Senior Financial Manager- Impairments

Personal and Private Banking

Accounting

Manage Others

Position

Senior Financial Manager- Impairments

Why join our team!

This is a senior financial management role that uniquely blends the rigour of financial reporting with the analytical depth normally found in quantitative environments. It offers full ownership of PPB’s IFRS 9 ECL impairment process, giving candidates the opportunity to influence financial outcomes, shape insights presented to leadership, and operate at the intersection of Finance, Risk and Modelling. For finance professionals, this is a chance to elevate your technical toolkit—applying advanced Excel modelling, working with large financial dataset and working close to the Credit Lab. For candidates with a quantitative background, this role offers a meaningful shift into Finance without losing the analytical complexity you enjoy: you will still solve data‑driven problems, test assumptions, challenge models, and turn quantitative insights into financial decisions that shape the business.

Beyond its technical depth, this role is ideal for someone who is proactive, self‑driven, and thrives in a dynamic financial environment where accountability is high and the pace is fast. The hiring manager emphasised the need for an individual who can independently manage heavy workloads, deliver under pressure, and collaborate effectively with stakeholders across Finance, Credit Risk, Modelling and Business teams. It’s a perfect fit for financial analysts, senior finance professionals, and analytically strong quants who enjoy using numbers to tell a story, influence decisions, and operate in a role where financial leadership and quantitative insight come together. If you're looking for a career path that deepens your financial expertise while leveraging your modelling, data analysis, and problem‑solving strengths, this role offers the best of both worlds.

Job Purpose

To lead PPB’s end‑to‑end impairment reporting process with strong technical financial expertise and a high level of quantitative analytical capability. The Senior Financial Manager will work extensively with large datasets, build and interrogate models, and provide data‑driven insights that support impairment decisions, IFRS 9 processes, and strategic reporting.

Job Responsibilities

Advanced Quantitative & Financial Analysis

• Perform complex quantitative analysis to identify impairment trends, scenario impacts and model sensitivities.
• Conduct statistical and data driven investigations into ECL movements, staging changes and portfolio risk dynamics.
• Use quantitative techniques to validate, challenge and enhance ECL models and PMAs (post model adjustments).
• Develop and refine advanced Excel based models to support impairment calculations and forecasts.
• Lead monthly/quarterly impairment reporting with full ownership of data, insights and governance.
• Apply IFRS 9 standards to staging, expected credit loss calculations and scenario modelling.
• Work with modelling teams to ensure proper methodology implementation and alignment.
• Extract, manipulate and analyse large, complex datasets from finance/risk systems.
• Build, maintain and enhance quantitative models to support scenario analysis, forecasting and stress testing.
• Perform reconciliations, data validations and integrity checks to ensure ECL accuracy.

Governance & Controls

• Maintain strong controls across impairment processes, ensuring audit readiness.
• Produce documentation, rationale and evidence for model behaviour, assumptions and overlays.
• Drive continuous improvement, automation and efficiency within impairment workflows.

Stakeholder Engagement

• Collaborate deeply with Modelling, Credit Risk, Finance Reporting, and Business segments.
• Present quantitative insights in a clear, business-friendly manner to senior leadership.
• Mentor junior resources on analysis, modelling and IFRS 9 topics.

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

• Chartered Accountant
• BCom Honours in Finance, Accounting, Risk, or Economics
• BSc / Honours in: Applied Mathematics, Statistics, Actuarial Science, Data Science, Quantitative Finance or similar
• Postgraduate Diploma in Financial Modelling or Risk Management

Minimum Experience Level

• 3+ years in Financial Management, Credit Risk Finance or IFRS 9 Impairments.
• Strong experience in Excel-heavy environments (modelling, scenario analysis, large datasets).
• Proven ability to operate in high-pressure, high-volume reporting environments.
• Experience with IFRS 9 impairments, ECL reporting, and analytics.
• Strong quantitative analysis capability.
• Banking or financial services experience is essential.

Beneficial

• Exposure to risk modelling teams or impairment model governance.

Technical / Professional Knowledge

• Banking procedures
• Business Acumen
• Cluster specific operations
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Remuneration policies and principles
• Research methodology

Disclaimer

Preference will be given to candidates from the underrepresented groups

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