Assistant Risk Modeling Manager

Risk Rating Models:

• Periodically update policies and procedures related to management of risk rating models.
• Custodian of the Bank’s risk rating inventory.
• Monitor data quality checks and override ratios of risk rating system on quarterly basis.
• Conduct quarterly monitoring and annual validation of risk rating models in accordance with the approved validation procedures.
• Obtain the required internal approvals for any proposed change to the existing risk rating models and ensure compliance with approved policies.
• Facilitate resolution of risk rating model-related issues with business users.
• Maintain internal facility rating model and update it in line with regulatory changes.
• Facilitate and support the development and implementation of risk rating development.
• Follow-up on IT related issues concerning risk rating systems.
• Update and maintain model factors in accordance with approved policies, including industry risk answers and internal databases.
• Highlight and propose model changes to management based on findings and internal validation thresholds.
• Provision of data submission to credit bureau, when needed.

QUALIFICATIONS

Bachelor’s or master's Degree in relevant major.

EXPERIENCE

Starting from 4 years of relevant experience.

SKILLS

• In-depth knowledge of risk rating model development, including design, calibration, and implementation for retail and non-retail portfolios
• Strong understanding of analytical risk models, risk dashboards and associated metrics.
• Strong experience in model validation techniques, including back-testing, benchmarking, and performance monitoring in line with Basel standards.
• Proficient in monitoring model performance metrics such as override ratios, discriminatory power, and data quality indicators
• Familiarity with internal rating systems and facility rating models, including periodic updates based on regulatory changes
• Knowledge of Risk management governance framework and control mechanisms.
• Proficiency in Microsoft Word and Excel including VBA programming.
• Strong financial and analytical skills with the ability to interpret complex data and translate insights into actionable recommendations Hands-on experience with analytical and statistical tools as R, SQL, and SAS. Excellent business acumen with broad exposure to financial modelling practices
• Project Management capabilities, including planning, coordination, and execution
• Good knowledge of Basel Accord (II & III) standards.

BEHAVIOURAL COMPETENCIES

• Strong interpersonal and leadership skills
• Communication Skills
• Strategic and tactical analysis, consultative, decision making and communication skills
• Initiative
• Building self & others
• Problem- solving