What does RPM do? RPM comprises of a broad range of functions primarily focused on credit portfolio management across banking subsidiaries within OCBC Group. These include:
Assessing the risk and opportunities in the Bank's key markets and asset classes in the context of the Bank's risk appetite and against economic, structural and cyclical conditions.
Determining the risk and opportunities in the Bank's key markets and asset classes in the context of the Bank's risk appetite and against economic, structural and cyclical conditions.
Analysing and measuring credit and financial performance of the portfolio from multiple perspectives, including legal entity, business unit, customer segment, product, industry, geography. Identifying trends and drivers, drawing insights and developing management discussion points and recommendations.
Developing, implementing and managing the credit risk measurement framework encompassing credit risk scorecards and rating models, risk weighted assets determination, risk measurement data and systems infrastructure, policy and processes, expert guidance to users on usage and interpretation. These frameworks are used in the credit underwriting, customer selection, limit setting, early warning and problem recognition, assessment of capital and provision adequacy internally as well as for regulatory compliance.
Managing suite of portfolio dashboards and reports to the Board, senior management, functional risk committees and supervisory authorities.
Position Available Currently we have opportunities for a senior analyst to work the following areas:
Design, development, implementation, and usage of risk appetite frameworks for the Group and its major business units and subsidiaries.
Design, development, and implementation of credit portfolio risk limits to management risk concentrations.
Incorporation of risk parameters in loan decision support models.
As our aim is to develop well rounded portfolio risk managers. The candidate will also be required and have many opportunities to engage in:
Validation of credit risk models (including IRB, IFRS9 ECL, Credit Economic Capital and Credit Stress Testing models).
Regulatory advocacy with regard to regulations relating to credit risk measurement, Basel III reforms and areas relevant to the work of RPM.
Collaboration with functional areas in the design and review of other portfolio management initiatives described above.
Qualifications Qualifications and qualities We are looking for high performing candidates with at least 5 years of banking and finance experience preferably in the areas described above. The following would be an advantage:
Developing credit risk measurement models for use in capital and loss estimation
Credit underwriting or portfolio management experience
Good understanding of Basel III and IFRS regulations and credit products
Excellent oral and written communication skills
Proficient in analytical tools such as SAS, Python, Qlikview and Microsoft Office applications