Role details

Senior Project Manager - IFRS 9

Riyadh   •  Permanent

Bullet points

  • IFRS 9 implementation
  • Lead Accounting change

About Our Client

Large local bank

Job Description

The Senior Project Manager - IFRS 9 will be responsible for the following:

  • Work closely with the IFRS 9 project team and internal stakeholders (Finance and Risk) to achieve successful implementation for the bank within defined timelines
  • Identify specific local interpretation or requirements especially for Islamic projects that might deviate or be in addition to IFRS 9 Group/MENA approach
  • Conduct monthly IFRS 9 steering committee meeting and ensure project plan and related packs are updated and circulated.
  • Conduct monthly IFRS 9 working group meetings and ensure that all high risk issues are promptly identified and escalated to steering committee where necessary.
  • Work closely with Risk project manager to understand the progress of impairment work stream and compile progress update for IFRS 9 steering committee
  • Be part of the SAMA IFRS 9 working group and ensure all queries and reporting requirements posed by the local regulatory authorities are adequately addressed with satisfactory responses
  • Provide guidance and communication on IFRS 9 project implementation progress for the bank
  • Be the point of contact for Finance for IFRS 9 related queries and manage impairment related queries through the Risk project manager
  • Compile business models for Global markets, Global banking, Retail and Wealth management, Commercial banking and Islamic banking as required under IFRS 9
  • Perform SPPI test for Bank's products to ensure correct classification in line with business model requirements.
  • Champion the awareness of IFRS 9 in respective product areas

The Successful Applicant

The Senior Project Manager - IFRS 9 must have the following:

  • Strong understanding of IFRS including IFRS 9
  • Member of recognised institute of professional accountants (ACA, ACCA, CPA etc)
  • Project Management and business analysis experience

What's on Offer

Competitive offer

Apply for this job

Click the Apply or LinkedIn button below or contact Margarita Mitsinga on +974 441 33500 quoting job reference 21658
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