Location: Riyadh, Saudi Arabia
About the Role
We are seeking an experienced Retail Credit Risk & Modelling Specialist to join a leading financial institution in Riyadh, Saudi Arabia on a 12-month fixed-term contract. This role focuses on developing, validating, and enhancing credit risk models and analytics frameworks, supporting key risk and regulatory initiatives within a dynamic banking environment.
Key Responsibilities
- Develop, calibrate, and validate IFRS9 models including PD, LGD, and EAD components
- Build and enhance application and behavioural scorecards to support credit decisioning and portfolio performance
- Conduct model validation, stress testing, and ongoing monitoring across retail credit portfolios
- Perform data analysis, segmentation, and exploratory data analysis to support modelling activities
- Support portfolio risk analytics, model calibration, and performance tracking
- Ensure compliance with internal model governance standards and regulatory requirements
Key Requirements
- Proven experience in retail credit risk modelling within banking, consulting or financial services
- Strong understanding of IFRS9, Basel frameworks and retail credit risk methodologies
- Hands-on experience with SAS, Python or R, SQL and Excel-based modelling
- Strong background in scorecard development, model validation, and portfolio analytics
- Experience working within model governance frameworks and regulatory environments
- Excellent analytical skills, attention to detail, and ability to manage multiple modelling workstreams