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.
Skills Required
- 10-15 years experience as a Functional Analyst, Business Analyst or similar in financial services
- Proven experience with IFRS 9 implementations, migrations or enhancements
- Strong understanding of IFRS 9 regulations and reporting requirements
- Strong understanding of Expected Credit Loss (ECL) methodologies
- Strong understanding of credit risk management processes
- Knowledge of banking data models and financial products
- Experience with large-scale transformation or migration projects in banking
- Ability to work with complex stakeholders and lead workshops
- Experience supporting functional, integration testing and data validation
- Experience with IFRS 9 calculation engines or vendor ECL solutions
- Familiarity with data migration and data quality initiatives
- Experience working in Agile delivery environments
- Knowledge of regulatory reporting and risk management frameworks in banking
- Understanding of finance, accounting and risk domains within financial institutions
What We Do
AGAD Technology | We Step Up Together Toward Embedded Excellence ✨ With headquarters in Brussels and a site in Cairo, we offer a global presence that allows us to understand the unique needs of businesses in different regions. Our team of experts is well-versed in the cultural nuances and business practices of diverse markets, enabling us to deliver bespoke solutions tailored to your specific requirements. At AGAD Technology, our mission is to provide you with the highest quality service at competitive rates. We stay at the forefront of the rapidly changing embedded reliant industries to ensure that our solutions are up-to-date and relevant. Your satisfaction is always our top priority. We partner with a wide range of companies, from startups and SMEs to large enterprises, across various industries such as healthcare, automotive, and telecommunications. Our goal is to provide tailored solutions that meet your unique needs and drive your success. Our services encompass talent solutions, embedded system development, software testing solutions, process audit and improvement, agile coaching, and CICD solutions. We offer a comprehensive range of services to support your projects and help you achieve your goals. When you choose AGAD Technology, you gain access to our global talent pool, unique and diverse profiles, and scalable solutions. We guarantee a maximum 6-week turnaround time and a free technical consultation to ensure we meet and exceed your expectations. Contact us now to explore how AGAD Technology can help accelerate your success. We Step Up Together !
