Senior Credit Risk Modelling Lead (IFRS9)

OCBC Group; Singapore; On-site; SGD 110,000 - 170,000; Full time

Benefits offered by this job

Competitive salary

Flexible benefits

Community initiatives

Learning & development

Wellbeing & growth

Job summary

OCBC Bank in Singapore seeks an experienced credit risk modeller to develop and maintain models across consumer, small business and wealth portfolios. You will translate model outputs into actionable insights for credit decisioning and risk governance.

The role requires 5–7 years in credit analysis or modelling, a quantitative degree, Basel III/IFRS knowledge, and the ability to work with validators, auditors and stakeholders in a fast-paced environment.

Qualifications

• Degree in Quantitative/Financial discipline, such as Mathematics, Statistics, Computer Science, Accounting, Finance, Economics or equivalent professional certifications.
• Strong computational skills with an experience in handling data and performing quantitative analysis.
• Good understanding of Basel III, IFRS regulations and credit products.
• Analytical and independent thinker with strong written and verbal communication skills.

Responsibilities

• Develop, implement, and maintain credit risk models supporting the Consumer, Small Business and Wealth segments of the Group.
• Monitor, back-test and report performance of the models to ensure adherence to performance standards and early detection of weaknesses.
• Develop and maintain user requirements, parameters and configurations of systems housing the models.
• Develop in-depth expertise in credit risk modelling methodologies.
• Work closely with independent model validators to ensure compliance to model governance framework and timely closure of validation findings.
• Engage with auditors and regulators to ensure compliance with relevant requirements.
• Engage with various stakeholders to develop analytical solutions using model outputs in credit decisioning, business strategies, allowance, and capital assessment.

Skills

Quantitative analysis

Data handling

Communication skills

Analytical thinking

Education

Quantitative/Financial degree

Job description

OCBC Bank in Singapore seeks an experienced credit risk modeller to develop and maintain models across consumer, small business and wealth portfolios. You will translate model outputs into actionable insights for credit decisioning and risk governance.

The role requires 5–7 years in credit analysis or modelling, a quantitative degree, Basel III/IFRS knowledge, and the ability to work with validators, auditors and stakeholders in a fast-paced environment.