AVP, Quantitative Analyst BI Retail Credit Risk Modeler

Barclays; Singapore; Hybrid; SGD 90,000 - 130,000; Full time

Job summary

A leading financial institution in Singapore is seeking an Assistant Vice President, Quantitative Analyst BI Retail Credit Risk Modeler. This role involves developing econometric models to predict credit risk and ensuring compliance with regulatory requirements. The ideal candidate will possess strong statistics, programming knowledge, and leadership skills. This position may offer telecommuting options and will play a critical role in driving operational effectiveness and contributing to policy development.

Qualifications

• Strong knowledge of statistical methods and programming techniques.
• Experience in model development and implementation.
• Ability to produce comprehensive documentation for model adherence.

Responsibilities

• Develop econometric models to predict credit risk.
• Collaborate with management and auditors for compliance.
• Lead a team to achieve operational effectiveness.

Skills

Supervised classification

Manual testing

Credit risk modeling

Tools

Hadoop

SQL

Spark

Job description

As an Assistant Vice President, Quantitative Analyst BI Retail Credit Risk Modeler at Barclays Services Corp., you will be responsible for developing account level multivariate and time series econometric models to predict credit risk using statistical methods such as logistic regression, linear regression, generalized linear regression, decision tree, and machine learning techniques. Your role will involve project design, predictive model development, strategy development, creation of production code, and implementation of models. Leveraging your knowledge of statistics, economics, mathematics, and programming techniques, you will develop financial tools used by internal business units to quantify and manage credit risk.Using tools such as Hadoop, SQL, and Spark, you will extract relevant features from raw data sources, perform feature engineering, derive target variables, and construct data structures for multiple model development purposes. It will be essential for you to produce comprehensive documentation to ensure model replication and predict model adherence to internal, external, and regulatory requirements. You will provide intellectual leadership and analytical support to clients, assisting them in developing best-in-class practices throughout the product life cycle.Collaborating with senior management, model owners, regulators, and auditors, you will communicate model development techniques and collaborate with the Chief Risk Officer team and Independent Validation Unit team to deep dive into modeling results. You will liaise with internal and external auditors to ensure compliance with firm-wide and industry practices. Additionally, you will draft production code, collaborate with the implementation team to perform User Acceptance Testing (UAT), and drive model implementation into production. The position may allow for telecommuting.In this role, you will design, develop, implement, and support mathematical, statistical, and machine learning models and analytics used in business decision-making. Your responsibilities will include designing analytics and modeling solutions for complex business problems, collaborating with technology, developing high-performing solutions, implementing analytics and models accurately, and providing ongoing support for their effectiveness. You will also ensure conformance to all Barclays Enterprise Risk Management Policies, particularly the Model Risk Policy, and work within the defined control environment.As an Assistant Vice President, you are expected to advise and influence decision-making, contribute to policy development, and take responsibility for operational effectiveness. You will lead a team, set objectives, coach employees, and demonstrate leadership behaviours to create an environment for colleagues to thrive. Whether in a leadership role or as an individual contributor, you will collaborate on complex assignments, identify new directions for projects, consult on complex issues, mitigate risks, and contribute to the control and governance agenda.Demonstrating the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset to Empower, Challenge, and Drive, you will play a crucial role in driving the organization towards success through your expertise and leadership in quantitative analysis and risk modeling.,

• Job Tags supervised classification, manual testing, credit risk modeling, credit risk

Sign-in & see how your skills match this job

Find Your perfect Job

Sign-in & Get noticed by top recruiters and get hired fast