Credit Risk Model Developer

Sing Investments & Finance Limited - 96 Robinson Road #01-01 SIF Building

Quantitative Model Developer

The position is responsible for implementing model risk management framework in line with regulatory best practice and policy, and developing and implementing credit risk rating models for businesses.
 
Responsibilities
 
  • Review ongoing monitoring for all models, and improve on model performance.
  • Complete periodical reviews, and back testing on each model to determine whether the model is working as intended, the assumptions continue to be reasonable and existing validation activities are sufficient.
  • Maintain the model risk management framework and governance structure; working to ensure compliance with policy requirements and associated model governance processes.
  • Escalate model use breaches, communicating plans for corrective actions and recommending compensating controls.
  • Present to the RMC, the Board and regulators, and contribute to regulatory updates as required.
     
Requirements
 
  • An expert on analytic/quantitative modelling techniques,
  • A Master’s degree in quantitative finance, statistics or related quantitative field
  • Strong background in modelling experience in credit risk for IRB.
  • Highly experienced in the development of predictive models
  • Sound knowledge and experience in programming.
  • Significant experience in processing large datasets, making use of relevant procedures and language.
  • Expert prior experience in model review or development, validation and implementation of analytical risk measurement tools
  • Deep understanding and knowledge of modelling process and model performance measures
  • Experience in Loan Original systems, data management and data warehousing will be an advantage
  • Ability to work independently and assume responsibility for project deliverables
  • Must show strong initiative to proactively find solutions to requirements
  • Model risk management experience in  financial institution
  • Solid analytical and problem solving skills
 
Candidates to state last drawn & expected salary. Interested applicants, please submit your resume via the Apply Now button below. (only shortlisted candidates will be notified).


Post Date 23 November 2017
End Date 23 December 2017

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Company Profile

Sing Investments & Finance Limited

Sing Investments & Finance Limited

Singapore - Central

Sing Investments & Finance Limited is a finance company listed on the Singapore Stock Exchange with more than  50 years of lending experience in the financing arena.
 
Over our 50 years in Singapore, we have delivered the best financial experience that is beyond excellence for our clients, helping both individuals as well as corporations in fulfilling their business opportunities. In this respect, we have established ourselves as one of the Singapore’s trusted finance companies.
 
Our activities cover the acceptance of Fixed and Saving deposits from the public and the provision of loans and credit facilities to individuals and corporations. We have also actively participated in events organized by SPRING Singapore and SCCCI to promote our local entrepreneurs.

Our Loan Products and Credit Facilities include:
  •     Residential and Commercial Property Loans
  •     Land and Construction Loans
  •     Machinery Loans under the Local Enterprise Finance Scheme
  •     Motor Vehicle Loans
  •     Block Discounting Facility
  •     Floor Stock Facility
  •     Share Financing
  •     Shipping Loan
  •     Invoice Factoring/ Account Receivables