Senior Manager, Basel & Provision

AmBank; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading banking group in Malaysia is seeking a skilled financial analyst to support provisioning processes and ensure accurate computations related to credit risk weighted assets. Ideal candidates will have a degree in finance, extensive experience in banking, and strong skills in risk analysis, particularly in Basel compliance and MFRS9. Join a dynamic team focused on delivering excellence in financial operations.

Qualifications

• Minimum 5 years experience in Banking/Finance.
• Knowledge of MFRS9 ECL and accounting principles.
• Basel IRB CRWA analytics experience is a plus.

Responsibilities

• Review and support provisioning process for Basel compliance.
• Analyze credit risk weighted assets (CRWA) and provide management reporting.
• Lead and train support staff in technical areas.

Skills

Excel

Macro programming

SQL

SAS

Credit risk modeling

Education

Degree holder (Second Class Upper or CGPA 3.0 and above)

Job description

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Process and review the monthly provision by ensuring completeness & accurate.

Support senior management and stakeholders with the provision numbers for internal management reporting, regulatory reporting, published financial statement, analysis and simulation of provisions numbers and ad-hoc requests.

Periodically review the provisioning process to ensure identify gaps are closed and manual process are enhanced for automation.

Provide provisioning Operation & Production Support.Analyze the risk drivers that cause the movement of Credit Risk Weighted Assets.

Support senior management and stakeholders with CRWA, PD & LGD for internal management reporting and ad-hoc requests.

To participate in the impending Basel III SA & IRB implementation projects.

Ensure accurate and timely provisions & credit risk weighted assets (CRWA) computation for the Group.

Provide business support and advice on identification of provision change impact and work with business to evaluate cost / benefit options.

Work with Business on the ECL Overlay & ECL simulation requests

Work with business support to identify appropriate data sources and input points to ECL calculator.

Work with IT to enable data links from data sources, develop UAT scripts, UAT testing and sign-off.

Understand nature of new product and map product risk and incorporating new products/models into the ECL & RWA calculators.

Perform sanity check on the provision numbers generated.

Perform manual adjustment / work around solutions in the event there is distortion in the provision numbers generated.

Lead team to work with own dept team & IT to enable data links from data sources to automate gaps identified.

Prepare management reporting for Basel II credit risk weighted assets and ECL summary data reports

Leading and training technical support staff and junior members.

Job Requirements:-

Degree holder with a minimum grade of Second Class Upper, or a CGPA score of 3.0 and above and operations.

At least 5 years experience in Banking/Finance related field and familiar with non-retail banking products.

Has knowledge on MFRS9 ECL and familiar with accounting principles and operations

Good command of Excel, Macro programming, SQL & SAS.

Has knowledge in Basel and understand the risk components of PD, EAD, LGD and Credit RWA.

Knowledge in credit risk modelling will be an added-advantage

Basel IRB CRWA analytics experience and ECL production support background.

Unlock job insights

Salary match Number of applicants Skills match

Banking & Financial Services More than 10,000 employees

Established in August 1975, AmBank Group is one of the largest banking groups in Malaysia by market capitalization and comprises AMMB Holdings Berhad and its subsidiaries:

At AmBank Group, our people are the reason for our achievements today.

We believe in diversity and creativity. We look for energy, deep passion and an unwavering drive to excel. We want motivated, agile and ambitious young individuals to join us in building a first-class team to deliver excellence within a dynamic and results-oriented environment.

Adding greater value to this one-stop financial hub is the Group’s strategic partnership with Australia and New Zealand Banking Group Ltd (ANZ), one of Australia’s leading financial institutions, International Assurance Group (IAG) and MetLife, Inc. providing the synergy of a wide network, regional presence, and international banking and financial services expertise.

Established in August 1975, AmBank Group is one of the largest banking groups in Malaysia by market capitalization and comprises AMMB Holdings Berhad and its subsidiaries:

At AmBank Group, our people are the reason for our achievements today.

We believe in diversity and creativity. We look for energy, deep passion and an unwavering drive to excel. We want motivated, agile and ambitious young individuals to join us in building a first-class team to deliver excellence within a dynamic and results-oriented environment.

Adding greater value to this one-stop financial hub is the Group’s strategic partnership with Australia and New Zealand Banking Group Ltd (ANZ), one of Australia’s leading financial institutions, International Assurance Group (IAG) and MetLife, Inc. providing the synergy of a wide network, regional presence, and international banking and financial services expertise.