Assistant Vice President, Risk Analytics & Model Governance

alrajhi bank Malaysia; Kuala Lumpur; On-site; MYR 180,000 - 280,000; Full time

Job summary

alrajhi bank Malaysia is seeking an Assistant Vice President - Risk Analytics to support the Head - Market Risk & Risk Analytics in developing, implementing and governing the bank's risk analytics framework. The role focuses on oversight of risk models across MFRS 9, Basel III, ICAAP, stress testing, climate risk and model risk governance.

You will drive model development, validation, monitoring and regulatory compliance, coordinate with risk and IT teams, vendors, and regulators, and lead

Qualifications

• Bachelor's degree in Banking, Finance, Risk Management or Actuarial Science with statistical knowledge.
• Over 7 years in Banking, with at least 5 years in Credit/ Market / Operational Risk and MFRS 9 modelling.
• MBA in Actuarial Studies, Banking and Finance preferred; professional qualifications such as CT3, FRM, PRM are a plus.
• Experience in Islamic banking environment is preferred.
• Experience implementing Basel / MFRS 9 / risk systems.

Responsibilities

• Develop and update Credit, Market and Operational Risk models.
• Ensure regulatory compliance and group standards relating to risk models and methodologies.
• Lead governance of MFRS 9 impairment methodology.
• Coordinate risk model development with stakeholders and vendors throughout the project lifecycle.
• Lead implementation of risk systems and oversee vendor models.
• Respond to audits and regulatory queries relating to risk models and validations.
• Maintain model governance policies and guidelines including MFRS 9 Guideline.
• Establish/ improve Market Risk/ALM/ liquidity risk infrastructure and reporting.
• Support Basel III, ICAAP, Stress Testing and RoR reporting.
• Provide guidance to business units for risk identification and measurement.
• Institute SAS and VBA for MIS analysis.
• Submit ad-hoc data requests from regulators and internal stakeholders.

Skills

Statistical knowledge

Risk management

Leadership

Education

Bachelor's degree in Banking/Finance/ Risk Management

MBA in Actuarial Studies, Banking and Finance

CT3/FRM/PRM qualifications

Tools

SAS

VBA

Job description

alrajhi bank Malaysia is seeking an Assistant Vice President - Risk Analytics to support the Head - Market Risk & Risk Analytics in developing, implementing and governing the bank's risk analytics framework. The role focuses on oversight of risk models across MFRS 9, Basel III, ICAAP, stress testing, climate risk and model risk governance.

You will drive model development, validation, monitoring and regulatory compliance, coordinate with risk and IT teams, vendors, and regulators, and lead