Section Head, Model Validation

Section Head, Model Validation

RHB Banking Group
4-5 years
Not Specified

Job Description

Key Responsibilities:
  • Supervise and establish a robust model validation framework and continue to update and enhance the framework that governs all entities of RHB Banking Group to ensure sound model development and validation as well as reliability, stability and relevance of models.
  • Supervise and perform review on the adequacy and effectiveness of models and/ or rating system and processes, the oversight structure and control procedures to ensure the applicability and proper application of the quantitative methods in practice. The review covers data quality, model design or rating systems documentation, governance and control as well as internal use of rating (Qualitative Validation).
  • Supervise and perform review on model development evidence, outcome analysis and back-testing using the data obtained during practical operations of the model while comparison or benchmark data can be included as a supplement (Quantitative Validation).
  • Supervise and perform review prior to implementation and adoption of the new / re-calibrated models for quality assurance.
  • Supervise and perform review on existing models for quality assurance.
  • Continuous enhancement of model validation methodologies or techniques.

Job Requirements:
  • Bachelor Degree in the field of Statistics, Actuarial Science, Quantitative Finance or Accounting and Finance is an advantage.
  • Certification in FRM, PRM or CFA would be an added advantage.
  • Minimum of 4 - 5 years of credit experience in model development or model validation.
  • Preferably with experiences in risk management.
  • Good analytical skills.
  • Programming skills in SAS would be an added advantage.
  • Strong statistical modeling skills.
  • Strong communications and writing skills.
  • Ability to work independently.

Dental,Education support,Miscellaneous allowance,Medical,Loans,Sports (e.g. Gym),Parking,Vision,Regular hours, Mondays - Fridays,Formal (e.g. Shirts + Ties),Performance Incentive Scheme

Job Details

Similar Jobs

Career Advice to Find Better