Model jobs in United Arab Emirates

Designation: (Senior Consultant) Model Risk Governance MRM Tool

Location: Abu Dhabi

Experience: 5+ Years

The consultant will support the banks efforts to strengthen its model risk management framework. This role will primarily be working on the implementation of the MRM tool and associated governance processes. The Consultant will work extensively with business units, technology teams, and model owners to ensure successful implementation and integration of the tool. Additionally, the role will be responsible for coordinating with internal policies and regulatory requirements.

• MRM Tool Implementation & Management – Assist in the end-to-end implementation of the vendor-provided MRM tool, including planning, configuration, testing, delivery, and maintenance.
• MRM Tool Implementation & Management – Work closely with business units, model owners, technology teams, and model risk teams to ensure successful integration with existing processes.
• MRM Tool Implementation & Management – Monitor the deployment and performance of the MRM tool, including generating reports for senior management and regulators.
• MRM Tool Implementation & Management – Ensure the tool is implemented in compliance with internal policies and regulatory requirements.
• Governance & Oversight Support – Support governance activities, including preparation of materials for senior management and committees.
• Governance & Oversight Support – Coordinate with stakeholders to ensure timely completion of governance deliverables.
• Secretariat Responsibilities – Provide secretariat support for governance forums, including agenda preparation, minutes, and action tracking.

• Timely and successful deployment of the MRM tool within agreed timelines and budget.
• Accuracy and completeness of governance documentation and records in the tool.
• Effective collaboration with stakeholders and timely reporting (e.g., executive dashboards, committee packs).
• Positive stakeholder feedback on MRM tool usage and governance processes.
• Reduction in governance issues related to model lifecycle processes (e.g., validation tracking, approvals).

• Minimum 5 years of experience in model risk management or related risk governance roles.
• Strong understanding of model risk management frameworks, finance, and regulatory expectations.
• Experience in managing or implementing risk governance technology tools.
• Knowledge of regulatory requirements related to model risk management and familiarity with model design is a plus.
• Excellent communication and stakeholder management skills.
• Ability to work independently and manage multiple priorities in a fast-paced environment.