linkedin
Credit Risk Specialist
AJMS Global
Dubai, UAE
Full Time
Mid
Onsite
AED 8,000 10,000/month / month
1 weeks ago
Credit Risk ModelingIFRS 9Stress TestingMicrosoft ExcelData ManagementModel Governance
Free
Job Fit Check
Base Career helps you apply smarter for this job.
?%
Ready to ScanKey skills for this role
Credit Risk ModelingIFRS 9Stress Testing
About the Role
AJMS Global seeks a Credit Risk Specialist for on-site deployment at a Dubai bank. Responsible for executing credit risk stress testing, IFRS 9 models, and ensuring data quality and governance.
Key Skills for This Role
Credit Risk ModelingIFRS 9Stress TestingMicrosoft ExcelData ManagementModel Governance
Responsibilities
- Execute existing quantitative models according to required monthly, quarterly, and annual reporting frequencies
- Support and run the day to day execution of IFRS 9 Expected Credit Loss (ECL) components and Credit Risk Stress Testing frameworks
- Maintain and operate additional core models across Capital Management, Stress Testing, and Asset Liability Management
- Perform robust sense checks and output validations prior to submission
- Apply and document required human judgment and overlays in line with the bank's approved override policy
- Conduct recurring data quality checks for completeness, accuracy, timeliness, and consistency
- Monitor automated and manual data sources to identify and flag breaks, gaps, or data anomalies
- Manage day to day operations aligned with the established model governance framework
- Assist in preparing high quality periodic reporting packs for the Model Oversight Committee and the Board
Requirements
- Bachelor’s degree in a highly quantitative discipline such as Risk Management, Finance, Statistics, Financial Engineering, Economics, or Mathematics
- 2 to 4 years of proven hands on experience in Credit Risk modeling, IFRS 9 / ECL frameworks, and stress testing
- Elite level command of Microsoft Excel (complex formulas, logic troubleshooting, and macro auditing)
- Familiarity with specialized risk execution software platforms is a strong asset
- Foundational understanding of CBUAE regulatory standards concerning model risk management
- Strong analytical eye for capturing data gaps and detailed documentation habits
Full Job Posting
JOB PURPOSE
- Dubai, UAE (On site Bank Deployment) AED 8,000 – AED 10,000 per month (All inclusive)
- On behalf of AJMS Global, the selected candidate will be deployed as a dedicated on site resource embedded within a prominent banking client in Dubai.
- The professional will be responsible for the day to day operation, execution, and monitoring of the bank’s suite of risk models.
- Primary focus on Credit Risk Stress Testing and IFRS 9 / Impairment analytics, alongside capital, liquidity, and ALM frameworks.
KEY RESPONSIBILITIES
- Periodic Model Runs: Execute existing quantitative models according to required frequencies.
- Credit Risk & IFRS 9 Frameworks: Support and run day to day execution of IFRS 9 ECL components and Credit Risk Stress Testing.
- Model Suite Maintenance: Maintain and operate additional core models across Capital Management, Stress Testing, and ALM.
- Output Review: Perform robust sense checks and output validations.
- Human Judgment Log: Apply and document required human judgment and overlays.
- Data Quality Checks: Conduct recurring validation checks for data completeness, accuracy, timeliness, and consistency.
- Data Source Monitoring: Continuously monitor data sources to identify and flag breaks.
- Exception Reporting: Log data management exceptions and cooperate with IT teams.
- Framework Adherence: Manage day to day operations aligned with model governance framework.
- Model Risk Monitoring: Monitor and report Model Risk trends.
- Inventory Control: Keep the bank's model inventory and lifecycle status logs current.
- Oversight Packs: Assist in preparing reporting packs for Model Oversight Committee and Board.
QUALIFICATIONS & EXPERIENCE
- Education: Bachelor’s degree in a highly quantitative discipline.
- Experience: 2 to 4 years of proven hands on experience in Credit Risk modeling, IFRS 9 / ECL frameworks, and stress testing.
- Technical Proficiency: Elite level command of Microsoft Excel is mandatory.
- Regulatory Insight: Foundational understanding of CBUAE regulatory standards.
- Attributes: Strong analytical eye, detailed documentation habits, collaborative mindset.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career