Job Description

Job Category: NES Job Group
:
JOB DESCRIPTION
1 Job Title - Senior Manager - Retail Risk Analytics, Credit Risk Modelling & IFRS9
Department - Risk Management
Band - 'K+'
Direct Supervisor: - VP - Retail Risk Analytics, Credit Risk Modelling & IFRS9
2 Job Purpose
To ensure development, implementation, and maintenance of credit risk scorecards for credit risk management decisions, and provide analytical solutions to policy managers as situations/events warrant
3 Key Result Areas

• Responsible for the development, implementation and maintenance of credit scoring models/assessment tools, strategies and capital estimate modeling of PD, LGD and EAD that apply to retail portfolios across life cycle
• Monitor, Document and communicate the functionality of credit risk methods & models to various stakeholders
• Provide recommendations to update the model based on latest data and analysis
• Prepare / support Basel team on regulatory reports relating to retail credit portfolio in line with internal & regulatory requirement
• Assist in implementation of IFRS 9, development of Basel models for the entire retail portfolio
• Deploy the models on rating system and work with IT for effective maintenance of the scoring related information
• Identify analytical opportunity across credit life cycle - Acquisition, Portfolio Management and Collection
• Required to develop data-driven analytics to monitor the asset quality and minimize the credit risk of retail portfolio
• Carry out analytical projects together with policy when credit events warrant as required
• Ensure timely communication of scorecard monitoring and validation along with insights and recommendation
• Contribution to the formulation of a successful growing team
• Perform other duties as assigned

4 Operating Environment, Framework and Boundaries, Working Relationships
Regular interaction and working relationship with

• Retail Credit Policy
• Segment Heads - Business and Marketing
• Group Finance and CAD
• Credit Systems
• Executive Management

5 Problem Solving
Candidate must

• Strong analytical and problem-solving skills
• Have understanding of credit scorecard concepts and best practices in risk modeling
• Have strong prior end-to-end experience with respect to scorecard development, implementation, refinement and validation within either a retail or wholesale environment
• Have practical IT experience of SAS, Oracle, Microsoft and web-based systems
• Stakeholder management skills
• Capacity to communicate at all levels
• Possess strong verbal and written communication skills

6 Decision Making Authority & Responsibility

• Responsible for model ownership and authorization
• Ensure that the models are compliant with Regulatory requirements such as CB MMS & MMG
• Be responsible for model changes and authorization thereof
• Ensure seamless validation of model results
• Ensure model 'black box' integrity - model confidentiality

7 Knowledge, Skills and Experience

• Minimum 5 years hands on experience in model building methodologies, implementation and compliance.
• Expert knowledge of credit scoring techniques
• Degree in Quantitative / Statistics / Actuarial Science / Mathematics (Finance exposure would be a plus);
• Strong analytical, numerical, research and problem-solving skills
• Advanced statistical software skills (e.g. SAS)
• Proficient in MS Office, Experience in SQL
• Experience in open source scripting such as Python/R
• Experience in working with big data such as Hadoop
• Ability to present technical concepts for business understanding
• Team player, self-starter, innovative and highly motivated

About Us:
The leading financial institution in MENA
While more than half a century old, we proudly think like a challenger, startup, and innovator
in banking and finance, powered by a diverse and dynamic team who put customers first.
Together, we pioneer key innovations and developments in banking and financial services.
Our mandate? To help customers find their way to Rise Every Day, partnering with them through
the highs and lows to help them reach their goals and unlock their unique vision of success.
Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.
We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.

Skills Required