Model Risk management

1 month ago


Singapore TENTEN PARTNERS PTE. LTD. Full time


Responsibilities:

  • To establish and maintain a robust model governance frameworks, policies, and procedures consistent with regulatory requirements and industry best practices. This includes documentation standards, model inventory management, and approval workflows.
  • To lead the model development and validation of all models used across various business functions, including credit risk, market risk, liquidity risk, fraud detection, pricing, and customer segmentation.
  • Conduct thorough assessments of model conceptual soundness, data quality, implementation accuracy, and performance via statistical testing.
  • Provide guidance on model selection, development methodologies, and validation techniques.
  • Develop and implement risk mitigation strategies, such as model recalibration, scenario analysis, stress testing, and model limitations disclosure.

Requirements:

  • Bachelor’s/ Advanced (Master or higher) Degree in Statistics, Applied Mathematics, Operations Research, Economics, Engineering or other quantitative discipline.
  • Good understanding of retail banking/small business/consumer finance products and business lifecycle (e.g. sales, underwriting, portfolio management, marketing, collection etc.).
  • 9 years’ in-depth experience in hands-on Statistical Modelling and/or model validation preferably in the retail banking space.
  • Proficient in statistical computing tools and packages like SAS/R/SQL etc.
  • Strong analytical skills and understanding of quantitative and statistical techniques.
  • Experience in directly interacting with Business and exposure to international markets will be a plus.
  • Good understanding of market risk measures, concepts and regulatory rules.
  • Good knowledge of MAS regulatory guideline and regulatory reporting requirement (e.g. MAS759, MAS760, MAS610 etc).

EA Reg. No.: R1105334

EA Licence No. 16S7919


  • Model Risk management

    2 weeks ago


    Singapore TENTEN PARTNERS PTE. LTD. Full time

    Responsibilities:To establish and maintain a robust model governance frameworks, policies, and procedures in line with regulatory requirements and industry best practices. This covers documentation standards, model inventory management, and approval workflows. To oversee the model development and validation of all models utilized across different business...


  • Singapore Risk & Insurance Management Society Inc Full time

    Firm Risk Management (FRM") FRM supports Morgan Stanley (the Firm") in achieving its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of financial risks, including credit, market, liquidity, and...


  • Singapore RevUp Consulting Full time

    An established derivatives/digital assets exchange platform is seeking an experienced Risk Modelling Officer to provide risk management support for the business.Your responsibilities include verifying end-of-day margin calls, generating various reports such as stress tests and back tests, and developing risk models for margining and settlement. You will also...


  • Singapore GXS Bank Full time

    Reporting directly to the Chief Risk Officer, this is a Second Line of Defence role under the Risk Management function. The role is responsible to drive and oversee the effective implementation of the Model Governance Risk framework and agenda while aligning them to the Bank's overall digital strategy.Responsibilities:- The role is responsible for the...

  • Avp, Risk Modelling

    2 weeks ago


    Singapore Kerry Consulting Full time

    Description:Our client is one of the leading and most reputable banking groups. Currently, they are looking for an AVP, Risk Modelling to join their team. It's a newly created headcount.Responsibilities:As a successful hire, your key responsibility will be to oversee and ensure the rigorous validation of models used within the bank. You will evaluate models...


  • Singapore Citi Full time

    The Model/Anlys/Valid Mgr provides full leadership and supervisory responsibility. Provides operational/service leadership and direction to team(s). Applies in-depth disciplinary knowledge through provision of value-added perspectives or advisory services. May contribute to the development of new techniques, models and plans within area of expertise. Strong...


  • Singapore Citi Full time

    The Model/Anlys/Valid Mgr provides full leadership and supervisory responsibility. Provides operational/service leadership and direction to team(s). Applies in-depth disciplinary knowledge through provision of value-added perspectives or advisory services. May contribute to the development of new techniques, models and plans within area of expertise. Strong...


  • Singapore MAYBANK SINGAPORE LIMITED Full time

    Responsibilities: To develop risk models for Maybank Group in line with regulatory (Basel II, BNM or MAS) requirements as well as industry best practices. Main responsibility would be predominantly on Credit Risk models. To present and explain/defend the modelling and review results to various management committees for endorsement and approval. To liaise...


  • Singapore PER, Private Equity Recruitment Full time

    Non disclosedSingaporePosted 2 hours ago Permanent Compensation will commensurate with experience A Major Asian Bank is looking to fill a AVP/VP, Credit Risk Model ValidationResponsibilities: Validation and maintenance of range of credit risk portfolio models, covering IRB, stress test and ECL models Maintenance of model validation tool and expected model...

  • Risk Manager

    2 weeks ago


    Singapore Microsoft Full time

    The Risk Manager will be responsible for overseeing and managing the regional risk profile associated with the Engineering, Procurement and Construction (EPC) portfolio within the functional group. This role involves implementing risk management procedure, conducting project risk assessment, cost and schedule risk analysis, monitoring and reporting on...


  • Singapore Income Insurance Limited Full time

    We believe that effective risk management will help us safely navigate the volatile and complex business and regulatory environments to achieve success. In Income, our Risk Management Department drives risk management agenda, ensures sound and effective risk management framework and promotes risk culture. We work in close partnerships with our business and...

  • Fashion Model

    2 weeks ago


    Singapore BASIC MODELS MANAGEMENT PTE. LTD. Full time

    Basic Models Management is looking for experienced female fashion model to model for female fashion ecommerce catalogs and lookbooks photoshoot, television commercials, fashion runways and magazine photoshoot, both in Singapore and overseas. Should be available to travel overseas upon request for fashion weeks in Europe and Asia.Social media management...

  • Manager, Risk

    2 months ago


    Singapore KEPPEL MANAGEMENT LTD. Full time

    Roles & ResponsibilitiesJOB DESCRIPTIONAs part of the Risk and Compliance team, you will be integral in working with relevant stakeholders to support the organization in developing and implementing the overall risk management strategy and related initiatives as well as ensuring compliance to regulations and internal policies. Support ‘middle-office’...


  • Singapore KEPPEL MANAGEMENT LTD. Full time

    Roles & ResponsibilitiesJOB DESCRIPTION Advise management on and ensuring compliance with applicable laws and regulations including MAS guidelines relating to AML/CFT, outsourcing and technology risk management; MAS Business Trust Act and SGX Listing Rules Manage periodic filings/notification to MAS or other relevant regulatory bodies Manage the...


  • Singapore KEPPEL MANAGEMENT LTD. Full time

    Roles & ResponsibilitiesJOB DESCRIPTION Advise management on and ensuring compliance with applicable laws and regulations including MAS guidelines relating to AML/CFT, outsourcing and technology risk management; MAS Business Trust Act and SGX Listing Rules Manage periodic filings/notification to MAS or other relevant regulatory bodies Manage the...

  • Risk Manager

    2 weeks ago


    Singapore CONSULT SELECTION PTE LTD Full time

    Our client is involved in global commodities trading and is looking to recruit a Risk Manager to join its growing organization. Primarily they procure LNG, coal, biomass, and freight for group owned power facilities located in Germany, Italy, France, and the UK, which have a generating capacity of over 100 TWh of power, making them the 6th largest power...

  • Data Modeler

    2 weeks ago


    Singapore MOHAN MANAGEMENT CONSULTANTS PTE LTD Full time

    Job Title: Data ModelerHey there! We're on the lookout for a talented Data Modeler to join our team and collaborate closely on a variety of tasks.Responsibilities:Architectural Design and Strategy: Craft and maintain a comprehensive data architecture strategy that aligns with the organization's long-term objectives. Develop efficient and scalable data models...

  • Credit Risk Manager

    2 weeks ago


    Singapore CGP集团 Full time

    Summary- TOP新加坡互联网公司- Job description- Job Description- Lead the credit policy for one or more markets of Seamoney's credit portfolio and be theowner of credit risk performance for the markets- Responsible for user profiling analysis, portfolio risk analysis to understand our usersand risk. Responsible for risk model evaluation, risk feature...

  • Senior Data Scientist

    4 weeks ago


    Singapore Citi Full time

    Whether you're at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you'll have the opportunity to expand your skills and make a difference at one of the world's most global banks. We're fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure...

  • Senior Data Scientist

    1 month ago


    Singapore Citi Full time

    Whether you're at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you'll have the opportunity to expand your skills and make a difference at one of the world's most global banks. We're fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure...