Head – Retail Risk Management

Finance House is seeking a Head of Retail Risk Management to oversee all retail credit risks, from origination to portfolio management. This role is crucial for defining and executing a data-driven credit risk strategy to achieve retail business objectives and establish Finance House as a market leader.

The incumbent will drive innovative, prudent, and scalable risk strategies across the credit lifecycle, utilizing advanced analytics, machine learning, and AI to enhance portfolio performance, profitability, and sustainability. This is a strategic leadership role with significant influence over retail portfolio growth, asset quality, and risk posture.

Join Finance House, a diversified financial services company in Abu Dhabi, and walk with us on the journey to success. Apply now to lead our Retail Risk Management department!

Company Overview

Finance House is a pioneering, independent, and diversified financial services company in the UAE. Alongside its associated entities, Insurance House, FH Securities, and FH Capital, it offers innovative and customized products and solutions. Finance House distinguishes itself through its professional team, robust strategies, efficient internal systems, and a track record of profitable growth. The company is committed to understanding and anticipating customer needs to deliver groundbreaking solutions and foster mutual prosperity.

Quick Details

• Salary Range: Not Specified
• Job Type: Full-time
• Qualifications: Bachelor’s degree (or higher), preferably in Mathematics, Statistics, Computer Science, Engineering, or a related quantitative discipline.
• Experience: 15+ years of experience in retail credit risk, preferably including exposure to developed markets.

Key Responsibilities

• Design, build, and lead a high-performing Retail Risk department.
• Define, own, and continuously evolve the retail credit risk appetite and strategy.
• Drive deep portfolio analytics and performance measurement for optimization.
• Oversee the development, validation, and governance of advanced credit risk models.
• Provide end-to-end leadership of portfolio management activities.
• Ensure full compliance with all applicable regulatory and accounting standards.

Requirements

• Deep expertise in predictive modelling and advanced retail credit risk management techniques.
• Hands-on experience with big data analytics and AI/machine learning in credit risk decisioning.
• Extensive experience in AI driven decision engines, including architecture design and lifecycle optimization.
• Proven capability in building in-house decision engines with strong governance and regulatory compliance.
• Excellent verbal and written communication skills, with strong experience in executive presentations.
• 15+ years of experience in retail credit risk, preferably with exposure to developed markets.

Benefits

• Opportunity to shape and lead a critical department within a leading financial institution.
• Influence the strategic direction of retail credit risk management.
• Work with advanced analytics, machine learning, and AI technologies.
• Collaborate with cross-functional teams including Product Management, Sales, and Technology.
• Ensure compliance with Central Bank regulations and other key standards.
• Contribute to the profitable growth and long-term sustainability of Finance House.