Senior Analyst Climate Risk Models Validation (Banking) - (6 Months Contract)

HAYS SPECIALIST RECRUITMENT PTE. LTD.
  • Job category
    Banking and Finance
  • Job level
    Senior Executive
  • Contract type
    Contract
  • Location
    Islandwide
  • Salary
    S$15000 - S$16000

Job Description

About the Job:


You’ll be working for an international banking company who is looking for Senior Analyst with hands-on experience in Climate Risk Models Validation. This is a 6 months contract and to be based in Singapore.


Job Responsibilities:

  • Individual will be doing internal project and it will transit to BAU.
  • The successful candidate is required to perform end-to-end validation of the climate risk models used in risk management, capital calculation, stress testing, etc.
  • Subject-matter-expert concerning climate risk modelling (both physical risk and transition risk) and the use of climate risk models for credit risk and financial stress testing.
  • Perform an independent validation of the climate risk models used in risk management, capital calculation, stress testing, etc.
  • Qualitative review of model development process including underlying assumptions and theoretical basis.
  • Quantitative assessment of model performance via data evaluation and statistical testing.
  • Documentation of validation findings and communication of results to senior management and presentation to relevant committees.
  • Coordination with internal stakeholders on model issues, achieving suitable resolutions.
  • Manage and complete the model validation from end to end, meeting the planned timelines and required standards.
  • Review regulatory requirements and industry practice regarding the models.
  • Assist Head of Model Validation in addressing concerns or questions relating to the models.

Job Requirements:

  • The successful candidate must have a solid understanding of the following areas : Climate science (climate change, environmental risk/finance ESG); and Key issues that surround climate risk areas. This is compulsory.
  • The successful candidate must also have in-depth model development or validation experience and risk modelling experience (3 years minimum).
  • Candidate who is flexible and adaptable to heavy workload.
  • Excellent understanding on how climate risk impacts the credit risk and client risk profile.
  • Candidate must come from Banking background with 8 - 12 years work experience in this sector.
  • This role is open to PR, Singaporean and EP holder (maximum 1 month notice period) based in Singapore.

Closing on 28 Feb 2021

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