We are looking for an experienced Functional Analyst with strong IFRS 9 expertise to support a large-scale IFRS 9 migration programme within a leading financial institution. The role involves analysing and redesigning processes, supporting the migration of IFRS 9 data and calculation platforms, and acting as a key contributor throughout the implementation lifecycle.
Key Responsibilities
Responsibilities
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Lead functional analysis activities within the IFRS 9 migration programme.
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Analyse and document business requirements related to IFRS 9, credit risk and Expected Credit Loss (ECL) calculations.
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Support the migration from legacy IFRS 9 platforms to a new target solution.
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Perform data analysis and data mapping between source and target environments.
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Translate business requirements into functional specifications and support technical design activities.
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Collaborate with business stakeholders, risk teams, finance teams and IT delivery teams.
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Work closely with software vendors and external consulting partners involved in the IFRS 9 solution landscape.
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Identify gaps, risks and dependencies within migration activities and recommend solutions.
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Support testing activities, including functional testing, integration testing and data validation.
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Provide guidance and leadership to less experienced analysts and project team members.
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Contribute to project planning, governance and implementation activities.
Requirements
Required Experience
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Minimum 10–15 years of experience as a Functional Analyst, Business Analyst or similar role within financial services.
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Proven experience working on IFRS 9 implementations, migrations or enhancements.
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Strong understanding of:
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IFRS 9 regulations and reporting requirements
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Expected Credit Loss (ECL) methodologies
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Credit risk management processes
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Banking data models and financial products
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Experience with large-scale transformation or migration projects in banking.
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Ability to work in complex stakeholder environments and drive requirements discussions.
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Demonstrated capability to lead workshops and provide direction within multidisciplinary teams.
Preferred Qualifications
Nice to have
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Experience with IFRS 9 calculation engines or vendor solutions used for ECL calculations.
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Knowledge of regulatory reporting and risk management frameworks within banking.
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Familiarity with data migration and data quality initiatives.
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Experience working in Agile delivery environments.
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Understanding of finance, accounting and risk domains within financial institutions.