Job Responsibilities
JOB DESCRIPTION
- Manage the end-to-end IFRS 9 ECL month-end process, including consolidation of key input parameters and execution of batch runs to ensure timely and accurate results
- Drive IFRS 9 system enhancements by identifying improvement opportunities, raising Change Requests (CRs), and leading User Acceptance Testing (UAT), including development of test scripts and validation of system changes
- Perform ongoing model monitoring to ensure accuracy, stability, and continued relevance of ECL model performance, in line with governance standards
- Conduct in-depth analytical reviews of ECL results, including scenario simulations and impact analysis to support management insights and decision-making
- Support IFRS 9 model development, optimisation, and implementation initiatives, including the adoption of Artificial Intelligence (AI)-driven solutions for ECL and financial reporting
- Prepare IFRS 9 ECL reports and disclosures for financial, management, and regulatory reporting, ensuring compliance with local and Head Office requirements
- Support the annual financial statements preparation process, including IFRS 9 ECL-related disclosures and other relevant notes
- Partner with business stakeholders to support ECL planning and quarterly forecasting processes
- Collaborate with Group Risk on stress testing exercises, including meeting regulatory requirements (e.g., BNM, MAS)
- Ensure strong governance and robust controls over ECL modelling and financial reporting processes, ensuring adherence to internal policies and regulatory standards
- Contribute to IFRS 9-related projects, audits, and ad-hoc initiatives, providing subject matter expertise and cross-functional business support
Key Requirements
- Bachelor's degree in Accounting, Finance, Business, Data Analytics, or a related field, or equivalent professional qualification (e.g., CA Singapore, ACCA or CPA)
- Professional qualification (e.g., CA Singapore, ACCA or CPA)
- At least 5 years of experience in the banking and financial services industry or within a Big 4 accounting firm, focusing on financial services assurance or consulting
- Hands-on experience or foundational knowledge in data analysis and automation using VBA (MS Excel/MS Access), SQL (e.g., SAS Enterprise Guide, MS Access), and AI-driven solutions will be an advantage
About Us
With operations that span 15 different markets across the region, the opportunity to expand your experience, test your capabilities, and exhibit your resilience is ample.
#teamCIMB is always keen to welcome the ones who are ready to make that very special difference – for themselves and the bank.
