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MGR/AVP, Quantitative Model Analyst

Singapore OCBC Bank SGD 120,000–SGD 190,000 per year, potentially including bonus*
Job Description

The MGR/AVP, Quantitative Model Analyst role typically involves developing, validating, monitoring and improving quantitative models used for credit risk, market risk, stress testing, forecasting or regulatory reporting. Candidates are generally expected to hold a degree or postgraduate qualification in quantitative finance, statistics, mathematics, economics, computer science or a related discipline, with relevant banking or model risk experience. Strong knowledge of statistical modelling, machine learning, programming tools such as Python, R or SAS, and financial risk concepts is usually required. The successful candidate should be able to challenge model assumptions, analyse data, document methodologies clearly, communicate findings to senior stakeholders and work effectively with risk, technology and business teams. Professional judgement, attention to detail and familiarity with regulatory expectations are important.

Company Info

OCBC Bank is one of Southeast Asia’s largest financial institutions and Singapore’s longest-established bank. Headquartered in Singapore, it provides consumer banking, wealth management, commercial banking, corporate banking, investment banking and insurance services across key markets including Singapore, Malaysia, Indonesia, Greater China and other international locations. The bank serves individuals, businesses, institutions and affluent clients through a broad network of branches and digital channels. OCBC has invested heavily in digital banking, data analytics, cybersecurity and technology-led financial services, while maintaining a strong focus on risk management and regulatory standards. Its workforce includes professionals in finance, technology, risk, operations, relationship management and product development. Employment with OCBC may offer exposure to regional projects, sophisticated banking models and cross-border business operations.

Destination Guide

Singapore is a compact, highly connected island city with strong opportunities in banking, financial technology, technology, healthcare, logistics, engineering and professional services. Its multicultural population reflects Chinese, Malay, Indian and international communities, with English widely used in business and daily life. The lifestyle is convenient and safe, supported by excellent public transport, modern healthcare, shopping centres, parks and diverse food options. Housing can be expensive, particularly in central areas, so many professionals choose suburban apartments near MRT stations. Foreign professionals generally need an Employment Pass, sponsored by an eligible employer; approval depends on salary, qualifications and prevailing government criteria. Relocating employees should budget for rent, deposits, insurance, transport and school fees where relevant. Singapore’s tropical climate is hot and humid year-round, with frequent rain. Workplaces are typically professional, multicultural and performance-oriented, offering good regional career exposure.

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