🌎
This job posting isn't available in all website languages

Vice President (Senior IFRS9 & Risk Modeller)

📁
Risk
📅
HEA001942 Requisition #

Strategic Contribution

  • Development and maintenance of IFRS9 models to accurately measure risk and ECL measures.
  • Development and maintenance of macro models to generate scenarios and scenario probabilities
  • Evaluate IFRS9 risk drivers to ensure they are commensurate with business models and regulatory requirements, provide suitable recommendations
  • Work with other units like Fraud & Collections to create an overall analytical risk framework at enterprise level
  • Advise Business and Credit on new business lines and expansion into new portfolio segments and countries

Policies, Systems, Processes & Procedures

  • Adherence to IFRS9 Governance, Model Risk management policies and other relevant policies
  • Work along with relevant stakeholders to ensure models are updated in calculation engines
  • Responsible for data quality checks of model variables and escalation to relevant stakeholders
  • Liaise with external agencies, including rating agencies, regulators and the credit bureaus

Continuous Improvement

  • Provide recommendation to appropriate committees on corrective action to be taken (model recalibration, refinement or redevelopment), perform the action as directed and liaise with technology teams to implement the changes
  • Analyze policies and procedures consuming the ratings, advice Business and Credit on corrective action to be taken.
  • Perform what-if analyses to understand movements in ECL and provide recommendations to optimize ECL at business, product and segment levels

Reporting

  • Prepare timely governance reports to highlight model governance issues to respective committees
  • Provide timely ECL reports to Enterprise

Team Supervision

  •  Guide/mentor new members on latest analytical developments in industry to maximize team output
  • Regular assessment of member performance and providing constructive feedback
  • Provide on the job training/enhance skill set to support their overall development

Minimum Qualification

  • Masters in Statistics/ Economics/ Finance/, qualifications such as CFA/FRM

Minimum Experience

  • Minimum 10 years’ experience in regulatory modelling (Basel/ IFRS9/Credit Risk)

  • Familiarity in SAS, R, Python and  SQL

  • Strong understanding of banking products and credit processes

  • Proven experience in stakeholder management

Previous Job Searches

Activity Feed

5871
Job shares through First Abu Dhabi Bank
Someone applied to the VP, Digital Technology & Channel Development position. 4 minutes ago
Someone applied to the VP, Digital Technology & Channel Development position. 6 minutes ago
Someone applied to the VP, Digital Technology & Channel Development position. 8 minutes ago
Someone applied to the VP, Digital Technology & Channel Development position. 10 minutes ago
Someone applied to the Director, Elite Banking position. 11 minutes ago