IFRS 9 Specialist

Nefcorp; Sandton; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial services company in Gauteng seeks an IFRS 9 Specialist to manage the development and compliance of IFRS 9 impairment models. You will collaborate with various teams to ensure accurate financial reporting and support audits. The ideal candidate will have 3-5 years of experience in IFRS 9, strong analytical skills, and a relevant degree. Join us to make a significant impact in a dynamic environment.

Qualifications

• 3–5 years of experience in IFRS 9 model development.
• Experience in financial services or banking environments.

Responsibilities

• Oversee development and implementation of IFRS 9 models.
• Prepare detailed IFRS 9 reports and disclosures.
• Conduct impact assessments on ECL calculations.

Skills

Communication

Analytical Skills

Project Management

Problem Solving

Education

Bachelor’s degree in Accounting

BCom Honours

Tools

Excel

Job description

The IFRS 9 Specialist will be responsible for overseeing the development, implementation, monitoring, and reporting of IFRS 9 impairment models and policies. The role will ensure compliance with accounting standards, manage model governance, and support accurate financial reporting.

• Develop, implement, and maintain IFRS 9 models, methodologies, and processes for impairment calculation.
• Perform regular reviews and recalibrations of IFRS 9 models to ensure their validity and compliance with evolving standards and regulations.
• Provide technical accounting expertise on IFRS 9 and its application to new and existing products, transactions, and business developments.
• Lead or support the design and execution of model validation, back-testing, and governance processes.
• Work closely with Finance, Risk, Credit, and IT teams to source and verify the data required for model inputs and outputs.
• Prepare and deliver detailed IFRS 9 reports, disclosures, and audit documentation.
• Conduct impact assessments of any changes in business activities or credit risk parameters on ECL calculations.
• Provide technical training and guidance to internal stakeholders on IFRS 9 processes and interpretations.
• Monitor regulatory developments and ensure ongoing compliance with accounting and risk management standards.
• Support internal and external audits and regulatory reviews related to IFRS 9 reporting.

Experience / Skills Required

• 3–5 years of experience working with IFRS 9 model development, validation, or implementation.
• Solid experience in financial services, banking, or credit risk management environments.
• Experience in preparing financial reports in compliance with IFRS standards.
• Advanced Excel skills

Qualification Requirements

• Bachelor’s degree in Accounting, Finance, Actuarial Science, Risk Management, or related field
• BCom Honours or equivalent postgraduate qualification would be advantageous.
• Professional certifications such as CA(SA), CIMA, ACCA, CFA, FRM would be advantageous.

Personal Attributes/Behaviours/Attitudes

• Good Communication Skills
• Analysis and attention to detail
• Networking Skills
• Customer Service Orientation
• Self-Motivated and Self driven
• Coping with pressures and setbacks
• Negotiating and Influencing
• Interpersonal skills
• Strong analytical, quantitative, and problem-solving skills.
• Report Writing Skills
• Project Management Skills
• Strong Analytical Skills
• Planning and Organising
• Consulting / Advising
• Presentation and Facilitation
• Verbal and Written Communication

The NEF is committed to the Employment Equity Act, and as such, the NEF will give preference to candidates from designated groups in terms of the EE Act and persons with disabilities.