Manager, IFRS9 Modelling and Reporting at KCB Bank Kenya

The Position: 

The holder of this position is primarily responsible for the actual running of KCBK and Group subsidiaries’ IFRS 9 Models, collect advances data (Report 1, PR-4, Credit cards, MKCB and Mobi) for model runs, ensure monthly update on Corporate Internal Risk Rating & IFRS9 CBK returns and Calculate model assumptions for Probability of Default, LGD, EAD, cure RATES.

Key Responsibilities:

• Actual Running of KCBK and Group subsidiaries’ IFRS 9 Models.
• Collect Advances data (Report 1, PR-4, Credit cards, MKCB and Mobi) for model runs.
• Ensure monthly update on Corporate Internal Risk Rating and IFRS9 CBK returns.
• Calculate model assumptions.
• Provide impairment breakdown by Segment, Business line and branch level and Subsidiary level.
• Data clean up in preparation for model runs.
• Preparation of off-balance sheet data for Model runs.
• Support IFRS 9 Technical committee with recommendations for model enhancement.
• Support Early Alert Committee with Reports and scenario building and stress tests.
• Offer support in External and Internal Audit engagement with respect to IFRS9 model quality assurance, validation, and accuracy controls.
• Prepare IFRS 9 Listing for CBK returns.
• Ensure LGD base data is updated in the core systems and validated.
• Liaise with stakeholders for model output review.
• Prepare the sensitivity reports, simulations and scenario building and projections.

The Person:

For the above position, the successful applicant should meet the following criteria:

• A degree in Accounting, Finance, Economics, Statistics, Physics, Actuarial Science, Mathematics, or any quantitative related fields.
• CPA(K), CFA or ACCA will be added advantage.
• Minimum of 2 years’ experience handling large data sets in Finance, Credit or in as an Actuary on a day-to-day basis in a top tier bank or supporting a top tier bank in Kenya.
• Minimum of 3 years of working experience in General Banking or Credit Or Credit Risk Management or Finance.
• Understanding of Credit facilities offered by banks and their risk profiles.
• Working knowledge of SQL scripting using any tools SQL developer, or any other applicable tools on a day-to-day basis.
• Experience running Alteryx or any BI tool for IFRS9 modelling is a distinct advantage.