, as per extant guidelines.

Roles & Responsibilities

  • Data Analysis: - Collect, clean, and analyze data related to retail banking portfolios to ensure compliance with IFRS9 standards.
  • Risk Modeling: - Assist in building, validating, and implementing IFRS 9 ECL models for retail portfolios and UAT on a periodical basis.
  • IFRS9 Compliance: - Participate in the assessment of credit risk and expected credit loss (ECL) calculations to ensure compliance with IFRS9 standards.
  • Provide IFRS 9 related analytics, MIS, projections, presentation etc.
  • Report Generation: - Prepare reports and dashboards summarizing portfolio metrics, ECL, and other relevant analytics.
  • Documentation: - Maintain accurate records and documentation of IFRS9 compliance processes and methodologies.
  • Ad Hoc Analysis: - Perform ad hoc data analysis and research to support portfolio & model risk management initiatives.
  • Functional assistance to the Retail PAU team; Decision analytics - NCL, roll rates, slippage, vintage, rural business analytics.

Secondary Responsibilities

  • Portfolio Report.
  • Internal RAF Compliances
  • Ensuring Review of Bank wide policies for RMC, Policy / Manual review; making amendments based on 6. senior management discussions and RBI requirements/circulars; Notes
  • RBS - DCT reporting including data gathering and variance analysis.
  • Ad hoc RBI / Internal Audit / Statutory Audits / Queries
  • Annual RBI Indent Requirements.
  • Key data source identification and access (SFDC, IDP, original bank source DB)

Managerial And Leadership Responsibilities

Attract best talent in the team and manage attrition. Leads the team in spreading awareness amongst business teams regarding regulatory requirements / changes. Training and cross functional knowledge sessions.

Education Qualification

Graduation: Bachelor’s degree any relevant streamPost-graduation: Any Stream

Experience:

02 to 05 years of relevant experience.

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IDFC FIRST Bank

Banking and Financial Services

Chennai

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