Senior Associate Model Implementation & Data Management

ADIB Group; Abu Dhabi; On-site; AED 120,000 - 160,000; Full time

Job summary

A leading financial institution in Abu Dhabi is looking for a Senior Associate in Model Implementation & Data Management. The successful candidate will manage risk data and implement data science solutions to enhance credit risk processes. A minimum of 3 years of experience in data management and strong technical skills in SAS, R, and Python are required. This role offers a dynamic work environment and opportunities for professional growth.

Qualifications

• Minimum 3 years of experience in data management and risk analytics.
• Experience in banking and finance, specifically in Credit Risk models.
• Strong quantitative skills and data science expertise.

Responsibilities

• Manage data for risk models and credit scorecards.
• Conduct risk analytics and generate comprehensive reports.
• Develop machine learning solutions to enhance risk processes.

Skills

Data management

Risk analytics

Machine learning

Statistical analysis

SQL proficiency

Communication skills

Education

Bachelor's degree in Computer Science or related field

Master's degree (preferred)

Tools

SAS

R

Python

Job description

Description

Job Title: Senior Associate Model Implementation & Data Management

Location: Abu Dhabi

Role Purpose

• The role requires very strong technical and communication skills.
• Manage risk data including data capturing, organizing, storing and analyzing for development, validation and implementation of Risk Rating Models and Scorecards.
• Conduct risk analytics and generate comprehensive risk reports.
• Provide advanced quantitative analytics support to the overall Risk Management function.
• Formulating management techniques for quality data collection to ensure adequacy, accuracy and legitimacy of data.
• Engaging in Risk Architecture projects including implementation of various risk IT applications, data analytics, data flows, standards and processes.
• Strong knowledge of Information Technology systems, Risk Management systems, tools, applications and relational database management systems. Software development and ability to code.
• Develop and implement AI analytics to analyze risk data. Use machine learning techniques to identify patterns, trends and potential risks, including exploration, data analysis and data quality and trend assessment.
• Design data tracking and monitoring tools. Analyze and validate data ensuring data security.
• Ensure all data management and AI analytics practices comply with relevant regulations and organizational policies.

Key accountabilities / responsibilities

• Manage and maintain data for risk models implementation and scorecards development.
• Oversee Credit Risk management processes including Basel II and IFRS9 compliance.
• Conduct risk analytics and generate comprehensive risk reports.
• Utilize statistical tools such as SAS, R and Python for data analysis and model development.
• Write advanced SQL queries to extract, manipulate and analyze data.
• Develop and implement data science, machine learning and artificial intelligence solutions to enhance risk management processes.
• Apply techniques such as generative AI, classification, regression, clustering and other related methods.
• Collaborate with cross-functional teams to ensure data integrity and accuracy.
• Communicate findings and insights effectively to stakeholders.
• Foster a collaborative and team-oriented work environment.
• Stay updated with industry trends and advancements in AI and data analytics.
• Continuously seek opportunities to enhance risk management processes.

Education and experience

• Minimum 3 years of total experience in handling data management projects, data science, machine learning, model development within banking and finance sector, preferably in Credit Risk domain i.e., Basel II and IFRS 9 Risk models development and implementation, risk analytics reporting.
• Bachelors degree in Computer Science, Engineering, Information Systems or a related field.
• Masters degree is preferred.

Specialist skills / technical knowledge required for this role

• Experience working with large and complex data sets including alternative data (bureau, open banking etc.) for credit models.
• Experience in Credit Risk modelling and Risk analytics preferred.
• Experience with data science, machine learning and artificial intelligence techniques including generative AI, classification, regression and clustering.
• Possess strong quantitative skills and solid experience in developing, validating and monitoring risk models. Knowledge of the credit scoring systems available in the market and their use.
• Advanced user of statistical software (such as SAS and R or Python and SQL).
• Good knowledge of handling Risk Technologies & its implementation.
• Ability to work independently on multiple tasks and/or projects.
• Excellent oral and written communication skills in English.
• Proficiency in risk concepts, banking products/operations/systems, pertinent regulatory requirements.
• Flexible team player and able to work and deliver under pressure.

Required Experience

Senior IC