Specialist, Model Validation, Risk Management Group

Join to apply for the
Specialist, Model Validation, Risk Management Group
role at
DBS Bank
Join to apply for the
Specialist, Model Validation, Risk Management Group
role at
DBS Bank
Business Function
Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.
Business Function
Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.
Responsibilities
Critically assess the development and performance of all credit risk models related to the Wholesale portfolios. This includes models used for capital computational purposes as mandated within the Bank
Contribute towards the assessment of inputs, assumptions and parameter estimates relating to the validation of wholesale credit risk models, as well as models for stress testing
Ensure compliance with Basel II and Basel III requirements, as well as local regulatory requirements
Maintain validation standards to ensure that they meet regulatory expectations having regard to business constraints – such as data and systems and its implications with respect to modelling and parameterization processes
Provide well-considered validations reports that clearly articulate findings and recommendations
Participate in priority initiatives for the team/department, in particular undertake research to upgrade the team/department's statistical tools, techniques and methodologies
Conduct experimentation with alternative analytics techniques (including machine learning) for benchmarking in-use credit risk models
Coordinate with MV data analytics team in finding solutions for the validation needs of the team such as, but not limited to, sourcing of input data used in the model, providing requirements in automating data-feeds to the system data repository, designing dashboards for model performance monitoring, supporting and testing enhancements on validation platform
Contribute towards developing strong professional relationship within and across validation teams as well with model developers
Requirements
Degree in quantitative discipline, such as Statistics, Mathematics, Quantitative Finance, Data Analytics, or equivalent
At least 2 - 4 years of experience in model development/validation
Outstanding quantitative skills (including working knowledge of statistical/database languages/software such as Python, SQL, Excel, & VBA)
Knowledgeable in dashboard tools such as Tableau is an advantage
Excellent communication skills (both oral and written)
Sound knowledge of Basel II, Basel III, and local regulatory requirements
Strong understanding of business requirements and evolving industry practice
Innovative with research mindset
Able to contribute towards team building and maintaining team morale
Ability to work in a team and under pressure
Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
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Primary Location
Singapore-DBS Asia Central
Job
Analytics
Schedule
Regular
Job Type
Full-time
Job Posting
Jul 29, 2025, 11:41:11 AM
Seniority level
Seniority level Not Applicable
Employment type
Employment type Full-time
Job function
Job function General Business, Management, and Business Development
Industries Banking, Financial Services, and Investment Banking
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