Head of Retail Credit Risk Analytics & ML Modeling

Mashreq; United States; Remote; USD 150,000 - 230,000; Full time

Job summary

Mashreq is seeking a senior credit risk modeller to own the development, validation and deployment of PD, LGD, and EAD models across the retail portfolio. You will collaborate with IT and data teams to ensure production-grade models with robust governance and transparent documentation.

The role requires deep expertise in IFRS 9 ECL, Basel requirements, and model risk management, with strong communication skills to convey complex results to executives and risk committees.

Qualifications

• Extensive experience in credit risk modelling within retail/financial services.
• Deep expertise in PD, LGD, EAD and scorecards with validation practices.
• Proven IFRS 9 ECL modelling and Basel framework knowledge.
• End-to-end model lifecycle: development, validation, deployment and monitoring.
• Ability to translate data into actionable business risk decisions.

Responsibilities

• Develop, implement, and maintain credit risk models including PD/LGD/EAD.
• Lead design of modelling frameworks and ensure regulatory compliance.
• Monitor model performance, backtesting, and recalibration activities.
• Govern model documentation, audit trails, and governance readiness.
• Collaborate with IT/Data teams to productionize models and ensure data integrity.

Skills

Analytical thinking

Credit risk modelling

PD/LGD/EAD modelling

Model governance

Stakeholder management

Communication of complex concepts

Education

Quantitative degree

FRM or CFA

Tools

Hadoop

MLflow

Job description

Mashreq is seeking a senior credit risk modeller to own the development, validation and deployment of PD, LGD, and EAD models across the retail portfolio. You will collaborate with IT and data teams to ensure production-grade models with robust governance and transparent documentation.

The role requires deep expertise in IFRS 9 ECL, Basel requirements, and model risk management, with strong communication skills to convey complex results to executives and risk committees.