- Position: Functional Analyst
- Location: Brussels, Belgium - 3 days per week (on-site)
- Languages: Very good English is a must, Dutch is a big plus
- Start Date: September 2026 - 1 year, with possibility of extension

Overview:

We are seeking an experienced Functional Analyst with strong IFRS 9 expertise to support a large-scale IFRS 9 migration programme within a leading financial institution.

The role involves analysing and redesigning processes, supporting the migration of IFRS 9 data and calculation platforms, and acting as a key contributor throughout the implementation lifecycle.

This position requires a senior professional who can operate independently, provide direction to project teams, challenge requirements, and support business and IT stakeholders throughout a complex transformation initiative.

Key Responsibilities:

- Lead functional analysis activities within the IFRS 9 migration programme.
- Analyse and document business requirements related to IFRS 9, credit risk and Expected Credit Loss (ECL) calculations.
- Support the migration from legacy IFRS 9 platforms to a new target solution.
- Perform data analysis and data mapping between source and target environments.
- Translate business requirements into functional specifications and support technical design activities.
- Collaborate with business stakeholders, risk teams, finance teams and IT delivery teams.
- Work closely with software vendors and external consulting partners involved in the IFRS 9 solution landscape.
- Identify gaps,



risks and dependencies within migration activities and recommend solutions.
- Support testing activities, including functional testing, integration testing and data validation.
- Provide guidance and leadership to less experienced analysts and project team members.
- Contribute to project planning, governance and implementation activities.

Required Experience:

- Minimum 10–15 years of experience as a Functional Analyst, Business Analyst or similar role within financial services.
- Proven experience working on IFRS 9 implementations, migrations or enhancements.
- Strong understanding of:
- IFRS 9 regulations and reporting requirements.
- Expected Credit Loss (ECL) methodologies.
- Credit risk management processes.
- Banking data models and financial products.
- Experience with large-scale transformation or migration projects in banking.
- Ability to work in complex stakeholder environments and drive requirements discussions.
- Demonstrated capability to lead workshops and provide direction within multidisciplinary teams.

Preferred Qualifications:

- Experience with IFRS 9 calculation engines or vendor solutions used for ECL calculations.
- Knowledge of regulatory reporting and risk management frameworks within banking.
- Familiarity with data migration and data quality initiatives.
- Experience working in Agile delivery environments.
- Understanding of finance, accounting and risk domains within financial institutions.

📌 Functional analyst (España)
🏢 NTek Software Solutions
📍 España