Regional Modeling Manager, Risk Management - Vice President

• Responsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries.  
  • With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model development, validation, usage and on-going performance assessment;
  • Participate in model development calls between sponsor and modeler, exercise effective challenge for assumptions, risk drivers, methodologies and results to ensure models satisfy the functional requirements;
  • Provide guidance and technical advice to countries on model related methodological issues and strategic use to achieve the business control and profitability goals.

• Capable of presenting complex modeling concepts to non-technical audiences.

• Ensure respective countries have appropriate Champion/Challenger/Benchmark loss forecasting models / methodologies in place.  Work with multiple stakeholders (e.g. countries, modelers, credit risk oversight seniors) to ensure annual model development / enhancement plan to address model issues identified.

• Coordinating, and reviewing before submission to Model Risk Management (MRM), all model documentations including Validation, Re-validation, Annual Model Review, Ongoing Performance Assessment, overlay documentation, closure of model limitations. Tracking all work and approval status with MRM and countries.

• Ensure all models inputs (e.g. macroeconomic forecasts) are provided in a timely manner to facilitate periodic model run as per regulatory timeline. Coordinating with Global Model Production Team to schedule periodic model run and obtain model results to support countries CCAR/CECL/ICAAP Credit Loss Forecasting submission.

• Participate in logistics and model usage support to Global on CCAR/CECL/ Annual Loss Forecasting submission.  Achieve effective challenge to model run results to fulfill the regulatory stress testing and business credit planning objectives.

• Effectively support setting up of standards, designing workflows, ensuring control and compliance of regulatory submission, such as CCAR, ICAAP, CECL, IFRS9, etc. 

• Perform model governance self-assessment, identify exceptions / findings to communicate to Senior Manager, and set up corrective action plan (CAP) as appropriate. Coordinate with multiple stakeholders to ensure timely CAP resolution.

• Review current and changes in model and CCAR/CECL policies on possible recommendations to revisions, conduct gap analysis, implement the changes and ensure compliance at all levels.

• Preparing/reviewing meeting minutes of model development discussions, model results review, policy-related calls, for audit trail purposes.

QUALIFICATIONS

• University degree in Economics or Statistics
• At least 5-6 years (Manager) / 3-4 years (Analyst) scoring / risk segmentation / loss forecasting model management, model oversight role with solid consumer risk management experience for all consumer loan products
• Good leadership and people management skills
• Strong common sense and judgment in applying the policies and procedures to specific situations
• Ability to work effectively under pressure
• Solid work experience in handling analysis and presentation of complex financing portfolios
• Strong in process management and control concepts
• Proactive and problem solving
• Disciplined, self-motivated, independent, mature and willing to work overtime as occasional evening conference calls with Global Office and other Asia and European countries are expected.
• Good verbal, written and interpersonal communication skills in liaising with global model development team and country risk teams at all levels.
• Strong computer skills particularly in Excel/PowerPoint/SAS/Answer Tree, etc. and prepare presentation decks
• Occasional travel across the region may be required

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