Assistant Manager - Model Monitoring; UAE National

Job description

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 family.

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

Nationality

United Arab Emirates