Credit Risk Manager

Job Title: Credit Risk Impairment Manager (IFRS 9) Location: London Based - Onsite 3 days a week Job Type : Contract until the end of the year Industry: Banking / Financial Services Job Function: Finance | Risk Management | Accounting/Auditing Role Purpose The Credit Risk Impairment Manager is part of the Credit Risk Provision and Forecasting team and is responsible for the production, reporting, and analysis of IFRS 9 impairment actuals for Retail and Corporate portfolios . This role focuses on end-to-end ownership of monthly impairment results , including data integrity, model output review, post-model adjustments, governance submissions, management information (MI), and analytical insight.

Key Responsibilities IFRS 9 Actuals Production & Reporting Own the monthly IFRS 9 impairment production cycle , ensuring accurate and timely delivery of impairment results. Review and challenge IFRS 9 model outputs , movements, and key drivers of impairment actuals. Maintain and enhance Post-Model Adjustments (PMAs) , including governance, documentation, and justification. Ensure results are reconciled and aligned with Finance during month-end, half-year, and year-end close . Analytics, MI & Insight Develop and maintain impairment MI, dashboards, and analytical reporting . Provide quantitative and qualitative commentary explaining movements in ECL, staging, coverage, and key risk drivers. Conduct deep-dive analysis into portfolio performance, credit quality, and impairment volatility. Deliver outputs suitable for senior management and risk governance forums . Governance, Audit & Control Lead preparation of materials for Impairment Forums and senior risk committees . Act as a key contact for internal and external audit . Maintain robust controls, checks, and documentation across the IFRS 9 production process. Ensure adherence to IFRS 9 accounting standards and internal policies . Stakeholder Management Collaborate with Finance, Portfolio Management, Collections, and Risk teams . Provide clear explanations of impairment results and key judgements to senior stakeholders . What You’ll Bring Strong experience in IFRS 9 impairment production and reporting within Credit Risk or Finance. Deep understanding of IFRS 9 methodologies, staging, and Expected Credit Loss (ECL) . Strong SAS and Excel skills . Ability to explain complex impairment outcomes to senior stakeholders . Strong risk, governance, and control mindset . Preferred Qualifications Experience in banking or financial services . Knowledge of credit risk modelling or portfolio analytics . Experience working with risk governance committees or regulatory reporting .