Vice President – Risk Analytics

RAKBANK is seeking a Vice President - Risk Analytics for its banking operations in the United Arab Emirates. This position suits a professional who combines role-specific knowledge with dependable execution, sound judgement, attention to detail and a commitment to customer service and control standards.

Job Overview

The role strengthens credit-risk analytics and model governance through sound measurement, reliable reporting and evidence-based decisions. It supports the bank’s risk appetite and regulatory responsibilities by turning portfolio data and model results into useful insight for management.

Key Responsibilities

• Lead or support development, validation oversight, implementation and monitoring of risk and impairment models.
• Contribute to Expected Credit Loss, IFRS 9, regulatory-capital and internal-rating model processes as relevant to the role.
• Analyse portfolio performance and risk trends across relevant retail, SME, wholesale and institutional portfolios.
• Maintain model documentation, controls, monitoring routines and governance evidence.
• Prepare decision-ready analysis and explain material movements, assumptions, limitations and emerging risks.
• Work with credit risk, finance, data, governance and business teams to address issues and strengthen model quality.

Requirements and Qualifications

• A strong analytical background in risk, finance, statistics, mathematics, economics, actuarial science or a related area is relevant.
• Experience in credit-risk analytics, impairment modelling, model validation or regulatory risk is valuable for a senior leadership role.
• Applicants should be comfortable interpreting model outputs, portfolio trends, regulatory requirements and risk-governance controls.
• The UAE National designation applies to the vacancy that includes it in the title.

Skills

Important strengths include quantitative analysis, model risk awareness, governance discipline, clear technical writing, stakeholder influence and the ability to communicate complex assumptions and risk implications in plain language.

Employment Details

Location: United Arab Emirates. The position sits within a regulated banking environment and requires respect for customer confidentiality, internal controls and relevant procedures. The role operates in a regulated banking environment where accuracy, confidentiality, accountability and customer protection matter. The successful candidate should maintain reliable records, follow approved procedures, raise concerns promptly and work constructively with colleagues and stakeholders. Applicants should be ready to discuss relevant experience and explain how their skills match the responsibilities of the position.