ECL Valuation Specialist – Credit Risk Modelling (Dubai)

About the role

EY is looking for a Credit Risk Modelling Audit Specialist to join its Assurance ECL Valuation team in Dubai. The role focuses on external audit of IFRS 9 credit risk models for MENA‑region banking clients, ensuring model quality and regulatory compliance.

Key responsibilities

• Act as the technical specialist for external audits of credit risk models (IFRS 9) at audit entities.
• Review model development and validation documentation, assess model performance and perform independent replication.
• Evaluate end‑to‑end credit risk processes, governance, policies and procedures.
• Conduct substantive testing and technical analysis for IFRS 9 and credit risk modelling engagements.
• Support banking risk‑related issues and contribute to regional and national propositions.
• Monitor changes in IFRS 9 requirements and validate or build challenger credit risk measurement models.

Required profile

• Experience in credit risk modelling within a financial institution or professional services firm.
• Strong knowledge of regulatory frameworks such as IFRS 9 and CECL.
• Hands‑on experience with model development, validation and performance assessment for PD, EAD and LGD models.
• Excellent oral and written communication, planning and project management skills.

Required skills

• Credit risk modelling techniques
• IFRS 9 and CECL regulatory requirements
• Programming in SAS, R or Python
• Model validation and performance assessment