Absa Bank Limited is seeking a Senior Impairment Reporting Specialist at the VP level, responsible for managing impairments in Corporate and Investment Banking, enhancing impairment models, and ensuring compliance with reporting standards. The ideal candidate should possess a strong background in credit risk, quantitative analysis, and stakeholder management with at least 5 years of relevant experience
Job Summary
The role is accountable for managing impairments across Corporate and Investment Banking in South Africa with a focus on accurate monthly reporting.
Candidates will drive the continuous enhancement of IFRS9 models by challenging methodology and collaborating with Model Development teams.
The position involves leading annual planning cycles to compile base and stress scenario impairment outlooks for senior management sign-off.
Matching Summary
Match Score: 85
Absa Bank Limited is seeking a Senior Impairment Reporting Specialist at the VP level, responsible for managing impairments in Corporate and Investment Banking, enhancing impairment models, and ensuring compliance with reporting standards. The ideal candidate should possess a strong background in credit risk, quantitative analysis, and stakeholder management with at least 5 years of relevant experience.
Skills & Requirements
Must-have
Credit Risk Management for Corporate clients
IFRS9 impairment modelling knowledge
Monthly impairment analysis and reporting
Stakeholder management across CIB teams
Sensitivity analysis for stress scenarios
Nice-to-have
Continuous enhancement of impairment models
Driving efficiency within Credit Risk team
Liaising with Model Development teams
Strong analytical thinking skills
Key Requirements
Minimum 5+ years experience in credit risk or investment banking
BCom or B.Sc. degree in Finance, Risk, or Statistics
Professional qualification in trading (CFA), accounting (CA), or risk (FRM) advantageous