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Posting Date:  20-Oct-2021
Location: 

Singapore, SG

Company:  United Overseas Bank Limited

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices.

Our history spans more than 80 years. Over this time, we have been guided by our values — Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

About the Department

The Credit and Risk Management function is comprised of three teams: Risk Management, Credit and Special Asset Management. We manage the risks arising from the Group’s business activities within the risk appetite established by the Board. This involves identifying and evaluating the risks, developing effective risk governance and strategies as well as providing independent assessment of the overall risk profile.

You will be part of a team within Balance Sheet Risk Management that is responsible for models in the banking book. The modeling work includes development and maintenance of risk models, studies on assumption for Banking Group. 

Job Responsibilities

  • Support the BSRM modelling team in delivery the modeling and studies KPIs. 
  • Develop modeling methodology (e.g. machine learning, time series), verify assumptions, conduct studies as per regulatory and balance sheet risk management requirement
  • Maintain liquidity and banking book interest-rate risk models (Non-Maturity Deposit Behavior Models etc.). Responsible for conducting statistical analysis, generating statistical summaries, back testing liquidity assessments. Annual review the existing models with Risk Analytics Division to ensure their robustness by considering best market practice and changing regulatory, markets and business activity
  • Ensure data accuracy, quality and integrity. Work closely with the reporting and project teams to ensure the implementation of the balance sheet risk models in the Enterprise Risk Management system
  • Source and maintain required data for the analytical studies to support holistic asset and liability management decisions
  • Work with key stakeholders Central Treasury, Global Markets, and the Business to identify areas to build/enhance advanced data analytics

 

Job Requirements

  • PhD/Master/Bachelor majoring in Financial Engineering, Mathematics, Statistics or equivalent professional certifications with relevant quantitative experience in a financial institution, holder of FRM/PRM will have an advantage
  • Candidate familiar with SAS and Python language will have an advantage
  • Team player, self-motivated and resourceful
  • Numerically inclined with a strong analytical mind
  • Highly proficient in the use of Microsoft Excel and Access

Be a part of UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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