The United Bank has announced a new opening for a Portfolio Management Analyst in its risk management function, for specialists experienced in credit risk management, financial modelling and IFRS 9.

Duties and responsibilities

  1. Prepare documents and reports related to risk assessment.

  2. Prepare and document risk analysis reports for various stakeholders, including the Risk Committee, executive management and the Board of Directors.

  3. Develop IFRS 9 standards, monitor the model in use and carry out periodic calibration of credit risk models, including PD, LGD and EAD.

  4. Work on improving credit loss and provisioning models in light of IFRS 9 implementation.

  5. Periodically validate IFRS 9 calculations through qualitative and quantitative assessments.

  6. Prepare and document the ICAAP report on internal capital adequacy assessment.

  7. Prepare and document the Recovery Plan report.

  8. Conduct in-depth analyses and reviews of the credit portfolio and support issue resolution.

  9. Review the bank's risk appetite, asset concentration and emerging risks.

  10. Develop and enhance stress testing capabilities and methodologies.

Qualifications and experience

  • Bachelor's degree in a relevant field; postgraduate studies preferred.

  • Excellent experience and knowledge of bank risk management, Basel standards and IFRS 9.

  • Advanced proficiency in SQL / SAS / R / Python.

  • Strong experience in PD / LGD / EAD and ECL modelling.

  • Additional experience in developing and maintaining macroeconomic stress testing models and frameworks is preferred.

  • 3 to 5 years of experience in a relevant banking field.

  • Fluent English.

  • Advanced MS Office skills, especially Excel and Access.

For more details and to apply for the job, click here