The Senior Impairment Reporting Specialist position at Absa Group in South Africa requires a candidate with extensive experience in credit risk management, particularly within corporate and investment banking. The role focuses on managing impairments, enhancing impairment models, and stakeholder management to ensure compliance and accurate reporting
Job Summary
The role is accountable for managing impairments across Corporate and Investment Banking in South Africa through accurate monthly analysis and reporting.
Candidates will drive the continuous enhancement of impairment models by liaising with Model Development teams to check and challenge IFRS9 methodologies.
The position involves leading annual planning cycles, including compiling base and stress scenario impairment outlooks for senior management sign-off.
Matching Summary
Match Score: 85
The Senior Impairment Reporting Specialist position at Absa Group in South Africa requires a candidate with extensive experience in credit risk management, particularly within corporate and investment banking. The role focuses on managing impairments, enhancing impairment models, and stakeholder management to ensure compliance and accurate reporting.
Skills & Requirements
Must-have
Credit Risk Management for Corporate Clients
IFRS9 Impairment Modelling Knowledge
Monthly Impairment Analysis and Reporting
Stress Testing and Scenario Planning
Stakeholder Management in Banking
Nice-to-have
Advanced Quantitative Analytical Thinking
Experience with Model Development Teams
Internal Audit Liaison Experience
Continuous Process Improvement 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 CFA, CA, or FRM advantageous