Model Validation Specialist

1 month ago


Singapore OCBC Bank Full time

OCBC Bank, one of Singapore's longest established banks, is seeking a skilled Model Validation Specialist to join its Market Risk Management team. This permanent, full-time role offers a competitive base salary and a range of benefits to support your career and wellbeing.

About the Role

The Model Validation Specialist will be responsible for validating pricing and risk models using independently built full replication models. This includes derivative pricing models and counterparty credit risk exposure models. The successful candidate will have a strong understanding of quantitative finance and mathematical models, as well as excellent analytical and communication skills.

You will work closely with front office and risk control teams to produce detailed validation reports and take ownership of some of the team's internal initiatives and projects. As a key member of the team, you will contribute to various bank-wide projects that require quantitative technical expertise.

Key Responsibilities
  • Validate pricing and risk models by means of independently built full replication models
  • Liaise with front office and risk control on results and produce detailed validation reports
  • Take ownership of some of the team's internal initiatives and projects
What We Offer

We offer a competitive base salary, a suite of holistic and flexible benefits, community initiatives, and industry-leading learning and professional development opportunities. Your wellbeing, growth, and aspirations are every bit as cared for as the needs of our customers.

This is an ideal opportunity for individuals who are self-motivated, self-managed, and excel at prioritizing tasks with minimal supervision. If you possess a strong willingness to learn, take ownership of your work, and confidently express your views, along with possessing exceptional teamwork skills, actively listening to diverse perspectives, and effectively communicating your ideas to contribute to the overall success of the team, then this opportunity is perfect for you.

Requirements
  • At least 5 years of experience in a relevant function as quantitative analyst or researcher
  • Experience in quantitative finance, such as validation, pricing, and risk models, and/or model development is essential
  • Advanced degree (MFE, MSc or equivalent, PhD a plus) in a STEM subject, such as mathematics, physics, engineering, statistics, data science, quantitative finance, or equivalent
  • Analytical skills and knowledge of mathematical models and methods in stochastic calculus, Monte Carlo simulation and PDE modelling
  • Experience with at least one programming language is essential. In particular, C#, C++, and/or Python are a plus
  • Ability to work independently and carry out all project aspects, such as modelling, coding, documentation, and stakeholder management
  • Strong communication skills, as the candidate must be able to communicate complex ideas and concepts into simple and easily understandable terms
  • Ability to relate to people and build rapport to gain the respect of subordinates and peers
  • Good interpersonal skills and ability to build and maintain professional relationships
About OCBC Bank

OCBC Bank is committed to being Simply Spot On. We provide innovative, needs-based financial services, supportive teams, and opportunities for growth and development. Our goal is to help our customers achieve their goals and ambitions.



  • Singapore Kerry Consulting Pte Ltd Full time

    Company Overview: As a premier institution in the banking industry, Kerry Consulting Pte Ltd continues to achieve impressive financial performance and invest in innovation. With a strong focus on recruitment, they are seeking a dynamic and highly capable quantitative risk model validator in Singapore.Salary: $120,000 - $180,000 per annum, depending on...


  • Singapore Kerry Consulting Pte Ltd Full time

    Job DescriptionThe company is seeking a highly skilled AVP/VP, Model Validation & Analytics (Market Risk) in Singapore. This role requires collaboration with cross-functional teams and work with various mathematical models across the banking industry.ResponsibilitiesValidate pricing and risk models through independently developed full replication models,...


  • Singapore ING Full time

    OverviewING Financial Markets and Group Treasury seek a highly skilled Senior Quantitative Analyst to join our international team of experts in Trading Pricing Model Validation.The successful candidate will be responsible for critically assessing derivative pricing models, analyzing their suitability, and making final judgments on their quality. This role...

  • Manager, Credit

    2 weeks ago


    Singapore Standard Chartered Full time

    JOB SUMMARY The job holder will be required to perform an independent validation of credit risk, treasury and marketing models that are being used for various purposes across the bank. Validation tasks include qualitative and quantitative review of various model components and then complete the validation report. Assessment of the model...

  • Manager, Credit

    2 weeks ago


    Singapore STANDARD CHARTERED BANK Full time

    Roles & ResponsibilitiesJOB SUMMARY The job holder will be required to perform an independent validation of credit risk, treasury and marketing models that are being used for various purposes across the bank. Validation tasks include qualitative and quantitative review of various model components and then complete the validation...


  • Singapore ETHOS SEARCH ASSOCIATES PTE. LTD. Full time

    Job DescriptionWe are seeking an experienced MTS Validation Specialist to join our team at ETHOS SEARCH ASSOCIATES PTE. LTD.About the RoleThe ideal candidate will be responsible for validating the latest SerDes design, including the PMA4 224G transceiver on the most advanced technology node. They will also collaborate with designers on Silicon to debug and...


  • Singapore ING Bank N.V. Full time

    Trading Pricing Model Validation at ING is looking for a (Senior) Quant with experience in derivative pricing models Trading Pricing Model Validation is an international team of highly qualified professionals. The team is responsible for validating derivative pricing models used by ING Financial Markets and Group Treasury. We are a global cross-asset team...


  • Singapore ING Bank N.V. Full time

    Trading Pricing Model Validation at ING is looking for a (Senior) Quantwith experience in derivative pricing modelsTrading Pricing Model Validation is an international team of highly qualified professionals. The team is responsible for validating derivative pricing models used by ING Financial Markets and Group Treasury. We are a global cross-asset team...

  • Validation Specialist

    2 weeks ago


    Singapore PSC BIOTECH PTE. LTD. Full time

    Job Title: Validation SpecialistAbout the Role:We are seeking a highly skilled Validation Specialist to join our team at PSC BIOTECH PTE. LTD.Key Responsibilities:Complete work assignments as specified by the Validation Project Manager.Provide timely updates to the Validation Project Manager.Adhere to proper site safety practices and wear adequate safety...


  • Singapore PROCESS ENGINEERING SPECIALISTS PTE. LTD. Full time

    We are seeking an experienced Senior Validation Specialist to join our team at Process Engineering Specialists PTE. LTD. in a permanent role. As a key member of our team, you will be responsible for leading the commissioning and validation of pharmaceutical process equipment.The ideal candidate will have a strong background in process automation and...


  • Singapore RD TRUSTED PARTNERS PRIVATE LIMITED Full time

    About the RoleRD Trusted Partners Private Limited is a leading company in the industry, and we are seeking an experienced Automation Validation Specialist to join our team.This role offers a competitive salary of SGD 60,000 per annum, with opportunities for growth and development in a dynamic environment.Job DescriptionWe are looking for a highly skilled...


  • Singapore Amaris Consulting Full time

    Job Title: CSV Validation SpecialistJob Summary:Amaris Consulting is seeking a skilled CSV Validation Specialist to join our team. The ideal candidate will have a strong background in computer systems validation within the pharmaceutical industry.Key Responsibilities:Develop and implement CSV strategy and validation plans for computerized systems.Create and...


  • Singapore Kerry Consulting Pte Ltd Full time

    Description As a market leader within the banking industry, this premier institution continues to record impressive financial performance and invest in innovation. It is seeking to recruit a dynamic and highly capable AVP/VP, Model Validation & Analytics (Market Risk) in Singapore. Responsibilities You will collaborate with cross-functional teams and...


  • Singapore ANTER CONSULTING PTE. LTD. Full time

    About ANTHER CONSULTING PTE. LTD.We are seeking a highly skilled and experienced Senior Validation Specialist to join our team in Singapore. The successful candidate will be responsible for leading the commissioning, qualification, and validation (CQV) activities for pharmaceutical manufacturing facilities, equipment, and systems.Salary RangeThe estimated...


  • Singapore ANRADUS PTE. LTD. Full time

    Job Title: Validation Specialist in ManufacturingAbout the RoleWe are seeking a highly skilled Validation Specialist to join our team at ANRADUS PTE. LTD. as a key member of our manufacturing operations.Salary PackageThe salary for this position is up to SGD 6,000 per month, with additional benefits and bonuses tied to performance.Job DescriptionAs a...

  • Validation Specialist

    2 weeks ago


    Singapore NUSANTARA PRIME CONSULTING PTE. LTD. Full time

    NUSANTARA PRIME CONSULTING PTE. LTD. We are seeking a skilled Validation Specialist to join our team for a 9-month contract. The successful candidate will have experience in pharmaceutical equipment qualification, specifically with HVAC and utilities validation (IQ/OQ/PQ/CPV).About the Role:Candidate must possess a diploma or degree in engineering or science...


  • Singapore PROCESS ENGINEERING SPECIALISTS PTE. LTD. Full time

    We are seeking a Senior Validation Specialist to join our team at Process Engineering Specialists PTE. LTD.The ideal candidate will have extensive experience in validating biopharmaceutical GMP plants, including facilities, utilities, and equipment, control systems, processes, and computerized systems.Responsibilities:Review and approve C&Q plans, protocols,...


  • Singapore RD TRUSTED PARTNERS PRIVATE LIMITED Full time

    Job OverviewWe are seeking an experienced Senior Validation Specialist to join our team at RD Trusted Partners Pte Ltd in Tai Seng. The successful candidate will be responsible for ensuring the quality and compliance of our automated systems.Salary Range:$60,000 - $90,000 per annum.Key ResponsibilitiesAs a Senior Validation Specialist, you will lead the...


  • Singapore Amaris Consulting Full time

    Job Title: CSV Validation SpecialistWe are seeking a skilled Csv Validation Specialist to join our team at Amaris Consulting in Singapore.Estimated Salary: SGD 80,000 - 110,000 per annumAbout the Role:Job DescriptionIn this key position, you will be responsible for developing and implementing CSV strategies and validation plans for computerized systems,...


  • Singapore Amaris Consulting Full time

    Job Description:Amaris Consulting is seeking a highly skilled CSV Validation Specialist to join our team. As a CSV Validation Specialist, you will be responsible for developing and implementing CSV strategies and validation plans for computerized systems, including LIMS, MES, eBR, and other relevant software.Key Responsibilities:Validation Planning: Develop...