Description
My client, a leading Financial Institution is looking for a modelling focused qualified accountant to come onboard and be a key member of the Finance team which is responsible for managing the PPI provision. The job holder will develop a thorough understanding of the PPI provision model and assumptions in order to support the quarterly assessment of the provision, scenario analysis and business decisions. It is a high profile role with significant opportunity for exposure to senior management in the business and Finance as well as the opportunity to develop a wide range of skills, provides an excellent platform for career development.
Responsibilities:
- Interrogating and understanding the provision model complexities and requirements
- Becoming a subject matter expert on the provision calculation methodologies
- Updating and tracking provision assumptions and drivers and understanding their impact as part of the quarterly provision reviews
- Running modelling scenarios around the provision including for capital adequacy purposes
- Calculating and assessing PPI provision allocations for the various legal entities
- Providing technical expertise and knowledge to the rest of the Finance team around the provision and its drivers
- Statistical modelling
- Interrogating current processes, identifying and implementing improvements
Requirements
- Qualified accountant
- Advanced Excel and modelling, analytical, Access and VBA skills
- Advanced statistical modelling and statistical analysis skills
- Knowledge of the Financial Services industry and in particular Retail Banking products and services