Senior Analyst, Risk Management, APAC

SMBC Group; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

SMBC Group in Singapore seeks an experienced risk professional to oversee model risk management, stress testing, and portfolio governance. You will work with multi-franchise entities to review governance, inventories, validation reports, monitoring, and remediation activities.

The role requires 3–5 years in relevant risk disciplines, strong analytical and communication skills, and the ability to collaborate across regional teams in a matrix environment. Strong regulatory awareness is preferred.

Qualifications

• Bachelor's degree in Finance, Risk Management, Data Analytics, Statistics, Mathematics, Information Systems, Economics, or related discipline.
• 3–5 years of relevant experience in Model Risk Management, Model Validation, Stress Testing, Credit Risk, Enterprise Risk Management, Risk Governance, or related disciplines within financial services.
• Good understanding of model lifecycle governance and model risk management principles.
• Experience reviewing, validating, monitoring, developing, or governing risk models used in banking, consumer finance, leasing, or non-bank financial institutions.
• Familiarity with stress testing frameworks, scenario analysis, and risk governance processes.
• Ability to analyze complex information, identify key risk implications, and communicate findings effectively.

Responsibilities

• Support the oversight of model risk management practices across multi franchise (MF) entities.
• Review model governance frameworks, model inventories, validation reports, monitoring activities, and remediation plans.
• Assess effectiveness of model lifecycle controls, including model development, implementation, usage, monitoring, and change management processes.
• Identify and elevate material model risks, governance gaps, and emerging issues to senior stakeholders.
• Support the preparation of management reporting, thematic reviews, and portfolio-level risk insights.

Skills

Analytical skills

Communication skills

Cross-functional collaboration

Education

Bachelor's degree in Finance, Risk Management, Data Analytics, Statistics, Mathematics, Information Systems, Economics, or related discipline

Job description

• Support the oversight of model risk management practices across multi franchise (MF) entities.
• Review model governance frameworks, model inventories, validation reports, monitoring activities, and remediation plans.
• Assess effectiveness of model lifecycle controls, including model development, implementation, usage, monitoring, and change management processes.
• Identify and elevate material model risks, governance gaps, and emerging issues to senior stakeholders.
• Support the preparation of management reporting, thematic reviews, and portfolio-level risk insights.

Job Responsibilities

Model Risk Management Oversight

• Support the oversight of model risk management practices across multi franchise (MF) entities.
• Review model governance frameworks, model inventories, validation reports, monitoring activities, and remediation plans.
• Assess effectiveness of model lifecycle controls, including model development, implementation, usage, monitoring, and change management processes.
• Identify and elevate material model risks, governance gaps, and emerging issues to senior stakeholders.
• Support the preparation of management reporting, thematic reviews, and portfolio-level risk insights.

Stress Testing Oversight

• Support reviews of stress testing frameworks, methodologies, scenarios, assumptions, and governance practices across MF entities.
• Assess the consistency and robustness of stress testing approaches across different businesses and jurisdictions.
• Analyze stress testing results to identify potential vulnerabilities, concentrations, and emerging risk themes.
• Contribute to portfolio-level aggregation, benchmarking, and comparative analysis of stress testing outcomes.
• Evaluate the impact of macroeconomic and sector-specific developments on portfolio companies and their risk profiles.

Portfolio Risk Governance

• Support the adoption of SMBC's model risk management and stress testing standards across MF entities.
• Partner with local risk management teams to promote sound governance and risk management practices.
• Prepare risk assessments, thematic reviews, and deep-dive analyses on key portfolio risk topics.
• Support the provision of risk insights and reporting to senior management, Board representatives, and governance forums.
• Monitor regulatory developments and industry trends, assessing their relevance to portfolio companies and Group oversight activities.

Stakeholder Management & Coordination

• Build effective working relationships with MF risk management teams and key stakeholders across the region.
• Coordinate information requests, reviews, and follow-up actions relating to model risk management and stress testing.
• Prepare clear and concise presentations, reports, and briefing materials for senior stakeholders.
• Collaborate closely with RMDAP and AGMD/ID to promote consistent risk standards and governance practices across MF portfolio.

Job Requirements

• Bachelor's degree in Finance, Risk Management, Data Analytics, Statistics, Mathematics, Information Systems, Economics, or related discipline.
• 3–5 years of relevant experience in Model Risk Management, Model Validation, Stress Testing, Credit Risk, Enterprise Risk Management, Risk Governance, or related disciplines within financial services.
• Good understanding of model lifecycle governance and model risk management principles.
• Experience reviewing, validating, monitoring, developing, or governing risk models used in banking, consumer finance, vehicle finance, leasing, or non-bank financial institutions.
• Familiarity with stress testing frameworks, scenario analysis, and risk governance processes.
• Ability to analyze complex information, identify key risk implications, and communicate findings effectively.
• Experience working with multiple stakeholders in a matrixed and multicultural environment.
• Regional risk management or portfolio oversight experience would be advantageous.

Skills & Competencies

• Strong analytical, problem-solving, and critical thinking skills.
• Ability to synthesize complex risk information into concise and actionable insights.
• Good understanding of banking and non-bank financial products, including corporate loan, SME lending, unsecured consumer lending, and vehicle finance.
• Familiarity with risk appetite frameworks, credit performance metrics, and regulatory reporting concepts.
• Strong written and verbal communication skills, including the ability to prepare materials for senior management.
• High cultural awareness and ability to work effectively across diverse markets and teams.
• Comfortable operating in matrix organization and coordinating stakeholders across multiple jurisdictions and time zones.
• Familiarity with regulatory expectations issued by regulators such as RBI, OJK, BSP, SBV, MAS, or equivalent supervisory authorities would be an advantage.