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Location: 

New York, NY, US

Impairment Analyst Asset Management Finance

About Swiss Re

 

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.

 

 

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.

 

About the Team

We, the Asset Management (AM) Finance team, lead and facilitate all financial matters related to the Group’s investments, including cost controlling, performance reporting, financial planning & analysis, product control and pricing & valuation.  With members located in Zurich, New York, London and Bratislava, we are a global team providing support for a broad-based investment portfolio.

 

About the Role

Within our team, your primary responsibility is to help support the running of the Expect Credit Loss (ECL) process under IFRS 9. The Impairment analyst will be responsible for the monitoring, testing and governance of ECL results, including understanding, interpreting, and challenging model results.

 

Key Responsibilities:

  • Implementation and ongoing improvement of reporting and analytics tools that speak to the primary drivers of the impairment results
  • Act as a central coordinator of the ECL process by with cross functional teams to ensure timely delivery of data and process enhancements as warranted
  • Prepare reporting packages for reserving committees and senior management in support of the results
  • Support model and methodology enhancement initiatives around PDs and LGDs for ECL calculations
  • Assist in developing process and procedural documentation
  • Support quarterly governance meetings, ensuring timely submissions of meeting materials and documentation of meeting minutes
  • Work with auditors to demonstrate governance around the ECL calculation process

 

About You

  • University degree in Finance, Economics, Accounting or Business
  • Minimum 3 years relevant experience
  • Strong analytical skills, both quantitative and qualitative
  • Sound understanding of credit markets, with specific product knowledge across sovereign and corporate bonds, loans, and securitized instruments
  • Knowledge of default drivers, credit rating, and probability of default (PD), loss given default (LGD) and exposure at default (EAD) methodologies a plus
  • Familiarity with key loss reserving accounting concepts under IFRS
  • Understanding of basic statistical and modelling concepts, experience in forecasting, econometrics, and macroeconomic statistical analysis a plus
  • Exposure to scenario design and severity, or stress testing (e.g., CCAR, ECL and/or CECL) a plus
  • Strong collaboration s, ability to work in agile environment and collaborate with cross function teams
  • Ability to translate technical topics, providing insights for non-expert consumers


Keywords:  
Reference Code: 113450 

 


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Nearest Secondary Market: New York City

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