Risk Analyst

1 day ago


Manchester, United Kingdom NatWest Full time
Impairment Assessment Analyst

We are seeking a highly skilled Impairment Assessment Analyst to join our team at NatWest. As an Impairment Assessment Analyst, you will play a critical role in supporting the evaluation and assurance of the adequacy of Expected Credit Loss (ECL) provisions held on balance sheets against the underlying risk of credit loss.

Key Responsibilities
  • Developing insight and analysis on the drivers of the monthly Impairment profit and loss charge, discussed with key stakeholders.
  • Executing key processes that interact with the automated ECL calculation within a strong control framework, including post-model adjustments, life-time risk of default, and manual write-offs.
  • Fulfilling the requirements of our agreed control processes, including IFRS9, SOX, and key control requirements.
  • Engaging openly with internal and external auditors.
  • Liaising with the risk community to ensure a good understanding of the ECL model inputs, with a view to identifying any modelling weaknesses that may require post-model adjustments.
Requirements
  • Highly numerate, preferably with an associated academic qualification.
  • Skilled and experienced in a risk or finance environment.
  • Data analytics experience, including credit risk management metrics and performance.
  • Good stakeholder management and communication skills, with experience of engaging and influencing colleagues in wider functions or disciplines.
  • Knowledge of risk management control frameworks, including SOX control processes relevant to credit risk management.

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