Vice President, Credit Risk Modeler, Basel & Credit Scorecard, Group Wholesale Banking

Company: 1011 United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.

Job Description

Group Portfolio Management is part of Group Wholesale Banking (GWB) and is responsible for developing, implementing and monitoring credit risk models for Non-Retail portfolio. Specifically, the division is responsible for Basel credit models, scorecards, as well as portfolio analytics, management and reporting. The division is also responsible for supporting the associated risk datamart and related systems. Our mission is to drive decision making based on value analytics throughout the customer value chain.

The Role

The candidate will be analysts responsible for developing, implementing, and monitoring of risk scorecards and Basel credit models, as well as overall risk management of Small and Medium Enterprises portfolios in Singapore and regional markets.

Responsibilities

- Responsible for developing and maintaining Basel credit risk models and scorecards to support credit risk and performance management across the regional markets.
- Partner with regional credit risk modelers to drive model validation & model development; and provide justification / explain the validation results to various stakeholders.
- Work closely with various stakeholders in Group and regional countries to support credit risk analytics for Basel models and scorecard usage and optimization.
- Drive the use of scorecard and Basel models in customer acquisition, portfolio management, collections, and other areas of the credit cycle, through regular engagement with business managers, credit approvers, collections team and other stakeholders
- Keep up to date on changes to regulatory requirements and minimum standards of model development (Basel II, Basel IV, FRS9), including compliance to regulatory ethics standards (FEAT)
- Provide regular and ad-hoc credit risk analyses and reports to senior management, regulators, and other key stakeholders.
- Present models to senior management and stakeholders, obtain model signoffs, and where relevant, seek regulator’s approval for new models

Requirements

- > 8 years of experience in credit risk model development/validation, or similar analytic roles in a banking environment.
- Ability to clearly communicate technical model performance metrics in an easy-to-understand manner and tailoring them to different audiences
- Ability to handle multiple projects with minimal supervision.
- Team player who can work well with cross functional teams in Group and regionally, good communication skills (verbal and written) and self-motivated.
- Strong computing skills: SAS - Programming, Enterprise Guide, Enterprise Miner; SQL and database familiarity; MS Office applications, including advanced spreadsheet functionalities. Competency in R, Python and VBA will be an added advantage
- A good degree in Banking & Finance, Financial Engineering, Statistics, Computer Science, or equivalent

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Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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