Job Description

Why join

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.

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.

What you do

• Develop, implement, and maintain various types of credit risk models supporting the Wholesale, Small Business and Consumer segments 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.
• Develop in-depth expertise in credit risk modelling methodologies.
• 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.

Who you work with

Group Risk Management works independently to protect, build, and drive our businesses. The team support good decision-making. With strong risk analysis. And a crucial, comprehensive role in sharpening our competitive edge. Optimising risk-adjusted returns. It\xe2\x80\x99s about seeking and adopting best-in-class practices. Protecting the group from unforeseen losses. Keeping risk within appetite. Embracing change and managing growth in one of the world\xe2\x80\x99s strongest banks.

Qualifications

Who you are

• Degree in Quantitative/Financial discipline, such as Mathematics, Statistics, Financial Engineering, Accounting, Finance, Economics, or equivalent professional certifications.
• Analytical and independent thinker with strong written and verbal communication skills.
• Ability to interact and communicate effectively with senior management.
• At least 3-7 years of relevant experience in a related area.
• Strong computational skills, preferably in SAS, SQL, Python etc. with an experience in handling data and performing quantitative analysis.
• Good understanding of Basel III, IFRS regulations and credit products.
• Experience in credit analysis, risk analytics or credit risk management in wholesale or consumer portfolios will be an advantage.

Who we are

Singapore\xe2\x80\x99s longest established bank, we\xe2\x80\x99ve been helping people and businesses get what they want from life since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we\xe2\x80\x99re on a journey of transformation. Embracing technology and creativity to become a future-ready learning organisation. But for all that change, the entire focus of our organisation remains to be Simply Spot On. In everything we do.

And so whether you want innovate needs-based financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

What we offer

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

OCBC Bank