Vice President - Risk Analytics

About the role

Rakbank is building a resilient, data‑driven risk management framework to support sustainable growth and regulatory excellence. As Vice President – Risk Analytics you will lead the bank’s regulatory modelling, impairment analytics and portfolio risk measurement across multiple business lines.

Key responsibilities

• Lead development, enhancement and governance of regulatory risk models including PD, LGD, EAD, rating models and ECL methodologies across Retail, SME, Wholesale, FI and Investment portfolios.
• Oversee the full model lifecycle – development, recalibration, monitoring, implementation and retirement – ensuring compliance with IFRS 9, CBUAE regulations and internal model risk frameworks.
• Manage quarterly and monthly ECL production, deliver timely submissions to management, finance, audit and regulators, and review macro‑economic forecasting and scenario design.
• Coordinate with Model Validation, Internal Audit, External Audit, Finance and regulatory authorities, establishing model standards, documentation and governance practices.
• Provide strategic risk insights to senior committees, support stress‑testing and ICAAP exercises, and stay current with evolving IFRS 9 standards.

Required profile

• Master’s degree in Statistics, Mathematics, Econometrics, Finance, Data Science or a related quantitative discipline.
• 12‑15 years of experience in credit risk analytics, regulatory modelling or quantitative risk functions.
• Proven leadership of modelling and analytics teams, with strong stakeholder‑management capabilities.
• Deep knowledge of IFRS 9, PD, LGD, EAD, rating models, stress testing and model risk governance.

Required skills

• Python
• SAS
• SQL
• Databricks
• ECL methodologies
• IFRS 9
• PD, LGD, EAD rating models