Model Risk Management

Overview

Primary Objective : Independently validate RHB Banking Group’s models, rating systems and the estimation of risk components on a regular cycle to ensure :

• the Bank’s implementations of Basel II IRB and IFRS 9 models for Credit Risk, IMA for Market Risk as well as AMA for Operational Risk are in accordance to the regulatory standards;
• objectives, assumptions, risk factors and performance of the models remain consistent with their intent, construction and design; and
• models and risk estimates remain predictive, stable and risk sensitive.

Key Responsibilities

Requirements

Seniority level

Employment type

Job function

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