Model Analyst, Risk Model Analytics

AmBank Group; Kuala Lumpur; On-site; MYR 120,000 - 160,000; Full time

Job summary

AmBank Group in Kuala Lumpur seeks a qualified professional to develop and manage wholesale credit risk models. You will work under guidance of Team Lead and ensure models meet governance and regulatory standards (MFRS 9, Basel II/III IRB).

Collaboration with vendors and auditors is essential as is ongoing model monitoring and enhancement. The role emphasizes proactive issue resolution, automation of reporting, and timely communication of progress to leadership while maintaining strong data

Qualifications

• Bachelor's Degree in a quantitative field.
• 3–5 years of experience in credit risk model development and/or model management.
• Strong understanding of MFRS 9 and Basel II/III IRB regulatory requirements.
• Proficiency in Credit Risk Modelling, Model Monitoring & Analytical Skills, MFRS 9, Basel II/III IRB, SAS/SQL.

Responsibilities

• Develop and implement wholesale credit risk models per approved specifications.
• Collaborate with Team Lead/Unit Head during development and enhancements.
• Ensure models meet internal governance standards and regulatory requirements (BNM Basel II/III IRB, MFRS 9).
• Collaborate with vendors and external consultants on joint model development initiatives.
• Address findings raised by validators, regulators, and auditors.
• Monitor model performance using the approved monitoring framework.
• Identify performance deterioration and propose corrective actions.
• Discuss monitoring results with Team Lead/Unit Head.
• Recalibrate or enhance models and rollout successfully.
• Support Model Implementation in the MEP PCCM system.
• Address production issues related to model inputs, outputs, data quality, and system logic.
• Resolve system configuration and data-related issues, including scripting, UAT, and automation.
• Produce timely model monitoring and risk reports with insights.
• Automate report generation to improve efficiency and turnaround time.
• Prepare materials for quarterly working group and committee presentations.
• Provide regular updates to Team Lead/Unit Head on progress and actions.
• Ensure compliance with internal policies, regulatory standards, and model risk governance frameworks.
• Resolve all issues and audit control requirements within timelines.
• Maintain at least C rating for MPR and good BNM CRR ratings.
• Participate in on-the-job training and knowledge sharing.

Skills

Credit Risk Modelling

Model Monitoring

Analytical Skills

MFRS 9 knowledge

Basel II/III IRB Knowledge

SAS / SQL Programming

Education

Bachelor's Degree in Actuarial Science, Statistics, Mathematics

Tools

SAS

SQL

Job description

Job responsibilities:

• Develop and implement wholesale credit risk models in accordance with approved model specifications.
• Work with guidance from Team Lead / Unit Head during model development and enhancement activities.
• Ensure models meet internal model risk governance standards and regulatory requirements (BNM Basel II/III IRB, MFRS 9).
• Collaborate with vendors and external consultants on joint model development initiatives.
• Address findings raised by independent model validators, regulators (BNM), and internal/external auditors.
• Monitor model performance using the agreed monitoring framework on a timely basis.
• Identify performance deterioration, gaps, or issues and propose corrective action plans.
• Discuss monitoring results and recommendations with Team Lead / Unit Head.
• Recalibrate or enhance models as required and ensure successful rollout.
• Support the Model Implementation team in deploying and maintaining models in the MEP PCCM system.
• Address production issues related to model inputs, outputs, data quality, and system logic.
• Resolve system configuration and data-related issues, including scripting, UAT support, and automation.
• Produce accurate and timely model monitoring and risk reports with sound analytical insights.
• Automate report generation to improve efficiency and turnaround time.
• Prepare materials for quarterly working group and committee presentations.
• Provide regular updates to Team Lead / Unit Head on progress, issues, and action plans.
• Ensure compliance with internal policies, regulatory standards, and model risk governance frameworks.
• Resolve all issues and audit control requirements (ACRs) within agreed timelines.
• Maintain at least C rating for Model Performance Review (MPR) and ensure good BNM CRR ratings.
• Participate in on-the-job training and continuous learning initiatives.
• Contribute to cross-functional knowledge sharing on modeling frameworks, methodologies, and system configurations.
• Maintain positive working relationships with peers, stakeholders, and related units.

Job Requirements:

• Bachelor's Degree in Actuarial Science, Statistics, Mathematics, or a related quantitative discipline
• At least 3–5 years of experience in credit risk model development and/or model management with hands-on experience with credit risk modeling methodologies and systems.
• Strong understanding of MFRS 9 and Basel II/III IRB regulatory requirements.
• Adept in following skillsets: Credit Risk Modelling, Model Monitoring & Analytical Skills, Knowledge of MFRS 9, Basel II / Basel III IRB Knowledge, SAS / SQL Programming (core)