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Analyst, Group Impairment Reporting

Analyst, Group Impairment Reporting

RHB Banking GroupKuala Lumpur, Kuala Lumpur, Malaysia
30+ hari lalu
Penerangan pekerjaan

Overview

Objective

Provide guidance and advice to the respective Business units on the impairment triggers (i.e. Mandatory Status Trigger and Ancillary Status Trigger) and process flow of the FRS IA System; ensure compliance with regulatory, Group, internal policies and guidelines; preparation and submission of management reports is accurate, complete and timely; engage in problem solving and simulation exercises pertaining to MFRS9 IA matters with Business units, SME Recovery, Loan Recovery and other related parties; act as liaison between Loan Recovery System Support and Business Units for User IDs access and other FRS IA system issues; assist in projects involving MFRS 9 if required; engage with EBI team for discrepancies in ENT Master Loan and ia_total listing.

Responsibilities

  • Prepare, coordinate and track the completeness of FRS IA assessment submission on Monthly and Quarterly exercise.
  • Review and analyze any New IA and any ASTs triggers that meet the criteria in stage 2.
  • Coordinate and liaise with Business Unit for the preparation of IRWC material on Newly IA impaired borrower or Existing IA impaired borrower with change in assumption used to obtain IRWC approval for basis of provisioning.
  • Engage, advise on and deliberate on the IA assumption used to derive the correct Net Present Value (NPV) with Account Relationship Managers.
  • Conduct checking and control of the information used in the computation of Individual Assessment (IA) to be reconciled with the database.
  • Prepare reporting and analytical information on MFRS9 IA for Domestics and Overseas branches.
  • Ensure completeness and accuracy of the information / reports generated for MFRS9 according to the timeline.
  • Attend to requests for information from Corporate & Investment, Commercial, SME business units, SME Recovery and Loan Recovery, internal and external auditors and regulators as applicable.
  • Provide assistance in back testing exercises on IA key assumptions.
  • Work closely with Loan Recovery System Support Department and IT on system enhancement and process automation.
  • Conduct and involve in UAT on FRS IA system and process automation.
  • Engage with Loan Recovery on FRS user ID access and conduct FRS User ID reviewing purposes.
  • Proactive engagement and collaboration with Business units, SME Recovery, Loan Recovery and related parties in problem solving and simulation exercise pertaining to MFRS9 IA matters.
  • Perform SAS EG monthly updates for IA impaired borrowers in respect of Conventional and Islamic portfolios.
  • Monitor and review the generation of MFRS9 reports.
  • Conduct and analyze IA Review by Quarter 1 and Quarter 3 of the year.
  • Engage with EBI team for issues pertaining to ENT Master Loan and ia_total listing; ensure correctness of IA impaired borrowers for both Conventional and Islamic portfolios.
  • Engage and collaborate with GCM team to ensure impairment triggers are correctly assessed in the FRS IA system based on Business Units renewal paper.

Requirements

  • Professional or Degree in Finance, Accounting, Banking or equivalent qualifications.
  • ACCA, CIMA, MICPA, CFA or related subjects will be an added advantage.
  • Minimum of 4-5 years working experience in finance department.
  • Preferably with knowledge of MFRS9.
  • Able to adapt to changes and continuously improve work processes to ensure accurate and timely reporting.
  • Good knowledge of banking operations processes and accounting standards.
  • Strong analytical and problem solving skills.
  • In-depth knowledge of the Group’s systems architecture, system flows and databases.
  • Computer skills / knowledge in data mining or using productivity tools like SAS, SQL or other BI / analytical tools.
  • Excellent interpersonal and communication skills.
  • Able to work independently and as part of a team.
  • Seniorirty level

  • Mid-Senior level
  • Employment type

  • Full-time
  • Job function

  • Research, Analyst, and Information Technology
  • Location : Kuala Lumpur, Malaysia

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    Buat amaran kerja untuk carian ini

    Impairment Reporting • Kuala Lumpur, Kuala Lumpur, Malaysia