Job Description

• Undertake independent validation on the credit risk models including MFRS 9 models to ensure the applicability and proper application of quantitative methods and that the models comply with regulatory requirements/standards
• Review the applicability/relevant approaches to data handling, comprehensiveness of model documentation, proper governance and model usage
• Perform quantitative assessment to measure model performance and determine its effectiveness in its intended use
• Independently challenge with critical analysis and identify the model limitations and assumptions and suggest appropriate recommendations/ enhancements for refinement/ rectification
• Effectively communicate on the validation findings/results to the stakeholders (e.g. business units/model developers/auditors)
• Perform tracking on outstanding validation findings and reporting its progress on rectification

Requirements

• A recognised degree in statistics, mathematics, financial engineering or other related quantitative discipline with at least 3 years of related working experience, preferably in model development or model validation
• Excellent analytical, problem solving and quantitative skills
• Familiar with statistical techniques and tools, i.e. programming knowledge in SAS will be an added advantage
• Good communication and interpersonal skills
• Good writing skills

Why Join Us?

• We offer exciting possibilities and doors of opportunities will be opened to high performing individuals.
• Our employees are the fundamental building block of the Bank\'s resilience and long term sustainability. We are therefore committed to nurturing, developing and empowering our talents to ensure that each of them will grow to their greatest potential along side the Bank.
• We hire the most talented people from diverse backgrounds. We value diversity as the wealth of experience and perspectives strengthens our ability to connect with a wide cross-section of customers and build a richer environment for creativity and innovation.

What You Can GetOur integrated suite of wellbeing programmes designed to enhance the employees\' quality of life and welfare include the provision of:

• Fair and competitive remuneration
• Comprehensive medical benefit scheme
• Low interest/interest free staff housing loans/vehicle loans/special loans
• Attractive annual leave scheme, extended maternity leave, sabbatical leave, examination leave etc.
• Insurance coverage and attractive retirement schemes
• Performance-based reward system
• Opportunities for career advancement based on merit

To encourage employees to strive for career progression, we accord other defined benefits and perks to employees as they progress up the corporate ladder to assume bigger roles and responsibility

Public Bank