Assistant Manager, Model Risk Validation

Mashreq; Karachi Division; On-site; PKR 1,800,000 - 3,400,000; Full time

Job summary

Mashreq seeks a skilled model risk analyst to support end-to-end validation of PD, EAD, LGD, and related models in Credit and Market Risk. You will engage with risk, finance, and audit teams to uphold validation standards within the group.

The role requires strong quantitative skills, experience with SAS/Python/R, and effective communication to present findings to senior stakeholders; Basel and IFRS 9 guidelines apply.

Qualifications

• 3+ years of BFSI risk management and quantification experience.
• Experience in model development and validation processes.
• Strong written and verbal communication skills.

Responsibilities

• Assist in maintaining enterprise-wide model validation standards.
• Assist in managing model risk governance issues: integrity, data validation and related modeling activities.
• Measure key model performance metrics, risk capital, etc.
• Prepare model performance reports for senior stakeholders.

Skills

Risk analytics

Regulatory knowledge

Quantitative skills

Communication skills

Education

Master’s degree in Statistics/Mathematics/OR/Engineering

Bachelor’s degree + 2 years extra experience

Tools

SAS

Python

R

Excel

PowerPoint

Word

Job description

Mashreq seeks a skilled model risk analyst to support end-to-end validation of PD, EAD, LGD, and related models in Credit and Market Risk. You will engage with risk, finance, and audit teams to uphold validation standards within the group.

The role requires strong quantitative skills, experience with SAS/Python/R, and effective communication to present findings to senior stakeholders; Basel and IFRS 9 guidelines apply.