Model Risk & IFRS9 (Credit Risk)

Location: Dubai, United Arab Emirates

Company

hirify.global is hiring for its UAE operations within the Information Technology department.

What you will do

• Design, implement, and govern end-to-end risk data pipelines aligned with regulatory and modelling requirements.
• Manage data supporting PD, LGD, and EAD models, including default tagging, post-default events, recovery tracking, and exposure computation.
• Support the end-to-end IFRS9 impairment process, including ECL calculation and reporting in a business-as-usual environment.
• Develop IFRS9- and AIRB-compliant credit risk models, application, behavioural, and collections scorecards, and macroeconomic default models.
• Monitor and validate credit risk models according to Basel and other regulatory guidelines.
• Extract and transform database data for analysis and reporting using SQL and BO Reports.

Requirements

• Minimum 5 years of experience in risk and financial services or quantitative modelling.
• Strong expertise in ETL pipeline development, credit risk data management, and IFRS9 model support.
• Strong understanding of IFRS9 regulations and experience managing the end-to-end IFRS9 impairment process.
• Experience developing PD, LGD, and EAD models compliant with IFRS9 and AIRB requirements.
• Experience with application, behavioural, and collections scorecards and macroeconomic default models using linear and logistic regression, CHAID segmentation, and cluster analysis.
• Experience monitoring and validating credit risk models in line with Basel and other regulatory guidelines.
• Programming skills in SAS, Python, R, Excel with VBA, and SQL.
• Excellent analytical skills, attention to detail, and the ability to communicate clearly and effectively at all levels.
• Strong planning, organizing, and control skills, including prioritizing work and using time efficiently.

Culture & Benefits

• Full-time position within the ERM Risk Function and Risk Data Management team.
• Joining timeframe: within 2 weeks, with a maximum of 1 month.