Manager Model Management

1 week ago


Dubai, Dubai, United Arab Emirates Deem Finance Full time
Job OverviewLead the model risk management initiative for the organization covering model lifecycle management and model inventoryMonitor, validate existing scorecards such as Application scorecard, behavior scorecard, collection scorecardsDevelop new scorecards based on strategic requirement of the organizationDevelop/ maintain IFRS 9 PD models to make sure regularity requirements are coveredEnsure automated tracking of model performance and impact on credit portfolioKey duties and ResponsibilitiesStrategic Ownership of model inventory and make sure model risk management is aligned with model risk management policyHighlight model change/re-calibration requirement to department headTake lead in new model development processMaking sure PD, EAD, LGD models are aligned with IFRS 9 requirementsDevelop and update macroeconomic models required for IFRS 9Timely report model performance covering Gini, population stability, characteristic stability to department headCreate challenger models to test the performance compared to champion modelsSuggest methods/data points to enrich existing modelsWork with Manager Decision Engine to implement models in production environmentCreate automated MIS to track portfolio performanceCreate plans to enhance existing models using machine learning Tactical and OperationalAbility to understand the business needs & strategiesPreparing analysis of key quantitative & qualitative tasks influencing the credit capacity of customerAbility to work under ambiguity to refine analysis based on data trendsEnergetic self starterAbility to explain topics of analytical complexity in business termsThe candidate will need to constantly challenge the status quo & facilitate constructive discussions that lead to continuous improvement in strategies, procedures and processesHigh productivity, work ethic and result oriented mind-setAbility to work within a matrix structure whilst holding responsibility for the outcomeCommunicate these impacts and findings to the various stakeholdersBuild and maintain good working relationships with key business stakeholdersSuperior written, spoken and interpersonal skillsPosition RequirementsWork ExperienceA minimum of 3 years' experience in Model development/validationProven work experience in handling PD, EAD, LGD Model and stress testingProven work experience of building macroeconomic model for IFRS 9Experience in machine learning is preferredExperience in development/ maintenance of application/ behaviour/ collection scorecardEducational QualificationBachelor's degree in one of the following areas: Mathematics, Statistics, Economics, Engineering, Computer Science, Information Systems or similar degrees Skills / Behavior AttributesTechnical skillsSAS/R/PythonPower BI/TableauSQLBehavior SkillsThe ability to understand the business needs and strategiesAbility to work within a matrix structure whilst holding responsibility for the outcomes
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