Section Head, Model Validation

Newly created challenging position in a large financial institution

Your new company
This large financial institution is well recognised and established across the Asia Pacific region. Our client offers an innovative and supportive work environment where career progression and development are actively encouraged. Due to organisational growth and further expansion, they are now looking for several experienced Credit Risk Validators to join them.

Your new role
Depending on your seniority you will be given the opportunity to lead a team to undertake model validation and maintenance on either Retail or Wholesale credit models. You need to identify key causal factors affecting PD, LGD, EAD outcomes and advising business on positive or negative actions. As you are the expert, you are required to be able to run early identification of trends, potential models deterioration and causes, and drive corrective measures. At the same time, you are expected to undertake model repairs, re-development, and improvements. You need to do impact analysis of model changes on RWA and provisions. You are the liaison personal with BNM while managing response as well. As a team leader, you need to provide technical guidance in Validation and SAS programming. Besides that, you need to review and provide feedback on model development, reviews and implementation.

What you'll need to succeed
  • Ideally you will have at least 5 years of experience within the Financial Services/Big 4 industry
  • Prior experience in model validation (BASEL/FRS9) is a must
  • An eye for detail and possessing strong communication skills
  • Proficiency in using programming language such as R, Python, SAS or its equivalent
  • Prior people management experience is highly preferred but not essential

What you'll get in return
In return for your dedication and hard work you'll be rewarded with:
  • Excellent opportunity with one of the most attractive employers in the banking industry
  • Highly attractive compensation package including a competitive performance based bonus structure
  • Autonomy and opportunities to develop into a senior management role

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new Risk Management position, please contact Jet Wong at +603-2786 8686 or email Jet.Wong@hays.com.my for a confidential discussion on your career. #1186002

Summary

Job Type
Permanent
Industry
Banking & Financial Services
Location
Malaysia
Specialism
Banking and Financial Services
Ref:
1186002

Talk to a consultant

Talk to Jet Wong, the specialist consultant managing this position, located in Kuala Lumpur
Suite 4 and 5, Level 23, Menara 3, Petronas

Telephone: +60327868686