VP, Stress Testing Specialist, Risk Management Group

DBS Bank Limited
Singapore, Singapore
16 Sep 2022
27 Sep 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Business Functions

Risk Management Group works closely with our business partners to manage the bank's risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure.


The team is responsible for both regulatory stress testing and general provisioning under IFRS9, including model development, execution, and reporting. The role will give the candidate the unique opportunity to have visibility over the Bank's Credit risk models, stress testing engines, stress test methodologies and ECL models, alongside a high visibility from the management.
  • Coordinate and proactively plan Stress Tests activities by working closely with each exercise's working group to ensure that timelines are communicated and adhered to
  • Work with stakeholders and external vendors to drive scenario and macroeconomic variables development activities covering bank-wide Stress Tests ie Internal Capital Adequacy Assessment Process (ICAAP), regulatory Pillar 1 exercises and Industry Wide Stress Testing (IWST)
  • Support other regulatory Stress Tests in terms of scenario development and coordination of model runs eg from HKMA
  • Focus on effective stakeholder management across various functions eg Finance, Credit, Market Risk
  • Liaise with regulators on Stress Test related submissions, surveys and clarifications
  • Establish and strengthen governance framework of Stress Testing processes
  • Improve process of populating Stress Tests handoffs while ensuring controls and traceability in this area
  • Work with stakeholders and consultants to support development of industry leading Climate Risk Stress Testing approach in the bank
  • University graduate or post-graduate with major in Economics, Finance, Statistics or other quantitative discipline
  • Minimum 7+ years of relevant experience in areas described above
  • Excellent communication, writing and presentation skills
  • Strong stakeholder management and organisational skills
  • Strong team player who is prepared to coach more junior members in the team
  • Prior experience in a Governance, Stress Testing or IFRS9 role
  • High level of understanding of Basel, MAS and HKMA supervisory requirements
  • Knowledge of Basel IRB and SA models, Stress Testing and/or IFRS9 models required
  • Ability to multi-task and perform in a fast-paced environment
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We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

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