Jobs in UAE - Assurance – OAS – Financial Services – Credit Risk – Senior Associate at PWC – UAE

Assurance – OAS – Financial Services – Credit Risk – Senior Associate at PWC –  UAE

Job Description:

• You will be required to support the growth in the business and future opportunities arising from the implementation of International Financial Reporting Standard (“IFRS”) 9 ‘Financial Instruments’.
• Managing accounting complexity and change specifically in the area of developing IFRS 9 compliant credit risk models (PD/LGD/EAD) and ECL calculation models;
• Supporting technical analysis and developing an area of financial instruments accounting (with a focus on credit risk model development) specialism where you’ll become the ‘subject matter expert’;
• Support in the application and interpretation of complex credit risk modelling standards and regulations, in particular IAS 39, IAS 32 and IFRS 9;
• Delivery of projects on GAAP changes and new and developing accounting standards with a focus on IFRS 9;
• Support business development and proposal activity with regard to accounting implementation projects, in particular IFRS 9;
• Improvements (including financial reporting, process improvements, support on developing financial accounting reporting manuals, procedures, training and other knowledge transfer support).

Job Requirements:

         Education:

• Bachelor’s degree or equivalent in relevant subject areas such as Accounting, Finance, Risk Management or equivalent

Relevant Experience:

• 3-5 years of relevant experience in credit risk modelling either in an assurance or advisory role preferably within a professional services environment

Technical Knowledge/ Skills/ Training required:

• The following qualification(s) are mandatory for the candidate to perform the role: ACA, ACCA, CPA or equivalent.  Qualified accountant / Qualified Credit Risk Modeller;
• The candidate will be achievement oriented with the ability to be flexible and adaptive on a daily basis.  They will be able to work independently and as part of a team with a fast pace and a high energy that will translate into a high quality output;
• In-depth understanding of financial instruments and credit risk management techniques and models.  Technical accounting knowledge of IFRS in general  and specific knowledge of IFRS 9 ECL modelling requirements;
• Ability to work as part of a wider team (e.g. work closely with the actuarial and consulting practices).  Strong interpersonal skills and general business acumen;
• Knowledge of the trends in the financial services sector;
• Strong attention to detail with good project management skills;
• Exposure to credit risk/ derivative/ hedge accounting;
• Strong interest and passion for developing skills in financial instruments accounting;
• Excellent organisational skills, having the ability to prioritise work load whilst being resilient and being able to cope well under pressure and meeting tight deadlines;
• Proven IT skills in the following programmes [excel, word, PowerPoint etc.
• Excellent communication skills (verbal and written) and report writing skills with the ability to convey complex issues in an understandable manner.  Fluent in English but multilingual Arabic speaker preferable;
• The ability and willingness to travel to other PwC offices in the Middle East and worldwide where the project dictates.

To Apply:
https://www.pwc.com/m1/en/careers/experienced-jobs/description.html?wdjobreqid=61983WD&wdcountry=ARE&wdjobsite=Global_Experienced_Careers

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