STJobs | At STJobs, Your Ideal Job Isn't Hard to Find.

[Expired] AVP/Senior Associate, Model Validation, Risk Management Group - 1800002R

DBS Bank Limited
Posted On :29 Jan 2018

 

Job Summary

  • Salary:   Undisclosed
  • Location: Singapore - Central
  • Work Type: Permanent / Full Time
  • Min. Education Level: Degree
  • Field of Study: Statistics
  • Years of Experience: 5
  • Skills: Quantitative

Job Descriptions

Business Function
Risk Management Group works closely with our business partners to manage the bank’s risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure.

Responsibilities
The aim of the model validation team is to (1) limit the Bank’s exposure to model risk by regularly validating all relevant models as mandated; (2) provide in-depth analysis and comments for Senior Management and (3) meet regulatory expectations in this regard.

The key responsibilities of this role are as follows:
* Critically assess the development and performance of market/counterparty/liquidity risk-related models as mandated within the Bank.
* Contribute towards the assessment of inputs, assumptions and parameter estimates relating to the validation of the market/counterparty/liquidity risk-related models.
* Contribute towards developing strong professional relationship within and across validation teams as well as with model developers.

Requirements
* Degree in any relevant discipline.
* Working knowledge of statistical/database languages/software such as SAS, R, Excel, VBA, etc.
* Self-motivated and a desire to learn and develop professionally.
* Contribute towards team-building and maintaining team morale.
* Reasonably good communication skills (both oral and written).
* Ability to work in a team and under pressure.

Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.



About This Company

DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2015. DBS provides a full range of services in consumer, SME and corporate banking activities across Asia. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. These market insights and regional connectivity have helped to drive the bank’s growth as it sets out to be the Asian bank of choice. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 21,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.

Read More