NMD IRRBB Model Development Consultant

Unison Consulting Pte Ltd; Singapore; On-site; SGD 90,000 - 120,000; Part time

Job summary

A consulting firm in Singapore is seeking an experienced Advisor to lead NMD IRRBB model development in compliance with European regulations. The role requires strong technical expertise in risk modeling and Python skills, with at least 10 years in quantitative analysis within financial institutions. This position offers the opportunity to drive model development and deliver innovative solutions.

Qualifications

• Proven experience in NMD IRRBB model development and European regulatory frameworks.
• Strong Python programming skills; experience with data manipulation and statistical modeling.
• Minimum 10 years in risk modeling or quantitative analysis within banking or financial institutions.

Responsibilities

• Lead end-to-end NMD IRRBB model development initiatives.
• Translate regulatory requirements into robust, technical model frameworks.
• Develop, validate, and maintain statistical and risk models using Python.

Skills

NMD IRRBB model development

Python programming skills

Risk modeling and validation

Communication skills

Problem-solving skills

Tools

R

SAS

MATLAB

Job description

Overview

Job Title:Advisor – NMD IRRBB Model Development

Work Type:Freelancer or Consultant

SKIILS: NMD = Non-Maturity Deposits

Job Summary:We are seeking an experienced Advisor to lead the development and implementation of NMD IRRBB models in line with European regulatory requirements. The ideal candidate will combine deep technical expertise in model development with practical Python programming skills to deliver actionable solutions. Non-Maturity Deposits

Key Responsibilities

• Lead end-to-endNMD IRRBB model developmentinitiatives, ensuring compliance with European regulatory standards.
• Translate regulatory requirements intorobust, technical model frameworks.
• Develop, validate, and maintainstatistical and risk modelsusing Python and other relevant tools.
• Providepractical solutions and recommendationsto complex risk modeling challenges.
• Collaborate with stakeholders across Risk, Finance, and IT teams to ensure model integrity and operational feasibility.
• Stay updated with evolvingEuropean banking regulationsand ensure models are compliant.
• Conduct technical reviews, documentation, and presentations for senior management and regulatory reporting.

Required Qualifications & Skills

• Proven experience inNMD IRRBB model developmentandEuropean regulatory frameworks(e.g., EBA, Basel).
• StrongPython programming skills; experience with data manipulation, statistical modeling, and automation.
• Expertise inrisk modeling, validation, and implementation.
• Solid understanding ofquantitative risk concepts, credit risk, and non-marketable risks.
• Excellent problem-solving skills with the ability todeliver practical solutions.
• Strong communication and stakeholder management skills.

Preferred

• Experience with other modeling tools such as R, SAS, or MATLAB.
• Exposure tomachine learning or AI-based risk models.
• Familiarity with cloud platforms or data pipelines for model implementation.

Experience

• Minimum10 yearsin risk modeling or quantitative analysis within banking or financial institutions.

Key Attributes

• Hands-on, solution-oriented, and proactive in driving model development.
• Detail-oriented with strong analytical and technical skills.
• Ability to work independently and mentor junior team members.