Required Qualification: ACA, ACMA, Master’s/4-year Bachelor’s Degree in Business Administration, Actuarial Sciences, Data Science, or Econometrics from HEC recognized institutions

 Age: (as of the last date of submission of application) 40 years maximum.

Experience: (Post Qualification) Minimum 03 years of relevant experience.

Job Description:

• Manage and implement the ongoing quarterly production of IFRS 9 expected credit losses using existing models and develop new models, whilst providing insight and analytical commentary to allow senior management to make complex considerations and a high level of management judgment on the expected credit loss calculations through regular monitoring and reporting.
• Develop additional IFRS 9 ECL models and /or PD / LGD scorecards should the HBFC widen its product offering
• Enhance IFRS 9 model monitoring and management information to allow senior management to understand new and potentially even more complex products and investments in the future
• Enhance the development of second-generation IFRS 9 models, including recalibration of PD, LGD, macroeconomic scenarios, and interest rates
• Work with the team to ensure the relevant journal balance movements, reconciliations, reports, and annual report and accounts entries are produced in line with IFRS9 and HBFC’s financial reporting timelines
• Provide and present advanced analytical insights to the senior management and Stakeholders, in addition to explain new technical concepts when necessary, and ensure that IFRS 9 standards and requirements are cascaded and met across the organization

Knowledge and experience

• Significant prior experience in an IFRS 9/Credit Risk Modeling team
• Understanding of risk metrics and accounting concepts (PD, LGD, EAD, arrears and roll rates, interest rates, fair value, write-offs)
• IFRS 9 and credit rating scorecard model building experience and documentation skills
• Risk and financial reporting experience
• Prior experience in undertaking linear regression analysis and historical vintage analysis
• Credit risk management, credit risk modeling or business expertise within a Retail/Commercial or Corporate bank, with the ability to apply technical IFRS 9 guidelines to practical business scenarios

Key competencies/ Behaviors

• Ability to build relationships with all levels of management
• Interpersonal and influencing skills, including strong oral and written communication of technical concepts to a non-technical audience
• Strong work ethic, professional and personable
• Ability to solve problems in creative, practical ways
• High personal standards with respect to the quality of your own work
• The ability to work seamlessly as part of a team, furthering common goals and working within demanding deadlines
• Knowledge and hands-on with Advanced Excel, Power BI, VBA, C++, SPSS/SAS, and other programming skills with experience in working with large datasets