AM/MGR, Credit Stress Testing Analyst

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

 Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

 We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

As a Risk Analyst in the Risk Portfolio Management (RPM) - Risk Capital & Validation team focusing on Credit Stress Testing, you'll play a critical role in ensuring that OCBC's risk management framework is robust and effective.

RPM comprises of a broad range of functions primarily focused on credit portfolio management across banking subsidiaries within OCBC Group. These include:

• Assessing the risk and opportunities in the Bank’s key markets and asset classes in the context of the Bank’s risk appetite and against economic, structural and cyclical conditions.

• Determining the risk and opportunities in the Bank’s key markets and asset classes in the context of the Bank’s risk appetite and against economic, structural and cyclical conditions.

• Analysing and measuring credit and financial performance of the portfolio from multiple perspectives, including legal entity, business unit, customer segment, product, industry, geography.  Identifying trends and drivers, drawing insights and developing management discussion points and recommendations

• Developing, implementing and managing the credit risk measurement framework encompassing credit risk scorecards and rating models, risk weighted assets determination, risk measurement data and systems infrastructure, policy and processes, expert guidance to users on usage and interpretation. These frameworks are used in the credit underwriting, customer selection, limit setting, early warning and problem recognition, assessment of capital and provision adequacy internally as well as for regulatory compliance.

• Managing suite of portfolio dashboards and reports to the Board, senior management, functional risk committees and supervisory authorities.

• Design and implementation of credit stress testing applications (Python-based).

• Design and implementation of data flows to support credit stress testing

• Identification of process improvement opportunities for credit stress testing

• Own and manage end to end delivery of transformational initiatives for credit stress testing.

• Keep abreast of leading industry practices and tools and keep our credit stress testing infrastructure up to date.

As our aim is to develop well rounded portfolio risk managers and have many opportunities to engage in:

• Develop understanding of credit stress testing methodologies

• Collaboration across functional areas of other portfolio management initiatives (e.g. environmental risk analytics, credit RWA analytics, ECL analytics etc.).

• Independent model validation for credit risk models - the scope includes newly developed / existing IRB and ECL models for both retail and non-retail portfolios.

• Strong analytical and computational skills, working knowledge of SQL and Python

• Basic understanding of banking products and data

• Good oral and written communication skills

• Independent, creative and pro-active problem-solving mindset

• Project / Change management experience

The following would be an added advantage:

• Good understanding of risk management concepts

• Good understanding of Basel III and IFRS regulations

• Experience in Credit Stress Tests/Climate scenario analysis/Credit RWA analytics/ECL analytics

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.