Talent.com
Senior Manager - Corporate Risk Analytics
Senior Manager - Corporate Risk AnalyticsADIB • United Arab Emirates
Senior Manager - Corporate Risk Analytics

Senior Manager - Corporate Risk Analytics

ADIB • United Arab Emirates
7 منذ أيام
الوصف الوظيفي

Job Description

Role : Senior Manager - Corporate Risk Analytics

Location : Abu Dhabi

Role purpose

  • This role is of high importance within Group Risk Management which will have a direct impact on the compliance of the bank with regulatory mandate on model management.
  • The impact of this role on the non-retail banking business would be direct and significant as the incumbent is required to develop and maintain credit risk and profitability models.
  • The incumbent is expected to independently perform advance analytics on the portfolio and continuously advise the Head of the team on emerging trends.
  • The role requires independent thinking, strong communication, initiative, team management, project management interaction with stakeholders within the team.
  • The candidate will have specialized exposure and capacity to execute and deliver end-to-end risk analytics project and framework independently.

Main responsibilities include

  • Quantitative analysis & modelling : Take a lead role in developing non-retail credit rating models, macro-overlay models and LGD models and participate in development of retail banking rating models as and when required by the Head of the team.
  • In line with the requirements, participate in the deployment and integration of non-retail credit models in bank's systems and processes.
  • Develop methodologies to ensure effective monitoring of the models.
  • Conduct regular PiT and TTC calibration and optimization of the deployed models as regulatory guidance.
  • Perform monthly ECL / Provisioning calculation and report as per agreed timelines. Also develop IFRS based provision forecasting model for budgeting purposes.
  • Provide required input for ICAAP and Macro Stress Testing for the Non-Retail Portfolios.
  • Support the team head in ensuring compliance requirements are fulfilled and assist him in other initiatives.
  • Key accountabilities of the role

    Customer (Internal & External)

  • Liaise with the validation team on a regular basis to build and maintain compliant models. Perform model remediation as per recommendation from validation team.
  • Fulfill requests from the external and internal auditors and the Compliance functions are fulfilled as and when required.
  • Coordinate with team head and validation team for model methodology review and approvals.
  • Provide analytical support to the business.
  • Co-ordinate with external vendors whenever required in relation to activities within scope.
  • Assist in Cost-of-Credit budgeting exercise for non-retail products
  • Internal (Processes, Products, Regulatory)

  • Review existing model development and ECL calculations considering changing market conditions based on regulatory recommendations / other best practices to ensure that a sound environment for identifying, assessing, measuring, monitoring and controlling risks are in place.
  • Ensure correct functionality of the deployed models on the rating platform and institutionalize effective usage by conducting regular verification of inputs & outputs.
  • Develop credit models as per requirements from the business, keeping in view the dynamics of credit portfolios and the best risk management practices.
  • Lead the development of risk models of Basel / IFRS9 components i.e., PD, LGD, EAD etc., among various asset classes and facility types, ensuring these risk measures comply with regulatory requirements through robust modelling process.
  • Address / facilitate correction of any weaknesses identified during assessments, audits, or examinations by internal / external audit staff, Group Compliance personnel, regulators examiners or Sharia' auditors as applicable.
  • Conduct monitoring of the deployed models on a regular basis and produce reports with recommendations for improvements to stakeholders.
  • Create, maintain and update model / scorecard related documentation.
  • Maintain historical datamart for non-retail products, with all the relevant parameter required for risk modeling, to bring efficiency and consistency in data preparation step of model development.
  • Learning & Knowledge :
  • Develop and lead training programs for team members, stakeholders on different conceptual aspects of quantitative analytics.
  • Qualification, skills / technical knowledge required for this role

  • 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
  • Professional Qualification such as FRM, PRM or CFA is highly desired
  • Excellent Credit Risk modelling, analytical, and research skills.
  • Experience working with large and complex data sets, including alternative data (bureau, open banking etc.) for credit models.
  • In-depth knowledge of financial markets and products and abreast with latest analytical techniques including Machine Learning algorithms such as Support Vector Machines, Random Forest and Gradient Boosting etc.
  • Possess superior knowledge of credit risk management best practices including but not limited to pertinent Basel II, Basel III and IFRS 9 Framework on expected credit risk loss, credit risk management and capital adequacy requirements.
  • Possess strong quantitative skills and solid experience in developing, validating and monitoring risk models. Knowledge of the credit scoring systems available in the market and their use.
  • Advanced user of statistical software (such as SAS and R or Python)
  • Should have strong knowledge of handling Risk Technologies & its implementation.
  • Ability to work independently on multiple tasks and / or projects.
  • Excellent oral and written communication skills in English.
  • Proficiency in risk concepts, banking products / operations / systems, pertinent regulatory requirements,
  • Flexible team player and able to work and deliver under pressure.
  • #J-18808-Ljbffr

    إنشاء تنبيه وظيفي لهذا البحث

    Manager Risk • United Arab Emirates

    الوظائف المماثلة
    Risk Advisory Manager — Internal Audit & Governance (UAE)

    Risk Advisory Manager — Internal Audit & Governance (UAE)

    athGADLANG • United Arab Emirates
    A growing advisory firm in the UAE is seeking a Manager – Risk Advisory to lead complex engagements and work closely with senior stakeholders. The ideal candidate will have 8–10 years of experience ...أظهر المزيد
    آخر تحديث: 2 منذ أيام • عَرْضٌ مُرَوَّجٌ له
    AI Governance & Risk Management Lead

    AI Governance & Risk Management Lead

    Al Ghurair Investment LLC • United Arab Emirates
    A prominent investment firm in the United Arab Emirates seeks a Lead for their AI Governance program.This role involves establishing policies and standards, ensuring responsible AI adoption, and wo...أظهر المزيد
    آخر تحديث: منذ يوم واحد • عَرْضٌ مُرَوَّجٌ له
    Associate Director, Crisis & Resilience (ME)

    Associate Director, Crisis & Resilience (ME)

    Control Risks • United Arab Emirates
    A consultancy specializing in resilience and risk management is seeking a consultant in the United Arab Emirates.The successful applicant will focus on organisational resilience, crisis and risk ma...أظهر المزيد
    آخر تحديث: منذ يوم واحد • عَرْضٌ مُرَوَّجٌ له
    Senior Risk Analytics Lead – Credit & IFRS9

    Senior Risk Analytics Lead – Credit & IFRS9

    ADIB • United Arab Emirates
    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...أظهر المزيد
    آخر تحديث: 7 منذ أيام • عَرْضٌ مُرَوَّجٌ له
    Country Internal Control Lead - Process & Risk Excellence

    Country Internal Control Lead - Process & Risk Excellence

    Robert Walters • United Arab Emirates
    A leading recruitment consultancy is searching for a Country Internal Control Manager in the United Arab Emirates.The successful candidate will support business process owners in maintaining effici...أظهر المزيد
    آخر تحديث: 6 منذ ساعات • عَرْضٌ مُرَوَّجٌ له • جديد!
    Snr Manager / Director - Finance - Group(Tech / Hospitality / Real Estate)

    Snr Manager / Director - Finance - Group(Tech / Hospitality / Real Estate)

    Miray Holdings • United Arab Emirates
    At Miray Group, we’re a leading Family Group Office with investments in Technology, Real Estate and Hospitality.We’re on a mission to create impactful companies that push value to our customers and...أظهر المزيد
    آخر تحديث: 2 منذ أيام • عَرْضٌ مُرَوَّجٌ له
    Director of Institutional Excellence & Compliance

    Director of Institutional Excellence & Compliance

    Abu Dhabi School of Management • , , United Arab Emirates, United Arab Emirates
    The successful candidate will build an evidence-based institutional effectiveness ecosystem that supports licensing, accreditation readiness, continuous improvement, KPI governance, and audit prepa...أظهر المزيد
    آخر تحديث: 8 منذ ساعات • عَرْضٌ مُرَوَّجٌ له • جديد!
    Audit Director, CIB Client Coverage — Lead Risk & Audit

    Audit Director, CIB Client Coverage — Lead Risk & Audit

    Standard Chartered Bank • United Arab Emirates
    A leading international bank is seeking an Audit Director for its Corporate and Institutional Banking Client Coverage.This pivotal role involves overseeing audit plans, ensuring compliance, and lea...أظهر المزيد
    آخر تحديث: منذ يوم واحد • عَرْضٌ مُرَوَّجٌ له
    Audit Director - Coverage

    Audit Director - Coverage

    Standard Chartered Bank • United Arab Emirates
    The role of Audit Director, CIB Client Coverage at Standard Chartered is a pivotal leadership position within the Group Internal Audit International (GIAI) function, responsible for the strategic o...أظهر المزيد
    آخر تحديث: منذ يوم واحد • عَرْضٌ مُرَوَّجٌ له
    Executive Lead, Conduct Risk & Consumer Experience

    Executive Lead, Conduct Risk & Consumer Experience

    Mashreq • United Arab Emirates
    A prominent bank in the UAE is seeking a Head of Conduct Management to oversee consumer protection and conduct risk initiatives. This role involves ensuring compliance with regulatory standards, man...أظهر المزيد
    آخر تحديث: 2 منذ أيام • عَرْضٌ مُرَوَّجٌ له
    Director of Risks Operations

    Director of Risks Operations

    inDriver • United Arab Emirates
    Collaborate with Government Relations to ensure compliance with local regulations and conduct risk assessments related to government policies and legislative changes. Partner with the Legal team to ...أظهر المزيد
    آخر تحديث: 9 منذ أيام • عَرْضٌ مُرَوَّجٌ له
    Strategic Lead, Conduct Risk & Consumer Protection

    Strategic Lead, Conduct Risk & Consumer Protection

    Mashreq • United Arab Emirates
    A prominent bank in the UAE is seeking a Head of Conduct Management to oversee consumer protection and conduct risk initiatives. You will ensure compliance with regulatory standards, manage the impl...أظهر المزيد
    آخر تحديث: 6 منذ ساعات • عَرْضٌ مُرَوَّجٌ له • جديد!
    Private Bank - Risk Management, UAE, Middle East - VP

    Private Bank - Risk Management, UAE, Middle East - VP

    Deutsche Bank AG • United Arab Emirates
    Details of the Division and Team.Sanctions and Other Risks Center of Competency Role.To be the Center of Competency for key non-financial risks with a focus primarily on sanctions, financial crime ...أظهر المزيد
    آخر تحديث: منذ يوم واحد • عَرْضٌ مُرَوَّجٌ له
    Senior Director, Strategy & Enterprise Growth

    Senior Director, Strategy & Enterprise Growth

    Ankura Consulting Group, LLC • United Arab Emirates
    A leading consulting firm in the United Arab Emirates is seeking a Senior Director, Management Consulting to provide strategic leadership. In this role, you will act as an executive sponsor for high...أظهر المزيد
    آخر تحديث: 2 منذ أيام • عَرْضٌ مُرَوَّجٌ له
    Senior AML Platform Technology Leader

    Senior AML Platform Technology Leader

    Abu Dhabi Islamic Bank • United Arab Emirates
    A leading bank in the UAE is seeking a Head of Compliance Technology Platforms responsible for overseeing the bank's compliance systems. This senior leadership role focuses on ensuring the resilienc...أظهر المزيد
    آخر تحديث: 8 منذ أيام • عَرْضٌ مُرَوَّجٌ له
    Manager Advisory & Risk

    Manager Advisory & Risk

    athGADLANG • United Arab Emirates
    𝗪𝗘’𝗥𝗘 𝗛𝗜𝗥𝗜𝗡𝗚 | 𝗠𝗔𝗡𝗔𝗚𝗘𝗥 – 𝗥𝗜𝗦𝗞 𝗔𝗗𝗩𝗜𝗦𝗢𝗥𝗬 🚨.𝗟𝗢𝗰𝗔𝕥𝕚𝗈𝗇 : 𝗗𝘂𝘁𝗈𝒶, 𝗨𝗔𝗘 (Candidates must be currently based in UAE). We are looking for an experienced Manager – R...أظهر المزيد
    آخر تحديث: 2 منذ أيام • عَرْضٌ مُرَوَّجٌ له
    Senior Manager, Portfolio Management - Platforms (Eastern Europe)

    Senior Manager, Portfolio Management - Platforms (Eastern Europe)

    Masdar (Abu Dhabi Future Energy Company) • United Arab Emirates
    Senior Manager - Technology (UAE National) YOSH HOSPITALITY LLC OPC.Years Experience | Abu Dhabi, UAE.Manage construction projects, ensuring compliance with specifications, budgets, and quality con...أظهر المزيد
    آخر تحديث: 2 منذ أيام • عَرْضٌ مُرَوَّجٌ له
    Senior Resilience & Crisis Strategy Lead – Middle East

    Senior Resilience & Crisis Strategy Lead – Middle East

    Control Risks Group Holdings Ltd • United Arab Emirates
    A leading consulting firm in the United Arab Emirates seeks a consultant to deliver organisational resilience projects across various sectors. The successful candidate will manage client relationshi...أظهر المزيد
    آخر تحديث: منذ يوم واحد • عَرْضٌ مُرَوَّجٌ له