Senior Risk Analytics Lead – Credit & IFRS9

ADIB; United Arab Emirates; On-site; AED 400,000 - 550,000; Full time

Job summary

A leading banking institution in the UAE is looking for a Senior Manager in Corporate Risk Analytics. This critical position requires extensive experience in credit risk modeling and compliance with Basel II and IFRS 9. The ideal candidate will have strong analytical skills and be capable of independently managing risk analytics projects. Must possess a Master's degree in a relevant field and professional qualifications such as FRM or CFA. The role involves significant responsibilities in developing models and conducting quantitative analysis.

Qualifications

• 7 - 12 years in credit risk modeling, Basel II and IFRS 9 implementation in the banking sector.
• Master's degree in quantitative/finance, professional engineering or any other related field.
• Possess strong quantitative skills and solid experience in developing, validating and monitoring risk models.

Responsibilities

• Lead the development of non-retail credit rating models and LGD models.
• Perform monthly ECL / Provisioning calculation and report as per agreed timelines.
• Ensure compliance with regulatory requirements and model validation.

Skills

Credit Risk modelling

Analytical skills

Research skills

Machine Learning algorithms

Statistical software (SAS, R, Python)

Excellent English communication

Education

Master's degree in quantitative/finance

Professional Qualification (FRM, PRM, CFA)

Tools

SAS

R

Python

Job description

A leading banking institution in the UAE is looking for a Senior Manager in Corporate Risk Analytics. This critical position requires extensive experience in credit risk modeling and compliance with Basel II and IFRS 9. The ideal candidate will have strong analytical skills and be capable of independently managing risk analytics projects. Must possess a Master's degree in a relevant field and professional qualifications such as FRM or CFA. The role involves significant responsibilities in developing models and conducting quantitative analysis.