Assistant Manager, Financial Provisioning
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Assistant Manager, Financial Provisioning
Create the future with Affin! You too can make a difference.
We continuously innovate to transform our financial services landscape - making banking better and easier. Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. You too can make a difference.
Job Purpose
Accountabilities
Job Requirements
We continuously innovate to transform our financial services landscape - making banking better and easier. Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. You too can make a difference.
Job Purpose
- Ensure accuracy of IA computation and timely reporting.
- Ensure that all queries by supervisor, customers and auditors are attended in timely manner.
Accountabilities
- Prepare monthly Individual Impairment Assessment (IA) computation and ensure timely completion and accuracy of IA provision for upload to the MFRS9 system to generate the expected credit loss reports
- Liaison with the business divisions on the projected cash flow for IA account, review the cash flow and ensure the proper sign-off on IA by the respective heads of business division.
- Assist to extract MFRS 9 output and reports such as T2 and T4 ECL listing reports, general ledger and management reports, MIP, Cash Flow, SICR analysis.
- Assist in the ECL computation checking
- Prepare Individual Impairment Assessment (IA) as requested by Business for simulation purposes.
- Prepare the computation for gain/loss on modified loan/financing due to reschedule and restructuring for audit purpose.
- Compute the recovery cost assessment for annual audit purpose.
- To communicate with IT support on the UAT batch run to facilitate the ECL simulation.
- BNM report monitoring.
- Participate in MFRS 9 Disaster Recovery testing.
- Ensure proper safekeeping of documents within MFRS 9 unit.
- Assist in UAT testing such as system implementation / enhancement.
- Queries relating to MFRS9 and IA matters are responded on timely basis.
- Engagement and interaction with DXC IT Vendor, Business Division, Finance team, etc
- Administrative coordinator for most of Financial Provisioning matter.
Job Requirements
- Degree in Accountancy
- Good command of Excel and SAS
- Knowledge in MFRS9 ECL will be added-advantage
Job ID JR101730