Loss Forecasting Head - Vp

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices.

Our history spans more than 80 years. Over this time, we have been guided by our values — Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

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• Provide inputs to Loan loss provisioning for overlays.
• Responsible for accurate and timely loss forecasting for Plan and Outlook, including the stress testing.
• Maintain compliance with internal credit policies/practices, regulatory policies and prepare, update, and ensure approval of all internal policy and procedure changes, keeping proper change and approval logs.
• Provide leadership to the team including coaching/mentoring, performance management and evaluation, work assignment management and resource/capacity management, monitoring and escalating as needed.
• Develop and validate models for loss forecast that will be used for various business strategy to determine acceptable Profit and Loss.
• Conduct analyses related to forecasting models (e.g., flow rate analyses, recovery and net credit loss analyses), bureau and alternate credit information, risk and reward trade-off, etc. by leveraging data and creating ad-hoc analyses/management information systems (MIS).
• Continuously identify process improvements and efficiencies to support business unit goals in collection through dissecting issues and making recommendations.

Job Requirements

• Bachelor’s degree with minimum 8 years of experience with exposure in Loss Forecasting Models.
• Proficiency in data manipulation tools, programming language (e.g., SAS, SQL, R, SPSS), and MS Office.
• Demonstrated quantitative, presentation and analytic skills
• Consistently demonstrate clear and concise written and verbal communication
• Proven ability to derive patterns, trends and insights to perform reliable loss forecast that will used for various business strategy to determine acceptable Profit and Loss.
• Highly attentive to detail and process oriented.
• Team Player and work well with others.

Be a part of UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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