Senior Credit Risk Model Validation Specialist

UOB Group; Manchester (CT); On-site; USD 85,000 - 115,000; Full time

Job summary

1011 United Overseas Bank Ltd is seeking a quantitative risk professional to independently validate credit risk models, including PD, LGD, and EAD, and to assess IFRS 9 compliance across retail, corporate, and wholesale portfolios.

You will develop validation plans, document findings, and present recommendations to model owners, senior management, and auditors, staying current with Basel and MAS guidelines and collaborating with development teams.

Qualifications

• 2–5 years of experience in credit risk model validation or related field.
• Strong understanding of credit risk modeling techniques.
• Experience with model validation processes and regulatory expectations.

Responsibilities

• Validate PD, LGD, EAD and IFRS 9 models across portfolios.
• Challenge model assumptions and data inputs.
• Develop validation plans with quantitative and qualitative analyses.
• Document findings and recommendations in validation reports.
• Communicate results to developers, owners, senior management, auditors.
• Stay updated on Basel, IFRS 9, MAS and industry practices.
• Collaborate with model development teams for improvements.
• Contribute to continuous improvement of validation framework.
• Participate in ad-hoc model risk projects.

Skills

Credit risk modeling

Quantitative analysis

Model validation

Education

Quantitative degree (BSc/MSc/PhD)

Strong quantitative background

Job description

1011 United Overseas Bank Ltd is seeking a quantitative risk professional to independently validate credit risk models, including PD, LGD, and EAD, and to assess IFRS 9 compliance across retail, corporate, and wholesale portfolios.

You will develop validation plans, document findings, and present recommendations to model owners, senior management, and auditors, staying current with Basel and MAS guidelines and collaborating with development teams.