Job Description

Why join
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. This position is under the Risk Capital and Validation ("RCV") team within RPM.
RCV is a multi-disciplinary team that performs climate scenario analysis and credit stress testing for internal and regulatory capital adequacy assessment. The team also performs independent validation 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 to ensure their fit-for-purpose. 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

• Perform validation of wholesale and retail credit risk models across geographies.
• Ensure the models are compliant with both regulatory requirements and internal model performance standards.
• Conduct research on leading industry practices and review internal model performance standards.
• Maintenance model validation tool.

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\'s 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\'s strongest banks.

Qualifications
Who you are

• Experience in developing and/or validating credit risk models. Experience across geographies and different regulatory environments a plus.
• Basic understanding of risk management concepts and banking product
• Basic understanding of Basel III and IFRS regulations and credit products
• Good oral and written communication skills
• Independent, creative and pro-active problem-solving mindset

Who we are
Singapore\'s longest established bank, we\'ve 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\'re 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.

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