AVP - ECL Management & Loss Forecasting
5 days ago
About Our Client
This is a leading financial services company in India, boasting a robust workforce and a nationwide presence. The organisation specialises in providing diverse banking and financial services to its vast client base.
Job Description
Lead and manage the ECL Management and Loss Forecasting team.
* Develop, maintain and manage all ECL models in compliance with IFRS 9 standards.
* Oversee the implementation of ECL models ensuring proper calibration, validation, and documentation of models.
* Manage all ECL audits incl. stat audits and regulatory inspections
* Analyse and interpret financial data to provide credit loss forecast and outlook
* Collaborate/liaise with other departments to gather necessary data and insights for forecasting
* Prepare and present detailed reports on loss forecasts to senior management and stakeholders.
* Stay updated with industry best practices, regulatory changes, and advancements in loss forecasting
The Successful Applicant
* Chartered Accountant
* Minimum of 6-8 years of experience in loss forecasting/ ECL management, or a related role.
* (Overall experience of around 13-15 years of experience)
* Familiarity with regulatory requirements and industry standards related to accounting standards/ IFRS9
* Familiarity with net flow rates, gross flow rates, recovery rates, cost of recovery etc.
* Experience as a cost controller, credit cost/loss budgeting
* Excellent communication and leadership skills.
* Ability to work collaboratively with cross-functional teams
* Detail-oriented with a strong focus on accuracy and compliance.
-
AVP - ECL Management & Loss Forecasting
8 hours ago
Mumbai, India Michael Page Full timeOpportunity to work with a fast growing NBFC Opportunity to work directly with the senior management About Our Client This is a leading financial services company in India, boasting a robust workforce and a nationwide presence. The organisation specialises in providing diverse banking and financial services to its vast client base. Job Description Lead...
-
Head - Expected Credit Loss - NBFC
4 weeks ago
Mumbai, Maharashtra, India Huntsmen & Barons Full time- Seeking an accomplished and experience personnel in risk management to drive credit risk modelling, regulatory compliance, portfolio analytics, and enterprise risk strategy for our NBFC. The ideal candidate to bring relevant experience in financial risk and offers deep expertise with Basel II/III, IFRS9, ICAAP, and credit analytics, with exposure across...
-
Avp- Stress Testing/loss Forecasting Model
1 week ago
Mumbai, Maharashtra, India Citi Full timeResponsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries. - With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model development, validation, usage and on-going performance assessment; -...
-
3 Days Left Dvp Risk
3 weeks ago
Mumbai, Maharashtra, India TATA CAPITAL Full timeJob Purpose Seeking an accomplished and experience personnel in risk management to drive credit risk modelling regulatory compliance portfolio analytics and enterprise risk strategy for our NBFC The ideal candidate to bring relevant experience in financial risk and offers deep expertise with Basel II III IFRS9 ICAAP and credit analytics with...
-
Avp- Stress Testing, Forecasting
4 days ago
Mumbai, India Citi Full timeIntegral to Citi Cards‘ success is strong and effective Risk Management that allows us to serve our customers while also protecting Citi’s interests. NA Cards Risk Management division comprises of highly qualified individuals spread across the globe. **Position Summary**: The role is within the Loss / Loan Loss Reserve Forecasting and Stress Testing...
-
Mumbai, India Citi Full timeThe role is within the Loss / Loan Loss Reserve Forecasting and Stress Testing team. This group is specifically tasked with calculating and managing the net credit loss and loan loss reserve forecast on a $90BN + portfolio and working with the Finance teams to build forecasts for credit losses and loan loss reserves under varying macro-economic and business...
-
Svp- Loss Forecasting
1 week ago
Mumbai, India Citi Full timeIntegral to Citi Cards‘ success is strong and effective Risk Management that allows us to serve our customers while also protecting Citi’s interests. NA Cards Risk Management division comprises of highly qualified individuals spread across the globe. **Position Summary**: The role is within the Loss / Loan Loss Reserve Forecasting and Stress Testing...
-
Mumbai, Maharashtra, India Citi Full time ₹ 12,00,000 - ₹ 24,00,000 per yearThe role is within the Loss / Loan Loss Reserve Forecasting and Stress Testing team. This group is specifically tasked with calculating and managing the net credit loss and loan loss reserve forecast on a $90BN + portfolio and working with the Finance teams to build forecasts for credit losses and loan loss reserves under varying macro-economic and business...
-
Mumbai, Maharashtra, India Citi Full time ₹ 15,00,000 - ₹ 45,00,000 per yearDiscover your future at CitiWorking at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.Job OverviewJob DescriptionThe role is within the Loss / Loan Loss Reserve...
-
Mumbai, Maharashtra, India Citi Full time ₹ 12,00,000 - ₹ 36,00,000 per yearDiscover your future at CitiWorking at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.Job OverviewThe role is within the Loss / Loan Loss Reserve Forecasting and...
