Job Description

: Excellent opportunity for an experienced credit risk professional to join a high-performing and evolving Risk Portfolio Management (‘RPM’) function. RPM comprises of a broad range of functions primarily focused on credit portfolio management across banking subsidiaries within OCBC Group. These include:

• Developing, implementing and managing the credit risk measurement framework encompassing credit risk scorecards and rating models, risk weighted assets determination, risk measurement data and systems infrastructure, policy and processes, expert guidance to users on usage and interpretation. These frameworks are used in the credit underwriting, customer selection, limit setting, early warning and problem recognition, assessment of capital and provision adequacy internally as well as for regulatory compliance.
• Assessing the risk and opportunities in the Bank’s key markets and asset classes in the context of the Bank’s risk appetite and against economic, structural and cyclical conditions.
• Analyzing and measuring credit and financial performance of the portfolio from multiple perspectives. Identifying trends and drivers, drawing insights and developing management discussion points and recommendations
• Managing suite of portfolio dashboards and reports to the Board, senior management, functional risk committees and supervisory authorities.

Qualifications

Position Available Currently, we have opportunities available for Analysts in the Credit Risk Modelling team to work in the following areas:

• Develop in-depth knowledge and expertise in credit risk modelling methodologies.
• Develop, implement and maintain credit risk models for the measurement and management of credit risk for different segments of the Bank’s portfolios.
• Develop and maintain user requirements, parameters and configurations of systems housing the models.
• Monitor and back test performance of the models to ensure adherence to performance standards and early detection of weaknesses.
• Active engagement with stakeholders to develop analytical solutions using outputs from such models in credit decisioning, business strategies, risk appetite setting, allowance and capital assessment.
• Work closely with independent model validators to ensure compliance to model governance framework and timely closure of validation findings.
• Engage with auditors and regulators to ensure compliance with relevant requirements.

Qualifications:

• Good university degree in a quantitative discipline (e.g. Mathematics, Statistics, Financial Engineering etc.) with a strong ability of handling data and performing quantitative analysis.
• Good understanding of Basel and IFRS regulations and credit products
• Analytical and independent thinker with strong written and verbal communication skills especially in explaining complex technical subjects in a simple/pragmatic manner to business and senior management.
• Strong computational skills, preferably in SAS, SQL, Python etc.
• Open to fresh graduates
• Experience in risk analytics or credit risk management in wholesale or consumer portfolios will be an advantage.

Reporting to:

• Team Head, Credit Risk Modelling, Risk Portfolio Management

Primary Location: Singapore Job: Credit Risk Organization: Group Risk Management Division Management Office Schedule: Permanent Job Posting: 01-Jun-2022, 4:25:39 AM