Manager, IFRS9 Modelling and Reporting job at KCB Bank Kenya
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Vacancy title:
Manager, IFRS9 Modelling and Reporting

[ Type: FULL TIME , Industry: Banking , Category: Accounting & Finance ]

Jobs at:

KCB Bank Kenya

Deadline of this Job:
19 December 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Tuesday, December 06, 2022 , Base Salary: Not Disclosed

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JOB DETAILS:

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


Work Hours: 8


Experience in Months: 24

Level of Education:
Bachelor Degree

Job application procedure

Interested and qualified? Click Here To Apply


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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 19 December 2022  
Duty Station: Nairobi
Posted: 06-12-2022
No of Jobs: 1
Start Publishing: 06-12-2022
Stop Publishing (Put date of 2030): 06-12-2066
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