Currently partnering with a reputable bank in Hong Kong who are in search of a Head of Credit Risk Modelling managing a team. This role collaborates with the senior risk stakeholders in the APAC region and at group level.

This role will develop, implement and maintain quantitative models / scorecards and systems to assess the default likelihood, recovery expectations and volatility for different segments of the Bank’s portfolio

Key Responsibilities

• Lead a team of credit risk modelling analysts to develop, implement and maintain credit rating models for the measurement and management of credit risk for different segments of the Bank’s portfolios.
• Develop and maintain user requirements, parameters and configurations of rating systems for different customer segments.
• Monitor, back test and report performance of the models.
• Work closely with independent model validators to ensure adherence to the governance framework for model deployment and ensure timely closure of validation issues.
• Active engagement with stakeholders to develop analytic solutions using outputs from such models in credit decision

Key Requirements:

• At least 8 years of experience in the development and maintenance of quantitative credit risk models / scorecards for consumer and/or wholesale portfolios, with at least 3 years in management of a team.
• Strong statistical and risk modeling skills, and programming knowledge in SAS, SQL, and/or Python/R.
• Expert knowledge and competence in credit risk management, Basel requirements and internal risk rating.
• Strong communication skills especially in explaining complex technical subjects in a simple/pragmatic way and stakeholder management.
• Experience in leading and managing a team of analysts will be an added advantage.