Unit Head - IFRS 9 & Fair Valuations (AVP / VP) - TJ / 1903596

National Bank of Pakistan, one of the largest and most reputable financial institutions in the country, is seeking a skilled and experienced professional for the position of Unit Head - IFRS 9 & Fair Valuations (AVP / VP) based in Karachi. The bank is committed to supporting the nation’s financial well-being and fostering sustainable growth through its extensive local and international network. This role is integral to the Financial Control function, contributing to the bank’s transformation into a future-ready, agile, and sustainable organization.

Key Responsibilities:
- Manage and oversee the monthly, quarterly, semi-annual, and annual production of IFRS 9 Expected Credit Loss (ECL) calculations using approved models.
- Provide insightful analytical commentary and reports to Senior Management to support informed decision-making and appropriate management judgment regarding ECL calculations.
- Develop, enhance, and recalibrate IFRS 9 ECL models, including Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), macroeconomic scenarios, interest rates, and other relevant parameters.
- Improve IFRS 9 model monitoring and management information systems to assess the impact of new and complex products and investments.
- Ensure accurate preparation of account movements, reconciliations, reports, annual disclosures, and accounting entries in compliance with IFRS 9 and applicable financial reporting standards.
- Maintain compliance with all regulatory and reporting requirements related to IFRS 9.
- Provide training and technical guidance to Risk team members and other relevant staff on IFRS 9 and related risk management activities.
- Perform additional assignments as directed by supervisors.

Required Qualifications:
- Minimum graduation or equivalent degree from a university, college, or institute recognized by the Higher Education Commission (HEC) of Pakistan.
- Preferred academic background includes a Bachelor’s or Master’s degree in Statistics, Mathematics, Actuarial Sciences, Computational Finance, Data Sciences, or other relevant professional qualifications.
- At least 6 years of experience in financial reporting and/or risk management within a financial institution, audit firm, or related environment, including a minimum of 2 years specifically handling IFRS 9 assignments and reporting.

Skills and Expertise:
- Strong data mining and analytical skills with the ability to manage and interpret large volumes of data effectively.
- Sound understanding of credit risk concepts including Exposure at Default, Probability of Default, Loss Given Default, and Expected Credit Loss calculation methodologies, along with credit policy frameworks.
- Proficiency in open-source programming and data analytics tools such as Python, Power BI, SQL, and advanced MS Excel.
- Excellent communication skills with a detail-oriented approach and high accuracy in work deliverables.

Employment Details:
This position is based in Karachi and will be offered on a contractual basis for three years, with the possibility of renewal at the management’s discretion. The compensation package and benefits will align with the bank’s policies and standards.

Only candidates who meet the eligibility criteria will be shortlisted and invited for panel interviews. National Bank of Pakistan is an equal opportunity employer and encourages applications from all qualified individuals regardless of gender, religion, or disability.

Applications must be submitted within 10 working days from the date of the job posting. Late applications will not be considered, and no travel allowance or daily allowance will be provided for interview attendance.