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