Model Risk Management
RHB Banking Group
Date: 4 days ago
City: Remote
Contract type: Full time
Remote
Primary Objective
Independently validate RHB Banking Group’s models, rating systems and the estimation of risk components on a regular cycle to ensure:
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.
- 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.
- 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 to enhance effectiveness and efficiency
- Bachelor Degree - Any related field(s).
- Preferably 1 - 2 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.
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Specialist, Risk
DayOne,
Remote
2 days ago
Join DayOne – Shaping the Future of Data InfrastructureDayOne is a global leader in the development and operation of high-performance data centers. As one of the fastest-growing companies in the industry, we’ve built a robust presence across Asia and Europe — and we’re just getting started.As we expand into new international markets, we’re looking for talented, driven individuals to join...
OTR Area Manager , Amazon Logistics
Amazon,
Remote
2 days ago
DescriptionOTR Regional Coordinator is a strategic position designed to drive alignment, standardization, and operational excellence across all last mile OTR operations within the region. Unlike a station-level role, this position operates at the regional level, coordinating efforts across multiple delivery stations. OTR Managers at each station will report indirectly to this role, and the Regional OTR Coordinator will function as...
Fleet Assistant (Pendang, Kedah)
Ninja Van,
Remote
3 days ago
Job DescriptionsAssist in the management of daily fleet operations and monitoring driverImprove operational processes that directly translate into higher delivery performance metricsDeep dive into fleet utilization and route planning, working closely with management and in-house algorithms team to improve route optimization.Assist in the prioritization and planning of local fleet daily operations and flexible capacity growth strategyConceive new and improved analytics...
