Manager, Balance Sheet Risk Management Manager, Balance Sheet Risk Management …

United Overseas Bank
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 19 Aug 19
United Overseas Bank
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 19 Aug 19
United Overseas Bank
Manager, Balance Sheet Risk Management
Posting Date: 24-Jul-2019

Location: Raffles Place, Singapore, SG

Company: United Overseas Bank Limited

About UOB
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices.
Our history spans more than 80 years. Over this time, we have been guided by our values - Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

About the Department
The Credit and Risk Management function is comprised of three teams: Risk Management, Credit and Special Asset Management. We manage the risks arising from the Group's business activities within the risk appetite established by the Board. This involves identifying and evaluating the risks, developing effective risk governance and strategies as well as providing independent assessment of the overall risk profile.

Job Responsibilities
You will be part of a team within BSRM that is responsible for models in the banking book and customer analytics. This modelling includes development and maintenance of risk models, assumption studies and review for the Bank Group, including subsidiaries and overseas branches and agencies. The customer analytics focuses on centralized enterprise level advanced customer analytical studies to drive a holistic asset and liability management through data-driven statistical analysis.

Roles and Responsibilities
  • Support the modelling and customer analytics team in delivery the modelling and studies KPIs.
  • Develop modelling methodology, verify assumptions, conduct studies as per regulatory and balance sheet risk management requirement
  • Maintain liquidity and banking book interest-rate risk models (Non-Maturity Deposit Behavior Models etc.). Responsible for conducting statistical analysis, generating statistical summaries, back testing liquidity assessments. Annual review the existing models with Risk Analytics Department and Audit and ensure their robustness by considering best market practice and changing regulatory, markets and business activity
  • Ensure data accuracy, quality and integrity at all times. Work closely with project team to ensure the implementation of the balance sheet risk models in the Enterprise Risk Management system
  • Source and maintain required customer data for the analytical studies to support Central Treasury for holistic asset and liability management decisions
  • Work with key stakeholders Central Treasury and Product Groups
    to identify areas to build/enhance advanced data analytics

Job Requirements
  • Ph.D/Master/Bachelor majoring in Financial Engineering, Mathematics, Statistics or equivalent professional certifications with relevant quantitative experience in a financial institution, holder of FRM/PRM will have an advantage
  • Candidate familiar with SAS language will have an advantage
  • Team player, self-motivated and resourceful
  • Numerically inclined with a strong analytical mind
  • Highly proficient in the use of Microsoft Excel and Access

Be a part of UOB Family
Apply now and make a difference.