Head of Regional Irb Retail Models

2 weeks ago


Singapore The Edge Asia Full time

Our client is an international bank with significant business footprints and presence in Asia and they are urgently looking for a Head of Regional Internal Rating Based (IRB) Retail Models. This is a new hire, senior management role, regional coverage and has people management responsibility.

EA License: 16S8131

Recruiter License: R1106582

**Key responsibilities**:

- Manage and lead the development and maintenance of retail bank’s regional IRB models.
- Model Owner for local IRB models for Singapore, Malaysia, and Taiwan.
- Regulatory models for MAS, BNM and the PRA.
- Represent Environmental Risk Analysis (ERA) in discussions with country, regulators, stakeholders, and committees.
- Assessment and identification of model requirements and concerns from regulators.
- Conceptualize the model roadmap for the region.
- Embed new risk types into regulatory models (i.e., climate risk) and new modelling approaches (machine learning).
- Support the increase IRB model coverage through new models (i.e., Wealth Management and Private Banking).

**Role requirements**:

- Banking Industry Experience, ideally Retail Banking experience.
- Extensive experience of working in the model development teams (IRB), Scorecard & IFRS9 models.
- At least Master’s Degree in Banking / Statistics / from a well-established and reputable University.
- Proven team management experience, excellent stakeholder management skills and very strong interpersonal skills.
- Sound leadership experience from a line management perspective but additional in support of virtual teams across multiple organizational functions.
- More than 12 years of professional experience in Banking industry.



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