Modelling Analyst

3111 UOB Indonesia; Jakarta Pusat; On-site; IDR 600,000,000 - 900,000,000; Full time

Job summary

3111 UOB Indonesia is seeking an experienced IFRS9 model developer/validator to support credit risk analytics across regional markets. The role involves close collaboration with regional modelers, business units, and regulators to ensure robust model performance and regulatory alignment.

You will be responsible for documenting requirements, supporting UAT, deploying models and datamarts, and presenting findings to senior management.

Qualifications

• 8+ years of IFRS9 model development/validation or similar analytics.
• Clear communication of model performance metrics to diverse audiences.
• Ability to handle multiple projects with minimal supervision.
• Cross-functional teamwork with strong written and verbal communication.
• Strong computing skills in SAS, SQL and MS Office.

Responsibilities

• Develop, maintain, and validate IFRS9 models for credit risk and performance management.
• Partner with regional risk modelers to drive validation and development; justify results to stakeholders.
• Support credit risk analytics for IFRS9 usage and optimization across markets.
• Stay updated on Basel II/IV, IFRS9, FEAT compliance and regulatory standards.
• Provide business requirements, support UAT, and deploy models and datamarts.
• Present models to senior management and obtain signoffs; coordinate regulator approvals where needed.

Skills

Communication

Teamwork

Analytical thinking

Self-motivation

Education

Banking & Finance / Financial Engineering / Statistics / Computer Science

Tools

SAS

SQL

Enterprise Guide

R

Python

VBA

Excel (Advanced)

Job description

Company: 3111 UOB Indonesia

About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

Responsibilities

• Responsible for developing, maintaining, and validation of IFRS9 models to support credit risk and performance management across the regional markets.
• Partner with regional credit risk modelers to drive model validation & model development; and provide justification / explain the validation results to various stakeholders.
• Work closely with various stakeholders in Group and regional countries to support credit risk analytics for IFRS9 models usage and optimization.
• Keep up to date on changes to regulatory requirements and minimum standards of model development (Basel II, Basel IV, FRS9), including compliance to regulatory ethics standards (FEAT).
• Provide business requirement document, support UAT, and deployment of models, as well as datamart enhancement initiatives.
• Provide regular and ad-hoc analyses and reports to senior management, regulators, and other key stakeholders.
• Present models to senior management and stakeholders, obtain model signoffs, and where relevant, seek regulator’s approval for new models.

Requirements

• > 8 years of experience in IFRS9 model development/validation, or similar analytic roles, preferably in a business banking (i.e. Retail SME) environment.
• Ability to clearly communicate technical model performance metrics in an easy-to-understand manner and tailoring them to different audiences
• Ability to handle multiple projects with minimal supervision.
• Team player who can work well with cross functional teams in Group and regionally, good communication skills (verbal and written) and self-motivated.
• Strong computing skills: SAS - Programming, Enterprise Guide, Enterprise Miner; SQL and database familiarity; MS Office applications, including advanced spreadsheet functionalities.

Competency in R, Python and VBA will be an added advantage

A good degree in Banking & Finance, Financial Engineering, Statistics, Computer Science, or equivalent

Additional Requirements

Develop, Engage, Execute, Strategise Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non‑merit factors.

All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

We value our people and invest in them as we look to fulfil our purpose of building the future of ASEAN. We seek to create a collaborative and progressive environment for them to succeed in their careers for the long term.

UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices throughout the region.

Career Site: UOB Career site