AVP, Credit Modeler - Portfolio Management Unit (Wholesale Banking)

UOB; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading bank is seeking a mid-level modeler for its Credit Modeling team. Candidates should have a strong quantitative background and experience in credit modeling, including AI capabilities with Python. This role focuses on developing corporate rating models and conducting stress tests as per regulatory requirements. Join us to make a difference!

Qualifications

• 3-4 years of experience in Credit Model Environment.
• Experience in building AI models.
• Strong analytical and statistical skills.

Responsibilities

• Develop Corporate Rating models including Basel II and MFRS 9 Models.
• Conduct Bottoms up Stress Test for Wholesale Banking Portfolio.
• Manage Big Data and AI algorithms to improve model efficiency.

Skills

Analytical skills

Statistical modeling

Python coding

Big Data management

Education

PhD/Masters/Bachelor’s Degree in quantitative discipline

Job description

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.

About The Department

The Wholesale Bank function operates a dynamic business model that provides financial services and solutions to help our clients achieve their strategic business objectives. Our mission is to become the premier-provider of banking services and solutions for Asia-based commercial banking companies (small medium enterprises), large corporations, financial institutions as well as multinational corporations. Our coverage teams work in full alignment with specialised teams across Transaction Banking, Investment Banking, Global Markets and Group Retail to deliver seamless solutions to our clients.

Job Responsibilities

We are seeking an enterprising candidate to join as mid level modeler in the Credit Modeling team in Wholesale Banking. The candidate is expected to have at least 3-4 years of experience in credit modeling or similar experience and knowledge of Basel related matters would be an advantage. The scope of work is as follows:-:

• Corporate Rating models , which includes the Basel II’s PD, EAD and LGD estimates and MFRS 9 Models PD, EAD and LGD, and MEV models
• To be involved in Basel 3 Reform, EL and RWA, MFRS 9 and for Wholesale Banking Portfolio.
• To conduct Bottoms up Stress Test for Wholesale Banking Portfolio and assess the Potential Vulnerable Accounts.
• To conduct Climate Risk Stress Test for Wholesale Banking portfolio in line with BNM requirements, which encompass both the Transition Risk and Physical Risk for Wholesale Portfolio.
• To obtain endorsement and approvals for model reviews from both internal and Group senior management
  

The candidate should have some experience in managing Big Data and AI algorithms to build future Ai models in improving operating efficiency in the various types for above mentioned models.

Job Requirements

• A recognized PHD/ Masters/Bachelor’s Degree in a quantitative discipline, Mathematics, Actuarial, Statistics, Finance, Financial Engineering or Engineering degree
• Preferably 3-4 years working experience in Credit Model Environment
• Have some experience in building AI models with Python coding capabilities.
• Strong analytical and statistical skills with experience in statistical modeling would be highly desirable.
• Ability to multi-task and manage a number of differing tasks, ensuring that effective communication is maintained.
• Ability to work under tight deadlines is necessary.
• Strong communication skills in writing and interpersonal skill is required.
  
  

Be a part of 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.

Apply now and make a difference.