Assistant Manager - Model Monitoring (UAE National)

In line with the UAE Government's strategy in empowering and developing nationals, Emirates NBD is committed to welcoming the young generation into an innovative, modern and supportive work environment to contribute to the nation's success. We are looking to find the best UAEN talen t to join our ENBD famil y.

Organization Unit Purpose The purpose of Group Risk Management unit is to ensure sound risk management practices in the organization and meet regulatory requirements.

The unit has several deliverables that include Basel II compliance, Central bank reporting, IFRS 9 loss provisioning, Internal ratings and embedding them in business processes, AML & compliance, operational loss reporting, risk reviews etc.

Job Purpose The prime responsibilities of Assistant Manager –Model Monitoring will be – Assist the Manager Model Monitoring to manage interim tasks related to monitoring of retail and wholesale credit risk scorecards and models that are developed in-house and/or externally on an ongoing basis Tasks related to monitor credit risk models across Emirates NBD Group – comprising Emirates NBD Bank, Emirates Islamic, Emirates Money, Emirates NBD Egypt and Emirates NBD KSA Understand and comply to the established model monitoring best practices and processes within the organization Prepare and collate monitoring results Built reputation and collaborative relationships within the monitoring team Job Content 1.

Comply to model monitoring framework and standards Work on retail and wholesale models to comply with the accepted monitoring methodology, metrics, benchmarks and guidelines customized to specific requirements of various kind of scorecards and models being leveraged currently in the organization Understand and comply to the relevant documentation on model monitoring as a part of internal IP 2.

Monitoring tasks related to – a. Retail application, behaviour, collection and recovery scorecards. b. Wholesale (Large corporate, Sovereign, SME etc.) rating models c. Basel II Models – PD, EAD and LGD. d. IFRS 9 Models – Expected Loss, Long term and PIT PD.

+ Follow the annual model monitoring schedule incorporating models to be monitored and adhere to timelines for sharing data, sharing model specifics and model monitoring results Perform model monitoring tasks as per the adopted monitoring methodology and prepare the results as per schedule 3.

Self-assessment and growth in building a result-oriented attitude Keep an active channel of communication within the team to share monitoring results and run self-assessment of shortcomings that suggest observed points of failure Work on independently handling model monitoring tasks and co-ordinate with internal clients on necessary requirements including – SAS codes for creation of data base, scoring, good/bad tagging etc.

; Model development specifics like development period, characteristics, OOT validation period etc. ; on regular basis Education Bachelor's Degree in Math, Statistics, Physics, Engineering Experiences 1- 2 years of experience Knowledge & Skills Understanding of statistical techniques in general at least.

Python, SAS, VBA, SQL, Maths OR Statistics Excellent verbal and written communication abilities Presentation skills