Top Careers - Jobs Site in Gulf Emirates - Latest Jobs in Dubai UAE, Saudi Arabia, Oman, Qatar, Bahrain, Kuwait & GCC. Free Jobs Posting Site in Dubai & the Middle East Gulf.

jobs in UAE Dubai Abu Dhabi Sharjah Ajman

UAE JOBS

Jobs in Saudi Arabia

Saudi Jobs

jobs in kuwait

Kuwait Jobs

jobs in oman

Oman Jobs

jobs in Qatar

Qatar Jobs

jobs in bahrain

Bahrain Jobs

Dubai Jobs

Abudhabi Jobs

Sharjah Jobs

RAK Jobs

UAQ Jobs

Fujairah Jobs

Riyadh Jobs

Dammam Jobs

Jobs for Indians

Jobs for Pakistanis

Jobs for Philippines

Jobs for other Nationalities

Attention Employers! We are one of the best FREE job posting sites in UAE and GCC emirates. Sign-up and start with 10 Free Job Posting now


Non Retail Credit Validation Job Vacancy in UAE Dubai

Posted date [2024-09-06]   (ID: 31608)
| Share
Holders of the Guinness World Record for the "Largest Fireworks Display" ever recorded and "Largest Pyrotechnic Image", Fireworks by Grucci is a sixth-generation, family-owned and operated company. Known as "America's First Family of Fireworks," the Gruccis have transformed the night skies to the delight of millions across the globe since 1850. They are world-renowned for pyrotechnic artistry, scientific innovation and old-fashioned values. Their signature performances include the official celebration of the 200th Anniversary of the National Anthem “Star Spangled Spectacular,” in Baltimore, countless performances in and around Las Vegas, NV., seven consecutive U.S. Presidential Inaugurations; the Olympic Games in Beijing, Salt Lake City, Los Angeles and Lake Placid; commemorations such as the Centennial of the Statue of Liberty and star-studded extravaganzas including the grand opening of the Atlantis Dubai and the Palm Jumeirah Island in the United Arab Emirates. On New Year’s Eve 2013, a stunning performance displaying 479,651 fireworks made its debut above Dubai’s iconic skyline. The Gruccis achieved their “Largest Fireworks Display” title with this performance and smashed the Guinness Book of World Record’s preceding mark. Phil Grucci currently serves as President/CEO of Fireworks by Grucci, Inc. and Pyrotechnique by Grucci, Inc., the manufacturing entity of the Grucci group of companies....

Bangalore, India
Full-time
Sub Division: Operational, Technology, Fraud Risk, Risk Assurance, and Model Validation
Division: Group Risk Management
Company Description
FAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth.

FAB GBS India is looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.

Job Description
Job Purpose:

FAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth.

FAB GBS India is looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.

Key Accountabilities:

Quantitative Analysis

Use programming skills for working hands on model validation data analysis, perform statistical tests.
Use statistical knowledge to interpret and advise on the statistical tests results.
Stakeholder interaction

Work across multiple teams (Model Development, Credit, Credit Risk) to understand data issues, modelling and business-related issues for performing good model validation.
Work closely with GBS and remote HO validation team.
Write final validation reports as per regulatory expectations.
Governance Functions

Keep the Model inventory updated.
Onboard new models, Action items and their timelines.
De-commission retired models.
Send follow up reminders on existing Action items.
Mentorship

Beside working hands-on on validation projects, should also have the necessary aptitude to mentor junior team members, review their work and ensure high quality final delivery.
Senior Management Support

Support the senior management in HO to prepare presentations and response for committee meeting, Audit etc.
Job Context:

Specific Accountabilities

Understand all key statistical tests used for modelling viz. model stability, accuracy and risk discrimination and their consequent impact on Bank's risk profile.
Should challenge model development teams on techniques, model design, variables logic etc.
Keep close watch on Audit and regulatory expectations and incorporate them during validation assessment.
Maintain timelines and expected quality for final deliverables.
Qualifications
Minimum Qualification

Bachelors / Master's degree in quantitative science (statistics, mathematics, economics) from a reputed institution.
Minimum Experience

8+ years of experience in successfully executing Model Validation and Monitoring role for a bank of similar product landscape and complexity.
Should have hands-on validation experience on Corporate Ratings Models and Regulatory models (IFRS9 - PD, EAD and LGD)
Should have understanding of traditional and new modelling techniques: linear and logistic regression, timeseries, Decision Tree etc. & Random Forest, XGboost, Neural Networks, etc), Pluto tasche method.
Should have experience and strong knowledge of SAS, Python and R. Should be willing to learn newer technologies which are open source based and should be comfortable in working in collaborative manner on a cloud based environment.
Excellent interpersonal & communication skills - verbal and written, and have experience of working with stakeholder.
Job Title Non Retail Credit Validation
Job Description Bangalore, India
Full-time
Sub Division: Operational, Technology, Fraud Risk, Risk Assurance, and Model Validation
Division: Group Risk Management
Company Description
FAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth.

FAB GBS India is looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.

Job Description
Job Purpose:

FAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth.

FAB GBS India is looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.

Key Accountabilities:

Quantitative Analysis

Use programming skills for working hands on model validation data analysis, perform statistical tests.
Use statistical knowledge to interpret and advise on the statistical tests results.
Stakeholder interaction

Work across multiple teams (Model Development, Credit, Credit Risk) to understand data issues, modelling and business-related issues for performing good model validation.
Work closely with GBS and remote HO validation team.
Write final validation reports as per regulatory expectations.
Governance Functions

Keep the Model inventory updated.
Onboard new models, Action items and their timelines.
De-commission retired models.
Send follow up reminders on existing Action items.
Mentorship

Beside working hands-on on validation projects, should also have the necessary aptitude to mentor junior team members, review their work and ensure high quality final delivery.
Senior Management Support

Support the senior management in HO to prepare presentations and response for committee meeting, Audit etc.
Job Context:

Specific Accountabilities

Understand all key statistical tests used for modelling viz. model stability, accuracy and risk discrimination and their consequent impact on Bank's risk profile.
Should challenge model development teams on techniques, model design, variables logic etc.
Keep close watch on Audit and regulatory expectations and incorporate them during validation assessment.
Maintain timelines and expected quality for final deliverables.
Qualifications
Minimum Qualification

Bachelors / Master's degree in quantitative science (statistics, mathematics, economics) from a reputed institution.
Minimum Experience

8+ years of experience in successfully executing Model Validation and Monitoring role for a bank of similar product landscape and complexity.
Should have hands-on validation experience on Corporate Ratings Models and Regulatory models (IFRS9 - PD, EAD and LGD)
Should have understanding of traditional and new modelling techniques: linear and logistic regression, timeseries, Decision Tree etc. & Random Forest, XGboost, Neural Networks, etc), Pluto tasche method.
Should have experience and strong knowledge of SAS, Python and R. Should be willing to learn newer technologies which are open source based and should be comfortable in working in collaborative manner on a cloud based environment.
Excellent interpersonal & communication skills - verbal and written, and have experience of working with stakeholder.
Post Details
Job Start Date 1970-01-01
Salary from 0.00
Salary to 0.00
Number of Vacancies 1
Location Job Location -> UAE Dubai
Location City Dubai
    
Desired Candidate's Profile
Gender No Preference
Nationality
Candidate Current Location
Work Experience 1-2 Years
Candidate Profile Description
Job Classification
Job Type Job Type -> Full-time
Industry Type Job Industry -> Retail
Job Function Job Functions -> Retail
Employers Details
Company Bankfab
Contact Person
Designation
Telephone +971 2 681 1511
Email atyourservice(at)bankfab.com
| Share




Download Careers in Gulf Emirates Android App
careersingulf Android App google play store