SVP / VP, Stress Testing Specialist, Risk Management Group SVP / VP, Stress Testing Specialist, Risk  …

DBS Bank Limited
in Singapore
Permanent, Full time
Last application, 25 Jan 22
Competitive
DBS Bank Limited
in Singapore
Permanent, Full time
Last application, 25 Jan 22
Competitive
SVP / VP, Stress Testing Specialist, Risk Management Group
Business Function
Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.
Job Purpose
The team is responsible for both regulatory stress testing and general provisioning under IFRS9, including model development, execution, and reporting. The role will give the candidate the unique opportunity to have visibility over the Bank's Credit risk models, stress testing engines, stress test methodologies and ECL models, alongside a high visibility from the management.
Job Duties & Responsibilities
  • Coordinate and proactively plan Stress Tests activities by working closely with each exercise's working group to ensure that timelines are communicated and adhered to
  • Work with stakeholders and external vendors to drive scenario and macroeconomic variables development activities covering bank-wide Stress Tests ie Internal Capital Adequacy Assessment Process (ICAAP), regulatory Pillar 1 exercises and Industry Wide Stress Testing (IWST)
  • Support other regulatory Stress Tests in terms of scenario development and coordination of model runs eg from HKMA
  • Focus on effective stakeholder management across various functions eg Finance, Credit, Market Risk
  • Liaise with regulators on Stress Test related submissions, surveys and clarifications
  • Establish and strengthen governance framework of Stress Testing processes
  • Improve process of populating Stress Tests handoffs while ensuring controls and traceability in this area
  • Work with stakeholders and consultants to support development of industry leading Climate Risk Stress Testing approach in the bank
Functional / Technical Competencies
  • Excellent communication, writing and presentation skills
  • Strong stakeholder management and organisational skillsStrong team player who is prepared to coach more junior members in the team
  • Prior experience in a Governance, Stress Testing or IFRS9 role
  • High level of understanding of Basel, MAS and HKMA supervisory requirements
  • Knowledge of Basel IRB and SA models, Stress Testing and/or IFRS9 models required
  • Ability to multi-task and perform in a fast-paced environment
Education and Relevant Experience
  • University graduate or post-graduate with major in Economics, Finance, Statistics or other quantitative discipline
  • Minimum 7+ years of relevant experience in areas described above
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.
DBS Bank Limited logo
More Jobs Like This
See more jobs
Close