Responsibilities

Financial Instrument Accounting & Modelling

• Align EIR and Fair Value accounting methodologies across the Group in line with integration plans.
• Own and manage EIR modelling, CPR modelling, and fair value accounting, ensuring accuracy, governance, and compliance.
• Process and validate raw data before ingestion into financial models.
• Define and execute modelling assumptions, ensuring alignment with policies and governance.
• Provide final month-end outputs for Finance Control and General Ledger updates to aid smooth month end closure.
• Conduct sensitivity analysis for external financial reporting.
• Monitor and report on EIR trends related to Group balance sheets (CCFS and OSB).

Governance, Compliance & Reporting

• Maintain and develop EIR models in line with accounting standards.
• Establish robust control frameworks around accounting models and input/output data.
• Ensure effective EUDA (End User Developed Applications) controls are in place.
• Prepare and present committee papers for assumption or policy changes.
• Lead reporting to Asset and Liabilities Committee (ALCO) and Group Audit Committee, providing key insights on lending balances and associated risks.

Team Leadership & Stakeholder Collaboration

• Manage the day-to-day BAU including task allocation to team members and monitor progress
• Ensure direct reports are trained and up to date on modelling procedures.
• Work closely with Financial Planning and Capital Markets teams to ensure consistency in EIR and Fair Value modelling.
• Engage openly with Internal and External Auditors, addressing findings and implementing improvements.
• Performance management including SMART objective setting for direct report and monitor progress through regular one on one
• Provide impact analysis and bespoke modelling scenarios for ongoing projects and regulatory reviews.

Risk & Compliance

• Identify and assess business risks arising from EIR and CPR movements.
• Ensure compliance with Risk Management and Data Governance policies.
• Complete all mandatory training modules and attestations to maintain company compliance standards.

PERSON SPECIFICATION:

Manager - Accounting Models - India

Applicants must be able to demonstrate the following skills, competencies and experience:

• Excellent IT Skills in the advanced use of Microsoft Word/Excel are essential
• Excellent VBA skills are desirable
• WPS / SAS / sequel coding is essential.
• Excellent verbal communication skills are essential
• Good written communication skills
• Good organisational skills and attention to detail
• Ability to manage conflicting priorities
• A willingness to learn, voice ideas and take responsibility for outputs

Experience

• 5 years previous experience of working in a Financial Services industry especially within modelling, reporting function or any function working with big data is essential
• 3 years previous experience in a role related to financial model design, build, maintenance (including EUDA controls) and execution
• 5 years previous experience of working in an accounting function is essential
• 2 years’ experience of managing audit requests is essential
• 2 years’ experience of EIR and Fair Value accounting processes is desirable
• Prior experience of working in Global Delivery Centre is preferred.