Senior Associate – Credit Risk Modelling & IFRS 9

applydubaijob.com; Dubai; On-site; AED 112,000 - 223,000; Full time

Benefits offered by this job

Strategic role

GCC exposure

Competitive pay

Job summary

Dautom in Dubai is recruiting a Senior Associate specializing in Credit Risk Modelling & IFRS 9 to support its risk management capabilities in the UAE.

You will lead end-to-end development of internal credit risk models, execute ECL calculations, assess SICR triggers, and contribute to portfolio stress testing and ICAAP/IRRBB analyses.

The role requires 5–8 years in banking or financial services, strong SQL/SAS/Python or R skills, and IFRS 9/Basel knowledge; FRM/CFA accreditation is a plus.

Qualifications

• Education: Bachelor’s Degree in Finance, Accounting, Economics, Mathematics, Statistics, or a quantitative domain.
• Professional Background: 5-8 years in risk management, advisory, or consulting within banking or financial services, GCC exposure preferred.
• Technical Frameworks: Strong programming and BI skills (SQL, SAS, Python/R), Power BI, advanced Excel modeling.
• Domain Mastery: IFRS 9, Basel III/IV, portfolio risk assessments, model validation.
• Credentials & Notice: FRM or CFA is a plus; immediate to 30-day onboarding preferred.

Responsibilities

• Lead end-to-end development, calibration, and validation of internal credit risk models.
• Execute ECL calculations, evaluate SICR triggers, and build PD/LGD/EAD parameters.
• Direct scenario analysis, portfolio stress testing, and ICAAP/IRRBB alignment.
• Compile regulatory risk reporting and ensure local central bank compliance.
• Analyze complex financial datasets to enhance risk governance and credit frameworks.
• Collaborate with leadership to present quantitative findings and risk recommendations.

Skills

Analytical thinking

Quantitative analysis

Statistics

Data interpretation

Portfolio risk assessment

Education

Bachelor’s Degree in Finance/Accounting/Economics/Mathematics/Statistics

Tools

SQL

SAS

Python

R

Power BI

Excel modeling

Job description

Job Title

Senior Associate - Credit Risk Modelling & IFRS 9

Company

Dautom

Location

Dubai, United Arab Emirates

Employment Type

Full-time

Salary

AED 10,000 to 20,000 per month (Estimated)

Experience Required

5-8 years of experience in banking, risk advisory, consulting, or financial services

Position Profile

Dautom is recruiting an experienced Senior Associate specializing in Credit Risk Modelling & IFRS 9 to support its risk management capabilities in Dubai. This analytical position focuses on developing and validating credit risk models, executing Expected Credit Loss (ECL) frameworks, conducting portfolio stress testing, and ensuring strict alignment with regional regulatory mandates and Basel III/IV guidelines.

Main Duties

• Lead the end-to-end development, calibration, and structural validation of internal credit risk models.
• Execute Expected Credit Loss (ECL) calculations, evaluate Significant Increase in Credit Risk (SICR) triggers, and build PD, LGD, and EAD parameters.
• Direct complex scenario analysis, portfolio stress testing, and capital adequacy evaluations aligned with ICAAP and IRRBB frameworks.
• Compile regulatory risk reporting documentation to ensure ongoing compliance with banking standards and local central bank guidelines.
• Analyze complex financial datasets using statistical programming tools to enhance risk governance and credit frameworks.
• Collaborate with internal leadership and banking stakeholders to present quantitative findings and risk exposure recommendations.

Ideal Candidate Profile

• Education: Bachelor’s Degree in Finance, Accounting, Economics, Mathematics, Statistics, or a quantitative domain.
• Professional Background: 5-8 years of dedicated risk management, advisory, or consulting experience inside banking or financial services institutions, with specific exposure to GCC markets.
• Technical Frameworks: Advanced proficiency utilizing programming and BI tools, including SQL, SAS, Python or R, Power BI, and complex Microsoft Excel modeling.
• Domain Mastery: Comprehensive command over IFRS 9 requirements, Basel III/IV frameworks, portfolio risk assessments, and model validation protocols.
• Credentials & Notice: Holding professional certifications such as FRM or CFA is a distinct advantage; candidates who can onboard immediately or within a 30-day window are strongly preferred.

Value Proposition

• Strategic quantitative risk role situated within a dynamic financial advisory framework in Dubai
• High-impact exposure to large-scale banking portfolios and GCC regulatory frameworks
• Competitive monthly compensation scaling with technical expertise and professional certifications