Job Description

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

• Design and implement climate scenario, credit stress testing framework and solutions of the Group.
• Assess risks and capital demand under Internal Capital Adequacy Assessment Process (ICAAP) and regulatory stress tests.
• Perform validation of credit risk models and other portfolio management initiatives.

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
We are looking for a candidate who has:

• Strong analytical and computational skills, working knowledge of SQL and Python
• Basic understanding of risk management concepts and banking products
• Good oral and written communication skills
• Independent, creative and pro-active problem-solving mindset

The following would be an added advantage:

• Good understanding of Basel III and IFRS regulations and credit products
• Experience in building credit risk models, for example, IRB/IFRS/Stress Tests models
• Experience in climate scenario analysis and stress testing

eFinancialCareers