Senior Analyst / Lead Analyst – Credit Risk Modelling, Risk Portfolio Management

OCBC Malaysia; Malaysia; On-site; MYR 120,000 - 180,000; Full time

Benefits offered by this job

Competitive base salary

Holistic benefits program

Industry-leading learning & dev

Job summary

OCBC Malaysia is seeking a proactive Credit Risk Modelling professional to develop and maintain risk models across consumer, small business and wholesale segments. You will monitor performance, back-test models, and ensure governance with validators and regulators.

Strong quantitative skills and the ability to communicate with senior management are essential. Join a high-impact team dedicated to risk analytics, IFRS9, and capital adequacy, while collaborating with auditors and stakeholders to

Qualifications

• Analytical thinker with strong written and verbal communication skills.
• Strong computational skills with experience handling data and quantitative analysis.
• Ability to interact and communicate effectively with senior management.

Responsibilities

• Develop, implement, and maintain credit risk models for Consumer, Small Business and Wholesale segments.
• Develop and maintain system requirements, parameters, and configurations for model housing systems.
• Develop expertise in credit risk modelling methodologies and ensure governance and timely validation follow-up.
• Engage with auditors and regulators to ensure compliance with requirements.
• Collaborate with stakeholders to create analytical solutions using model outputs for credit decisions and capital planning.

Skills

Analytical thinking

Communication skills

Data analysis

Quantitative analysis

Stakeholder communication

Education

Degree in quantitative/financial discipline

Job description

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

About the Team:

Credit Risk Modelling is a high-profile, multi-disciplinary risk analytics team that covers credit risk models at OCBC Group. The key functions CRM performs include developing, implementing and managing various types of credit risk models, such as Credit risk Scorecards, Internal Rating models, IFRS 9 based Expected Credit Loss models, Credit Stress Testing models, Economic Capital models and Machine Learning models that support Group’s credit risk measurement. These models are embedded in the credit underwriting, customer selection, limit setting, early warning and problem recognition, as well as assessment of capital and provision adequacy.

Job position available:

• Develop, implement, and maintain credit risk models supporting the Consumer, Small Business and Wholesale segments of the Group Monitor, back-test and report performance of the models to ensure adherence to performance standards and early detection of weaknesses.
• Develop and maintain user requirements, parameters and configurations of systems housing the models.
• Develop in-depth expertise in credit risk modelling methodologies Work closely with independent model validators to ensure compliance to model governance framework and timely closure of validation findings.
• Engage with auditors and regulators to ensure compliance with relevant requirements.
• Engage with various stakeholders to develop analytical solutions using model outputs in credit decisioning, business strategies, allowance, and capital assessment.

Job Requirements:

• Degree in Quantitative/Financial discipline, such as Accounting, Finance, Economics, Mathematics or Computer Science.
• Working experience in credit analysis/modelling or credit risk management of Consumer, Small Business and/or Wholesale portfolios.
• Analytical and independent thinker with strong written and verbal communication skills.
• Ability to interact and communicate effectively with senior management.
• At least 3-5 years / 5-7 years of relevant experience in a related area for Senior Analyst / Lead Analyst respectively.
• Strong computational skills with an experience in handling data and performing quantitative analysis.
• Good understanding of Basel III, IFRS regulations and credit products.

What we offer:

• Competitive base salary.
• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry-leading learning and professional development opportunities.

Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers. Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best‑in‑class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.