Connecting IFRS 9, ECL modelling and accounting production
Finance workstreams covering expected credit losses, accounting rules, data, testing and coordination with the Asset Servicer.
An international credit insurer · 2020–2022
Context
IFRS 9 involved Finance, Investments, IT, the Asset Servicer and external auditors. The ECL model had to fit recurring production and the close calendar.
My work
- Design the expected credit loss model using external risk matrices and implement it in the calculation tools.
- Organise proofs of concept and business testing.
- Validate transition accounting rules and revise the close calendar.
Results and work delivered
ECL model designed and implemented.
Monthly movement analysis and controls included in production.
Accounting rules, data and Asset Servicer exchanges handled together.
Deliverable types
- ECL functional specifications
- Transition accounting schemes
- Test cases and movement analysis
- Close calendar
Library examples are original templates. Client documents remain confidential.