ECL Model Valuation Specialist
We are seeking a highly skilled ECL Model Valuation Specialist to join our team. The ideal candidate will have a strong background in financial modelling, risk management, and credit analysis. This role involves developing, validating, and maintaining ECL models to ensure accurate and reliable credit loss forecasting.
Your new role
- Develop and implement ECL models in accordance with IFRS 9 standards.
- Conduct regular validation and back-testing of ECL models to ensure accuracy and reliability.
- Analyse and interpret model outputs, providing insights and recommendations to senior management.
- Collaborate with risk management, finance, and IT teams to integrate ECL models into the broader risk management framework.
- Monitor and report on model performance, identifying areas for improvement and implementing necessary changes.
- Stay updated with regulatory changes and industry best practices related to ECL modelling and valuation.
- Prepare detailed documentation and reports on model development, validation, and performance.
What you'll need to succeed
- Bachelor's degree in Finance, Economics, Statistics, or a related field; advanced degree preferred.
- Proven experience in financial modelling, credit risk analysis, and ECL model development.
- Strong understanding of IFRS 9 standards and regulatory requirements.
- Proficiency in statistical software and programming languages (e.g., SAS, R, Python).
- Excellent analytical, problem-solving, and communication skills.
- Ability to work collaboratively in a team environment and manage multiple projects simultaneously.
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV to rowina.lo@hays.com.hk
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your career.
