AVP-SVP, SME Credit Risk Modeler, Group Retail

United Overseas Bank
Singapore, Singapore
13 May 2022
12 Jun 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
AVP-SVP, SME Credit Risk Modeler, Group Retail

Posting Date: 11-May-2022

Location: 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.

Job Responsibilities
The role is based in Singapore and will report to the Group Head of Risk and Decision Management. The Candidate is expected to focus on the Small and Medium Enterprise (ie, Business Banking) segment. As a senior member of the team, the Candidate is expected to mentor and manage junior team members. Over time, the Candidate is encouraged to explore other areas of analytics within the Division.
Manage existing and develop new credit risk models for the SME customer segment in the following areas:
  • Application and Behaviour Scorecards for acquisition/underwriting and account/portfolio management activities
  • Basel capital models - ie, PD, LGD and EAD models
  • IFRS 9 Expected Credit Loss modelsOther relevant models for risk management purposes - eg, early warning systems, fraud, stress testing, etc
  • Candidate is expected to build predictive models/analytics using:
  • a suite of statistical / data science techniques (regression, gradient boosted trees, network analytics, neural networks, NLP, audio/image processing, etc) that is best fit for purpose / use
  • both structured and unstructured data (test, audio, image, streams, etc) that can be found within the bank and external partners, vendors or in the internet in general (social media, web-crawled data, etc)
  • UOB is currently deploying 'alternative data' credit models (eg, payments, e-commerce, etc), in addition to 'traditional data' models using credit bureau and financial / bank statements. The candidate is expected to actively source for new data sources and expand on alternative data scoring for SME
  • Conduct / support any UAT or other testing of data, systems, tools related to risk models and model deployment
  • Proactively discuss with business and other stakeholders to explore monetization opportunities using credit models and analytics, beyond risk management and compliance

Job Requirements
  • >10 years of experience in retail or SME credit risk modeling
  • Undergraduate degree in a quantitative programme, such as Statistics, Mathematics, Actuarial Science, Financial Engineering, etc. Post graduate degree is desirable
  • Very strong programming + technology skills:
    • SAS is a must for data management, ad-hoc analyses and modelling. Python is used for most newer/advanced algorithms and data science libraries
    • Cloudera Big Data Platform - for data engineering and data science work on UOB's data lake
    • MS Office macro programming for automation
  • Analytical mind with sound business insight, excellent communicator (verbal and written), highly meticulous, and self-motivated
  • Maturity that will enable the candidate to be a credible counterpart to business managers and senior management, and the ability to develop on-going 'trusted advisor' relationships based on the ability to understand, analyse, discuss and address key business challenges raised

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.

Apply now and make a difference.

Similar jobs

Similar jobs