Associate Vice President - IFRS9 - Investment Bank

Designation - Associate Vice President - IFRS9 (Impairment Analysis)

Location - Bangalore

Desired profile - An incumbent should have minimum of 8 years of experience on Risk modeling.

Commercial Banking or Wholesale Banking experience is must with 1 year of exposure on IFRS9.

IFRS 9 Financial Instruments is the most significant risk and accounting change since the initial adoption of IFRS, and one of the most significant changes in credit risk measurement since Basel II.

IFRS 9 is an initiative, with strong visibility at Board level and offers an excellent opportunity for individual development and career progression. It involves facing off to numerous areas of the bank and working together to produce Impairment provisions which ultimately get reported into the financial statements.

The role will be part of the newly created Wholesale Impairments Analytics Team located in Bangalore which supports the aggregation, review and deep dive analysis of Impairment risk numbers. The team will also assist in strategic decision making.

Tasks include but are not limited to:

- Working with Group Risk Analytics teams to understand credit risk methodology's relating to IFRS 9

- Coordinating activities with Stress Testing, Sovereign Risk & Forward Economic Guidance Teams

- Being able to manage all levels of stakeholders

- Close collaboration with other global team will be essential to be successful in the role.

- Being the main point of contact in Wholesale Credit Risk (WCR) for IFRS 9 questions coming from local regions, other HGHQ teams and regulators

Knowledge & Experience / Qualifications

- Post graduate in Finance, Computer Science or numerated related disciplines

- Some experience in management and keen to develop this dimension. Can demonstrate team building and leadership achievements.

- Very good presentation skills to brief senior management on topics or summarize key information

- Good relationship skills with customers, especially under period of pressure

- Knowledge on trading business & products, risk methodology and regulatory framework.

- Experience in analytical reporting, e.g. explain of a quantity by breaking down its input variables

- Able to understand and document processes using data flow diagrams

- Good level of understanding of Excel & Access (VBA level), PowerPoint and MS Word

Ashu Rajpoot
9873179522