Register Here to Apply for Jobs or Post Jobs. X

Specialist - Stress Testing

Job in Singapore
Note that applications are not being accepted from your jurisdiction for this job currently via this jobsite. Candidate preferences are the decision of the Employer or Recruiting Agent, and are controlled by them alone.
For jobs on this site that accept applications from your location / country,
Company: DBS Bank
Full Time position
Listed on 2020-08-13
Job specializations:
  • IT/Tech
  • Banking
    Risk Manager/Analyst
Job Description & How to Apply Below

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. Job Purpose The team is responsible for both regulatory stress testing and general provisioning under IFRS9, including model development, execution and reporting. While this role will initially focus mainly on non-retail RWA stress testing, there is an expectation to eventually rotate responsibilities within the team to enhance integration and support career development. 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. Job Duties & Responsibilities Key Accountabilities
  • Make active contributions to improving existing stress testing processes from a methodology and execution angle, including RWA and ECL Stress testing and NPL/SP projections
  • Implement model/ methodology enhancements in SAS, eventually moving to open-source programming such as Python, R, etc.
  • Generate stress test reports, including committee submissions and filling regulatory templates
  • Conduct in depth analysis / deep dives of stress test results by querying data sets to identify and explain trends
  • Explain and defend methodology, approaches and assumptions to stakeholders such as Management, Model Validation, Auditors and Regulators
  • Support systemisation initiatives by defining user-requirements and conducting UAT
  • Automate / standardise processes and reports
  • Assist with scenario development activities covering bank-wide Stress Tests including the Internal Capital Adequacy Assessment Process (ICAAP) and regulatory Pillar 1 exercises. To include:
  • Improving the current processes around MEV (Macro Economic Variable) collection, analysis and presentation
  • Acting as a 1st line of defence in terms of the quality and integrity of MEVs distributed to stakeholders
  • Stakeholder management, coordination and planning for stress testing exercises
  • Additional Responsibilities
  • Use credit risk knowledge to sense check the stress test results, evaluating and challenging the intuitiveness and integrity of the outputs


  • Functional / Technical Competencies
  • High level of communication, writing and presentation skills
  • Strong Stakeholder Management and organisational skills
  • Prior experience in a stress testing or IFRS9 role
  • Excellent SAS programming skills (3+ Years)
  • Basic Python experience (1+ Years) is advantageous
  • Knowledge of credit and business products
  • Experience working with large and complex datasets
  • Solid understanding of Basel, MAS and HKMA supervisory requirements, including calculation of EAD/RWA/EL
  • Solid understanding of Basel IRB models, ST and/ or IFRS9 models required
  • Strong team player
  • Education and Relevant Experience
  • University graduate or post-graduate with major in Economics, Finance, Statistics or other quantitative discipline
  • Minimum 5-7 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.​
    Position Requirements
    Less than 1 Year work experience
    Note that applications are not being accepted from your jurisdiction for this job currently via this jobsite. Candidate preferences are the decision of the Employer or Recruiting Agent, and are controlled by them alone.
    For jobs on this site that accept applications from your location / country,
    Search for further Jobs Here:
    (Enter less keywords for more results. Suggestions may be selected)
    Location
    Employment Category
    Education (minimum level)
    Filters
    Education Level
    Experience Level (years)
    Posted in last:
    LOGIN Area - Jobsite