Job Responsibilities
Model Risk Management Oversight
- Support the oversight of model risk management practices across multi franchise (MF) entities.
- Review model governance frameworks, model inventories, validation reports, monitoring activities, and remediation plans.
- Assess effectiveness of model lifecycle controls, including model development, implementation, usage, monitoring, and change management processes.
- Identify and escalate material model risks, governance gaps, and emerging issues to senior stakeholders.
- Support the preparation of management reporting, thematic reviews, and portfolio-level risk insights.
Stress Testing Oversight
- Support reviews of stress testing frameworks, methodologies, scenarios, assumptions, and governance practices across MF entities.
- Assess the consistency and robustness of stress testing approaches across different businesses and jurisdictions.
- Analyze stress testing results to identify potential vulnerabilities, concentrations, and emerging risk themes.
- Contribute to portfolio-level aggregation, benchmarking, and comparative analysis of stress testing outcomes.
- Evaluate the impact of macroeconomic and sector-specific developments on portfolio companies and their risk profiles.
Portfolio Risk Governance
- Support the adoption of SMBC's model risk management and stress testing standards across MF entities.
- Partner with local risk management teams to promote sound governance and risk management practices.
- Prepare risk assessments, thematic reviews, and deep-dive analyses on key portfolio risk topics.
- Support the provision of risk insights and reporting to senior management, Board representatives, and governance forums.
- Monitor regulatory developments and industry trends, assessing their relevance to portfolio companies and Group oversight activities.
Stakeholder Management & Coordination
- Build effective working relationships with MF risk management teams and key stakeholders across the region.
- Coordinate information requests, reviews, and follow-up actions relating to model risk management and stress testing.
- Prepare clear and concise presentations, reports, and briefing materials for senior stakeholders.
- Collaborate closely with RMDAP and AGMD/ID to promote consistent risk standards and governance practices across MF portfolio.
Job Requirements
- Bachelor's degree in Finance, Risk Management, Data Analytics, Statistics, Mathematics, Information Systems, Economics, or related discipline.
- 3–5 years of relevant experience in Model Risk Management, Model Validation, Stress Testing, Credit Risk, Enterprise Risk Management, Risk Governance, or related disciplines within financial services.
- Good understanding of model lifecycle governance and model risk management principles.
- Experience reviewing, validating, monitoring, developing, or governing risk models used in banking, consumer finance, vehicle finance, leasing, or non-bank financial institutions.
- Familiarity with stress testing frameworks, scenario analysis, and risk governance processes.
- Ability to analyze complex information, identify key risk implications, and communicate findings effectively.
- Experience working with multiple stakeholders in a matrixed and multicultural environment.
- Regional risk management or portfolio oversight experience would be advantageous.
Skills & Competencies
- Strong analytical, problem-solving, and critical thinking skills.
- Ability to synthesize complex risk information into concise and actionable insights.
- Good understanding of banking and non-bank financial products, including corporate loan, SME lending, unsecured consumer lending, and vehicle finance.
- Familiarity with risk appetite frameworks, credit performance metrics, and regulatory reporting concepts.
- Strong written and verbal communication skills, including the ability to prepare materials for senior management.
- High cultural awareness and ability to work effectively across diverse markets and teams.
- Comfortable operating in matrix organization and coordinating stakeholders across multiple jurisdictions and time zones.
- Familiarity with regulatory expectations issued by regulators such as RBI, OJK, BSP, SBV, MAS, or equivalent supervisory authorities would be an advantage.
