Jobs in Kuala Lumpur, Malaysia

• Global MNC
• Rewarding Benefits

About Our Client

A Leading Global Bank.

Job Description

* Subject-matter-expert concerning all aspects of climate risk modelling (both physical risk and transition risk) and the use of climate risk models for credit risk and financial stress testing.
* Perform an independent validation of the climate risk models used in risk management, capital calculation, stress testing, etc.
* Qualitative review of model development process including underlying assumptions and theoretical basis.
* Quantitative assessment of model performance via data evaluation and statistical testing.
* Documentation of validation findings and communication of results to senior management and presentation to relevant committees.
* Maintenance of Climate Risk model family standards (with focus on model validation process and criteria) to ensure that the validation standards remain appropriate and in line with industry practices.
* Coordination with internal stakeholders on model issues, achieving suitable resolutions.
* Manage and complete the model validation from end to end, meeting the planned timelines and required standards.
* Review regulatory requirements and industry practice regarding the models.
* Assist Head of Model Validation in addressing concerns or questions relating to the climate risk models.

Governance
* Submission of model validation reports to relevant Model Assessment Committee.
* Attend Model Assessment Committee where the report is being presented for approval.

The Successful Applicant

Skills and Experience
* Expertise in analytics, developing or validating statistical models within banking industry.
* Good understanding and experience in modelling, and/or stress testing analysis.
* Proficient in statistical and data analysis using data management and statistical software which includes SAS, R, Excel etc.
* Strong communication and project management skills.
* Strong focus on quality control and attention to detail.
* Knowledge of banking data and IT infrastructure, including data management and data quality control

Qualifications
* At least graduate level qualifications in actuarial science, statistics, banking, finance, econometrics, mathematics or related quantitative field.
* Experience in developing or validating quantitative models in areas related to climate risk.
* Solid understanding of application of climate risk models, climate science and the key issues that surrounds climate risk areas.
* Subject-matter-expert concerning climate risk modelling and the use of climate risk models for credit risk and financial stress testing.
* Strong programming skills (Python, R, SAS, SQL, VBA, etc.).
* Postgraduate degree (or equivalent) in maths, statistics, finance, quantitative analysis or related quantitative field.

What's on Offer

* A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensation.
* Leaders who support your development through coaching and managing opportunities.
* A world-class training program in financial services.
* A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded.