Risk Modeling Consultant
7 hours ago
**Job Description & Responsibilities**:
**Key Responsibilities**:
- Develop and implement **ECL framework** covering both collateralized and non-collateralized exposures.
- Define and document the **approach for computing ECL**, including Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), and discounting methodologies.
- Research, compare, and evaluate at least **3 different ECL modeling approaches** (e.g., Vintage Analysis, Roll Rate Models, Transition Matrix, Monte Carlo Simulation) to recommend the most suitable model.
- Design and deliver a **recommended ECL model** aligned with regulatory and IFRS 9 standards.
- Build an **ECL Calculator/Template** (Excel-based prototype) with capability for automation and scalability.
- Integrate ECL solution with **SAS, IFRS 9 solutioning tools, and APIs** for seamless system connectivity and reporting.
- Work closely with Risk, Finance, and IT stakeholders to ensure model validation, governance, and compliance.
- Provide support in **regulatory reporting, model documentation, and audit requirements**.
**Requirements**:
- Proven experience in **IFRS 9, ECL modeling, credit risk modeling, and regulatory reporting**.
- Strong expertise in **PD/LGD/EAD modeling, macroeconomic overlays, and stress testing**.
- Hands-on experience with **SAS (SAS Risk Management / SAS IFRS 9 modules)** and Excel-based calculators.
- Experience in **system integration via APIs** for risk and finance data flows.
- Knowledge of **statistical modeling, machine learning, and quantitative risk techniques**.
- Strong programming skills in **Python, R, or SQL** (preferred).
- Excellent analytical, problem-solving, and communication skills.
**Good to Have**:
- Experience with **Big 4 advisory, banking, or financial institutions**.
- Familiarity with **Basel III/IV, Stress Testing, ICAAP, and Credit Risk Capital frameworks**.
- Knowledge of **cloud platforms (Azure, AWS, GCP)** for risk model deployment.
-
Model Risk Trainee
5 days ago
Singapore GXS BANK PTE. LTD. Full time $40,000 - $60,000 per yearAbout the TraineeshipAre you a recent graduate eager to launch your career in the financial industry? We are looking for enthusiastic and driven individuals to join our Graduate Industry Traineeship program. This program is designed to provide you with hands-on experience and a deep understanding of the banking sector, with opportunities in our Model Risk...
-
Vp Model Risk Manager
1 week ago
Singapore The Edge Partnership Full timeSome of the key responsibilities will include: - Handles all model risk management tasks. This includes a wide range of model lifecycle operations, such as quantitative model validations & periodic revalidations, annual reviews, ongoing monitoring support, model risk reporting preparations & reporting to senior managers, model governance, education &...
-
Vp Model Risk Manager
1 week ago
Singapore The Edge Asia Full timeA growing Asian Bank is currently looking for a VP - Model Risk Manager in Singapore. It is an additional headcount, fantastic opportunity to work with highly experienced Risk Management professionals. Recruiter Licence Number: R1106582 EA Licence Number: 16S8131 **Some of the key responsibilities will include**: - Handles all model risk management tasks....
-
Assistant Catastrophe Risk Analyst
7 hours ago
Singapore JBA Risk Management Full time**Job description** **Job title** Assistant Catastrophe Risk Analyst **Intro** We are looking for an individual to join us and support the delivery of Catastrophe Risk solutions within our Singapore team, you will be able to analyse and validate probabilistic results with our CAT models, and work with a dynamic range of clients and experienced...
-
Manager, Risk Modelling
1 week ago
Singapore Income Insurance Limited Full timeYou will be responsible for developing and maintaining quantitative risk models for both financial and non-financial risks in the company. You will use advanced analytical techniques to interpret large datasets, identify trends, and provide data-driven insights that support risk management decisions and ensure regulatory compliance. You will also work...
-
Head of Model Risk
2 days ago
Singapore GXS BANK PTE. LTD. Full time**Job Descriptions**: Reporting directly to the Chief Risk Officer, this is a Second Line of Defence role under the Risk Management function. The Manager is responsible to drive and oversee the effective implementation of the Model Governance Risk framework and agenda while aligning them to the Bank’s overall digital strategy. **Responsibilities**: - The...
-
Risk Management Consultant
1 week ago
Singapore OCTAGON ADVISORS PTE. LTD. Full time**Octagon Advisors Pte Ltd **is a consulting firm specialising in risk management for banks and financial institutions, among other fields. The range of risk management services that we offer to our clients include Basel capital framework, IFRS 9 and all areas relating to credit, market, interest rate, liquidity and operational risk management. In addition...
-
Avp/vp - Risk Management (Risk Modelling)
7 hours ago
Singapore RevUp Consulting Full timeAn established derivatives/digital assets exchange platform is seeking an experienced Risk Modelling Officer to provide risk management support for the business. Your responsibilities include verifying end-of-day margin calls, generating various reports such as stress tests and back tests, and developing risk models for margining and settlement. You will...
-
Model Risk Lead
1 week ago
Singapore Trust Bank Full timeTrust is the first of a new breed of banks in Singapore - digitally native and focused on delivering a delightful customer experience. You will work in a fast-paced and collaborative environment to solve new and interesting challenges each day. Together with our Trust team, you will help shape the future of our bank. As a **Model Risk Lead** you'd be able...
-
Risk Advisory
1 week ago
Singapore AlixPartners Full timeJoin to apply for the Risk Advisory - Consultant role at AlixPartners Join to apply for the Risk Advisory - Consultant role at AlixPartners At AlixPartners, we solve the most complex and critical challenges by moving quickly from analysis to action when it really matters; creating value that has a lasting impact on companies, their people, and the...