Asst. Manager - Impairment Loss & Data Management (Credit Control Group)

Aeon Credit Service; Kuala Lumpur; On-site; MYR 75,000 - 110,000; Full time

Job summary

Aeon Credit Service is seeking an Assistant Manager in Impairment Loss & Data Management to develop ECL models and oversee data management processes. This pivotal role requires strong analytical skills and programming proficiency, along with extensive experience in credit risk modeling. Work collaboratively across teams to align outputs with financial reporting standards and ensure compliance with regulations.

Qualifications

• Minimum 5 years of experience in credit risk modeling.
• Understanding of Basel/IFRS 9 regulatory frameworks.
• Experience with retail and/or corporate portfolios preferred.

Responsibilities

• Develop and maintain ECL models for various asset classes.
• Collaborate with Finance, Risk, and IT teams for aligning model outputs.
• Monitor model performance and ensure timely documentation updates.

Skills

Statistical analysis

Data extraction

Feature engineering

Programming

Analytical skills

Education

Bachelor’s or Master’s degree in Quantitative Finance, Statistics, Economics, Mathematics, or Data Science

Tools

Python

R

SAS

SQL

Job description

Asst. Manager - Impairment Loss & Data Management (Credit Control Group)

Develop and maintain ECL models (PD, LGD, EAD) for various asset classes in line with IFRS 9 / MFRS 9 requirements.

Perform data extraction, data checking, feature engineering, and statistical analysis using Python, R, or SAS.

Document model methodologies, assumptions, and limitations comprehensively.

Collaborate with Finance, Risk, and IT teams to ensure model outputs are aligned with financial reporting standards.

Conduct benchmarking, backtesting, and sensitivity analysis to ensure model robustness.

Liaise with external validators, addressing their validation points for model recalibration, redevelopment, or enhancement, ensuring adherence to internal governance and regulatory requirements.

Work with external consultants for model refinement to optimize the ECL provision.

Manage ECL automation and IL forecasting processes.

Monitoring and Governance

Monitor model performance regularly and flag deviations or drifts.

Ensure timely updates of impairment loss model documentation, policies, and procedures.

Update models and parameters promptly in response to changing market conditions or portfolio behavior.

Support internal and external audits, regulatory reviews, and governance committees with documentation and explanations.

Job Requirements

Bachelor’s or Master’s degree in Quantitative Finance, Statistics, Economics, Mathematics, Data Science, or related fields.

Minimum 5 years of experience in credit risk modelling, ECL/IFRS 9 model development or validation.

Proficiency in programming and data analysis (Python, R, SAS, SQL).

Understanding of Basel/IFRS 9 regulatory frameworks and model lifecycle governance.

Experience with retail and/or corporate portfolios is preferred.

Strong analytical skills, attention to detail, and ability to interpret complex data.

Effective communication skills for presenting findings to technical and non-technical stakeholders.

Additional Information

Salary details, number of applicants, and skills match are available upon inquiry.

Application questions include expected salary, notice period, relevant experience, and data analytics tools proficiency.

AEON Credit Service (M) Berhad is a leading consumer financing provider with operations across several Asian countries. We have been established in Malaysia since 1996, offering credit cards, personal financing, and easy payment schemes to enrich lives.

We offer a dynamic workplace and are seeking talented individuals who strive for excellence. Join us to build a promising and satisfying career.