Lead Model Validation & Quant Risk Manager

VerifiedJobs.ae; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading financial services firm in the United Arab Emirates is looking for a Model Validation Expert to ensure model risk is managed according to policies and regulatory standards. You will assess and validate models while leading a team to foster compliance and continuous improvement. The ideal candidate should have over 5 years of experience in quantitative risk management, a master's degree in a quantitative field, and strong programming skills in statistical software. This position offers a competitive opportunity to develop a critical aspect of risk management.

Qualifications

• 5+ years of experience in quantitative risk management with understanding of Basel II/III.
• Master's degree in fields like Finance, Economics, or Mathematics required.
• Experience in developing or validating risk models is essential.

Responsibilities

• Assess appropriateness of models to determine level of model risk.
• Manage team according to people management policies.
• Implement approved departmental policies and ensure adherence.
• Drive continuous improvement initiatives.
• Deliver required service levels in all customer interactions.

Skills

Quantitative risk management

Statistical/mathematical software

Knowledge of Basel II/III standards

Advanced programming skills

Education

Masters Degree in a Quantitative Science

Tools

SAS

MATLAB

R

Python

SQL

Job description

A leading financial services firm in the United Arab Emirates is looking for a Model Validation Expert to ensure model risk is managed according to policies and regulatory standards. You will assess and validate models while leading a team to foster compliance and continuous improvement. The ideal candidate should have over 5 years of experience in quantitative risk management, a master's degree in a quantitative field, and strong programming skills in statistical software. This position offers a competitive opportunity to develop a critical aspect of risk management.