Job Description
Responsible for building, managing and developing policies and procedures related to the Internal Ratings-Based (IRB) approach in accordance with Basel II, Basel III standards and current legal regulations. At the same time, research, analyze and propose the application of risk measurement models, credit scoring models and AI/ML technology to credit approval activities, risk management, business support and optimization of banking operations.
Main Responsibilities:
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Develop, review and update policies, procedures and guidelines related to the Internal Ratings-Based (IRB) approach, ensuring compliance with Basel II, Basel III standards and legal regulations on banking risk management.
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Research, analyze and propose the application of risk measurement models, rating and credit scoring models, AI/ML technology to credit approval activities, risk management, business support and optimization of operational processes.
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Coordinate with business units and relevant departments to develop methodologies, stress testing scenarios, and organize implementation in accordance with internal regulations and regulatory requirements.
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Monitor and analyze changes in legal regulations, Basel standards, market trends and banking technology; propose adjustments to policies, procedures and risk management tools in line with the Bank's strategic direction.
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Organize implementation of data requirements, control data completeness and quality to support risk measurement, analysis and monitoring activities.
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Develop management reports, technical documents and related documents on IRB implementation, Basel and risk management; coordinate with the State Bank, auditors and relevant units during implementation.
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Manage and develop assigned work areas, ensuring quality, progress and operational efficiency.
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Manage, train and develop subordinate staff; develop career development roadmaps, enhance professional competence and promote employee work efficiency.
Job Requirements
1. Education
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Bachelor's degree or higher.
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Major in:
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Finance – Banking.
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Applied Mathematics.
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Auditing.
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Law.
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Or related majors.
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Preference for candidates with international professional certifications in risk management and finance such as FRM, CFA, CIMA.
2. Professional Competence
2.1. Knowledge / Expertise
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In-depth knowledge of the Internal Ratings-Based (IRB) approach, Basel II, Basel III standards, credit risk management and legal regulations related to IRB implementation in banking.
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Understanding of policies, procedures, compliance standards and reporting requirements related to IRB, risk management and model governance.
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Knowledge of risk measurement models, rating and credit scoring models, AI/ML; clear understanding of model application capabilities in credit approval, risk management, business activities and banking operations.
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Understanding of credit processes, banking operations, data management, technology systems and requirements for model integration into practical activities.
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Knowledge of stress testing methodologies, scenario analysis and compliance requirements according to internal regulations, State Bank and international best practices.
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Knowledge and experience in project management; preference for candidates who have participated in IRB implementation projects, Basel or risk management model application projects.
2.2. Skills
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Leadership skills, team management and coordination of projects and initiatives related to IRB, model application and Stress Testing.
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Skills in developing policies, procedures, management reports and documents for submission to authorized approval levels.
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Business analysis skills, identifying model application needs and converting business requirements into practical implementation solutions.
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Skills in coordinating and working across departments with business units, risk management, data, technology, audit and regulatory authorities.
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Data analysis skills, critical thinking, problem-solving and presentation of complex professional content.
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Good English communication skills.
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Encouraged for candidates with knowledge and ability to use programming languages such as SQL, R, Python.
3. Work Experience
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Minimum 05 years of experience in banking risk management, IRB, risk models, data analysis, credit or equivalent fields.
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Experience in developing policies, procedures, reports and documents for implementing the Internal Ratings-Based (IRB) approach in accordance with Basel II, Basel III standards or equivalent risk management standards.
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Experience in analyzing, proposing and implementing model or AI/ML applications to credit approval activities, risk management, business support or optimization of banking operations.
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Experience coordinating with the State Bank, independent auditors, internal auditors or relevant parties in IRB compliance, Basel and risk management.
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Experience developing stress testing methodologies and scenarios and coordinating implementation of stress testing activities in accordance with legal regulations and internal regulations.
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Preference for candidates with experience working at banks or financial institutions.