Senior Business Analyst

Job Description

Key Responsibilities:
●    Requirement Management & Documentation:
○    Act as a lead liaison with various business stakeholders (including Risk Partners, Finance, and Operations) to meticulously elicit, analyze, and document comprehensive business requirements.
○    Translate complex business needs into detailed specifications, creating clear and concise Business Requirement Documents (BRDs) and Functional Specification Documents (FSDs).
○    monitor criteria for Significant Increase in Credit Risk (SICR) to accurately classify financial instruments into Stages 1, 2, and 3, ensuring appropriate impairment recognition.
●    IFRS 9 ECL Production & Reporting:
○    Actively participate in the monthly/quarterly production and reporting of IFRS 9 Expected Credit Losses, including the calculation of 12-month and lifetime ECL.
○    Actively contribute to the development, validation, and comprehensive documentation of key IFRS 9 components, including PD (Probability of Default), LGD (Loss Given Default), and EAD (Exposure at Default) models.
●    NPA Management & Reporting:
○    Monitor and report on non-performing assets (Stage 3 loans), overseeing the transition of assets into default and ensuring adequate provision coverage in alignment with regulatory guidelines.
●    Data Governance & Analysis:
○    Extract, analyze, and validate large datasets from diverse upstream sources (e.g., loan origination systems, collateral management platforms) to ensure high data quality and integrity for ECL engine inputs and NPA reporting.
○    Incorporate and analyze macroeconomic scenarios (e.g., GDP growth, unemployment rates, property prices) into ECL calculations to reflect forward-looking information.
●    Stakeholder Engagement & Cross-functional Collaboration:
○    Collaborate effectively with Risk, Finance, Technology, and other cross-functional teams throughout the project lifecycle.
○    Present insightful analytical findings on portfolio quality, ECL movements, and NPA trends to diverse stakeholders, including risk management, finance, and senior leadership teams.
●    Testing & Validation:
○    Develop test plans, scenarios, and execute User Acceptance Testing (UAT) to ensure solutions meet business requirements and are fit for purpose.

Experience:
○    6-8 years of proven experience as a Business Analyst in Credit Risk, Risk Management, or Finance within the banking industry.
○    Demonstrable experience with IFRS 9 ECL and NPA management.
●    Domain Knowledge:
○    Strong understanding of IFRS 9 (Impairment Model), including Stage 1, 2, and 3 classification.
○    In-depth knowledge of NPA provisioning and comprehensive credit risk management principles.
●    Technical Skills:
○    SQL: Advanced proficiency in querying, extracting, and analyzing large datasets from relational databases.
○    Data Visualization: Hands-on experience with tools such as Tableau, Power BI, or similar for creating impactful risk dashboards and reports is desirable.
○    Modeling/Statistical Tools: Experience with SAS, Python, R, or VBA is highly desirable for data manipulation and model analysis.
○    Excel: Advanced Excel skills, including financial modeling, pivot tables, and VBA for complex analysis.
●    Analytical Mindset: Exceptional critical thinking, problem-solving, and quantitative analysis skills, with a proven ability to interpret and translate complex financial and risk data into actionable insights.
●    Communication: Excellent verbal and written communication skills, with the ability to articulate technical findings and complex risk concepts clearly and concisely to both technical and non-technical stakeholders.

Mandatory Competencies