We are looking for an experienced Functional Analyst with strong IFRS 9 expertise to support a large-scale IFRS 9 migration programme within a leading financial institution. The role involves analysing and redesigning processes, supporting the migration of IFRS 9 data and calculation platforms, and acting as a key contributor throughout the implementation lifecycle.
Key Responsibilities
-
Lead functional analysis activities within the IFRS 9 migration programme.
-
Analyse and document business requirements related to IFRS 9, credit risk and Expected Credit Loss (ECL) calculations.
-
Support the migration from legacy IFRS 9 platforms to a new target solution.
-
Perform data analysis and data mapping between source and target environments.
-
Translate business requirements into functional specifications and support technical design activities.
-
Collaborate with business stakeholders, risk teams, finance teams and IT delivery teams.
-
Work closely with software vendors and external consulting partners involved in the IFRS 9 solution landscape.
-
Identify gaps, risks and dependencies within migration activities and recommend solutions.
-
Support testing activities, including functional testing, integration testing and data validation.
-
Provide guidance and leadership to less experienced analysts and project team members.
-
Contribute to project planning, governance and implementation activities.
Requirements
Required Experience
-
Minimum 10–15 years of experience as a Functional Analyst, Business Analyst or similar role within financial services.
-
Proven experience working on IFRS 9 implementations, migrations or enhancements.
-
Strong understanding of:
-
IFRS 9 regulations and reporting requirements
-
Expected Credit Loss (ECL) methodologies
-
Credit risk management processes
-
Banking data models and financial products
-
Experience with large-scale transformation or migration projects in banking.
-
Ability to work in complex stakeholder environments and drive requirements discussions.
-
Demonstrated capability to lead workshops and provide direction within multidisciplinary teams.
Preferred Qualifications
-
Experience with IFRS 9 calculation engines or vendor solutions used for ECL calculations.
-
Knowledge of regulatory reporting and risk management frameworks within banking.
-
Familiarity with data migration and data quality initiatives.
-
Experience working in Agile delivery environments.
-
Understanding of finance, accounting and risk domains within financial institutions.
