{"id":22268,"title":"Credit Risk Models and Data Validation Manager","company":"Alpha Bank Cyprus","location":"Nicosia","description":"The Credit Risk Models and Data Validation Manager is responsible for overseeing the evaluation of the Bank’s Credit risk models, and their predictive ability in accordance with the Bank’s Models Validation Framework, as well as the implementation of the Bank’s Risk Data Aggregation and Risk Reporting (RDARR) framework.\n\r\nKey accountabilities and decision ownership:\n\r\n\r\nDevelops principles and rules of the Bank’s Credit Risk Models Validation Framework in accordance with regulatory requirements and supervisory expectations, as well as best banking practices.\r\nValidates the accuracy of the credit risk models (e.g., Probability of Default - PD, Loss Given Default - LGD, Exposure at Default - EAD) in accordance with the Bank’s Credit Risk Models Validation Framework.\r\nDrives various statistical methods of validation and defines the efficiency of the validation in line with the models’ materiality criteria and their classification.\r\nDefines the acceptable tolerance limits (validation thresholds), recommends corrective actions in the case they are breached, and monitors their implementation.\r\nOversees and evaluates the implementation of the Bank’s Risk Data Aggregation and Risk Reporting (RDARR) framework.\r\nCultivates a high-performance, inspired team while fostering a culture of empowerment, accountability, and inclusion.\r\n\r\nCore competencies, knowledge and experience:\n\r\n\r\nBachelor’s degree in Statistics, Mathematics, Economics, Finance, or related quantitative field.\r\nMaster’s degree in Risk Management, Finance, Mathematics, or another relevant field (preferred).\r\nMinimum 5+ years of managerial experience in positions in quantitative modelling and/or model development/validation.\r\nDemonstrated hands on experience with credit risk model validation, including understanding of regulatory frameworks (e.g., IRB, IFRS 9).\r\nExperience with BCBS 239 (Risk Data Aggregation & Risk Reporting) principles, implementations, or as","salary":null,"skills":[],"url":"https://www.cypruswork.com/job/106103/credit-risk-models-and-data-validation-manager/","source":"cypruswork","sources":[{"url":"https://www.cypruswork.com/job/106103/credit-risk-models-and-data-validation-manager/","source":"cypruswork"}],"qualifications":[],"scaleGrade":null,"employmentType":"Full Time","industry":"Finance, Fintech, Forex","datePosted":"2026-06-11T13:52:55.000Z","deadline":"2026-08-10T16:52:55+03:00","createdAt":"2026-06-14T02:04:55.823Z","fingerprint":"3384198b710091f1","status":"active","lastSeenAt":"2026-06-14T02:04:55.405Z"}