VP, Regional Credit Risk Stress Testing & Governance

JAC Recruitment

Singapore

On-site

SGD 180,000 - 240,000

Full time

8 days ago

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Job summary

JAC Recruitment is seeking a VP of Credit Risk Stress Testing for a prominent corporate banking institution in Singapore. The role leads development, execution, and enhancement of regional stress testing capabilities to strengthen governance and provide insights for strategic decisions.

You will drive macroeconomic, sector, and borrower stress scenarios, assess impact on risk metrics, and collaborate across regional offices to ensure alignment with risk appetite and portfolio priorities.

Qualifications

Bachelor's degree or equivalent in Finance, Economics, Accounting, Business, or related discipline.
Minimum 8 years of relevant experience in credit risk management, stress testing, or related functions within a financial institution.
Strong credit risk modelling skills with a solid understanding of stress testing methodologies.
Proven ability to assess, challenge, and enhance risk management frameworks and methodologies.

Responsibilities

Lead the design, execution, and enhancement of periodic and ad hoc credit stress testing exercises for regional portfolios, including top-down and bottom-up scenario analysis.
Develop, refine, and assess macroeconomic, sector-specific, and borrower-specific stress scenarios, including interest rate shocks, refinancing risk, asset value deterioration, geopolitical developments, and other downside events.
Evaluate the impact of stress scenarios on portfolio credit quality, expected loss, credit costs, profitability, concentration risk, and risk appetite metrics, providing recommendations to senior management.
Drive the enhancement of stress testing frameworks, methodologies, governance standards, validation practices, sensitivity analysis, and reporting processes to improve consistency, transparency, and management usefulness.
Monitor macroeconomic, market, industry, and borrower developments, including early warning indicators, and assess their potential impact on regional portfolios.
Strengthen stress testing governance by establishing clear roles, responsibilities, challenge processes, and frameworks covering scenario design, model lifecycle management, validation, and reporting.
Collaborate with business units, regional offices, and key stakeholders to align stress testing outputs with portfolio management priorities, risk appetite, business strategy, and regional credit risk management initiatives.