Senior Business Analyst

Role & responsibilities

Job Summary:

The IFRS 9 ECL product consultant will be responsible for the product development, implementation, and 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.

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.

1. 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

1. 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.

Qualifications:

• Education:

  MBA – Finance/Banking, PGDM-Finance/Banking, CA, bachelor’s 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.

• Skills:

• Strong understanding of IFRS 9 standards and ECL methodologies.
• Proficiency in financial modeling and data analysis.
• 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.