About the Role:
We are currently looking for a highly technical, data-driven professional for the Model Risk & IFRS9 role in our UAE operations. This position requires strong expertise in ETL pipeline development, credit risk data management, and IFRS9 model support. The incumbent will lead the design, implementation, and governance of end-to-end risk data pipelines, ensuring alignment with regulatory and modeling requirements. The role is critical within the ERM – Risk Function as part of the Risk Data Management team, which plays a vital role in meeting CBUAE, IFRS9, and Basel II/III requirements. Responsibilities include ensuring the availability, accuracy, and traceability of data used in PD, LGD, and EAD models, along with managing default tagging, post-default events, recovery tracking, and exposure computation.
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Key Responsibilities:
- Possess excellent analytical skills and attention to detail.
- Have a strong understanding of IFRS9 regulations with experience in managing the end-to-end IFRS 9 impairment process, including ECL calculation and reporting in a business-as-usual environment.
- Design, develop, and implement IFRS9 and AIRB compliant credit risk models, including PD, LGD, and EAD.
- Develop Application, Behavioural & Collections Scorecards and macroeconomic default models using various techniques, such as Linear & Logistic Regression, CHAID segmentation, and Cluster analysis.
- Monitor and validate credit risk models in line with Basel and other regulatory guidelines.
- Extract and transform data from databases using SQL & BO Reports for analysis and reporting.
- Communicate clearly and effectively at all levels; adept in planning, organizing, and controlling work activities.
- Utilize programming skills in SAS, Python, R, Excel with VBA, and SQL.
Minimum Experience:
- 5 years of experience in Risk & Financial services, with a focus on Quantitative Modelling.
Terms and Conditions:
- Joining time frame: 2 weeks (maximum 1 month)
