Avp Risk Modelling.

Dubai, United Arab Emirates

Job Description

Job Purpose Manage the risk modeling & stress testing activities which includes model validation and governance to develop scientific models, in order to analyse and predict risk impacts affecting the bank. Key Responsibilities

  • Responsible to conduct robust and comprehensive validation of Bank's internal and external models, in order to assess the risk impacts.
  • Develop sound and efficient model validation process and techniques, in line with the department's standards.
  • Assess model risk and make recommendations on model use.
  • Develop and maintain a model inventory and ensure the inventory is complete, accurate, and consistent with the model validation policy.
  • Help establish the model validation scope, assessment of validation results, and lead internal communication with stakeholders.
  • Ensure validation of conceptual design & system, data & processes for models, in line with the department's standards.
  • Coach, train and develop team member skills by identifying training needs and assign appropriate learning platform to the team.
Education Qualified Actuary (SOA) or PhD/Master's degree in a quantitative field e.g. engineering, statistics, econometrics required. FRM/CFA will be a plus. Work Experience Minimum of 7-8 years of work experience in model development or model validation in the Banking industry. Job Types: Full-time, Permanent Ability to commute/relocate:
  • Dubai: Reliably commute or planning to relocate before starting work (Required)

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Job Detail

  • Job Id
    JD1454897
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned