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Provision Senior Officer

Yoma Bank
Thanlyin | Yangon
Verified This job has been verified by the company as a real job vacancy.
20 May 2022
Recruiter active 2 days ago The recruiter at this company was last active reviewing applications.
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Provision Senior Officer
Yoma Bank, Thanlyin | Yangon

Provision Senior Officer

Yoma Bank

Provision Senior Officer

Yoma Bank
Recruiter active 2 days ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Verified This job has been verified by the company as a real job vacancy.

Experience level

Experienced Non-Manager

Job Function

Legal, Risk and Compliance

Job Industry

Banking/ Insurance/ Microfinance

Min Education Level

Bachelor Degree

Job Type

Full Time

Job Description

A Fantastic Opportunity for ...

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Process the monthly provision by ensuring completeness & accuracy, in accordance with the Bank’s provision methodology
  • Perform sanity check on the provision numbers generated
  • Perform manual adjustment / work around solutions in the event there is distortion in the provision numbers generated
  • Understand nature of products and incorporate new products/models into provision calculation
  • Liaise with Branch Network and Business to obtain update valuation data for accurate shortfall for provision calculation
  • Support Financial Control team for timely and accurate booking of provision in the Core Banking System
  • Support senior management and stakeholders with the provision numbers for internal management reporting, regulatory reporting, analysis and forecasting of provisions numbers and ad-hoc requests

Open To

Male/Female

Job Requirements

QUALIFICATIONS REQUIRED

Experience

  • At least (2) years of experience in Banking or Financial Institutions and related field, or relevant experience in accounting and provisioning. (Lesser experience will be considered officer position)

Knowledge & Skills

Essential

  • Familiar with accounting principles and operations
  • Intermediate to Advance knowledge of Microsoft Office
  • Good analytical skills and good with numbers
  • Strong work ethic
  • Good communication skills, in both verbal and written
  • Maintain high level of professionalism
  • Willingness to learn and develop

Preferred

  • Knowledge on IFRS 9 and Expect Credit Loss model

Education & Special Training

  • Bachelor or equivalent degree in math, accounting, banking & finance or a related area
  • Undergraduate with strong accounting knowledge will be considered

Languages

  • Good in verbal and written communication for both Burmese & English

 

What We Can Offer

Benefits

Rewards for over performance

Highlights

Fun Working Environment

Career Opportunities

Training Provided
Management Potential