[What the role is]

You are expected to conduct market surveillance, research the latest risk management techniques , and develop supervisory policies / guidelines to financial institutions in Singapore.

[What you will be working on]

The Financial Risk Specialist Division (Banking Department II) is recruiting a Credit Risk Specialist to support MAS’ credit risk supervision of financial institutions. This position entails evaluating the credit risk management approaches, methodologies and models of financial institutions. Familiarity with Basel IRB and IFRS9 ECL credit models preferred. You are expected to conduct market surveillance, research the latest risk management techniques , and develop supervisory policies / guidelines to financial institutions in Singapore.

[What we are looking for]

• Candidates with 3–15 years of credit risk management experience within a financial institution, or those with a relevant degree in Quantitative Finance, Mathematics, or Statistics. A postgraduate degree in these fields, or professional qualifications such as CFA, PRM, or FRM, would be an advantage.
• Understanding of credit processes and scoring models, as well as linkages of these process / models to capital.
• Highly analytical, quantitative and possess good working knowledge of analytical tools / software.
• Good and concise writing skills with the ability to translate technical reports into supervisory risk implications.

You will be working in a fast-paced environment that would require the ability to manage multiple priorities and needs of stakeholders, as well as the agility to respond to changes and developments.

As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment.

All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.