About the Role
You will oversee the end-to-end model lifecycle, covering development, validation, implementation, and ongoing monitoring. This position ensures that models are supported by complete and accurate documentation, including development documents, validation reports, and implementation records. You will ensure compliance with CBUAE model management standards and other applicable regulatory requirements while maintaining governance controls and obtaining the necessary approvals before models are deployed into production.
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Your key responsibilities will include monitoring model performance and tracking validation findings through to timely closure and remediation. You will own and maintain the company’s model inventory, ensuring that it remains accurate, comprehensive, and up to date. Additionally, you will assess, monitor, and report model risk in line with the company’s risk appetite, providing senior management with clear reporting on model performance, risks, and emerging concerns. Collaboration with model owners, validation teams, Risk Management, Finance, Compliance, Internal Audit, Regulatory Affairs, external vendors, and regulators will be essential.
You will also lead the planning and execution of Model Oversight Committee meetings, including agenda setting, stakeholder coordination, and documenting decisions. Staying abreast of regulatory developments and industry practices will be important to enhance model governance policies, frameworks, and procedures.
What We’re Looking For
- Bachelor’s or Master’s degree in Finance, Risk Management, Statistics, Data Science, or a related discipline.
- 7 to 10 years of experience in model governance, model risk management, regulatory risk, or risk governance.
- Strong understanding of model lifecycle management, governance frameworks, and regulatory expectations, including CBUAE MMSG.
- Experience working with auditors, regulators, and governance committees.
- Ability to assess governance controls, identify gaps, and ensure consistency across different model types and business units.
- Strong reporting, documentation, and stakeholder management capabilities.
- High attention to detail and a strong governance mindset.
Skills
- Strong expertise in model risk management and regulatory frameworks, including CBUAE, Basel, and SR 11-7.
- Hands-on experience with Power BI and Databricks.
- Excellent organisational, communication, and stakeholder management skills.
- Ability to manage multiple priorities and drive accountability across diverse stakeholder groups.
- Strong analytical thinking, logical reasoning, and data-driven decision-making.
- Ability to influence senior stakeholders, resolve complex issues, and support effective decision-making.
What’s in It for You
- The opportunity to lead and strengthen a company-wide model governance framework.
- A highly visible role involving regular engagement with senior management, governance committees, auditors, and regulators.
- Exposure to a wide range of risk and business models across the organisation.
- The opportunity to shape model risk policies, governance frameworks, and procedures.
- A leadership position within Risk Management, with responsibility for one direct report.
