IDFC BANK/ Credit Risk Anaylst-ECL/ Mumbai

Job Description:

Job Requirements
Role/ Job Title: Analyst - Model Risk Management - IFRS9

Function/ Department: Risk-PAU

Job Purpose:

The responsibility of the role is to manage end-to-end ECL computation, Reporting, Analytics and Disclosures under IFRS 9, as per extant guidelines.

Roles & Responsibilities:

· Data Analysis: - Collect, clean, and analyze data related to retail banking portfolios to ensure compliance with IFRS9 standards.

· Risk Modeling: - Assist in building, validating, and implementing IFRS 9 ECL models for retail portfolios and UAT on a periodical basis.

· IFRS9 Compliance: - Participate in the assessment of credit risk and expected credit loss (ECL) calculations to ensure compliance with IFRS9 standards.

· Provide IFRS 9 related analytics, MIS, projections, presentation etc.

· Report Generation: - Prepare reports and dashboards summarizing portfolio metrics, ECL, and other relevant analytics.

· Documentation: - Maintain accurate records and documentation of IFRS9 compliance processes and methodologies.

· Ad Hoc Analysis: - Perform ad hoc data analysis and research to support portfolio & model risk management initiatives.

· Functional assistance to the Retail PAU team; Decision analytics - NCL, roll rates, slippage, vintage, rural business analytics.

Secondary Responsibilities:

· Portfolio Report.

· Internal RAF Compliances

· Ensuring Review of Bank wide policies for RMC, Policy / Manual review; making amendments based on 6. senior management discussions and RBI requirements/circulars; Notes

· RBS - DCT reporting including data gathering and variance analysis.

· Ad hoc RBI / Internal Audit / Statutory Audits / Queries

· Annual RBI Indent Requirements.

· Key data source identification and access (SFDC, IDP, original bank source DB)

Managerial and Leadership Responsibilities:

Attract best talent in the team and manage attrition. Leads the team in spreading awareness amongst business teams regarding regulatory requirements / changes. Training and cross functional knowledge sessions.