Manager, IFRS9 Modelling and Reporting
The Position:
The holder of this
position is primarily responsible for the actual running of KCBK and Group
subsidiaries’ IFRS 9 Models, collect advances data (Report 1, PR-4, Credit
cards, MKCB and Mobi) for model runs, ensure monthly update on Corporate
Internal Risk Rating & IFRS9 CBK returns and Calculate model assumptions for
Probability of Default, LGD, EAD, cure RATES.
Key Responsibilities:
- Actual
Running of KCBK and Group subsidiaries’ IFRS 9 Models.
- Collect
Advances data (Report 1, PR-4, Credit cards, MKCB and Mobi) for model runs.
- Ensure
monthly update on Corporate Internal Risk Rating and IFRS9 CBK returns.
- Calculate
model assumptions.
- Provide
impairment breakdown by Segment, Business line and branch level and
Subsidiary level.
- Data
clean up in preparation for model runs.
- Preparation
of off-balance sheet data for Model runs.
- Support
IFRS 9 Technical committee with recommendations for model enhancement.
- Support
Early Alert Committee with Reports and scenario building and stress tests.
- Offer
support in External and Internal Audit engagement with respect to IFRS9
model quality assurance, validation, and accuracy controls.
- Prepare
IFRS 9 Listing for CBK returns.
- Ensure
LGD base data is updated in the core systems and validated.
- Liaise
with stakeholders for model output review.
- Prepare
the sensitivity reports, simulations and scenario building and projections.
The Person:
For the above position,
the successful applicant should meet the following criteria:
- A
degree in Accounting, Finance, Economics, Statistics, Physics, Actuarial
Science, Mathematics, or any quantitative related fields.
- CPA(K),
CFA or ACCA will be added advantage.
- Minimum
of 2 years’ experience handling large data sets in Finance, Credit or in
as an Actuary on a day-to-day basis in a top tier bank or supporting a top
tier bank in Kenya.
- Minimum
of 3 years of working experience in General Banking or Credit Or Credit
Risk Management or Finance.
- Understanding
of Credit facilities offered by banks and their risk profiles.
- Working
knowledge of SQL scripting using any tools SQL developer, or any other
applicable tools on a day-to-day basis.
- Experience
running Alteryx or any BI tool for IFRS9 modelling is a distinct advantage.
How to Apply
The above position is
demanding role for which the Bank will provide a competitive remuneration
package to the successful candidate. If you believe you can clearly demonstrate
your abilities to meet the criteria given above, please log in to our Recruitment
portal and submit your application with a detailed CV.
To be considered your
application must be received by Monday 19th December 2022.
Qualified candidates with
disability are encouraged to apply.
Only short-listed
candidates will be contacted.
