Assistant Manager – Model Risk Management

🔥 0 minutes ago

🇪🇬 Egypt – Remote

⏰ Full Time

🟡 Mid-level

🟠 Senior

🎲 Risk

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Logo of Mashreq

Mashreq

1001 - 5000 employees

Founded 1967

🏦 Banking

💸 Finance

💳 Fintech

Banking • Finance • Fintech

Mashreq is a leading financial institution based in the UAE, offering a wide range of banking services including personal, corporate, and investment banking. The bank focuses on providing innovative financial solutions to its customers and has a strong digital banking presence.

📋 Description

• Assist in end-to-end management of model risk within Mashreq group • Focus on model validation and its related activities • Work on PD, EAD, LGD and Macroeconomic models from Credit Risk • Work on VaR/PSRE/CVA/FRTB models from Market Risk • Assist in the adequate maintenance of enterprise-wide model validation standards • Assist in managing model risk governance issues • Prepare model performance related reports for consumption by senior stakeholders within the bank

🎯 Requirements

• 3+ years of experience in the BFSI sector with understanding of risk management and risk quantification processes • Master’s (or Bachelor’s with at least 2 extra years of experience) in Statistics, Mathematics, Operations Research, Engineering or related fields • Knowledge of different types of risks such as Credit, Market, Operational etc. • Understanding of model development and validation processes • Strong quantitative skills • Strong written and communication skills • Hands-on experience of working on SAS, Python, R from model development/validation perspective • Professional Qualifications such as FRM is a plus • Sound knowledge of Microsoft Office tools such as Excel, Power point, Word • Team player, self-starter, innovative and highly motivated.

🏖️ Benefits

• Regular interaction and working relationship with Wholesale Risk Management • Retail Risk Management • Market & Operational Risk Management • Group Finance and CAD • Audit & Compliance • Business Units

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