Model Validation Manager

Location: Kuala Lumpur
Contract Type: Permanent
Specialisation: Banking & Financial Services
Salary: RM7000 - RM10000 per month
REF: BBBH252486_1635769356
  • Good work-life balance
  • Dynamic working culture
  • Attractive renumeration packages

Resposibilities :

  • To review the adequacy and effectiveness of rating system processes, the oversight structure and control procedures to ensure the applicability and proper application of the quantitative methods in practice. The review covers model design / rating systems documentation, data quality, governance and control as well as internal use of rating (Qualitative Validation).
  • 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 :

  • 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.

Contact Neil Edward at quoting ref no. #252486 or APPLY NOW by clicking the button below. For similar opportunities, please visit Data provided is for recruitment purposes only.

Due to the volume of applications received, we regret to inform you that only shortlisted candidates will be notified.

JTK Number: JTKSM 995 | Company Registration Number: 201301019088 (1048918-T)