Job Summary: The Analyst – Regulatory Reporting will be providing day-to-day support for IFRS9 ECL calculation and reporting in production environment, maintaining and enhancing corporate and retail ECL models and incorporate/configure regulatory revisions, maintaining processes and functional business requirements and help design and develop technical solutions.
Key Duties and Responsibilities:
Day-to-Day Support for regulatory Applications:
Provide support for calculating ECL for reporting in financial statements and regulatory returns.
Maintain configuration, parameterization, workflow, business rules in ECL and capital solutions.
Understand and interpret the data flow and validation within the systems, troubleshoot users issues related to system usage and data quality
Configure revisions in ECL models based on revised regulations or business requirements.
Conduct stress tests and what if analysis on ECL for budgetary purposes
Co-ordinate with IT and vendors to resolve model and IT configuration related issues.
System Management: Manage and maintain SAS IFRS 9 and Fermat solutions
Policies, Process, Systems and Procedures: Adhere to departmental policies, procedures and processes covering all areas of activity so that all relevant procedural requirements are fulfilled while ensuring that ADCB delivers best-in-class services, products and innovation
Identify opportunities to contribute to organizational and departmental change initiatives, and projects taking into account best practice and standards in the business environment
Maintain a current knowledge of emerging technology trends and techniques and proactively recommend innovative solutions/approach
Customer Service: Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank’s required levels of service in all internal and external customer interactions
Qualifications, Skills and Experience:
The applicant must hold a Bachelor’s Degree in Finance/ Engineering/Statistics or equivalent
Professional technical degree and conversant in SAS base language
A minimum of two to three years’ experience in consulting and knowledge of risk modelling and its configuration in IT system. The above experience should cover at least 1 year experience in providing support on SAS IFRS 9 application
Knowledge of SAS tools including Risk and Finance Workbench, Model Implementation Platform, Business Rules Manager, System Management Console, Visual Analytics Tool, SAS Data Integrator tool and SAS Base language
Abu Dhabi Commercial Bank (ADCB) is a bank in the United Arab Emirate and was formed in 1985 as a public shareholding company with limited liability, upon merger of Emirates Commercial Bank and Federal Commercial Bank with Khaleej Commercial Bank, which was established in 1975. The Government of Abu Dhabi through the Abu Dhabi Investment Authority (ADIA) holds 65% of ADCB shares; the remainder is held by other institutions and individuals. ADCB is one of the largest in the UAE in terms of shareholder funds and market capitalization. The Bank is a United Arab Emirates-based public joint stock company that provides retail, commercial, investment, merchant, brokerage and fund management activities through its network of 48 branches in the United Arab Emirates and abroad: 2 branches in India and 1 in the UK.