Credit Model Validation - AVP (Retail Banking) | Singapore, SG | In-Office

Kerry Consulting Pte Ltd; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading recruitment consultancy in Singapore is searching for an Assistant Vice President (AVP) in Credit Model Validation for the Risk Management team. The successful candidate will independently validate retail credit risk models, ensuring compliance with regulatory standards. Candidates should have a relevant degree and experience in credit risk modeling, with proficiency in SAS, R, or Python. Collaboration with various teams and presenting insights to senior management will be key responsibilities.

Qualifications

• 3 to 7 years of experience in credit risk or model validation within financial institutions or consulting firms.
• Strong expertise in retail credit products and risk modeling frameworks.
• Ability to validate models and provide actionable recommendations.

Responsibilities

• Independently validate retail credit risk models.
• Review and assess model methodologies and performance metrics.
• Document validation findings and present insights to senior management.

Skills

Analytical skills

Communication skills

Stakeholder management

Education

Bachelor's or Master's degree in Finance, Economics, Statistics, or Actuarial Science

Tools

SAS

R

Python

Job description

Credit Model Validation - AVP (Retail Banking)

Kerry Consulting Pte Ltd Singapore Apply now Posted 1 day ago In-Office Job Permanent Negotiable

Credit Model Validation - AVP (Retail Banking)

Kerry Consulting Pte Ltd Singapore Apply now

Our client is seeking an experienced and detail-oriented Assistant Vice President (AVP) to join their Risk Management team, specializing in Retail Credit Model Validation.

Responsibilities

In this role, the AVP will be responsible for independently validating retail credit risk models used across various portfolios, including origination, scoring, provisioning, and stress testing models. The successful candidate will thoroughly review and assess model methodologies, assumptions, data quality, and performance metrics to ensure adherence to regulatory standards and internal risk policies. They will identify potential weaknesses or limitations within the models and provide clear, actionable recommendations aimed at strengthening model robustness and predictive accuracy. The AVP will be tasked with documenting validation findings, preparing comprehensive reports, and presenting insights to senior management and regulatory bodies. Collaboration with model development and data teams will be essential to understand the design and purpose of each model, as well as to facilitate ongoing monitoring through periodic reviews. The role also involves staying current with evolving regulatory requirements and industry best practices in credit risk modeling, supporting audit and regulatory examinations related to validation activities.

Requirements

The ideal candidate will possess a bachelor's or master's degree in Finance, Economics, Statistics, Actuarial Science, or a related field, along with at least 3 to 7 years of experience in credit risk or model validation within financial institutions or consulting firms. Strong expertise in retail credit products, risk modeling frameworks such as Basel and IFRS 9, and proficiency in statistical tools like SAS, R, or Python are required. Excellent analytical, communication, and stakeholder management skills are essential, along with the ability to operate effectively in a dynamic environment. To apply

Please submit your resume to Jeremy Koh at [e-mail], quoting the job title 34272. We regret that only successful shortlisted candidates will be notified.

Licence Number: 16S8060 / R1113423

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Founded in 2003 in Singapore, Kerry Consulting is now a leading recruitment consultancy, recruiting across the Asia Pacific region. Known for its service excellence, the firm partners with many of the world's leading business institutions and upcoming startups, and has been integral in making key hires and building up the talent infrastructure for these companies. Kerry Consulting's primary goal is to affect positive long-term change for both their clients and candidates. The talented recruitment team at the consultancy is the most experienced, and amongst the largest, in the region.

Kerry Consulting recruiters extensively for the following functions: Front Office, Legal, Compliance & Risk, Finance & Accounting, Technology, Human Resources, Sales & Marketing, PR & Communications, and Operations, amongst others.

The firm's coverage extends across the full spectrum of the modern-day Financial Services industry, across traditional banks, investment firms and insurance companies to fintech, payments and digital assets companies and exchanges. Kerry Consulting also has specialist teams recruiting for industries in Energy & Commodities, FMCG & Retail, Food & Nutrition, Health & Life Sciences, Hospitality & Real Estate, Industrial Conglomerates, IT & Telco, Logistics, Technology, Semiconductor and more.

The firm provides a range of services to its clients including executive search and selection, interim solutions and market mapping.

The organisation's recruitment philosophy is based on trust, energy, market knowledge, continuity of relationship and business understanding, with many of their consultants being multiple winners of Asia Money Headhunters polls. A recipient of the esteemed "Great Place to Work Singapore" Ceritification, At Kerry Consulting, the foremost held belief is that every organisation's success is determined by the quality of its people.

Associate - Fund Accountant (Hedge Fund) Kerry Consulting Pte Ltd Singapore

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