As a part of this role , the candidate will be required to embed a control functionality by building and leading the development of the output for the team ,where you will help the colleague to demonstrate analytical and technical skills as we'll as knowledge of fundamentals of retail credit risk management, particularly across impairment management 
 The colleague will also need to demonstrate sound judgement in collaboration with the wider team and management  
 
  
    
  
To be successful in this role, you should have:
   -   To provide commentary for multiple forums Own IFRS9 risk models to manage entire lifecycle starting from data governance, development, implementation and monitoring 
 
 
-   Findings and observations on IFRS9 risk models Develop Post Model Adjustments (PMA)to address model inaccuracy and underperformance 
 
 
-   Review model monitoring reports to assess drivers for model underperformance and lias with modelling teams 
 
 
-   To design and implement tactical and strategic remediation Support production of commentary packs and decks for multiple forums and group impairment committee  
 
  
Some other highly values skills include:
   -   Review and challenge IFRS9 impairment models (both SPOT and Forecasting) 
 
 
-   Produce an annual and monthly forecast for IFRS9 
 
 
-   Maintain management information on impairment metrics eg stock coverage 
 
 
-   Have a working knowledge of key regulatory requirements for IFRS9 and apply this to existing processes and reporting 
 
 
-   Present and communicate results to management and other stakeholders 
 
 
-   Facilitate a culture of decision making through provision of robust and accurate analyses  
 
  You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as we'll as job-specific technical skills 
 
  
    
   Purpose of the role  
  To evaluate and assess the potential impairment of financial assets, ensuring that the banks financial statements accurately reflect the economic value of its assets 
 
  
   Accountabilities  
  -  Review and challenge CECL impairment models (both SPOT and Forecasting) 
-  Review model monitoring results of PD/LGD/EAD models to assess if the models are fit to use, and work with QA teams to develop remediation plans if needed 
-  Produce an annual and monthly forecast for CECL 
-  Able to carry out ad hoc investigations and analysis into portfolio performance, new models and regulatory/policy changes Impairment accuracy and integrity though analytics, appropriate use of accounting/financial techniques/tools and attention to detail 
-  Maintain management information on impairment metrics e 
 g  stock coverage
-  Have a working knowledge of key regulatory requirements including IFRS9/CECL/ALLL and apply this to existing processes and reporting 
 
-  Experience working within a SOx governance framework could be also beneficial 
 
-  Present and communicate results to management and other stakeholders 
 
-  Facilitate a culture of decision making through provision of robust and accurate analyses 
 
 
   Assistant Vice President Expectations  
  -  Produce impairment forecasts (RAF, STP, MTP, and ad-hoc outlooks) as we'll as forecast analyses on ad-hoc basis 
-  Assess Impairment charge drivers to Month over Month changes in ECL and PMA and provide commentary for multiple forums 
-  Own CECL risk models to manage entire lifecycle starting from data governance, development, implementation and monitoring 
 
-  Perform review and challenge of PD/LGD/EAD models used for CECL 
-  Work with modelling teams (QA), internal model validation teams (IVU and BIA) and external auditor to manage remediation of findings and observations on CECL risk models  
-  Develop Post Model Adjustments (PMA)to address model inaccuracy and underperformance 
-  Review model monitoring reports to assess drivers for model underperformance and liase with modelling teams to design and implement tactical and strategic remediation 
-  Support production of commentary packs and decks for multiple forums and group impairment committee