KCB Group Senior Manager, IFRS9 Modelling & Reporting Jobs in Kenya

KCB Group Senior Manager, IFRS9 Modelling & Reporting Jobs in Kenya

The Position:

The role holder will be responsible for leading a team that runs the models for KCBK and Group subsidiaries’ IFRS 9 Models, validate model assumptions for Probability of Default, LGD, cure rates, EAD etc and provide overall oversight over the model running.

Key Responsibilities:

Lead a team that runs the models for KCBK and Group subsidiaries’ IFRS 9 Models

Interpret data for the purpose of determining the root causes of past figures, financial, costing, and operational performance

Overall custodian of KCBK and Group subsidiaries’ IFRS 9 Models

Validation, integrity, and completeness of the loans data before running models.

Support IFRS 9 Technical committee and Early Alert Committee.

Update model assumptions for Probability of Default, Cure Rates, Overlays for macroeconomic indicators

Ensure proper application of Retail Overlay recovery rate and Digital Loans; Mobi and KCB Mpesa post write-off recovery.

Offer support in External and Internal Audit engagement.

Support IFRS 9 Technical committee and early alert committees with recommendations for model enhancement.

Offer support in External and Internal Audit engagement with respect to IFRS9 model quality assurance, validation, and accuracy controls.

Validate the IFRS 9 Listing for CBK returns.

Support business processes to optimize capital allocation and processes to support business growth based on opportunities that arise from the models.

Validate the Sensitivity analysis and projection reports.

Provide effective insights and analysis to assist the Enterprise Business in

meeting the established financial and profit objectives; Provide analytical support and analysis to the Business Performance Manager.

The Person:

For the above position, the successful applicant should have the following:

A degree in Accounting, Finance, Economics, Statistics, Physics, Actuarial science, mathematics or related fields.

8 years’ experience in a Financial/ credit Reporting role, or general banking, or in an actuarial role, or Credit risk management.

1 year working experience handling large data sets for a bank ideally with Big 5 audit firms, or in a Finance function or Credit or in an actuary on a day-to-day basis in a top tier bank or supporting a top tier bank in Kenya.

1 year working knowledge of SQL scripting using any tools SQL developer, or any other applicable tools on a day-to-day basis.

Clear understanding of Credit facilities offered by banks and their risk profiles.

How to Apply

For more information and job application details, see; KCB Group Senior Manager, IFRS9 Modelling & Reporting Jobs in Kenya

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