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Provision Senior Officer

Yoma Bank
Thanlyin | Yangon
  1 Post
Verified This Job has been Verified as
Real by the Company.
This Job has been Verified as
Real by the Company.
20 May 2022
Recruiter active1 day ago This Company is Actively
Hiring. Your CV will be Sent
Directly to the Company.
This Company is Actively
Hiring. Your CV will be Sent
Directly to the Company.
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Provision Senior Officer
Yoma Bank, Thanlyin | Yangon

Provision Senior Officer

Yoma Bank

Provision Senior Officer

Yoma Bank
Recruiter active1 day ago This Company is Actively
Hiring. Your CV will be Sent
Directly to the Company.
This Company is Actively
Hiring. Your CV will be Sent
Directly to the Company.
Myanmar - Yangon
Verified This Job has been Verified as
Real by the Company.

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 Great 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