The Risk Modeling Manager in Riyadh will be responsible in leading the development, validation and implementation of Basel 2 compliant risk rating, scenario analysis and economics capital models, ensuring compliance with the Basel 2 Internal Rating Based (IRB) approach across the b asset portfolios. The IRB approach is based on the use of internal models that will estimate the Basel 2 risk parameters (Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD) as well as retail customer segmentation) which must be fit for purpose and implemented in accordance with the bank's model governance framework
Client Details
Large local bank
Description
The Risk Modeling Manager will have the following responsibilities:
- Oversee and validate all of the bank's risk Models for estimation of Basel II Risk Parameter Estimates as per the bank Model Development Standards.- Ensuring compliance of commercial Basel II Models in production- Ensuring that the Risk Parameters used in Regulatory Capital Computation are correct.- Coaching staff members on Credit Risk Models and providing guidance when required- Controlling operational, compliance, information, and reputational and audit risks connected with SABB's business activities, including establishing high standards of Data quality and integrity.- Providing support and assistance to other sections within Risk Management to ensure smooth and continuous operation.
Profile
The Risk Modeling Manager should have the following experience:
- Extensive knowledge of Statistics and Econometrics- Ability to develop and critically evaluate Credit Risk Models- A practical knowledge of Statistical Software- Credit & Basel II Knowledge.- Knowledge of Banking and Financial Services domain
Job Offer
Competitive package
Job Details
| Date Posted: | 2016-05-15 |
| Job Location: | Riyadh, Saudi Arabia |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Banking |
Preferred Candidate
| Career Level: | Management |
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