Climate Stress Testing Analyst - Singapore - OCBC Bank

OCBC Bank

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Climate Stress Testing Analyst (12 months contract)
-
(230000J1
)

Group Risk Management (GRM) builds and drives the Bank's businesses through an integrated risk management approach relying on strong risk analytics to support strategic business decision-making and to create a competitive edge for the Group.

Risk Portfolio Management (RPM) comprises a range of functions primarily focused on credit portfolio management within OCBC Group

These include:

Assess risk & opportunities in the context of risk appetite & macro conditions.
Analyse portfolio performance. Identify trends & drivers, draw insights and develop recommendations.
Develop and maintain risk measurement & management frameworks, models, policies, processes, systems and infrastructure. These include capabilities such as IRB rating models, stress testing & expected credit loss models, and economic & regulatory capital models.
Design and produce reports that provide insights & identify opportunities on business developments, and track vulnerabilities to risk developments.

Currently we have opportunities for a Climate Stress Testing analyst to work in the following areas:

Development and maintenance of climate stress test models
Design and implementation of climate stress test processes and tools
Execution of climate stress tests at the request by regulators and/or internal stakeholders,
Conduct horizon scanning and provide timely updates on latest climate/environmentalrelated developments (e.g. from UNFCCC, IPCC)
This is a 12 months contract

Qualifications
As our aim is to develop well rounded portfolio risk managers, the senior analyst will also be required and have many opportunities to engage in:

Validation of credit risk models (including IRB, IFRS9 ECL, Credit Economic Capital and Credit Stress Testing models)
Collaboration with functional areas in the design and review of other portfolio management initiatives described above.

The following would be an advantage:

Graduate or post-graduate major in a quantitative discipline (including climate science or environmental/chemical engineering)
Strong analytics & quantitative background, coupled with communication & stakeholder management skills
Independent, creative and proactive problemsolving mindset
Basic understanding of risk management concepts, banking and/or macroeconomics
Strong in programming languages (e.g. SAS, SQL, Python)

Primary Location:
Singapore

Job:
Risk Portfolio Management

Organization:
Risk Portfolio Management

Schedule:
Contractual

Job Posting: 20-Mar-2023, 10:37:56 PM