Expected Credit Loss Accounting Adviser

The mandate

The Adviser will maintain independent challenge around one enduring question: do expected credit loss conclusions connect current credit evidence, forward-looking information and accounting policy through a transparent governance chain? The appointment focuses on model and judgment oversight from an accounting perspective. It does not build production models, approve credit decisions or provide model validation assurance.

The three-day weekly cadence includes a monthly methodology review, fortnightly judgment clinic and one scheduled governance meeting. Management will supply exposure definitions, approved model outputs, overlays, performance evidence and its proposed accounting. The Adviser will identify gaps and alternative interpretations, but will not certify source data or reproduce every calculation.

Particular scrutiny will apply to staging or deterioration criteria, scenario selection and weighting, post-model adjustments, low-default evidence, write-offs and the reconciliation of period movement. Advice must distinguish limitations inherent in estimation from control weaknesses or outdated assumptions. Overlay governance should state the deficiency addressed, evidential basis, amount, approval and exit trigger.

Accounting leadership retains decisions and representations. The Adviser has no line authority over credit, risk, modelling or finance staff and cannot approve model changes, provisions or journal entries. Where model validation or specialist input is relevant, the Adviser will assess whether management has responded to it without claiming that assurance as their own.

The eleven-month term should leave stronger judgment papers, an overlay inventory, a movement-analysis protocol and clearer triggers for methodology reconsideration. Conflicts involving model vendors, assurance providers, counterparties, investments or competing credit appointments must be disclosed before access.

What you will own

• Challenge whether the exposure perimeter and accounting segmentation remain complete and consistent with approved policy.
• Review evidence for deterioration, default, cure, write-off and other judgmental status changes.
• Test scenario narratives, weighting and forecast horizons for coherent linkage to current observable information.
• Establish an overlay protocol covering identified deficiency, method, amount, governance, monitoring and release condition.
• Analyze loss movement by exposure, status, model, assumption and management adjustment to isolate decision-relevant change.
• Advise governance bodies on uncertainty, limitations and contrary evidence without issuing model assurance.
• Track management response to validation findings and determine whether accounting implications remain unresolved.
• Decline model construction, credit approval, posting and line-management responsibilities.

Candidate qualifications

• Demonstrate senior accounting judgment over IFRS 9 or CECL expected loss estimates.
• Describe an overlay you challenged because its rationale or exit mechanism was inadequate.
• Show how forward-looking evidence changed scenario weight, staging or another material conclusion.
• Evidence ability to interpret model validation findings without confusing validation with accounting approval.
• Explain a period movement whose true driver was obscured by aggregate reporting.
• Provide an example of influencing credit, risk and finance owners without authority over their functions.
• Identify conflicts that could compromise independent advice on expected loss accounting.

Working terms and boundaries

• The eleven-month retainer covers three days weekly, fortnightly clinics and scheduled monthly governance.
• Management owns source data, models, assumptions, accounting conclusions, entries and representations.
• Model development, independent validation, credit decisions and assurance are excluded.
• Extra event-driven work must displace agreed activity or be covered by a written retainer amendment.
• Conflicts are cleared before model providers, counterparties or exposure details are disclosed.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 11 October 2026. Mandate reference FNA-ADV-2026-NBO-31.