Senior Credit Risk Modeler
3 weeks ago
About the Role
We are seeking a Senior Credit Risk Modeler to join our Business Banking Modeling & Analytics team. The successful candidate will be responsible for developing, implementing, and monitoring risk scorecards and Basel credit models for Business Banking portfolios in Singapore and regional markets.
Key Responsibilities
- Develop and maintain Basel credit risk models and scorecards to support credit risk and performance management across regional markets.
- Partner with regional credit risk modelers to drive model validation and development, providing justification and explanation of validation results to various stakeholders.
- Collaborate with Group and regional stakeholders to support credit risk analytics for Basel models and scorecard usage and optimization.
- Drive the use of scorecards and Basel models in customer acquisition, portfolio management, collections, and other areas of the credit cycle through regular engagement with business managers, credit approvers, and other stakeholders.
- Stay up-to-date on changes to regulatory requirements and minimum standards of model development (Basel II, Basel IV, FRS9), ensuring compliance with regulatory ethics standards (FEAT).
- Provide regular and ad-hoc credit risk analyses and reports to senior management, regulators, and key stakeholders.
- Present models to senior management and stakeholders, obtain model signoffs, and seek regulator approval where necessary.
Requirements
- > 8 years of experience in credit risk model development/validation or similar analytic roles in a banking environment.
- Ability to communicate technical model performance metrics clearly and tailor them to different audiences.
- Strong computing skills: SAS programming, Enterprise Guide, Enterprise Miner; SQL and database familiarity; MS Office applications, including advanced spreadsheet functionalities.
- A good degree in Banking & Finance, Financial Engineering, Statistics, Computer Science, or equivalent.
What We Offer
As a Senior Credit Risk Modeler, you can expect a competitive salary range of SGD $120,000 - $180,000 per annum, depending on your experience and qualifications. Our company offers a dynamic and collaborative work environment, opportunities for professional growth and development, and a comprehensive benefits package.
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