IFRS9 & Retail Credit Risk Modeling Expert

About the Role:

We are seeking an experienced Retail Credit Risk & Modelling Specialist to join a leading financial institution in Riyadh, Saudi Arabia on a 12-month fixed-term contract. This role focuses on developing, validating, and enhancing credit risk models and analytics frameworks, supporting key risk and regulatory initiatives within a dynamic banking environment.

Key Responsibilities:

• Develop, calibrate, and validate IFRS9 models including PD, LGD, and EAD components
• Build and enhance application and behavioural scorecards to support credit decisioning and portfolio performance
• Conduct model validation, stress testing, and ongoing monitoring across retail credit portfolios
• Perform data analysis, segmentation, and exploratory data analysis to support modelling activities
• Support portfolio risk analytics, model calibration, and performance tracking
• Ensure compliance with internal model governance standards and regulatory requirements

Key Requirements:

• Proven experience in retail credit risk modelling within banking, consulting or financial services
• Strong understanding of IFRS9, Basel frameworks and retail credit risk methodologies
• Hands-on experience with SAS, Python or R, SQL and Excel-based modelling
• Strong background in scorecard development, model validation, and portfolio analytics
• Experience working within model governance frameworks and regulatory environments
• Excellent analytical skills, attention to detail, and ability to manage multiple modelling work streams