Manager - Personal Financial Services Credit (Credit Risk Modeller)

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Functional (job responsibilities)
- ECL Model Management & Reporting:

- Prepare and finalize Expected Credit Loss (ECL) model results, including Probability of Default (PD) and Loss Given Default (LGD), on a quarterly and monthly basis, ensuring 0% error rates and timely submission.
- Perform comprehensive trend analysis on PD and LGD results.
- Prepare the quarterly model monitoring deck (KS GINI, PSI, MAD, R2, MAPE....) for senior management with high accuracy.
- Compliance & Model Maintenance:

- Ensure strict compliance with MFRS 9 policy at all times and stay updated on the latest changes to model instruments and regulations.
- Monitor and update all MFRS 9 models (PD, LGD, Curerate, Kfactor) to ensure they are prepared for monthly closing cycles.
- Model Enhancement & Implementation:

- Perform model enhancement and recalibration from time to time to ensure models remain predictive, robust, and compliant.
- Focus on continuous improvement to eliminate human intervention in the model process and remove outliers.
- Prepare documentation for management approval on model enhancements and recalibration exercises.
- Ensure all necessary SOP and Policy updates are completed and documented following any model changes.
- MFRS 9 ECL and Model automation projects.
- Define business and technical requirements from MFRS9 model and share to vendors for development.
- Manage the automation project to reduce manual intervention and improve efficiency.
- Execute comprehensive UAT testing by sharing the logic flow and performing variance analysis to ensure successful system implementation and go-live.
- Monitor the ongoing performance and accuracy of the automated model solution.
- Stakeholder Collaboration:

- Coordinate with various departments, including Collections, to gather data (e.g., recovery and cost for impaired accounts).
- Engage with Group Risk Management to ensure effective implementation of MFRS 9 models.
- Liaise with external auditors and Group Risk for model audits and recommendations.
- General Support:

- Provide support on ad-hoc requests from the Head of Department as needed.

Jobholder Requirements

Education/Qualification- Education: Bachelor's or Master's degree in Applied Math, Actuarial Science, Applied Statistics, Statistics, or a related field.- Experience: Proven experience in credit risk modelling, specifically with MFRS 9 / IFRS 9 ECL methodologies (PD, LGD, EAD).- Technical Skills: Strong proficiency in relevant statistical/programming languages (e.g., R, SAS, SQL) and advanced skills in Microsoft Excel.- Regulatory Knowledge: In-depth understanding of MFRS 9 / IFRS 9 regulatory requirements and best practices.- Analytical Skills: Excellent analytical, problem-solving, and critical-thinking skills with a keen focus on data accuracy and integrity.- Communication: Strong interpersonal and communication skills to effectively coordinate with internal stakeholders, external auditors, and external vendors.- Detail-Oriented: A track record of producing work with high accuracy and meeting strict deadlines.
- About Hong Leong Bank_
- We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China._