Senior Lead - Group Model Risk Governance
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
Emirates NBD seeks a Senior Lead for Group Model Risk Governance to oversee model risk framework, manage model inventory, and report to senior management and regulators. The role is governance-focused, requiring strong knowledge of MRM frameworks and regulations.
Key Skills for This Role
Responsibilities
- Manage the Group Model Inventory, ensuring accurate model registration, classification, and risk tiering
- Act as key liaison between model owners, validation teams, and internal audit
- Maintain consolidated model issue log and monitor remediation actions
- Escalate overdue findings and track issue ageing
- Design, maintain, and periodically review the Group Model Risk Governance Framework
- Ensure compliance with CBUAE MMS&G and industry best practices
- Analyse model risk data, perform risk tiering assessments, and monitor model performance trends
- Prepare Model Risk Reports and management submissions for senior committees
- Support regulatory submissions, gap assessments, and remediation plans
- Maintain Group Model Governance and Management Framework (GMGMF)
- Maintain Group Model Validation Standards (GMVS)
- Support development and maintenance of the AI Model Governance Framework
Requirements
- Minimum 7 years of relevant experience within banking, risk, consulting, or financial services environment
- Strong knowledge of Model Risk Management (MRM) frameworks and regulations including CBUAE MMS&G, SR 11 7, PRA and EBA guidelines
- Experience within IRB accredited banks
- Experience in IRB and IFRS 9 credit risk models, model governance, model validation, or model risk management functions
- Strong quantitative background with knowledge of statistics, model performance metrics, regression techniques, and risk analytics
- Understanding of AI/ML model governance, explainability, fairness, bias assessment, and data quality controls
- Degree in Actuarial Science, Financial Engineering, or related quantitative discipline
- Postgraduate qualification in Mathematics, Statistics, Econometrics, or similar quantitative subject
- Proficiency in Python, SAS, and/or Excel VBA
- Excellent communication and presentation skills
Full Job Posting
Job Overview
- The role is responsible for governance and oversight of model risk across the Group.
- Responsibilities include managing the model lifecycle, maintaining the model risk framework, and reporting model risk to senior management, committees, and regulators.
- This is a governance focused role and does not involve model development or validation.
Key Responsibilities
- Manage the Group Model Inventory, ensuring accurate model registration, classification, and risk tiering.
- Act as the key liaison between model owners, validation teams, and internal audit.
- Maintain the consolidated model issue log and monitor remediation actions.
- Escalate overdue findings and track issue ageing.
- Design, maintain, and periodically review the Group Model Risk Governance Framework.
- Ensure compliance with CBUAE MMS&G and industry best practices.
- Analyse model risk data, perform risk tiering assessments, and monitor model performance trends.
- Prepare Model Risk Reports and management submissions for senior committees.
- Support regulatory submissions, gap assessments, and remediation plans.
- Maintain Group Model Governance and Management Framework (GMGMF).
- Maintain Group Model Validation Standards (GMVS).
- Support development and maintenance of the AI Model Governance Framework.
Skills And Experience
- Strong knowledge of Model Risk Management (MRM) frameworks and regulations including CBUAE MMS&G, SR 11 7, PRA and EBA guidelines.
- Experience within IRB accredited banks.
- Experience in IRB and IFRS 9 credit risk models, model governance, model validation, or model risk management functions.
- Strong quantitative background with knowledge of statistics, model performance metrics, regression techniques, and risk analytics.
- Understanding of AI/ML model governance, explainability, fairness, bias assessment, and data quality controls.
- Minimum 7 years of relevant experience within a banking, risk, consulting, or financial services environment.
- Proficiency in Python, SAS, and/or Excel VBA would be advantageous.
Education
- Degree in Actuarial Science, Financial Engineering, or related quantitative discipline.
- Postgraduate qualification in Mathematics, Statistics, Econometrics, or similar quantitative subject.
Professional Certifications (Desirable)
- Certificate in Quantitative Finance (CQF)
- Financial Risk Manager (FRM)
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
More from this employer
More jobs at Emirates NBD
Product Manager - Bancassurance
Abu Dhabi, UAE
Emirates NBD is looking for a Product Manager to support the launch, setup, and maintenance of Bancassurance products. The role involves managing the insurance P&L, driving digital initiatives, and collaborating with cro
Head of Operational Risk Technology and Transformation
Dubai, UAE
Emirates NBD is seeking a Head of Operational Risk Technology and Transformation to lead enterprise-wide operational risk transformation and major programmes. The role represents the Operational Risk function at senior g
Head of Operational Risk Technology and Transformation
Dubai, UAE
Emirates NBD seeks a Head of Operational Risk Technology and Transformation to lead enterprise-wide operational risk transformation and major programmes. The role requires over 10 years of experience leading multidiscipl
Customer Relationship Officer (UAE Nationals)
Abu Dhabi, UAE
Emirates NBD seeks a Customer Relationship Officer (UAE Nationals) to offer financial guidance, advise on suitable products and services, and assist with banking needs. The role involves cross-selling and meeting financi
Governance Specialist - Wealth Management (UAE Nationals)
Abu Dhabi, UAE
Emirates NBD seeks a Governance Specialist for Wealth Management to support governance initiatives, regulatory compliance, and project delivery. The role requires 1-5 years of banking, operations, compliance, or governan
Retail Banking Officer
Abu Dhabi, UAE
Emirates NBD seeks a Retail Banking Officer to sell credit cards, personal finance, and bank accounts to existing and prospective customers in the UAE. The role involves cross-selling other retail banking products and pr
Consultant - Account Services Associate
Dubai, UAE
Emirates NBD seeks an Account Services Associate to perform Customer Due Diligence (CDD) reviews and KYC refresh activities. The role involves verifying customer information, assessing risk ratings, and ensuring complian
Assistant Manager - Document Lodgement (UAE National)
Dubai, UAE
Emirates NBD is hiring an Assistant Manager for Document Lodgement to provide credit administration and operations support to business segments. The role involves reviewing executed credit/legal documents, ensuring compl
Product Manager - Bancassurance
Abu Dhabi, UAE
Head of Operational Risk Technology and Transformation
Dubai, UAE
Head of Operational Risk Technology and Transformation
Dubai, UAE
Customer Relationship Officer (UAE Nationals)
Abu Dhabi, UAE
Governance Specialist - Wealth Management (UAE Nationals)
Abu Dhabi, UAE
Retail Banking Officer
Abu Dhabi, UAE
Consultant - Account Services Associate
Dubai, UAE
Assistant Manager - Document Lodgement (UAE National)
Dubai, UAE