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Skills: Credit Risk Modelling, Probability Of Default, Python, SQL, Machine Learning
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Full-time
bachelor degree, postgraduate degree
Competitive Compensation Packages, Potential For Shares, Personal Development, Regular Training, Annual Learning Stipend
Posted 7d ago
~40 hrs/week
Responsibilities
Develop and improve credit risk models, including probability of default and credit scoring, to enhance the credit engine. Monitor portfolio performance through dashboards and scenario analysis to balance growth, profitability, and risk.
Requirements
Requires a Bachelor's degree in a quantitative field and 3-6 years of experience in credit risk, actuarial analytics, or fintech. Proficiency in Python, SQL, and machine learning techniques for financial modelling is essential.
Full job description
Who Are We
HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools.
HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations.
Founded in 2017, HALA is currently licensed by the Saudi Arabian Central Bank.
Credit Risk Modelling Data Scientist
Company: Hala Financing Team: Data & Business Intelligence Location: Riyadh, Saudi Arabia Employment Type: Full-time
Role Summary
Hala Financing is looking for an Actuarial Data Scientist to join the Data team and support the development of our credit engine, risk models, and portfolio monitoring capabilities.
The role will focus on predicting probability of default, improving credit decisioning, enhancing risk segmentation, and building data-driven models that support responsible growth in SME lending. The ideal candidate combines actuarial thinking, credit risk modelling, machine learning, and strong business judgment.
Key Responsibilities
Credit Risk Modelling
Build, validate, and improve models for probability of default, credit scoring, affordability, delinquency prediction, and customer risk segmentation.
Support the enhancement of Hala Financing’s credit engine by identifying stronger predictive variables and decision rules.
Develop early-warning indicators to detect customers likely to delay, default, or underperform.
Portfolio Analytics
Monitor portfolio performance across cohorts, channels, customer segments, loan products, tenure, ticket size, and repayment behavior.
Build dashboards and analytical frameworks to track approval quality, disbursement performance, default rates, roll rates, collections performance, and portfolio risk.
Run scenario analysis and stress testing to assess the impact of growth, pricing, approval policy, and macroeconomic changes on portfolio performance.
Support management reporting for credit performance, investor reporting, and internal risk committees.
Data Science & Machine Learning
Use statistical and machine learning techniques to improve credit decisioning and default prediction.
Work with structured and alternative data sources, including transaction data, merchant behavior, repayment history, business activity, and external data where available.
Design experiments and champion/challenger tests to evaluate credit policy changes.
Partner with Data Engineering to improve data quality, feature availability, model monitoring, and automation.
Business Partnership
Work closely with Credit, Risk, Product, Collections, Finance, and Business teams to translate business questions into analytical solutions.
Provide clear recommendations on credit policy, approval rules, risk appetite, and portfolio growth.
Help balance growth, profitability, and risk by turning data insights into practical business actions.
Required Qualifications
Bachelor’s degree in Actuarial Science, Statistics, Mathematics, Data Science, Computer Science, Engineering, Finance, or a related quantitative field; Master’s degree preferred.
3–6 years of experience in actuarial analytics, credit risk, lending analytics, banking, fintech, insurance, or financial modelling.
Strong understanding of probability of default, credit scoring, portfolio risk, delinquency, loss forecasting, and cohort/vintage analysis.
Strong skills in Python and SQL.
Experience with statistical modelling, machine learning, regression, classification models, decision trees, gradient boosting, model validation, and performance monitoring.
Ability to translate complex analytical findings into simple business recommendations.
Strong communication skills and ability to work with both technical and non-technical stakeholders.
Key Success Measures
Improved accuracy of default prediction and credit risk segmentation.
Reduced first-payment failure and early delinquency rates.
Stronger credit engine decisioning and approval quality.
Clear portfolio monitoring and early-warning indicators.
Better balance between loan growth, risk, profitability, and capital efficiency.
What We Offer You We believe you will love working at HALA!
We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
We offer highly competitive compensation packages, including the potential for shares.
We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
Join a talented team of over 30 nationalities working in 7 countries and gain valuable experience in an exciting industry.
We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
You will be given a lot of responsibility and trust. We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best.
If you think you have what it takes to join a remarkable team #apply_now
The leading solution for SME business accounts digital payments, expense management and POS financing.
Industry
Financial Services
Company size
201-500 employees
Founded
2017
Headquarters
Riyadh, 12251
LinkedIn followers
101,257
Total funding
$164M
Our focus is to empower SMEs to manage, run, and grow their businesses seamlessly with our all-in-one platform.
We're building the future bank of SMEs—where managing finances is not just about transactions but about empowering businesses to achieve their fullest potential. By embracing innovation and fostering strong relationships, we push the boundaries of what’s possible, offering not just financial solutions but a movement for change.
Join us as we continue to support SMEs in their journey toward success and redefine the banking landscape with integrity and creativity.
Offices: Al Ulaya, Al Wurud، Al Wurud, Riyadh 12251, Riyadh, 12251 12251, SA
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How many Data & Analytics jobs are open in Riyadh, Saudi Arabia right now?
There are currently 472 open data & analytics positions in Riyadh, Saudi Arabia listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Data & Analytics roles in Riyadh, Saudi Arabia?
Companies currently hiring include Parsons Corporation, DAR ENGINEERING, Qiddiya | القدية, TAWANTECH, Master Works, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Data & Analytics jobs in Riyadh, Saudi Arabia?
Yes — 69 of the 472 open data & analytics positions offer remote or hybrid work (18 remote, 51 hybrid).
How do I apply for Data & Analytics jobs in Riyadh, Saudi Arabia?
Each listing links directly to the employer's application page. Apply early — fresh listings get the most recruiter attention in the first two weeks.