Credit Risk Model Validation recruitment
Credit Risk Analytics - Model Validation - Group Risk
Credit Risk Analytics (Group Risk Management)
The successful candidate will assist Risk Management to perform independent model validation at the Group level.
Responsibilities
Validate all types of Credit Risk and Enterprise Wide Risk Management related models.
Highlight to Management the areas of risk and weaknesses in the models and document the whole validation reviews. This includes the quantitative and qualitative aspects of the model development, validation and stress testing.
Provide regular advice and guidance to counterparts in the regional subsidiaries.
Keep up to date with academic, technical and industry developments in the field of risk model design, development, validation and stress testing, and general regulatory requirements.
Continual technical enhancements necessary to validate model parameters and performance.
Requirements
A degree holder with at least 5 years relevant experience as a quantitative analyst in a risk management environment and/or model developer capacity.
Candidates should have either a Masters or a Ph.D. degree in Mathematics, Statistics, Physics, Engineering, Financial Engineering or Applied Finance with a good working knowledge of statistics, stochastic processes, probability and measure theory, stochastic calculus, financial product modeling and numerical methods.
Holders of CFA/FRM/PRM have added advantage.
Proficient in VBA/C++/SPSS/SAS and most Microsoft offices software.
Familiar with Basel II/III and local/overseas regulatory requirements.
Strong written and verbal communication skills; able to work with internal managers and external regulators.
A team player who is also able to work independently under pressure and meet tight deadlines.
If you are interested in this role please send your CV in Word Format to Daniel Lotto at daniel.lotto@hays.com.sg