Job Description

Group Risk Management (GRM) builds and drives the Bank\'s businesses through an integrated risk management approach relying on strong risk analytics to support strategic business decision-making and to create a competitive edge for the Group.
Risk Portfolio Management (RPM) comprises a range of functions primarily focused on credit portfolio management within OCBC Group. These include:

• Assess risk & opportunities in the context of risk appetite & macro conditions.
• Analyse portfolio performance. Identify trends & drivers, draw insights and develop recommendations.
• Develop and maintain risk measurement & management frameworks, models, policies, processes, systems and infrastructure. These include capabilities such as IRB rating models, stress testing & expected credit loss models, and economic & regulatory capital models.
• Design and produce reports that provide insights & identify opportunities on business developments, and track vulnerabilities to risk developments.

Currently we have opportunities for a Climate Stress Testing analyst to work in the following areas:

• Development and maintenance of climate stress test models
• Design and implementation of climate stress test processes and tools
• Execution of climate stress tests at the request by regulators and/or internal stakeholders,
• Conduct horizon scanning and provide timely updates on latest climate/environmental-related developments (e.g. from UNFCCC, IPCC)
• This is a 12 months contract

Qualifications
As our aim is to develop well rounded portfolio risk managers, the senior analyst will also be required and have many opportunities to engage in:

• Validation of credit risk models (including IRB, IFRS9 ECL, Credit Economic Capital and Credit Stress Testing models)
• Collaboration with functional areas in the design and review of other portfolio management initiatives described above.

The following would be an advantage:

• Graduate or post-graduate major in a quantitative discipline (including climate science or environmental/chemical engineering)
• Strong analytics & quantitative background, coupled with communication & stakeholder management skills
• Independent, creative and pro-active problem-solving mindset
• Basic understanding of risk management concepts, banking and/or macroeconomics
• Strong in programming languages (e.g. SAS, SQL, Python)

eFinancialCareers