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Job

Job Details

Data Scientist

28786
  • Negotiable
  • United Arab Emirates, dubai
  • Permanent
  • Digital Commerce & Enterprise

Data Scientist - Dubai



 



Responsibilities:




  • Ensure the accuracy and reliability of the bank’s risk models (IFRS9, credit risk, regulatory models) through review, validation, performance assessment, and identifying weaknesses.

  • Collaborate with model development teams and stakeholders to ensure models meet regulatory and business requirements.

  • Document, test, and report on models, staying updated with best practices in model validation and risk management.

  • Apply advanced statistical and predictive modeling techniques to validate the bank’s models.

  • Understand the bank’s data and assess models with a focus on data quality and constraints.

  • Validate risk-sensitive models pre- and post-implementation across various disciplines (credit, market, compliance, etc.).

  • Develop a comprehensive model validation process using industry best practices and regulatory guidance.

  • Liaise with internal and external teams to understand model design and provide input throughout the development lifecycle.

  • Ensure adherence to regulatory requirements for model validation as per CBUAE standards.

  • Produce detailed and structured model validation reports.

  • Create challenger models with different methodologies when necessary.

  • Defend validation findings to the model oversight committee and highlight business impacts.

  • Ensure remediation plans are logical and track their closure.



Requirements




  • Bachelor’s degree in Statistics, Computer Science, Mathematics, Operations Research, or a related field.

  • At least 8 years of experience in Data Analytics and modeling within a reputable financial institution, with a preference for risk modeling.

  • Proficient in statistical programming languages such as SAS, Python, and R, with a strong preference for SAS.

  • Extensive experience in model validation and development, particularly with risk models like IFRS , stress tests, and ICAAP, within a reputable financial institution.

  • Additional degrees or certifications in data science or analytics are highly desirable.



Kamal Sahloul Account Manager
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