Assistant Manager, Model Validation

Responsibilities

Undertake independent validation on the credit risk models including MFRS 9 models to ensure the applicability and proper application of quantitative methods and that the models comply with regulatory requirements/standards

Review the applicability/relevant approaches to data handling, comprehensiveness of model documentation, proper governance and model usage

Perform quantitative assessment to measure model performance and determine its effectiveness in its intended use

Independently challenge with critical analysis and identify the model limitations and assumptions and suggest appropriate recommendations/ enhancements for refinement/ rectification

Effectively communicate on the validation findings/results to the stakeholders (e.g. business units/model developers/auditors)

Perform tracking on outstanding validation findings and reporting its progress on rectification

Requirements

A recognised degree in ...