- Location
- SGP-Head Office, Singapore
- Workplace
- Hybrid
- Type
- Full-time
- Department
- Retail
- Seniority
- Lead
- Source
- Workday
Description
WHO WE ARE:
As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Why Join
This is an opportunity to deepen your credit risk modelling expertise while working on models that influence credit decisioning, portfolio strategies, capital and provisioning across OCBC Group. You will be part of an evolving team with meaningful exposure to governance, regulatory, business as well as credit risk stakeholders.
How You Succeed
You will thrive in this role if you are a hands-on quantitative professional who can independently develop and manage credit risk models, identify performance issues early and turn model outputs into practical analytical solutions for business strategies and credit risk management.
Who you work with
About the department
Excellent opportunity for an experienced credit risk professional to join a high-performing and evolving Risk Portfolio Management (RPM) function. Group RPM comprises of a broad range of functions primarily focused on credit portfolio management across banking subsidiaries within OCBC Group. This position is under the Credit Risk Modelling (CRM) team within Group RPM
About the team
CRM is a high-profile, multi-disciplinary risk analytics team that covers credit risk models at OCBC Group. The key functions CRM performs include developing, implementing and managing various types of credit risk models, such as Credit risk Scorecards, Internal Rating models, IFRS 9 based Expected Credit Loss models, Credit Stress Testing models, Economic Capital models and Machine Learning models that support Group’s credit risk measurement. These models are embedded in the credit underwriting, customer selection, limit setting, early warning and problem recognition, as well as assessment of capital and provision adequacy.
What you do
- Develop, implement, and maintain credit risk models supporting the Consumer, Small Business and Wealth segments of the Group
- Monitor, back-test and report performance of the models to ensure adherence to performance standards and early detection of weaknesses.
- Develop and maintain user requirements, parameters and configurations of systems housing the models.
- Develop in-depth expertise in credit risk modelling methodologies
- Work closely with independent model validators to ensure compliance to model governance framework and timely closure of validation findings.
- Engage with auditors and regulators to ensure compliance with relevant requirements.
- Engage with various stakeholders to develop analytical solutions using model outputs in credit decisioning, business strategies, allowance, and capital assessment.
Who you are
- Degree in Quantitative/Financial discipline, such as Mathematics, Statistics, Computer Science, Accounting, Finance, Economics or equivalent professional certifications
- Strong computational skills with an experience in handling data and performing quantitative analysis.
- Good understanding of Basel III, IFRS regulations and credit products.
- Analytical and independent thinker with strong written and verbal communication skills.
- Willing to take on new challenges and work in a fast-paced environment.
- At least 5–7 years of working experience in credit analysis/modelling or credit risk management of Consumer, Small Business or Wealth portfolios.
What we offer:
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.