Assistant Manager, Credit Impairment Analytics - HSBC

  • Negotiable
  • London, England, United Kingdom London England GB
  • Temporary, Full time
  • HSBC Bank plc
  • 20 Jun 18 2018-06-20

Assistant Manager, Credit Impairment Analytics - HSBC This is an initial 3 month contract based in London

Assistant Manager, Credit Impairment Analytics - HSBC

This is an initial 3 month contract based in London

PLEASE READ FULL SPEC BEFORE APPLYING ** Due to the nature of the roles, which are tackling complex issues and operating in a very tactical environment while strategic solutions are being developed, the ideal candidates should tick the following criteria:

  • HSBC experience ( Or similar financial institution)
  • ACCA qualified ( or equivalent)
  • Hyperion experience
  • Credit Risk experience

To join a new global team, Credit Impairment Analytics, which will play a critical role in the implementation and on-going delivery of IFRS 9. Key objectives will include:

  • Assist in establishing the team's role within the IFRS 9 governance process and operating model, working closely with Credit Risk and global finance teams. The team aims to become a centre of excellence for credit knowledge within the HSBC Finance community.
  • Production of analytics which support the review of IFRS 9 impairment results at global business and significant subsidiary impairment committees. Additionally, these analytics will support external reporting disclosures.
  • Assist in the preparation of papers that document the challenge of the expected credit losses calculated by entities and global businesses.
  • Review the Group's credit disclosures to ensure best practice and compliance with regulatory standards (e.g. IFRS).
  • Monitor the external environment to identify reasons to adjust the Group's expected credit loss calculations and assess the external markets expectation of the Group's ECL.
  • Prepare an expectation of reporting period expected credit losses to support group management and investor relations.
  • Maintain a robust and compliant control environment.

Knowledge & Experience / Qualifications

  • Recognised professional accountancy qualification is essential.
  • Fundamental understanding of the financial reporting and external disclosure requirements for a large financial institutions and some experience of preparing or auditing published financial statements.
  • Awareness of IFRS 9 and other relevant regulatory and best practice reporting issues.
  • Ability to design, document and communicate analytical procedures to provide assurance over external financial statements.
  • Some experience of preparing technical/formal papers which are delivered to a senior management level.
  • Knowledge of risk modelling concepts would be an advantage.
  • Be a self-starter/motivated - ability to work with minimum supervision with attention to detail. Ability to manage stakeholder expectations.
  • Ability to field, analyse and solve unstructured problems/queries and to challenge existing procedures.
  • Ability to communicate complex financial issues confidently to line management.
  • Be able to work to strict deadlines, under pressure and be a team player.
  • Keen to learn/ask questions/progress.
  • Hyperion experience

Please submit your CV in the first instance