Job closed
Ref: LP452-625
Job description / Role
Job Purpose:
To provide day-to-day support for the relevant regulatory reporting regime expected credit losses (ECL) calculation and reporting, manage/maintain relevant software/system solutions and incorporate/configure regulatory revisions in order to provide accurate MIS and ECL analysis/reporting and comply with regulatory requirements and UAE Central Bank capital standards.
Requirements
ACCOUNTABILITIES
Regulatory Application Support :
Provide support to Finance and Credit Risk teams in calculating ECL reporting in financial statements and regulatory returns in order to provide MIS and ECL analysis reports to internal stakeholders
Maintain configuration, parameterisation, workflow and business rules in ECL and capital solutions to ensure the system is running on correct lookup tables and parameterisation
Understand and interpret data flow and validation within the system, troubleshoot user issues related to system usage and data quality (for example: checks, loading errors, incomplete data inputs etc.) in order to generate correct ECL position for internal and external regulatory reporting.
Configure revisions in ECL models based on revised regulations or business requirements in order to comply with regulatory requirements and UAE Central Bank capital standards
Conduct stress tests and what if analysis on ECL for budgetary purposes to ensure forecasts are robust.
Co-ordinate with IT and external vendors to resolve model and IT configuration related issues to ensure smooth running of the solution at month end
System Knowledge and Management :
Manage and maintain software and system solutions to ensure that models operate correctly and all necessary updates are incorporated through look up files
Assist in testing upgrades to the solution, validate and re-calibrate models, incorporate changes to workflows and troubleshoot issues to ensure solution is working effectively
Maintain up to date knowledge of emerging technology trends and techniques in order to recommend innovative solutions/approaches.
Policies, Process, Systems and Procedures :
Adhere to departmental policies, procedures and processes covering all areas of activity so that all relevant procedural requirements are fulfilled while ensuring that ADCB delivers best-in-class services, products and innovation.
Self-Management :
Manage self in line with the bank’s people management policies, procedures, processes and practices to ensure adherence and to maximise own contribution to business performance.
Customer Service :
Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank’s required levels of service in all internal and external customer interactions.
Minimum Experience :
At least 4 years of experience in consulting/Financial Services/Banking with knowledge of risk modelling and its configuration in IT systems including providing support on regulatory reporting regimes (such as SAS IFRS 9 application)
Minimum Qualifications :
Bachelor’s Degree in Finance, Statistics or Equivalent
Knowledge and Skills :
Knowledge of SAS tools including Risk and Finance Workbench, Model Implementation Platform, Business Rules Manager, System Management Console, Visual Analytics Tool, SAS Data Integrator tool and SAS Base language
Mathematical and statistical skills
Conversant with PD, LGD, EAD concepts and IFRS 9 standards
Application support and maintenance
Software change management
Process optimization
Conversant with change management process, system access and capacity planning
System monitoring and capacity planning
Microsoft Office (Advanced Excel)User Acceptance Testing
Data Quality
About the Company
ADCB is a full-service commercial bank offering a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate and currency derivatives, Islamic products, project finance, and property management services.