Job Description

About the Department:

Excellent opportunity for an experienced credit risk professional to join a high-performing and evolving Risk Portfolio Management (\xe2\x80\x98RPM\xe2\x80\x99) function. RPM comprises of a broad range of functions primarily focused on credit portfolio management across banking subsidiaries within OCBC Group. This position is under the Credit Risk Modelling (\xe2\x80\x9cCRM\xe2\x80\x9d) team within RPM.

About the Team:

CRM is a high-profile, multi-disciplinary risk analytics team that covers credit risk models at OCBC Group.

The key functions CRM performs include developing, implementing and managing various types of credit risk models, such as Credit risk Scorecards, Internal Rating models, IFRS 9 based Expected Credit Loss models, Credit Stress Testing models, Economic Capital models and Machine Learning models that support Group\xe2\x80\x99s credit risk measurement.

These models are embedded in the credit underwriting, customer selection, limit setting, early warning and problem recognition, as well as assessment of capital and provision adequacy.

Job position available: We have an opportunity available for a Senior Analyst / Lead Analyst in the following area:

• Develop, implement, and maintain credit risk models supporting the Wholesale business, focusing on Bank, Non-Bank FI and Sovereign portfolios of the Group.
• Monitor, back-test and report performance of the models to ensure adherence to performance standards and early detection of weaknesses.
• Develop and maintain user requirements, parameters and configurations of systems housing the models.
• 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.
• Engage with various stakeholders to develop analytical solutions using model outputs in credit decisioning, business strategies, allowance, and capital assessment.

• Degree in Quantitative/Financial discipline, such as Accounting, Finance, Economics, Mathematics or equivalent professional certifications.
• Experience in conducting credit analysis / credit risk management of FI/NBFI portfolios, familiarity and use of external rating / market-based indicators will be an advantage.
• Analytical and independent thinker with strong written and verbal communication skills.
• Ability to interact and communicate effectively with senior management.
• At least 3-5 years & 5-7 years of relevant experience in a related area for Senior Analyst and Lead Analyst respectively.
• Strong computational skills with an experience in handling data and performing quantitative analysis.
• Good understanding of Basel III, IFRS regulations and credit products.

OCBC Bank