VP, Credit Risk Model Validation — Independent Validator

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

Job summary

United Overseas Bank Ltd in Singapore is seeking a Risk Analytics professional to conduct independent validation of credit risk models (PD, LGD, EAD) across retail and corporate portfolios, including IFRS 9 and stress testing. You will develop validation plans and document findings.

The role requires 2–5 years in credit risk model validation or quantitative risk, a quantitative degree, and programming skills in Python/R/SAS; strong communication and ability to convey complex concepts to

Qualifications

• Undergraduate, Master’s or Ph.D. in a quantitative field such as Financial Engineering, Mathematics, Statistics, Physics, Economics, or Computer Science.

Responsibilities

• Conduct independent validation of credit risk models (PD, LGD, EAD, IFRS 9) across retail, corporate, and wholesale portfolios.
• Provide challenges to model assumptions, data inputs, and modeling processes and document validation findings clearly.
• Develop validation plans, perform back-testing and sensitivity analyses, and benchmark model performance.
• Communicate results and recommendations to model developers, owners, senior management, and auditors.
• Stay updated on Basel, IFRS 9, MAS guidelines and emerging model risk management practices.

Skills

Statistical analysis

Quantitative modeling

Communication

Problem solving

Attention to detail

Education

Quantitative degree (MS/PhD preferred)

Tools

Python

R

SAS

Excel VBA

Job description

United Overseas Bank Ltd in Singapore is seeking a Risk Analytics professional to conduct independent validation of credit risk models (PD, LGD, EAD) across retail and corporate portfolios, including IFRS 9 and stress testing. You will develop validation plans and document findings.

The role requires 2–5 years in credit risk model validation or quantitative risk, a quantitative degree, and programming skills in Python/R/SAS; strong communication and ability to convey complex concepts to