Manager, Credit Stress Test & Economic Capital, Group Risk Management

United Overseas Bank
Singapore, Singapore
05 May 2022
19 May 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Manager, Credit Stress Test & Economic Capital, Group Risk Management

Posting Date: 04-May-2022

Location: Singapore, SG

Company: United Overseas Bank Limited

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
The Credit and Risk Management function is comprised of three teams: Risk Management, Credit and Special Asset Management. We manage the risks arising from the Group's business activities within the risk appetite established by the Board. This involves identifying and evaluating the risks, developing effective risk governance and strategies as well as providing independent assessment of the overall risk profile.
Credit Stress Test & Economic Capital
  • Research and develop the Bank's credit stress testing framework and methodology
  • Perform the regular review in the Bank's credit stress testing models
  • Review and enhance the Bank's credit risk economic capital model
  • Assist in ad-hoc credit risk related assignments and Projects
  • Support the stress test model and economic capital model implementation and testing

Job Responsibilities
Credit Stress Test
  • Develop the Bank's Retail and Non-Retail credit stress testing models. Perform regular review to ensure the models fit for use.
  • Participate in the research and development of stress test methodology
  • Support the stress test model implementation and UAT testing.
  • Assist the bank-wide credit stress tests (Pillar1, ICAAP, IWST)
Economic Capital
  • Participate in the review and development of credit risk economic capital model
  • Support the ad-hoc economic capital analysis
  • Assist in the model implementation and UAT testing.

Job Requirements
  • Good degree from a recognized tertiary institution, preferably in Finance, Engineering or Mathematics/Quantitative related discipline
  • Strong analytical and quantitative skills in modeling and data analysis using SAS
  • Good knowledge of Basel capital standards, IRB credit models and stress testing
  • Good written and spoken communication skills with keen ability to engage and influence at all levels
  • Team player with drive, initiative and a passion to develop a career in credit risk portfolio management
  • Working experience in Climate change risk, Consultancy in credit risk is an added advantage

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.

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