Director - Model Development (Credit/Market Risk)

Director - Model Development (Credit Risk/Market Risk) (15-20 yrs)Role Summary:Lead the development, implementation, and governance of credit risk models across retail and wholesale portfolios. Drive advanced analytics, ensure regulatory compliance, and enable data-driven credit decisioning across the organization.Key Responsibilities:- Lead end-to-end development of PD, LGD, EAD models for retail and wholesale portfolios.- Build and enhance IFRS 9 / CECL expected credit loss (ECL) models- Develop application scorecards, behavioral scorecards, and collections strategies- Design stress testing and scenario-based credit risk models- Ensure compliance with regulatory frameworks (Basel, IFRS 9, SR 11-7)- Maintain robust model documentation, validation packs, and audit trails- Partner with Model Validation, Risk, and Audit teams for approvals and reviews- Drive adoption of machine learning, alternative data, and AI-driven models- Lead automation, model industrialization, and cloud-based deployment- Enhance model performance through continuous monitoring and recalibrationKey Skills & Qualifications:- Strong experience in credit risk modeling (PD, LGD, EAD)- Hands-on expertise in Python, SAS, R, SQL- Knowledge of statistical techniques (logistic regression, survival analysis, ML models)- 12-18+ years of experience in credit risk / model development- Proven track record of leading large teams and global stakeholders- Advanced degree in Statistics, Economics, Finance, Mathematics, or Engineering- Exposure to GCC / global delivery models

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