Job Description
To ensure development, implementation, and maintenance of retail credit risk IFRS 9 models for ECL/provisioning, and provide ECL analytics as required.
Duties and Responsibilities
Your main responsibilities in this role include the following:
Development of credit risk IFRS 9 models for retail portfolios
Implementation and maintenance of IFRS 9 models on an ongoing basis
End to end responsibility of the IFRS 9 ECL run ie from the Scoping of Assets to sharing the final ECL accounting entries to be passed.
Reconciliation & maintenance of control processes within the IFRS 9 space.
Automation of regulatory reports & transformation of existing manual processes.
Assist in preparing management reports which are to be presented to senior forums & committees.
Automation of monthly IFRS 9 reports.
Involvement in augmenting the existing Pillar 1 calculation approach under the new Pillar 1 CBUAE standards.
To play a role in adhoc regulatory submissions to regulators of all jurisdictions.
Job Requirements
3 years hands on experience in model building methodologies, implementation and compliance.
Expert knowledge of credit scoring techniques
Degree in a Quantitative Field / Statistics / Actuarial Science / Mathematics (Finance exposure would be a plus);
Strong analytical, numerical, research and problem solving skills
Advanced statistical software skills such as SAS and R
Proficient in MS Office, Experience in SQL
Ability to present technical concepts for business understanding
Team player, self-starter, innovative and highly motivated
Job Details
Company: Mashreq Bank
Employment Type: Full-time
Job Location: Dubai, United Arab Emirates
