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
Excellent opportunity for an experienced credit risk professional to join a high-performing and evolving Risk Portfolio Management (RPM) function in the Group Risk Management (GRM) Division. RPM comprises of a broad range of functions primarily focused on credit portfolio management across banking subsidiaries within OCBC Group.
What You Do
- Perform validation of wholesale and retail credit risk models across geographies
- Ensure the models are compliant with both regulatory requirements and internal model performance standards
- Conduct research on leading industry practices and review internal model performance standards
- Maintenance model validation tool
Who You Work With
This position is under the Portfolio Insights & Validation (PIV) team within RPM.
PIV is a multidisciplinary team that supports Group Risk Management and Senior Management/Board by delivering comprehensive, analytically driven insights on the Group's credit portfolio. The team integrates forwardlooking operating environment assessments and digital capabilities to enable proactive risk and data-driven risk management at the Group level. The team also performs independent validation of credit risk models, including Credit Risk Scorecards, Internal Rating models, IFRS 9 based Expected Credit Loss models, Credit Stress Testing models, Economic Capital models and Machine Learning models to ensure their fit-for-purpose. These models are embedded across the credit life cycle, supporting underwriting, customer selection, limit setting, early warning and problem recognition, as well as assessment of capital and provision adequacy.
Who You Are
- Experience in developing and/or validating credit risk models. Experience across geographies and different regulatory environments a plus.
- Basic understanding of risk management concepts and banking products
- Basic understanding of Basel III and IFRS regulations and credit products
- Good oral and written communication skills
- Independent, creative and pro-active problem-solving mindset
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.
