Credit Modeller II - IFRS 9 ECL

About the role

MCB is hiring a Credit Modeller II in its Risk Strategic Business Unit (SBU), which governs the Expected Credit Loss (ECL) impairment framework under IFRS 9, including Risk Monitoring Committee and regulatory reporting. The role supports the bank's IFRS 9 ECL calculations, analysis and reporting, and contributes to management, statutory and regulatory reporting and audit responses.

Key responsibilities

• Apply in-depth knowledge of IFRS 9 requirements and policies, identify gaps in implementation and support remediation measures
• Perform quarterly ECL calculations for MCB Ltd, reconcile and validate results with the Senior Credit Modeller before communicating provisions to the Team Leader
• Assist in implementing and monitoring the credit rating framework and the assessment of Significant Increase in Credit Risk (SICR) under IFRS 9, and integrate it into the SICR process
• Support identification, calculation and monitoring of post-model adjustments and management overlays
• Prepare ECL reports and analytical materials for management, the Risk Monitoring Committee and regulators
• Support ECL model assessments and recalibration for MCB and its subsidiaries
• Support internal and external audits by preparing evidence, performing analyses and answering technical queries, and produce audit-ready documentation of methods and assumptions
• Run stress tests on approved scenarios and analyse their impact on credit-risk parameters and ECL
• Liaise with Finance, Credit Risk, IT and business lines on data, methodology and reporting issues
• Automate recurring ECL calculations and controls, and build Power BI dashboards and analytical tools
• Stay up to date with IFRS 9, regulatory policies and industry practice

Required profile

• Bachelor's or Master's degree in Accounting, Finance, Risk Management or a related quantitative field
• 3-4 years' experience in IFRS 9 ECL reporting for Finance, Risk or Audit within banking or financial institutions
• In-depth understanding of IFRS 9 impairment standards, ECL parameters (probability of default, loss given default, exposure at default, staging, SICR)
• Ability to handle complex, large volumes of information, learn through experimentation and make timely decisions

Required skills

• Proficiency in SQL or SAS for data analysis
• Advanced Excel
• Advantageous: Big Four audit experience with ECL models, Power BI dashboard creation, ACCA/CFA/FRM certification

Candidates must submit a complete online application with a CV, a certificate of character issued within three months and two professional references; applications close on 30 November 2026.