DBS Bank

AVP, Model Validation, Risk Management Group

DBS Bank  •  Singapore, SG (Onsite)  •  3 hours ago
Apply
Save Job
Mark Applied Mark Interviewed Mark Offered
Hide Job Report Job
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Responsibilities

  • Conduct independent validation of models, including AIML models, credit risk, and market risk models.
  • Assess inputs, assumptions, conceptual soundness, and empirical performance of models.
  • Collaborate closely with model developers, risk managers, and other stakeholders to understand model purposes and applications.
  • Communicate validation results and provide constructive feedback to model developers.
  • Ensure models comply with regulatory requirements and internal risk management policies.
  • Stay updated on relevant regulatory guidelines (e.g. new requirements on artificial intelligence/machine learning models) and industry best practices in model validation.

Requirements

  • Degree in a quantitative discipline (such as Statistics, Mathematics, Quantitative Finance, Data Analytics or equivalent) is preferred
  • At least 3-5 years of experience in related area
  • Outstanding quantitative and programming skills (e.g. Pyspark, Python, etc.)
  • Strong knowledge of statistical analysis, econometrics, machine learning techniques, and Large Language Models
  • Understanding of regulatory requirements and guidance related to model risk (e.g.,MAS 637, FEAT Principle)
  • Self-motivated and a desire to learn and develop professionally
  • Good written and verbal communication skills
  • Ability to work independently and collaboratively in a team environment
  • RAI and FRM certification preferred

Location:

DBS Asia Central

Job:

Analytics

Schedule:

Regular

Employee Status:

Full time

DBS Bank

About DBS Bank

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 14 consecutive years from 2009 to 2022.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Singapore, SG
Year Founded
1968
Website
dbs.com
Social Media