Mashreq Bank Jobs 2022 in Pakistan – AVP- Head of IFRS 9 & Basel Reporting (Pakistan CoE)

Website Mashreq Bank

Are you looking for a Remote Job at Mashreq Bank in Pakistan
in 2022. Then following info is about this job.

About the job

Job Purpose

  • End to End Management of monthly IFRS 9 ECL measurement i.e. from data sourcing of relevant assets information to circulation of results to internal and external stakeholders.
  • Accountable for Pillar 1 Credit Risk RWA computations on a monthly basis.
  • Responsible for Pillar 3 regulatory submissions to CBUAE as per timelines.
  • Managing ECL submissions to regulators and external auditors across all Mashreq jurisdictions.
  • Ensure prompt circulation of monthly presentations demonstrating ECL & CRWA variances and associated commentary to senior management.
  • Take lead on responding to queries related to ECL & CRWA from various stakeholders within the bank. Advising stakeholders on technical / computation related concepts.
  • Engage in discussions with the external auditors across all Mashreq jurisdictions on regulatory aspects of ECL regulatory and financial reporting.
  • Supervising preparation of financial disclosures related to ECL & CRWA Reporting, including qualitative disclosures.
  • Lead regulatory projects / system enhancements related to areas like ECL computation and Basel Pillar 1 / Pillar 3 reporting.
  • Manage all other ad hoc regulatory commitments to various Central Bank’s.
  • Support business teams with validation and understanding of existing & proposed RAROC numbers & variances within quarters.
  • Manage submissions to Rating agencies and other external parties.
  • Assist the data management team in automation of surround processes / files related to IFRS 9 and Pillar 1 reporting.

Key Result Areas

  • Prompt & accurate reporting of all IFRS 9 and CRWA reporting matters.
  • Timely production of Internal management reports with detailed commentary demonstrating the rationale for variances across period.
  • Ensure all documentation related to IFRS 9 and Basel Pillar 1 / 3 reporting is kept updated within the required frequency of document refresh.

Knowledge, Skills and Experience

  • 8 to 10 years of relevant experience in banking, with at least 3 years’ experience in Risk Management
  • Good knowledge of Basel III Accord and rules for measurement of Risk Weighted Assets.
  • Thorough understanding of IFRS 9 classification and computation concepts.
  • Strong analytical skills.
  • Hands on experience with SQL, SAS, R etc. is preferred.
  • Proven ability to manage and motivate a team of specialists
  • Excellent hands on knowledge on Microsoft Excel, Power point, Word Etc.

Company: Mashreq Bank

Vacancy Type: Full-time · Director

Job Location:  Pakistan

Application Deadline: N/A

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