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Impairment/ Credit Loss Reporting & Analytics - AVP

Company: Emergent365 Inc
Location: Wilmington
Posted on: January 15, 2022

Job Description:

Impairment Reporting & Analytics
Financial Firm
Wilmington DE
AVP Level
125-130K base + bonus

Job Summary

Leading financial company in Wilmington Delaware is seeking someone to join their impairment planning organization responsible for credit loss modeling for their retail credit card business. The AVP in this role will help with assist by producing impairment actuals and portfolio analytics to help the business better understand drivers of impairment and support forecasting and creation of new models.
Seeking someone at AVP level with 5+ years experience. Must have some credit risk experience from a retail banking or credit card business. Strong preference for someone with either knowledge of IFRS or CECL or CCAR. Must have experience with one of following scripting languages: SAS, SQL, Python. Must have strong analytical skills and have experience working with large data sets.

Job Description:
As an Impairment Reporting, Assistant Vice President you will product monthly impairment actuals and portfolio analytics to help understand drivers of impairment and support forecasts and implementation of new models and policies. You will carry out impairment reserve, charge determinations, and booking into the ledger using knowledge of data sources.

Requirements:
--- Using accounting/financial techniques/tools and attention to detail for Impairment accuracy and integrity though analytics
--- Maintaining management information on impairment metrics e.g. Impairment charge components, trends, reserve balance, coverage rates
--- Managing regular monthly impairment processes that determine impairment stock/charge
--- Carrying out ad hoc investigations and analysis into portfolio performance, new models and regulatory/policy changes
--- Having a working knowledge of key regulatory requirements including IFRS9 and apply this to existing processes and reporting
--- Presenting and communicating results to senior management and other stakeholders
--- Facilitating a culture of decision making through provision of robust and accurate analyses

Responsibilities:
--- Exposure to Impairment provisioning standards (i.e. IFRS9) and loss modelling
--- Portfolio risk management knowledge including credit risk lifecycle and it's impacts on the drivers of impairment
--- Ability to translate from a technical aspect to a non-technical audience
--- Team working and stakeholder management across all levels

Nice to have:
--- Experienced in SAS/SQL and other widely available data analytics tools
--- Ability to deal with complex problems/issues, hypothesis testing via data analysis
--- Documentation of existing processes and models to a required standard as defined by the internal & external auditors and other governance bodies

Keywords: Emergent365 Inc, Wilmington , Impairment/ Credit Loss Reporting & Analytics - AVP, Advertising , Wilmington, Delaware

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