Risk Policy and Governance Expert

4 days ago


Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time
Risk Policy and Governance Expert

We are seeking an experienced professional to join our team as a Risk Policy and Governance Expert. The successful candidate will be responsible for developing and implementing risk policy and governance frameworks across all model family types within the bank.

Your key responsibilities will include:

  1. Developing and maintaining risk policy and governance frameworks
  2. Ensuring compliance with regulatory requirements and industry best practices
  3. Conducting quality control checks on satellite model risk policies and procedures
  4. Facilitating technical working groups for Credit Risk models and implementing the model risk governance platform
  5. Providing data and analysis to senior management to inform discussions on market trends and upcoming regulations
Requirements

To be considered for this role, you will need:

  • A Master's degree in a quantitative field (e.g., statistics, mathematics, economics) from a reputable university
  • At least 12 years of relevant experience in successfully executing model development and validation/monitoring roles, preferably in a bank or financial institution
  • Strong quantitative and risk management skills, with a proven track record of working with experienced modeling professionals
  • A deep understanding of statistical tests used for modeling, including stability, accuracy, and risk discrimination
  • Knowledge of latest risk modeling regulations and expectations on model governance
  • Experience working with audit and regulatory teams
  • Hands-on experience with model development and validation, particularly in decision models (application behavior and collections) and regulatory models (IFRS9 PD EAD and LGD)
  • Excellent interpersonal and communication skills, both written and verbal


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