Integrated Risk Analytics - Assistant Manager

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. Since our incorporation, we have been enabling people and communities to realise their aspirations. This is our purpose.

As the second-largest financial services group in Southeast Asia by assets, we hold one of the world’s highest credit ratings: Aa1 by Moody’s and AA- by both Fitch and S&P. Our commitment to excellence has earned us numerous industry accolades, reinforcing our reputation as one of Singapore’s best banks.

With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented by a presence in the leading economies of New York, London and Sydney. As One Group, we support your ambitions across borders with our deep local knowledge – be it growing your personal wealth or capturing business opportunities – for now, and beyond.

OCBC offers private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

Great Eastern Holdings, our insurance subsidiary, is the oldest and most established life insurance group in Singapore and Malaysia.

Lion Global Investors, our asset management subsidiary, is one of the leading asset management companies in Southeast Asia.

The Group has over 400 branches and representative offices in 19 countries and regions.

Summary:

• This role will provide strong support to senior management for holistic and integrated risk management, with focus on credit related stress-testing, review/setting of risk appetite and credit concentration risk management.
• In this role, you will also work closely with head office to support independent model validation (including IRB models for credit ratings and ECL).

What you will be doing:

• Co-ordinate with head office, risk teams and business units to conduct in depth review of the risk appetite and credit concentration limits, with consideration on the Bank’s strategic growth and risk/return.
• Drive the Internal Capital Adequacy Assessment Process (“ICAAP”) by performing bank wide credit stress and consolidating different risk teams’ assessment.
• Work with head office for regular independent model validation on IRB models for credit rating and ECL.
• Conduct credit stress tests per regulatory and/or internal requirements (e.g. HKMA Supervisor-driven Stress Testing).
• Participate in the Bank’s various climate risk initiatives, including Climate Risk Stress Testing.
• Handle ad-hoc enquiries from regulators and other stakeholders.

What we are looking for:

• Bachelor's degree in Business, Risk Management, Quantitative or related disciplines
• Team player with excellent communication, presentation, and interpersonal skills (both in English, Cantonese and Mandarin)
• Proficiency in the use of MS Excel, MS Access, MS Powerpoint to support data aggregation, analyses and reporting
• An achiever with a growth mindset and can-do attitude
• Eager to contribute to the organization and drive positive results