Senior AVP, Independent Model Validation & Risk Models

Alliance Bank; Kuala Lumpur; On-site; MYR 180,000 - 240,000; Full time

Job summary

Alliance Bank Malaysia Berhad is seeking an Assistant Vice President for Independent Model Validation to lead validation and monitoring of risk models, including IRRBB behavioural models and credit risk models. The role emphasizes rigorous reporting and governance documentation.

The candidate will liaise with model developers, secure buy-in for recommendations, and contribute to quarterly monitoring processes. Advanced quantitative expertise and regulatory awareness are essential for success.

Qualifications

• Experience in model risk management and validation.
• Familiarity with IRRBB behavioural models and credit risk models.
• Proficiency in data modelling techniques and statistical testing.

Responsibilities

• Conduct pre- and post-validation of risk models focusing on IRRBB Behavioural models.
• Prepare validation reports per the bank's model risk standards.
• Communicate findings to developers and monitor corrective actions.
• Maintain documentation including model logs and governance records.
• Support ongoing research and development of analytical templates.

Skills

Model validation

IRRBB

Statistical tests

Risk modelling

Education

Master's degree in Finance/Statistics

Job description

Alliance Bank Malaysia Berhad is seeking an Assistant Vice President for Independent Model Validation to lead validation and monitoring of risk models, including IRRBB behavioural models and credit risk models. The role emphasizes rigorous reporting and governance documentation.

The candidate will liaise with model developers, secure buy-in for recommendations, and contribute to quarterly monitoring processes. Advanced quantitative expertise and regulatory awareness are essential for success.