• AVP , Model Development - Wholesale Banking , Risk Management Group Jobs in Singapore

  • DBS Bank Ltd
  • Singapore

Job Description:

AVP, Model Development - Wholesale Banking, Risk Management Group - ( WD06670 )

Business Function

Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure


Develop, implement and maintain Probability of Default (PD) models and credit risk methodologies for Financial Institutions (Banks and Non-Bank FIs) and Sovereigns, for regulatory (ie IRB and Stress Testing) purposes
Prepare and maintain clear and detailed documentation of model revisions and new model developments
Liaise with and support the technology team to implement models into various risk systems, providing model specifications and testing system functionality prior to deployment
Support the internal models approval and governance processes, providing detailed explanations and justification of modelling decisions and assumptions and addressing potential issues, particularly along Model Validations reviews and Internal Audits reviews
Support the external models approval and governance processes, providing necessary explanations, justifications and analyses, particularly along the relevant Supervisors approval assessments and external Auditors reviews
Research, propose and develop enhancements of existing models, to improve accuracy, risk discrimination, forward-looking capability and responsiveness to economic environment, considering the evolution in the relevant regulatory environment, academia and industry


University graduate or post-graduate with major in Finance / Econometrics / Mathematics / Statistics or related quantitative disciplines
Minimum 5 years of relevant experience in the development of internal rating models involving PD, LGD, and EAD
Strong analytical, numerical, and problem solving skills
Proven knowledge in the development of internal credit rating models (PD, EAD and LGD)
Well-versed in using programming languages such as SAS, SQL, Microsoft Access, Microsoft Visual Basic
Good interpersonal and communication skills
Strong team player
Able to work effectively and independently in a dynamic business environment and under pressure
Credit analysis skills a plus

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Banks/Insurance/Financial Services
Role : Risk/Credit/Economic Analyst
Salary : As per Industry Standards
Deadline : 16th Feb 2020

Key Skills:

Company Profile:

DBS Bank Ltdarfix

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