VP, Credit Risk Modeling & Validation

1011 United Overseas Bank Ltd; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

1011 United Overseas Bank Ltd in Singapore seeks a senior credit risk modelling professional to develop, validate, and monitor regulatory models including Basel PD/LGD/EAD and IFRS 9 impairment models. You will perform scorecard analytics, back-testing, and portfolio risk analysis, supporting governance and risk data initiatives across the bank's risk management framework.

The role requires 3–8 years in credit risk modelling, strong knowledge of PD, LGD, EAD, and experience with KS, AR, PSI

Qualifications

• 3–8 years of experience in Credit Risk Modelling, Model Validation, Risk Analytics, Basel, or IFRS 9 modelling within banking or financial services.
• Strong knowledge of credit risk concepts including PD, LGD, EAD, scorecard development, and model validation techniques.
• Experience performing KS, AR, PSI, back-testing, and model performance monitoring.

Responsibilities

• Develop, validate, and monitor credit risk scorecards and regulatory models.
• Perform scorecard analytics including KS, AR, PSI.
• Validate IFRS 9 models: PD, LGD, EAD and macroeconomic forecasting.
• Validate, recalibrate, and enhance Basel PD, LGD, and EAD models for compliance and effectiveness.
• Conduct model performance monitoring, back-testing, and portfolio analysis.
• Generate and analyze scorecard performance reports, booking profiles, and portfolio risk trends.
• Support UAT, model deployment activities, and risk data mart enhancement initiatives.
• Prepare model validation reports and support governance, audit, and regulatory reviews.

Skills

Credit risk concepts

KS/AR/PSI analytics

Analytical thinking

Stakeholder management

Education

Degree in Statistics/Mathematics/Actuarial Science/Quantitative Finance/Economics/Engineering/Computer Science

Tools

SAS

SQL

Python

R

Job description

1011 United Overseas Bank Ltd in Singapore seeks a senior credit risk modelling professional to develop, validate, and monitor regulatory models including Basel PD/LGD/EAD and IFRS 9 impairment models. You will perform scorecard analytics, back-testing, and portfolio risk analysis, supporting governance and risk data initiatives across the bank's risk management framework.

The role requires 3–8 years in credit risk modelling, strong knowledge of PD, LGD, EAD, and experience with KS, AR, PSI