Senior Model Risk & IFRS9 Data Architect - UAE

VAM Systems Inc.; Dubai; On-site; AED 280,000 - 420,000; Full time

Job summary

VAM Systems Inc. in Dubai is seeking an experienced Model Risk & IFRS9 professional to join our UAE operations.

The role emphasizes designing, implementing, and governance of end-to-end risk data pipelines, with focus on IFRS9 impairment, ECL calculation, and regulatory reporting in BAU environments. Within the ERM – Risk Function, you will ensure data availability, accuracy, and traceability for PD, LGD, and EAD models, including default tagging, post-default events, recovery tracking, and

Qualifications

• Minimum 5 years of experience in Risk & Financial services, Quantitative Modelling.
• Strong understanding of IFRS9 regulations with experience managing end-to-end IFRS 9 impairment process including ECL calculation and reporting in BAU.
• Experience in designing, development and implementation of IFRS9 and AIRB compliant credit risk models – PD, LGD and EAD.

Responsibilities

• Analytical – Excellent Analytical skills and attention to detail.
• Designing, development and implementation of IFRS9 and AIRB compliant credit risk models – PD, LGD and EAD.
• Experience in developing Application, Behavioural & Collections Scorecards and macroeconomic default models using Linear & Logistic Regression techniques, CHAID segmentation & Custer analysis.
• Monitoring and Validation of credit risk models in line with Basel and other regulatory guidelines;
• Extraction and transformation of data from databases using SQL & BO Reports for analysis and reporting.
• Ability to understand and communicate clearly and effectively at all levels; Planning/Organizing and Control- Prioritizes and plans work activities, uses time efficiently.
• Programming skills in: SAS, Python, R, Excel with VBA, SQL

Skills

Analytical

IFRS9 regulations

IFRS9 impairment process

ECL calculation

PD/LGD/EAD models

Regression techniques

Monitoring & validation

Communication

Data extraction

Tools

SQL

BO Reports

SAS

Python

R

Excel VBA

Job description

VAM Systems Inc. in Dubai is seeking an experienced Model Risk & IFRS9 professional to join our UAE operations.

The role emphasizes designing, implementing, and governance of end-to-end risk data pipelines, with focus on IFRS9 impairment, ECL calculation, and regulatory reporting in BAU environments. Within the ERM – Risk Function, you will ensure data availability, accuracy, and traceability for PD, LGD, and EAD models, including default tagging, post-default events, recovery tracking, and