Location: London, United Kingdom
Duration: Permanent
Salary: Competitive, plus benefits
Hours: 35 hours per week
Job purpose: To support the delivery of the Dynamic Risk Management (DRM) project by conducting research and analysis on relevant technical accounting issues, engaging with stakeholders, developing recommendations and drafting due process documents.
The team: This technical staff role is within our Financial Instruments team.
Key responsibilities
- Developing technical proposals on the DRM project for consideration by the International Accounting Standards Board (IASB) and to facilitate their decision-making on technical matters identified by:
- undertaking analysis of comment letters and outreach feedback, as well as evidence-based research to support technical decisions;
- initiating and leading discussions with IASB and external stakeholders;
- drafting papers and technical documents for consideration and presenting them to IASB; and
- drafting due process documents.
- Prepare a range of documents and communications for internal and external use.
- Act as a credible and authoritative representative of the IASB by consulting with a wide range of external stakeholders from industry and the accounting, investment, regulatory and standard-setting communities, to ascertain their views and to share information.
- Provide general project support to senior staff and the IASB.
- Contribute to the development of other staff.
- Manage relevant committees and working groups.
- Manage technical project administrative matters.
Required skills and experience
- Qualified accountant with practical experience and a deep understanding of both the hedge accounting requirements in IFRS 9 and IAS 39 and how entities (especially banks and insurers) are managing interest rate risk in practice.
Technical knowledge and thinking abilities
- Demonstrates knowledge of IFRS Accounting Standards and the Conceptual Framework for Financial Reporting.
- Shows rigour, consistency and attention to detail in work.
- Identifies, understands and analyses issues.
- Proposes well-reasoned recommendations and draws out implications, including cost-benefit analysis.
- Displays impartiality, balance and openness in developing, defending and accepting alternative views.
- Develops feasible solutions.
- Understands the standard-setting process, including the roles of various parties.
Managing self and relationships
- Is enthusiastic, proactive and motivated. Works effectively under pressure and remains positive even when faced with setbacks.
- Is self-aware. Seeks and learns from feedback. Seeks to grow and continuously improve.
- Demonstrates the IFRS Foundation’s values.
- Flexible and open to change.
- Shows professionalism, respect and empathy, relating well to others by showing courtesy.
- Focuses on team contributions over individual contributions.
- Understand the roles and limitations of collective group responsibility.
- Constructively addresses disagreements and conflicts in a timely manner.
- Shares knowledge and information.
Planning and delivering work
- Delegates work effectively and appropriately.
- Organises and manages own time and work across competing priorities.
- Respects others' time (for example, providing adequate time for review, considering which issues to escalate to whom).
- Sets and adheres to realistic timelines within span of control.
- Takes ownership and responsibility for the quality of the work output, regularly communicating progress and escalating issues appropriately.
- Promptly communicates reasons for changes to plans, as necessary.
- Strives for continuous improvement, within resources, priorities and deadlines.
Effective communications
- Communicates in a concise, clear and well-structured way, appropriately tailored to the audience.
- Presents issues, evidence, analysis and recommendations in a neutral manner.
- Persuades based on evidence and balanced analysis.
- Drafts and reviews IASB papers and due process documents with robust analyses of alternative views, defensible support of recommendation and clear, simple, logical and consistent articulation.
- Uses innovative design to enhance clarity and visual appeal to best convey the big picture.
- Presents effectively to internal and external audiences and manages questions and comments competently.
- Listens actively.
- Understands others' viewpoints and summarises accurately and completely.
To apply
Please send a detailed CV/résumé to recruitment@ifrs.org. Please include the following information or your application may not be considered:
- the job title/position you are interested in (in the subject line of your email); and
- covering email/letter detailing how you meet the specified role requirements and your salary expectations.
Closing date: Ongoing
Interviews are held via video conference as part of our standard international recruitment process. Due to the number of responses we receive, we are unable to respond individually to each application.