Remote Opportunity

Associate Model Validation

Join ADIB as a entry professional working remotely from UAE. Explore the role, benefits, and apply in one place.

Full Time
$60,000 - $100,000*
2 weeks ago
Worldwide
UAE
Model Risk Management & Validation
Entry
Microsoft Office Suite
Python
SAS
+4 more

Job Description

Role: Associate Model Validation Location: Abu Dhabi Role Purpose: * This position is responsible for supporting the MRM team with the day-to-day departmental activities which may include enterprise-wide exercises aimed at assessment of model risk, supporting model governance activities and independent model validation. * The role will include supporting the MRM deal with the tracking and delivery of model validation projects and following up on model governance aspects. * The role requires foundation-level analytical capabilities, communication, and interaction with all key stakeholders within the bank. * The role requires robust quantitative skills, independent thinking and articulate communication skills to interact with a diverse range of stakeholders within Group Risk. * The role holder will be required to have a keen eye for detail and a strong appetite to learn and be tested in different areas. * A sound work ethic and desire for self-development are essential for success. Key accountabilities / responsibilities: Providing proactive support to MRM team on all required matters. Over time, and with appropriate training, the role holder should assist with: * embedding a culture of improved risk decision making and accountability * implementing MRM initiatives and tracking delivery * supporting with the preparation of materials and analyses for committee reporting and risk oversight purposes * learn the principles of and provide support across key areas of MRM, including model inventory management, supporting model validation, following up on model risk issues and findings. * Monitoring adherence to the organization’s 'model risk appetite' * Liaison with other internal and external stakeholders * Developing corresponding communication requirements for new and updated policy documents and working with communication partners in developing communication plans * Operating a MI and reporting mechanism to demonstrate governance of policy and control frameworks, awareness of compliance against risk appetite and reporting * Enhancing and executing ongoing model monitoring and model validation codes and reports * Regular review of the model risk inventory, support in identification of models, updating the model risk tiering and coordinating with stakeholders to ensure timely submission model risk reports and monitoring results. * Following up with governance aspects of model risk management activities and model lifecycle components Specialist skills / technical knowledge required for this role (education & experience): * Excellent Communication skills. * Highly self-motivated and ability to learn rapidly * Strong problem solving, analytical (including qualitative analysis), research, and quantitative skills * Computer skills (e.g. Microsoft Office Suite, R or Python or SAS) * Relevant degree in Quantitative aspects such as Quantitative Finance, Mathematics, Statistics, Actuarial Science, etc. * This position is for UAE Nationals only.

Requirements

  • Providing proactive support to MRM team on all required matters
  • Embedding a culture of improved risk decision making and accountability
  • Implementing MRM initiatives and tracking delivery
  • Supporting with the preparation of materials and analyses for committee reporting and risk oversight purposes
  • Monitoring adherence to the organization's 'model risk appetite'

Benefits

  • Company Retreats
  • Conference Budget
  • Coworking Space
  • Dental Insurance
  • Disability Insurance
  • Employee Assistance Program
  • Employee Discounts
  • Flexible Hours

Skills

Microsoft Office Suite
Python
SAS
Quantitative finance
Mathematics
statistics
Actuarial Science

About AI-Estimated Salary

The salary range shown was not provided by the employer. Our AI has estimated it based on the job title, required experience, location, and industry standards (confidence: 80%). This estimate should be used as a general guide only and may not reflect the actual compensation. Always confirm salary details directly with the employer during the application process.

Ready to Apply?

Join ADIB today

Salary Range (AI-Estimated)*
$60,000 - $100,000
80% confidence
Posted 2 weeks ago

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