Senior Consultant – IFRS 9 Impairment & Hedge Accounting

Prometeia (Istanbul, Turkey) Follow 20 days ago

Are you curious and ready to accept a new challenge in your career? Are you eager to join a dynamic company and bring innovation through your work and skills?
Prometeia offers you opportunities for growth and training in a Group with over 1000 professionals working for more than 500 clients in 20 countries around the world.

Senior Consultant – IFRS 9 Impairment & Hedge Accounting

EXPERIENCE:
Ideal applicants should have development experience in the following key areas of IFRS 9 Impairment and Hedge Accounting. In this role, you will be responsible for overseeing and managing these areas, including:

IFRS 9 Expected Credit Loss (ECL) model development, implementation and validation (PD, LGD, EAD processes, staging, forward-looking scenarios)
Stage classification and migration logic, including back-testing and ECL sensitivity analyses
Design and execution of hedge accounting strategies under IFRS 9 and IAS 39 (fair value hedges, cash flow hedges)
Hedge effectiveness testing: retrospective and prospective methodologies (dollar-offset, regression analysis etc.)
Preparation of technical accounting documentation, policies and disclosures for impairment and hedge accounting
Project management for IFRS 9 and hedge accounting implementations: data mapping, system configuration, and IT requirements
Analytical skills – working with large data sets to identify issues, root causes, and perform scenario analyses
Experience with IFRS accounting software or integrated risk management platforms is a plus
People management, organizational and project management skills

QUALIFICATION AND SKILLS

To be considered for this position, the ideal candidate should possess the following qualifications:

Strong educational background with a degree in finance, accounting, economics, engineering or related field
Deep knowledge of IFRS 9 impairment requirements and hedge accounting frameworks under IFRS 9 and IAS 39
Hands-on experience implementing and validating ECL models, staging rules and forward-looking macroeconomic scenarios
Expertise in configuring hedge accounting modules within risk or finance systems is plus (e.g., Bloomberg, SAP, Oracle, Murex, Kondor etc.)
Proven track record in preparing regulatory disclosures and audit-ready documentation for impairment and hedge accounting
Proficiency in data analysis tools and programming languages is a plus (SQL, Python, R, VBA)
Excellent problem-solving skills and attention to detail
Outstanding relational skills and an inclination toward teamwork
Flexibility to adapt to evolving regulatory and business requirements
Very good knowledge of the banking industry and relevant regulatory frameworks
Proficiency in English is must and other foreign languages is a plus (e.g. Italian etc.)

WORK LOCATION

Turkey, Istanbul

WHAT WE OFFER:

COMPENSATION, WELFARE & BENEFIT

Our history, as well as our future, is based on the value of our people. Prometeia’s biggest investment is in our people and it concerns every aspect of professional life. We call it “Total Compensation” and it is made of three elements: Compensation, consisting of a fixed and a variable component, a Welfare Plan active since 2015 –we were among the first companies in Italy to introduce it–, and Benefits, including all initiatives for the well-being of our people.

REMOTE WORKING

Flexibility is an intrinsic value of our way of working. In Prometeia, remote working is an organizational method based on trust. It results in benefits in terms of work/life balance, impact on the environment and optimization of company results through autonomy and empowerment of people.

PEOPLE PROGRAM

Our evaluation system is based on the full enhancement of our people and on continuous dialogue as a stimulus for regular, mutual professional and personal growth. Within the projects, several moments are dedicated to transparent discussions between managers and team members. This allows for reciprocal and prompt feedback. The process is fully digitalized and aimed at continuously improving the strategic growth of both the individual and the company.

TRAINING

Prometeia means continuous training. We provide an average of 11 days of training per year to our people, in person and online. We pay specific attention to younger colleagues, the protagonists of dedicated growth programs, and to the continuous sharing and internal transfer of know-how and skills. On-the-job training is also important and is made of immediate and direct confrontation with the market.

WIN/WIN POLICY

If you are one of our employees and you recommend a person who is later hired, you are entitled to a financial bonus! This is an important opportunity to contribute to the growth of Prometeia as a whole, by attracting acknowledged market professionals and new tech talents.

PHYGITAL MANAGEMENTWe have completely digitalized the management of our physical and virtual environments through the dedicated app Pr(Home)teia. Access to the office, remote working, workstations, meeting rooms, carpooling... everything is just a clic

k away.

COMMUNITY

Our Community is highly diverse, as are the skills of the people who are part of it and who share its values, and the individuals and organizations directly or indirectly involved in our activities. Clients, People of the Group, Alumni, Institutions, Academia, non-profit entities we actively cooperate with are stakeholders representing a great value for us in terms of trust and collaboration.

DIVERSITY

We promote and respect equal opportunities and consider differences as a value. Diversity & Inclusion are fundamental values: from the recruitment phase to everyday life, promoted also through dedicated training moments to develop individual sensitivities and uniqueness.

IMPACT

We responsibly take an active role towards the environment, territories and communities we operate in. Our Headquarter in Bologna has obtained the Leed Gold Certification, one of the highest awards recognizing the efficiency of the building in terms of energy and water savings, CO2 emissions reduction, and improvement of the ecological quality of interiors, materials and resources. In the Sustainability Report we outline the results achieved within the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda drafted by the UN in 2016, that we have been supporting since 2020.

WHAT WE OFFER:
COMPENSATION, WELFARE & BENEFIT
Our history, as well as the future, is based on the value of our people. The biggest investment at Prometeia is in our people, and it concerns every aspect of professional life. We call it 'Total Compensation' and is made up of Compensation - consisting of a fixed and a variable component -, an important Welfare Plan, active since 2015 – we have been among the first to introduce it in Italy - and Benefits, which include all the initiatives undertaken for the well-being of our people.
REMOTE WORKING
Flexibility is an intrinsic value of the way we work. At Prometeia, smart working is an organizational method based on trust, which results in benefits in terms of work/life balance, impact on the environment and optimization of company results, through autonomy and empowerment of people.
PEOPLE PROGRAM
Our evaluation system is based on the full enhancement of people and their continuous dialogue as a stimulus for regular, mutual professional and personal growth. Transparent discussions between managers and team members are set up within the projects, where reciprocal and timely feedback is exchanged. The process is fully digitalized and aimed at continuously improving the development trajectory of the individual and the company.
TRAINING
Prometeia means ongoing training. We provide an average of 11 days of training per year to our people, in person and online. Particular attention is paid to younger colleagues, who are the protagonists of dedicated growth programs, and to the continuous sharing and internal transfer of know-how and skills. On-the-job training is also important, through immediate and direct confrontation with the market.
WIN/WIN POLICY
If you are one of our employees, and you recommend a person who is later recruited, you are entitled to a financial bonus! This is an important opportunity to contribute to the growth of Prometeia as a whole, by attracting acknowledged market professionals and new tech talents.
PHYGITAL MANAGEMENT
Through the dedicated app Pr(Home)teia, we have completely digitalized and integrated the management of our physical and virtual environments. Access to the office, smart working, workstations, meeting rooms, car pooling... everything is just a click away.
COMMUNITY
Our Community is extremely diverse, as are the skills of the people who are part of it and who share its values, and the individuals and organizations that are directly or indirectly involved in our activities. Clients, People of the Group, Alumni, Institutions, Academia, non-profit entities with which we actively collaborate, are stakeholders representing a great value for us, in terms of trust and collaboration.
DIVERSITY
We promote and respect equal opportunities and consider differences as a value. Diversity & Inclusion are fundamental values: from the selection phase to everyday life, also through dedicated training moments to develop individual sensitivities and unicities.
IMPACT
We responsibly take an active role towards the environment, the territories and the communities in which we operate. Our Headquarter in Bologna has obtained the Leed Gold Certification, one of the highest awards that recognizes the performance of the building in terms of energy and water savings, reduction of CO2 emissions, improvement of the ecological quality of the interior, materials and resources used. In the Sustainability Report we report the results achieved within the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda that, drafted by the United Nations in 2016, we have been supporting since 2020.