AM/MGR, Credit Stress Testing Analyst at Oversea Chinese Banking Corp

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

14 Jun, 26

Salary

0.0

Posted On

16 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical skills, Computational skills, SQL, Python, Banking products, Communication skills, Problem-solving mindset, Project management, Change management, Risk management concepts, Basel III, IFRS regulations, Credit Stress Tests, Climate scenario analysis, Credit RWA analytics, ECL analytics

Industry

Banking

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 As a Risk Analyst in the Risk Portfolio Management (RPM) - Risk Capital & Validation team focusing on Credit Stress Testing, you'll play a critical role in ensuring that OCBC's risk management framework is robust and effective. RPM comprises of a broad range of functions primarily focused on credit portfolio management across banking subsidiaries within OCBC Group. These include: Assessing the risk and opportunities in the Bank’s key markets and asset classes in the context of the Bank’s risk appetite and against economic, structural and cyclical conditions. Determining the risk and opportunities in the Bank’s key markets and asset classes in the context of the Bank’s risk appetite and against economic, structural and cyclical conditions. Analysing and measuring credit and financial performance of the portfolio from multiple perspectives, including legal entity, business unit, customer segment, product, industry, geography. Identifying trends and drivers, drawing insights and developing management discussion points and recommendations Developing, implementing and managing the credit risk measurement framework encompassing credit risk scorecards and rating models, risk weighted assets determination, risk measurement data and systems infrastructure, policy and processes, expert guidance to users on usage and interpretation. These frameworks are used in the credit underwriting, customer selection, limit setting, early warning and problem recognition, assessment of capital and provision adequacy internally as well as for regulatory compliance. Managing suite of portfolio dashboards and reports to the Board, senior management, functional risk committees and supervisory authorities. What you do Design and implementation of credit stress testing applications (Python-based). Design and implementation of data flows to support credit stress testing Identification of process improvement opportunities for credit stress testing Own and manage end to end delivery of transformational initiatives for credit stress testing. Keep abreast of leading industry practices and tools and keep our credit stress testing infrastructure up to date. As our aim is to develop well rounded portfolio risk managers and have many opportunities to engage in: Develop understanding of credit stress testing methodologies Collaboration across functional areas of other portfolio management initiatives (e.g. environmental risk analytics, credit RWA analytics, ECL analytics etc.). Independent model validation for credit risk models - the scope includes newly developed / existing IRB and ECL models for both retail and non-retail portfolios. Who you are Strong analytical and computational skills, working knowledge of SQL and Python Basic understanding of banking products and data Good oral and written communication skills Independent, creative and pro-active problem-solving mindset Project / Change management experience The following would be an added advantage: Good understanding of risk management concepts Good understanding of Basel III and IFRS regulations Experience in Credit Stress Tests/Climate scenario analysis/Credit RWA analytics/ECL analytics 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. Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. 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 Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.

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Responsibilities

The role involves designing and implementing Python-based credit stress testing applications and managing the end-to-end delivery of transformational initiatives for credit stress testing. Responsibilities also include identifying process improvement opportunities and keeping the infrastructure up to date with industry practices.