An iInternational banking organization seeks Analyst or Associate level of Credit Risk Model Owner to serve as local model owner to monitor and manage credit risk related models for the Bank's
Responsibilities: Delivery
• Conduct model performance monitoring based on monitoring plan and subsequent revisions, communicate with team leads, model validation team, model users and other stakeholders
• Maintain the An iit risk related model inventories, work with model validators to prepare the model documentation package, model attestation, etc.
• Address model risk findings which are issued by model validation group and internal audit generally
• Develop internal credit risk models collaborating with Tokyo Head Office, Model Validation team and/or external vendors
• Periodic monitoring on the use of credit models to identify and examine the need for enhancements of the models and their user guidance including training to model users
• Enhance model management, governance processes and model documentation standards to improve efficiency and accuracy of model validation process
Interpersonal Objectives:
• Communicate with various model stakeholders, including model users, model validators and internal auditors across the bank including Tokyo Head Office
• Report to team leads and senior management and also lead and train junior members
• Recommend enhancements to data management process to improve efficiency and accuracy of ongoing performance monitoring
• Consider the best approach to address the issues and feedback from model users
• Make presentations to senior management and regulators about credit risk related models and make trainings to model users
Requirements
- Strong knowledge of Model RiskManagement framework, regulation and industry practice (Experience relatedto Credit Risk Rating Model is better)
- Good experience and knowledge asCredit Risk Model Owner including developing credit rating models anddocumentation
- Strong presentation skills tocreate visualized charts/materials for readers including regulators andsenior management
- Demonstrated ability to workindependently and successfully manage multiple priorities and stakeholdersunder pressure
- Ability to communicateappropriately at different levels of the organization to buildcollaborative relationships
Skills
- Minimum work experience in modelrisk management of two years or more such as either model developer, modelvalidator or both (experience related to credit risk rating models ishighly desirable)
- Major inProbability/Statistics/Financial Mathematics/Computer Science preferred
- Master Degree/CFA/FRM preferred
- Highly desirable technical andquantitative analysis skills with statistic knowledge and with technicalknowledge such as using Excel (VBA), MS Access, SQL, SAS and Python.
- Excellent interpersonal andwritten and verbal communication skills
- Japanese language skill a plus
Benefits
Good benefits