Senior VP, Risk Analytics & ECL Strategy

Rakbank

United Arab Emirates

On-site

AED 520,000 - 860,000

Full time

2 days ago

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Benefits offered by this job

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Job summary

Rakbank in the United Arab Emirates seeks a senior risk modelling lead to drive regulatory models, ECL, and IFRS 9 governance across Retail, SME, Wholesale, FI and Bonds. You will oversee model lifecycle and provide strategic risk insights to senior management.

The role requires 12–15 years of credit risk analytics experience, strong leadership, and advanced skills in Python, SAS, SQL, and Databricks.

Qualifications

Master's degree in Statistics, Mathematics, Econometrics, Finance, Data Science, or related field.
12–15 years in credit risk analytics, regulatory modelling, or quantitative risk.
Deep IFRS 9, PD, LGD, EAD, rating models, stress testing, ECL knowledge.
Strong governance, audit, and regulatory interaction experience.

Responsibilities

Lead development and governance of regulatory risk models (PD, LGD, EAD, rating, ECL).
Define modelling strategy for Retail, SME, Wholesale, FI, and Investments.
Oversee model lifecycle: development, recalibration, deployment, monitoring, retirement.
Ensure IFRS 9, MRM standards, and regulatory compliance across models.
Oversee ECL production and regulatory submissions; challenge macro forecasts.
Collaborate with Model Validation, Internal/External Audit, Finance, regulators.
Provide strategic risk insights to senior management and committees.
Lead team capacity and succession planning; work with ERM on stress tests.