DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth : Greater China, Southeast Asia and South Asia.
The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named Asia’s Best Bank by The Banker, a member of the Financial Times group, and Best Bank in Asia-
Pacific by Global Finance. The bank has also been named Safest Bank in Asia by Global Finance for nine consecutive years from 2009 to 2017.
Maintaining high standards of work and technical excellence, including the research and analysis of latest practices, interpretation of regulator guidelines, and interpretation of credit risk model policies and practices
Lead and participate in model development for retail and non-retail portfolios (including PD, LGD, EAD, application, behavior and collection models), ensuring model efficacy and compliance with internal policies and external regulatory requirements.
Provide methodological thought leadership
Actively participate and oversee the development projects from an end-to-end perspective including facilitating the model approval process and overseeing successful model implementation and performance monitoring
Partner with Model Validation team to ensure timely and accurate validation of all models
Proactively engage various model stakeholders, such as credit and business, and senior management for model acceptance, approval and maintenance
Mentor and coach junior staff members to enhance risk analytical capability
Ensure execution excellence by having a keen eye on details and by closely monitoring the project progress
Materially contribute to the proper adherence to and improvement of model development & monitoring standard
Proactively engage the model stakeholders in an effective manner for the purpose of model development and maintenance
University graduate or above in Statistics, Finance, and Economics is preferred.
Minimum of 9 years’ hands-on experience in the development / monitoring / implementation of risk models including scorecards and / or Basel 2 models retail and non-
retail portfolios, including framework for stress testing and ICAAP. Experience in risk models for corporate and private banking portfolio also will be an added advantage.
Working knowledge of SAS and Excel is essential. Knowledge in R and Python will be an added advantage
Experience of end to end use of models from risk management through to capital calculation is advantageous
Understanding of statistical / econometric / modelling theory and technical application in credit risk. Experience in credit risk management is advantageous.
Good understanding of the Basel II Accord, MAS and HKMA Supervisory Requirements
Good knowledge on credit and business products.
Good Communication and writing skills
Candidate with less experience will be considered for the role of Assistant Vice President