Associate Director, Risk Measurement, Wealth and Retail Banking

• This position is for a Senior Manager with a degree in a quantitative discipline. It requires 5-9 years of experience in the areas of Credit Risk Management applied across retail portfolios. The candidate will take full responsibility for the timely delivery of loss forecasting, Expected Credit Loss (ECL) analytics, policy and governance, and portfolio risk. This role involves working closely with various teams across the organization to ensure accurate forecasting, comprehensive risk assessments, and adherence to regulatory requirements

• Develop an excellent understanding of the Loan Impairment (LI) processes, including LI (and its components) forecasting, technology, and methodologies used.
• Demonstrate a deep understanding of the ECL/IFRS9 provisioning process.
• Deliver comprehensive IFRS9-based ECL and LI analytical support to country and regional WRB stakeholders, encompassing Risk functions, Business teams, and segment leaders. Conduct deep-dive analyses to identify and articulate key drivers, providing strategic insights for risk appetite and business strategy.
• Conduct and review quarterly forecasts of WRB Loan Impairment (LI), including Corporate Plan forecasts, in collaboration with Group, Country Business, and Finance teams.
• Review and report the month-to-date (MTD) outlook of Loan Impairment against actuals and explain the variances.
• Work closely with Country/Regional Finance, Collections, and CRM teams to identify potential risks and opportunities (R&O) within the outlook.
• Take end-to-end ownership of Monthly Business Reviews (MBR), Group Performance Reviews (GPR), and other associated portfolio quality MI reports.

• Review and challenge ECL adequacy and decide on management overlays for all WRB portfolios.
• Review the existing ECL framework and design new ECL methodologies for newly launched products and digital lending.
• Actively collaborate with Finance and Climate Risk Teams during Group, Regional and Local stress test activities. Provide business insights and portfolio nuances required to evaluate and to propose adjustment on stress test results. Review and comment stress test outcome. Participate in unstructured questionnaire response submission.
• Review and evaluate existing stress test methodologies and identify need to update / upgrade existing approaches to fulfil specific local or regional regulatory requirements.

• Understand new regulations (IFRS 9, Stress Testing, Basel III/IV), perform gap analyses, and determine WRB Risk actions.
• Work with Country CRMs and CRM CoE in preparation of PQRs, Portfolio summary reports, CCH and CCO review materials and other contents for stakeholders

• Bachelor's degree in engineering, finance, Economics, Statistics, or a related field.
• 5-9 years of experience in loss forecasting, ECL analytics, risk management, or a related area.
• Strong analytical skills and attention to detail.
• Proficiency in data analysis tools and software (e.g., Excel, SAS, Python, SQL, Tableau).
• Understanding of IFRS 9, Basel III/IV, and other relevant regulatory frameworks.
• Excellent communication and presentation skills.
• Ability to work collaboratively with cross-functional teams.
• Strong problem-solving skills and the ability to think critically.

• Familiarity with stress testing frameworks and methodologies.
• Advanced degree (MBA, MS) or relevant certifications (CFA, FRM

• Statistics
• English
• Communication
• Team leader
• IFRS9
• Expected Credit Losses

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

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