Senior Manager, Portfolio Risk Analytics

We have an exciting job opportunity to join Westpac Institutional Bank in Singapore. The role is responsible to lead, manage or undertake credit portfolio risk analytics, and risk reporting to support ongoing portfolio monitoring and identification of credit migration under stressed conditions in conjunction with Senior Credit Officers, and Corporate & Institutional Banking (CIB) in Asia.

**Responsibilities**:
Portfolio Risk Analytics:

- Adapt Group / WIB Risk credit models and stress scenarios to the Asia credit portfolio in conjunction with relevant Group / WIB Risk / LOB stakeholders and undertake credit portfolio stress testing in accordance with established schedules, and ad hoc credit portfolio reviews as appropriate.
- Adapt relevant Group / WIB Risk risk models and stress scenarios (e.g., credit, environmental risk, etc. where relevant) to the Asia credit portfolio in conjunction with relevant Group / WIB Risk / LOB stakeholders and undertake stress testing in accordance with established schedules, and ad hoc portfolio reviews.
- Analyse portfolio performance, identify trends, drivers, and emerging risks; draw insights and develop recommendations for consideration by management.
- Where required, assist Group / WIB Risk stakeholders with the development or validation of risk methodologies / models for monitoring and managing portfolio credit, or environmental risk.
- Adapt Group reports on counterparty credit risk for the Asia portfolio as appropriate.

IFRS9 Expected Credit Loss “ECL":

- Manage / undertake the monthly preparation of ECL reports for the Asia credit portfolio with appropriate insights and commentary on key drivers impacting the portfolio.
- Engage with Group / WIB / Singapore Finance stakeholders to resolve exceptions or anomalous data points.
- Develop deep understanding of the Group’s ECL models and methodologies to support dynamic oversight and management of the Asia credit portfolio.
- Develop a strong grasp of relevant Basel rules, and relevant regulations to ensure ongoing regulatory compliance by Singapore Branch.

Portfolio Risk Reporting:

- Manage / undertake the production of scheduled and ad hoc risk reporting / dashboards for the Asia credit portfolio and relevant Asia / Singapore Branch governance forums.
- Enhance credit risk-related management information to support informed decision-making by 2LOD Asia Risk and Asia management.
- Manage / undertake the preparation of credit portfolio reports for the quarterly Asia Risk and Compliance Committee (ARCC) meetings in conjunction with Senior Credit Officers in Asia.
- Coordinate and review relevant sections of the Asia Risk Appetite Dashboard across all risk classes in conjunction with 2LOD Risk stakeholders.
- Support credit-related regulatory reporting in conjunction with SMEs in accordance with the Singapore Branch Regulatory Reporting Operating Model.

Others:

- Lead knowledge sharing with the wider 2LOD Risk team on credit portfolio risk analytics and reporting as appropriate.
- Participate in conducting training sessions for target audiences in Westpac Singapore Branch.
- Support CRO Asia in driving satisfactory outcomes for credit risk-related independent reviews.
- Support CRO Asia to deliver on relevant projects / initiatives as directed.

**Job Requirements**:

- Relevant university degree.
- Relevant experience with credit portfolio models (IRB, stress test, ECL, etc.).
- Understanding of Basel rules, FRS regulations, MAS requirements, and corporate & institutional banking credit products.
- Strong analytics and quantitative background.
- Hands-on experience in programming languages (e.g., SAS, SQL, R), and MS Office software.
- Demonstrated ability to synthesize, prioritize and drive results with urgency
- Strong organizational skills, including the ability to synthesise, prioritise, and project manage across competing priorities to deliver target outcomes.
- Able to engage collaboratively with stakeholders to understand situations, explore options, and drive for resolution.
- Able to form a well-informed opinion, articulate, and defend it.
- Able to act in a courageous manner to voice views even if they may be unpopular to ensure the right outcome for the organization.