Manager, Credit Risk, Portfolio OptimisationSingapore
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Get to know the Team
The rapidly expanding Regional Credit Risk department at GrabFin (Financial Services), develops and launches credit products across multiple countries in SouthEast Asia.
The position is within the core credit risk team that looks after Regional Risk Policy and Provision and owns the IFRS9 methodology and related policies and procedures. He/She will work closely across business lines and geographies (six markets) ensuring IFRS9 model is reviewed and improved on a continuous manner. The team member works closely with the Regional Risk team and country Business operations team to ensure risk objectives are met. The individual joining as Regional Risk Policy and Provision Manager will have the unique opportunity to rapidly grow professionally as the team embarks on this new journey across all aspects of the credit risk framework, from data integrity, to systems, reporting to compliance.
Get to know the Role
Develop, implement and maintain Probability of Default (PD) models and credit risk methodologies for Financial Services for both regulatory and accounting (i.e IFRS9) purposes
Support the model’s approval and governance process ensuring justification of modeling decisions and assumptions
Engage with businesses, risk and finance teams to ensure models and methodologies are understood
Explain models and methodologies to independent model reviewer, auditor and regulator
The Day-to-Day Activities
Drive business agenda with potential partners and to evaluate the right economics of risk and profitability
Assist product and credit programs, including the review / estimation of risk parameters, product pricing, product structure and regulatory requirements
Assist in setting up the generation one of the compliance framework and assist in regulatory reporting on an adhoc basis.
A Master’s degree/Bachelor’s degree, preferably in Finance, Accounting, Statistics, Mathematics, Economics
Experience in IFRS9 Expected Credit Loss for Consumer Portfolio is a must
Minimum 8+ years relevant work experience in Basel 2/Basel 3, IFRS9 and Credit Risk analytics or insights-related role
With understanding of accounting and/or credit risk concepts
Strong interpersonal skills with highly developed capacity to influence related business stakeholders
Expertise in verbal and written communication skills
Strong analytical skills with the ability to collect, organize and analyze significant amount of information with attention to detail and accuracy
Self-motivated and independent learner with a high level of drive, dedication and desire to excel consistently
Detail-oriented and efficient time manager who thrives in a rapidly changing and dynamic working environment.
Proficiency in both English and Local Language
Have experience in digital lending for either or both for consumer and SMEs
We are committed to building diverse teams and creating an inclusive workplace that enables all Grabbers to perform at their best, regardless of nationality, ethnicity, religion, age, gender identity or sexual orientation and other attributes that make each Grabber unique.
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