Director ECL Management and Loss forecasting

10 - 18 years

35 - 50 Lacs

Posted:2 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities

Lead and manage the ECL Management and Loss Forecasting process
* Develop, maintain and manage all ECL models in compliance with IFRS 9 / INDAS standards.* Oversee the implementation of ECL models ensuring proper calibration, validation, and documentation of models.* Manage all ECL audits incl. stat audits and regulatory inspections* Analyze and interpret financial data including Macro Analysis to provide credit loss forecast and outlook* Collaborate/liaise with other departments to gather necessary data and insights for forecasting* Prepare and present detailed reports on loss forecasts to senior management and stakeholders.* Stay updated with industry best practices, regulatory changes, and advancements in loss forecasting

Requirements:

* Chartered Accountant / MBA
* Minimum of 3 years of experience in loss forecasting/ ECL management, or a related role.* (Overall experience of around 7-10 years of experience)* Familiarity with regulatory requirements and industry standards related to accounting standards/ IFRS9* Familiarity with net flow rates, gross flow rates, recovery rates, Vintage Curves, cost of recovery etc.* Experience in credit cost/loss budgeting* Excellent communication and leadership skills.* Ability to work collaboratively with cross-functional teams* Detail-oriented with a strong focus on accuracy and compliance.

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Lendingkart

Financial Services

Ahmedabad Gujarat

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