Job Purpose:

The job purpose is to develop the non-retail credit risk capabilities through leading activities pertaining to the development including calibration of credit risk models, viz., regulatory, non-regulatory and econometric models.

About Us:
First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.
Life at FAB:
Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization
Career Development:
FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.
Our Values:
At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globaly that rewards your hard work and dedication.
Join our team and be part of a journey to shape the future of banking.

Responsibilities:

Key Accountabilities:

Group wide Portfolio Analytics – Non-Retail Risk Models 

• Work with the Head office team and provide specialist analytical views on the risk models and their use in the business, responsible to the business for ensuring that the suite of models is in place and fit for purpose. 

  
  

• Responsible for the development and implementation of new-to-market non-retail credit risk models as per supervisor’s guidance.

  
  

• Ensure the compliance to observations raised by audit, regulatory and internal validation teams.

  
  

• Manage the accurate implementation of models, through providing comprehensive implementation specifications and guidance around UAT testing and approvals. 

  
  

• Manage the process to ensure that model impacts are produced and understood, communicated as necessary to support committee recommendations and timely regulatory submissions. 

  
  

Policies, Systems, Processes & Procedures 

• Identify opportunities to leverage new systems, amend and update processes to deliver higher returns of efficiency, service etc. while maintaining compliance with the relevant policies. 

  
  

• Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner. 

  
  

• Demonstrate compliance to organisation’s values and ethics at all times to support the establishment of a value driven culture within the bank.

  
  

Continuous Improvement

• Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Minimum Qualification

• Post-Graduate in Business Management/Information technology. Relevant certification from GARP/CFA would be an advantage

  
  

Experience

Minimum 5+ years proven experience in banks of comparable size in area of risk management and macro-economic fundamentals.