Manager

Role Overview

Client Engagement & Delivery Leadership

• Lead the end-to-end delivery of FRM engagements across credit risk, Basel III/IV capital adequacy, model risk management, and portfolio analytics.
• Act as the primary day-to-day client liaison, managing expectations, escalations, and steering project outcomes toward agreed deliverables.
• Develop and present high-quality reports, deliverables, and recommendations to C-suite and Board-level stakeholders at financial institutions.
• Drive proposal development and contribute to business development activities in coordination with Senior Directors and Partners.

Technical & Domain Execution

• Oversee and review technical workstreams spanning credit risk modelling (PD, LGD, EAD), IFRS 9 ECL, stress testing, and scorecard development.
• Provide guidance on Basel III/IV implementation including ICAAP, RWA computation, capital adequacy frameworks, Pillar 2 assessments, stress testing, and recovery planning.
• Direct model development and validation engagements ensuring adherence to SR 11-7, ECB guidelines, and regional regulatory requirements (CBUAE, SAMA, CBB, CBK).
• Lead portfolio analytics workstreams including concentration risk, credit portfolio modelling, and limit framework design.
• Ensure quality and rigour across all analytical outputs; review model documentation, validation reports, and regulatory submissions.

Team Management & Mentorship

• Lead and mentor a team of analysts and consultants, providing structured feedback, guidance, and professional development support.
• Allocate and manage resources across concurrent engagements, ensuring delivery quality and team well-being.
• Collaborate cross-functionally with other Protiviti verticals (Operational Risk, Internal Audit, Technology Risk) on integrated engagements.

Thought Leadership & Practice Development

• Contribute to the development of methodologies, frameworks, and tools to enhance Protiviti's FRM service offerings.
• Monitor and synthesise regulatory developments across BCBS, EBA, and regional central banks; translate these into client-ready perspectives.
• Author client alerts, white papers, and point-of-view documents on relevant FRM topics.

Domain Coverage

• Candidates must demonstrate substantive expertise across at least three of seven domains, with working knowledge of the remainder.
• Credit Risk Management: credit lifecycle, obligor/facility rating frameworks, IFRS 9 ECL, credit stress testing.
• Credit Analytics: PD/LGD/EAD modelling, scorecards (application/behavioural), through-the-cycle vs point-in-time calibration, backtesting, challenger modelling.
• Basel Capital Adequacy: Basel III/IV, Standardised and IRB approaches, ICAAP/SREP, RWA optimisation, capital planning, Recovery Planning.
• Model Development: statistical and ML model development, feature engineering, model performance metrics, challenger models, documentation to regulatory standards.
• Model Validation: independent model validation per SR 11-7/ECB guidelines, conceptual soundness, outcome analysis, benchmarking, validation reporting.
• Model Risk Management: MRM framework design, model inventory governance, tiering and materiality, risk appetite, regulatory dialogue on model risk.
• Portfolio Analytics: credit portfolio modelling, concentration risk, sector/geographic analytics, limit framework, portfolio stress testing, early warning indicators.

Essential Qualifications & Experience

• 8-14 years of experience in financial risk management, with a minimum of 4 years in a consulting environment (Big 4, Tier-1 consultancy, or boutique risk advisory); industry professionals from banks or financial institutions with equivalent seniority will be considered.
• Bachelor's degree in a quantitative discipline (Finance, Mathematics, Statistics, Economics, Engineering); Master's degree or PhD preferred.
• Demonstrated experience leading project teams and managing client relationships at senior levels.
• Track record of delivering FRM engagements at banks, investment firms, or financial holding groups, preferably in the GCC or broader MENA region.
• Strong written and verbal communication in English; ability to produce executive-grade deliverables independently.

Preferred Qualifications

• Professional certifications: FRM (GARP), CFA, PRM, or equivalent.
• Experience with GCC central bank regulatory frameworks (CBUAE, SAMA, CBB, CBK, DFSA, ADGM).
• Proficiency in quantitative tools: Python, R, SAS, or MATLAB for model development/validation.
• Prior experience managing multi-geography or multi-workstream engagements.
• Arabic language proficiency is an advantage but not required.