AVP, Group Credit & Analytics Reporting
Reporting to the EVP, Chief Risk Officer, the AVP, Group Credit Analytics & Reporting will be responsible for leading a team of Credit Risk Analysts to develop, implement and maintain a group-wide platform for loan portfolio analysis and reporting. The role also involves the preparation and conveying of loan information used for financial statements and regulatory reporting.
Your responsibilities will include:
- Researching, recommending and implementing new analytical tools to facilitate querying, analysis, and automated report production.
- Meeting the reporting requirements of US GAAP, SEC and Sarbanes-Oxley for US publicly-listed companies in relation to loan processes and accounting.
- Maintaining a model for loan provisioning under an expected credit loss model (“CECL”) and providing reports based on a “loss given default” model, with in-depth sensitivity and trend analysis.
- Ensuring compliance with Basel III and other regulatory requirements.
- Providing insight on the ongoing development of MI data gathering and reporting methods to support management reports including the identification and tracking of existing and emerging credit risks with recommendations for mitigating solutions.
- Developing accurate data mining processes to ensure group loans and other credit exposures are properly monitored, measured and controlled.
- Maintaining advanced financial models and methodologies to stress test credit portfolios.
- Reporting of key risk indicators, including provisions and non-accrual loans.
- Identifying areas of risk and formulating reports for Senior Management.
- Managing the monthly collection, analysis and reporting of group loan data for Senior Management.
Your qualifications and skills include:
- Accounting or finance professional designation, with three years’ experience in financial services. Experience with a major accounting firm and financial services audit experience would be an asset.
- Post-secondary degree in Business, Commerce or equivalent.
- Expert knowledge of Microsoft Office products.
- Strong knowledge of Oracle Financial Suite of products, specifically Flexcube Core Banking System would be an asset
- Advanced understanding of accounting approaches for consumer and commercial debt.
- Exceptional numerical and analytical skills with the ability to summarise complex results efficiently and succinctly.
- Knowledge of data analysis tools including SQL, SAS, and other business intelligence and analysis software applications.
- Advanced knowledge of statistical techniques for loss forecasting, migration analysis, risk rating validation and regression building
- Ability to recognise incorrect or underdeveloped data sources and develop alternative solutions
- Ability to work with large databases and datasets
- Excellent presentation skills together with proven written and verbal communication skills.
- Excellent attention to detail
- Ability to meet the Bermuda Monetary Authority’s (BMA) enhanced reporting requirements and deliver reports in a timely manner.
Bermuda
Finance