Sep 14, 2017

Manager - IFRS 9 Risk Reporting and Analysis - First Abu Dhabi Bank (FAB)

  • Gulf Jobs
  • Abu Dhabi - United Arab Emirates
Banking

Job Description

Job description
First Abu Dhabi Bank aims at getting Stronger, larger and being one of the world's largest financial institutions. The merger of First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD) has created the biggest bank in the UAE with approximately $186 billion of assets as at March-end 2017.
Job Purpose
To support Credit Risk Management Unit (CRMU) in the assessment, approval, administration, monitoring and reporting related activities pertaining to IFRS 9 impairments.
Key Accountabilities
Policies, Systems, Processes & Procedures
• Provide inputs and implement policies, systems and procedure for the assigned team so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.
Continuous Improvement
• Lead the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
Reporting
• Prepare sectional statements and reports timely and accurately to meet FGB-NBAD and department requirements, policies and quality standards.
Specific Accountability
• Responsible for managing end-to-end IFRS 9 impairment process in a business as usual environment
• Responsible for the calculation and reporting of IFRS 9 ECL for FAB
• Ensure IFRS 9 impairment policy is adhered to and complies with regulatory requirements
• Responsible for maintaining IFRS 9 impairment process notes and documentation
• Provide necessary IFRS 9 reports to internal audit, external audit and external agencies
• Support Credit Risk analytics team on periodic IFRS 9 impairment model validation and developments
• Perform ad-hoc analysis as and when requested by senior management
• Collaborate with other risk functions, finance, business teams and IT to improve systems or processes related to risk data
• Support major system projects related to IFRS 9 impairment module

Job Details

Date Posted: 2017-09-13 Job Location: Abu Dhabi, United Arab Emirates Job Role: Finance and Investment Company Industry: Banking

Preferred Candidate

Career Level: Mid Career Degree: Bachelor's degree

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