Quant jobs / UOB

VP, Credit Risk Model Validation

A role in the bank's central independent validation team, which checks credit, risk and valuation models before and after use. The focus is credit risk models such as PD, LGD, EAD, stress testing and IFRS 9.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Validate PD, LGD, EAD, stress testing and IFRS 9 models across retail and wholesale portfolios
Run backtesting, sensitivity analysis and benchmark comparisons
Challenge model design, assumptions and data inputs
Write validation reports and present findings to developers, owners and auditors
Help improve the validation framework and policies

What they ask for

Required

Degree in a quantitative field (bachelor's, master's or PhD)
2-5 years in credit risk validation, development or quantitative risk
Credit risk modelling and statistical methods
Python, R, SAS or Excel VBA
Basel III, IFRS 9 and model risk regulation awareness
Clear written communication

Education: Bachelor's, master's or PhD in financial engineering, maths, statistics, physics, economics or computer science
Experience: 2-5 years in credit risk model validation, development or quantitative risk
Languages and tools: Python
R
SAS
VBA
Markets: credit

How to prepare

Build a logistic PD model and validate its discrimination, calibration and stability
Read about IFRS 9 expected credit loss staging and how models feed it
Learn Basel IRB model requirements and how back-testing is done
Practise writing a validation report with a clear conclusion on soundness

What to study

The Model Validation Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on UOB’s site before applying: requirements, location and pay can change after we check them.

View the posting on UOB’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with UOB and doesn’t handle applications.