Senior VP, Credit Risk Model Validation

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

United Overseas Bank Limited (UOB) invites applications for a Risk Analytics Validation role in Singapore. The team validates credit risk models (PD/LGD/EAD, IFRS 9) and provides independent assessments for management and auditors.

You will develop validation plans, challenge model assumptions, and collaborate with development teams to enhance risk models while staying aligned with Basel III, IFRS 9, MAS guidelines.

Qualifications

• 2–5 years of experience in credit risk model validation or related fields.
• Strong understanding of credit risk modeling techniques.
• Familiar with Basel III, IFRS 9, MAS guidelines.
• Proficient in Python, R, SAS or Excel VBA.
• Excellent analytical and communication skills.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Conduct independent validation of a wide range of credit risk models across portfolios.
• Provide effective challenges to model aspects including soundness, assumptions, data inputs, and outcomes.
• Develop and implement validation plans with quantitative and qualitative analyses.
• Document validation findings, limitations, and recommendations clearly.
• Communicate results and recommendations to model developers, owners, and senior management.
• Stay updated on Basel, IFRS 9, MAS, and emerging model risk practices.
• Collaborate with model development teams to improve methodologies.
• Contribute to continuous improvement of validation framework, policies, and procedures.
• Participate in ad-hoc projects related to model risk management.

Skills

Analytical thinking

Communication skills

Teamwork

Education

Quantitative degree

Tools

Python

R

SAS

Excel VBA

Job description

United Overseas Bank Limited (UOB) invites applications for a Risk Analytics Validation role in Singapore. The team validates credit risk models (PD/LGD/EAD, IFRS 9) and provides independent assessments for management and auditors.

You will develop validation plans, challenge model assumptions, and collaborate with development teams to enhance risk models while staying aligned with Basel III, IFRS 9, MAS guidelines.