Job Description

Octagon Advisors Pte Ltd is a consulting firm specialising in risk management for banks and financial institutions, among other fields. The range of risk management services that we offer to our clients include Basel capital framework, IFRS 9 and all areas relating to credit, market, interest rate, liquidity and operational risk management. In addition to financial institutions in Singapore, we provide consulting services to banks in countries such as Hong Kong, China, Taiwan, Malaysia, Indonesia, Thailand and Myanmar. We are seeking individuals who wish to pursue a career in risk management consulting and pricing and risk model validation to join our expanding team of risk management and quantitative finance specialists. As many of our clients are overseas, the job requires frequent travel in the region. The job descriptions and the skill set we are looking for are listed below. Selected candidates will be offered a competitive remuneration and benefits package. The wide range and variety of work that a risk management consultant will be tasked to undertake will be stimulating and challenging in terms of intellectual, inter-personal and other professional skills. We offer our consultants opportunities to acquire technical and professional knowledge on an on-going basis, and good prospects for long-term career growth in the financial services sector.

Job Requirements

(i) Client Engagement

Assist in conducting workshops and discussion sessions with clients as part of a consulting team.

(ii) Model Development and Validation

Function as part of a team that performs development and validation of internal credit rating models, for retail and/or non-retail exposures, in line with Basel II, IFRS 9 and other standards. Scope of work includes advising clients on data collection, cleansing and analysis, single and multiple factor selection, calibration of outputs, and assisting to ensure smooth and timely completion and delivery of the models and development documents to clients.

(iii) Documentation

Develop detailed documentation for the clients, including model development and validation documents, policies, guidelines, procedures and any other business requirements.

(iv) Analysis and Recommendations

Perform fact finding, problem identification, in-depth analysis and development of recommendations to address specific issues of the clients relating to credit models.

Experience / Skills Required

We are looking for candidates who are fresh graduates, preferably with a master’s degree in Quantitative Finance or Financial Engineering, or those with relevant experience of up to 3 years, in one or more of the following areas:

• Risk management in a financial institution.
• Development or validation of credit models and scorecards.
  

Candidates should possess the following:

• Strong analytical skills and ability to understand issues and present solutions clearly.
• Proficiency in programming skills in Python, R and/or SAS would be an added advantage.
• Good presentation skills.

Personal Qualities

• Proactive and resourceful nature.
• Good interpersonal skills with the ability to relate effectively with clients.
• Ability to work as part of a team to meet project requirements.