Model Risk Management Mgr

2 weeks ago

Kuala Lumpur, Malaysia RHB Banking Group Full time

Working Hour
- Regular Hours
- Monday - Friday- Business Area
- Risk & Credit Management- Location
- Malaysia - Kuala Lumpur- Description

**Primary Objective**:
Perform and independently validate RHB Banking Group’s models, rating systems and the estimation of risk components on a regular cycle to ensure:

- the Bank’s implementations of Basel II IRB and IFRS 9 models for Credit Risk, IMA for Market Risk as well as AMA for Operational Risk are in accordance to the regulatory standards;
- objectives, assumptions, risk factors and performance of the models remain consistent with their intent, construction and design; and
- models and risk estimates remain predictive, stable and risk sensitive.

**Key Responsibilities**:

- To review model developmental evidence, outcome analysis and back-testing using the data gained during practical operations of the model while comparison or benchmark data can be included as a supplement (Quantitative Validation).
- To independently validate prior to implementation and adoption of the new / re-calibrated models for quality assurance.
- Supervise and perform tracking, monitoring and reporting progress on Outstanding Issues by relevant parties such as risk modeling, credit risk, business units, etc. pertaining to all validated models.
- Continuous enhancement of model validation methodologies or techniques.
- Requirements

**Requirements**:
Bachelor Degree - University degree or equivalent in the field of Statistics, Actuarial Science, Quantitative Finance or Accounting and Finance is an advantage..

Minimum of 3 years of credit experience in risk management or model development or model validation.
- Preferably with experiences in risk management.
- Good analytical skills.
- Good statistical modeling skills.
- Good communications and writing skills.
- Programming skills in SAS would be an added advantage.
- Benefits

Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards

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