Deskripsi Pekerjaan
EastWest Banking Corporation is seeking a highly skilled and experienced Model Risk Management Team Lead to join our dynamic Risk Management Department. As a key player in our financial stability framework, you will oversee the governance, validation, and lifecycle management of critical quantitative models. This role is pivotal in ensuring that our models meet rigorous regulatory standards, such as Basel III and IFRS 9, while supporting the bank's strategic objectives.
We are looking for a strategic leader who can drive a culture of risk awareness and analytical excellence. You will lead a team of risk professionals, collaborate with business units and auditors, and ensure that model risk is effectively identified, measured, monitored, and controlled. If you have a passion for financial regulation and a desire to lead a high-impact team in a top-tier Philippine bank, we encourage you to apply.
Tanggung Jawab
- Lead the Model Risk Management (MRM) function, ensuring comprehensive coverage and governance of all bank-wide models.
- Oversee the independent validation and testing of complex quantitative models used in credit, market, and operational risk.
- Ensure strict compliance with regulatory requirements, including Basel III, IFRS 9, and internal risk policies.
- Manage the Model Risk Management framework, including policies, procedures, and documentation standards.
- Collaborate with business units, risk, and finance teams to identify model risks and implement effective mitigation strategies.
- Perform ongoing monitoring of model performance and performance drift to ensure continued relevance and accuracy.
- Present model validation findings and strategic recommendations to senior management and the Audit Committee.
Kualifikasi
- Bachelor’s degree in Mathematics, Statistics, Economics, Finance, or a related quantitative field.
- Minimum of 5-7 years of experience in Risk Management, Model Validation, or Financial Modeling within a banking or financial institution.
- Strong working knowledge of statistical software (e.g., R, Python, SAS) and database systems (SQL).
- Professional certification (e.g., FRM, CFA, PRM) is highly desirable.
- Proven track record of leading teams and managing cross-functional projects.
- Excellent communication skills, with the ability to explain complex technical concepts to non-technical stakeholders.
- Detail-oriented with strong analytical and problem-solving abilities.