VP, Modeler, Portfolio Management Unit

UOB; Kuala Lumpur; Sur place; MYR 180 000 - 260 000; Plein temps

Résumé du poste

United Overseas Bank (Malaysia) Bhd is seeking a senior quantitative risk modeler in Kuala Lumpur to design and implement credit risk models aligned with Basel III and IFRS 9. You will validate models through back-testing and stress testing, document methodologies, and collaborate with risk, IT, and business teams.

You will present results to diverse stakeholders and contribute to governance frameworks. A strong quantitative degree and 3+ years of financial modeling experience are required.

Qualifications

• 3+ years of quantitative modeling experience in financial services, preferably banking.

Responsabilités

• Design, develop, and implement quantitative models for credit risk and related areas, adhering to regulatory standards and best practices.
• Perform thorough model validation (back-testing, stress testing, sensitivity/scenario analyses) to assess performance and robustness.
• Document model methodologies, assumptions, limitations, and validation results clearly.
• Collaborate with risk, business, and IT to understand requirements and integrate models into systems and processes.
• Monitor model performance and suggest adjustments or enhancements as needed.
• Stay updated on industry trends, regulatory changes, and modeling advancements.
• Contribute to model governance frameworks and policies.
• Present complex model concepts and results to both technical and non-technical stakeholders.

Connaissances

Analytical thinking

Problem solving

Communication

Team collaboration

Formation

Quantitative degree (Actuarial Science, Finance, Math, Stats, Economics, CS)

Outils

Python

SAS

Description du poste

Company: 2201 United Overseas Bank (Malaysia) Bhd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values - Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.

Job Description

• Design, develop, and implement quantitative models for credit risk and other relevant areas, adhering to regulatory standards and best practices.
• Perform thorough model validation, including back-testing, stress testing, sensitivity analysis, and scenario analysis, to assess model performance and robustness.
• Document model methodologies, assumptions, limitations, and validation results clearly and comprehensively.
• Collaborate with business units, risk management, and IT teams to understand modeling requirements and integrate models into existing systems and processes.
• Monitor model performance, identify potential issues, and recommend necessary adjustments or enhancements.
• Stay abreast of industry trends, regulatory changes, and advancements in quantitative modeling techniques.
• Contribute to the development and enhancement of model governance frameworks and policies.
• Present complex model concepts and results to both technical and non-technical stakeholders.

Job Qualifications

• Degree's, Master's or Ph.D. in a quantitative field such as Actuarial Science, Finance, Mathematics, Statistics, Business Admin, Economics, or Computer Science.
• Proven experience (typically 3+ years) in quantitative modeling within the financial services industry, preferably in a banking environment.
• Proficiency in programming languages such as Python, or SAS.
• Solid understanding of financial products, risk management concepts, and relevant regulatory requirements (e.g., Basel III, IFRS 9).
• Experience with various modeling techniques, including regression analysis, time series analysis, machine learning algorithms, and stochastic processes.
• Excellent analytical, problem-solving, and critical thinking skills.
• Ability to communicate complex technical concepts effectively to diverse audiences, both verbally and in writing.
• Strong attention to detail and a commitment to accuracy.
• Ability to work independently and as part of a collaborative team.

Additional Requirements

Be a Part of the 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.