Quantitative Validation Specialist

3 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia Hong Leong Bank Berhad Full time
Job Description

We are seeking a highly skilled Quantitative Validation Specialist to join our team at Hong Leong Bank Berhad. The successful candidate will be responsible for providing quality assurance on various validations across all departments within Group Risk Management.

Main Responsibilities
  1. Qualitative Validation
  • The role involves conducting independent validation on RCSAs, CSAs, CIRs, Risk Policies, Reports, and SOPs for all departments within Group Risk Management to ensure the quality assurance of operational risk controls and mitigations are embedded in their respective area of operation.
  • The role requires robust, up-to-date, and compliant controls in accordance with Bank and regulator requirements.
Quantitative Validation
  • The Quantitative Validation Specialist will review ICAAP and Stress Test Validation requirements for verification performed by the team on the Bank's capital sufficiency to sustain operations under normal and stressed market conditions.
  • The role also involves reviewing and highlighting findings of Cash Flow and Fair Value Hedge Effectiveness Test Validation performed by the validation team.
  • The Quantitative Validation Specialist will assist the team in analyzing and validating data and files provided by model owners to ensure accurate computations and statistical results of MFRS9 Models, Application & Behavioral Scorecards.
Business Continuity Plan Coordinator
  • The role involves assessing risk level situations and impacts of disruptions for all departments and acting as liaison person for all BCP activation procedures and responses.
Requirements
  • Bachelor's Degree in Finance/Banking/Administration/Actuarial or its equivalent.
  • Minimum 8 years' experience in banking/finance/audit/compliance with at least 3 years of experience in middle management in the areas of risk management, audit, or compliance.
  • Strong knowledge of risk management procedures and regulatory requirements of banking and financial institutions.


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