Overview

Hybrid
OCBC Singapore
Full time
JR00001460

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

 Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

 We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

Why Join

As a Risk Capital and Validation Analyst at OCBC, you’ll play a critical role in ensuring the bank’s resilience and stability in the face of uncertainty. You’ll work closely with senior stakeholders to identify and assess potential risks, and develop strategies to mitigate them. This is a unique opportunity to make a real impact on the bank’s risk management framework.

How you succeed

To succeed in this role, you’ll need to take a proactive and forward-thinking approach to risk management. This involves staying up-to-date with industry trends and regulatory requirements, and using this knowledge to inform your risk assessments and stress testing scenarios. You’ll also need to collaborate effectively with cross-functional teams to ensure that risk management is integrated into all aspects of the bank’s operations.

What you do

  • Developing and implementing stress testing scenarios to assess the bank’s resilience to potential risks, including both macro stress test scenarios and climate stress test scenarios.

  • Analyzing data and identifying trends to inform risk assessments and stress testing.

  • Comprehensive assessment of risks faced by the Bank and the capital demand estimations under Internal Capital Adequacy Assessment Process (ICAAP) in the Risk Division.

  • Validation of credit risk models (including IRB, IFRS9 ECL, Credit Economic Capital and Credit Stress Testing models).

  • Collaboration across functional areas in the design and review of other portfolio management initiatives (e.g. credit concentration risk management, ESG risk management etc.). 

  • Conduct research on leading industry practices and keep our methodology and guidelines up to date.

Who you are

  • A degree in a quantitative field such as mathematics, statistics, or economics

  • Strong analytical and problem-solving skills, with the ability to think critically and outside the box

  • Excellent communication and collaboration skills, with the ability to work effectively with cross-functional teams

  • Strong knowledge of risk management principles and practices, including stress testing and scenario analysis

  • Proficient in programming languages such as Python or R.

What we offer:

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

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About OCBC Bank

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.