Vice President, Credit Risk Modeler, Group Business Banking

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Vice President, Credit Risk Modeler, Group Business Banking

Posting Date: 3 Jan 2025

Location: Singapore, SG

Company: United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

About the Department

Business Banking Analytics is part of Group Wholesale Banking (GWB) and is responsible for developing, implementing and monitoring risk and marketing models for Small and Medium Enterprises. Specifically, the division is responsible for Basel credit models, scorecards, pre-campaign analyses, post-campaign evaluation, as well as portfolio analytics, management and reporting. The division is also responsible for supporting the associated risk and marketing datamart and related systems. Our mission is to drive decision making based on value analytics throughout the customer value chain.

Job Responsibilities

We are seeking a talented individual for an Analyst role within our Business Banking Analytics Modeling team. The candidate should have a strong understanding of statistical concepts, programming skills and a keen analytical mind.

The candidate will be a senior analyst responsible for developing, implementing, and monitoring risk scorecards and Basel credit models, as well as overall risk management of Business Banking portfolios in Singapore and regional markets.

1. Responsible for developing and maintaining Basel credit risk models and scorecards to support credit risk and performance management across the regional markets.
2. Partner with regional credit risk modelers to drive model validation & model development; and provide justification / explain the validation results to various stakeholders.
3. Work closely with various stakeholders in Group and regional countries to support credit risk analytics for Basel models and scorecard usage and optimization.
4. 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.
5. 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).
6. Provide regular and ad-hoc credit risk analyses and reports to senior management, regulators, and other key stakeholders.
7. Present models to senior management and stakeholders, obtain model signoffs, and where relevant, seek regulator’s approval for new models.

Job Requirements

1. Minimum 8 years of experience in credit risk model development/validation, or similar analytic roles in a banking environment.
2. Ability to clearly communicate technical model performance metrics in an easy-to-understand manner and tailoring them to different audiences.
3. Ability to handle multiple projects with minimal supervision.
4. Team player who can work well with cross-functional teams in Group and regionally, good communication skills (verbal and written) and self-motivated.
5. 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.
6. A good degree in Banking & Finance, Financial Engineering, Statistics, Computer Science, or equivalent.

Be a part of 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.