VAM Systems

Manager – IFRS 9 Risk Data & Model Implementation

VAM Systems · Dubai, UAE
Dubai, UAE Closed
Applications are closed for this role. It was originally posted 2026-07-23. It’s no longer accepting applicants — see roles VAM Systems is still hiring for →, or browse the live openings below.
Type
Full-time
Experience
5+ yr

We are currently looking for Manager – IFRS 9 Risk Data & Model Implementation for our UAE operations

Role Purpose:

This role demands a highly technical, data-driven professional with strong expertise in ETL pipeline development, credit risk data management, and IFRS9 model support. The incumbent will lead the design, implementation, and governance of end-to-end risk data pipelines, ensuring alignment with regulatory and modelling requirements.

As part of the ERM – Risk Function, the Risk Data Management team plays a critical role in meeting CBUAE, IFRS9, and Basel II/III requirements. The role is responsible for ensuring availability, accuracy, and traceability of data used in PD, LGD, and EAD models, including default tagging, post-default events, recovery tracking, and exposure computation.

Key Responsibilities:

1. ETL & Risk Data Engineering

  • Design, develop and maintain scalable ETL pipelines using SQL, Python, and SAS
  • Support datasets for default identification, post-default events, recovery, and exposure
  • Implement incremental and full-load strategies ensuring no duplication or leakage
  • Optimize SQL for large-scale distributed processing environments
  • Integrate data from core banking, collections, GSAM, and external sources

2. IFRS9 & Credit Risk Data Management

  • Translating IFRS9 methodology into technical data pipelines
  • Support PD, LGD, EAD model data preparation
  • Implement staging (Stage 1/2/3), default, and curing logic
  • Handle recoveries, write-offs, restructures, and exposure calculations

3. Model Implementation & Validation Support

  • Provision model-ready datasets for deployment
  • Support feature engineering, segmentation, and backtesting datasets
  • Perform reconciliation with developed/reference outputs and identify mismatches

4. Data Quality & Governance

  • Develop DQ frameworks covering completeness, accuracy, and consistency
  • Perform root cause analysis on data issues
  • Ensure full data lineage and traceability

5. Risk Technology & System Integration

  • Collaborate with IT for system integration and model deployment
  • Support risk system migration and upgrades
  • Perform testing for data migration and model accuracy

6. Automation & Reporting

  • Automate regulatory and internal reporting processes
  • Prepare datasets for dashboards and regulatory submissions
  • Support reporting tools such as Power BI and BusinessObjects

Preferred Tools & Technologies:

SQL (Impala, Hive, Oracle), Python, SAS, Cloudera CDP, Power BI, SAP BO

Core Domain Expertise:

IFRS9, Basel II/III, PD/LGD/EAD modelling, credit risk data lifecycle

Terms and conditions

Joining time frame: Immediate

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