Executive Credit Model Validation

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Responsibilities

• Provide assurance that credit risk models used for credit decisioning, limit setting, credit pricing, business strategy, capital and provisioning are fit‐for‐purpose and comply with Basel IRB, MFRS9 internal bank standards and policies.
• For in‐house model validation, perform model validation for new/revised models prior to implementation; and existing models post‐implementation annually;
• For model validation outsourced to external validators, coordinate and track validation progress; review validation findings and work quality; check coverage and compliance with IRB and MFRS9 standards and internal policies;
• Assist to follow up on closure of validation findings and recommendations by the responsible parties;
• Assist supervisors to update annual model validation planning and scheduling. This involves synchronizing work activities and timing among model development/monitoring team, external validators and internal validation team;
• Assist supervisors to coordinate the updating of credit risk model‐related framework, policies and procedures, validation tools and report templates etc;
• Participate in on‐the‐job training and validation engagement, if any, with external consultants.
• Cross‐functional knowledge sharing with in‐house and external validators involved in different models and with model development and monitoring teams.

Job Requirements

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?

Company Overview

Banking & Financial Services - More than 10,000 employees

Established in August 1975, AmBank Group is one of the largest banking groups in Malaysia by market capitalization and comprises AMMB Holdings Berhad and its subsidiaries. At AmBank Group, our people are the reason for our achievements today. We believe in diversity and creativity. We look for energy, deep passion and an unwavering drive to excel. We want motivated, agile and ambitious young individuals to join us in building a first-class team to deliver excellence within a dynamic and results-oriented environment.

Adding greater value to this one-stop financial hub is the Group’s strategic partnership with Australia and New Zealand Banking Group Ltd (ANZ), one of Australia’s leading financial institutions, International Assurance Group (IAG) and MetLife, Inc. providing the synergy of a wide network, regional presence, and international banking and financial services expertise.