Credit Risk Quantitative Analysis Officer (SJR)

Metrobank; Manila; On-site; PHP 600,000 - 800,000; Full time

Job summary

Metrobank is seeking a Junior Officer for Credit Risk Quantitative Analysis. In this role, you will develop and implement quantitative models to assess and manage risks within the organization. Responsibilities include analyzing complex data sets, adhering to regulatory compliance, and providing actionable insights to support risk management strategies. The ideal candidate holds a Bachelor’s degree in Mathematics or Statistics and has valuable experience in insurance, particularly in actuarial functions. Strong analytical skills and proficiency in R or Python are advantageous.

Qualifications

• Experience in insurance companies, particularly in the Actuarial Department.
• Ability to break down problems into manageable tasks.
• Drive actionable insights through data analysis.

Responsibilities

• Develop quantitative models for risk assessment.
• Analyze complex datasets to inform risk strategies.
• Improve modeling techniques based on industry standards.
• Ensure model adherence to risk governance frameworks.
• Implement monitoring and reporting mechanisms for risk metrics.
• Establish a comprehensive risk assessment framework.
• Ensure models comply with regulatory standards.

Skills

Analytical skills

Data analysis

Model development

R or Python

Education

Bachelor’s degree in Mathematics or Statistics

Job description

Credit Risk Quantitative Analysis Officer (SJR)

Job Summary

Develop and implement advanced quantitative models and methodologies that effectively assess, quantify and manage risks across the organization. Aim to drive organizational resilience by developing actionable insights from complex data analytics, ensuring compliance with regulatory standards and aligning risk management practices with business objectives to optimize performance and safeguard stakeholder interests. Collaborate with cross-functional teams to provide actionable insights and recommendations that support informed decision-making and risk mitigation strategies, thereby contributing to the overall stability and sustainability of the organization.

Role Exposure

• Development of quantitative models that accurately assess risks
• Analyze complex data sets to derive insights that inform risk management strategies.
• Continuously improve modeling techniques and governance based on industry standards and best practices.
• Ensure that model development and maintenance adhere to the Model Risk Government Framework of the Bank.
• Develop and implement effective monitoring and reporting mechanisms, ensuring timely communication of risk metrics and exposures to various risk divisions, Senior Management and BOD
• Implement data governance and quality assurance processes to ensure the integrity and reliability of data used for risk assessments and modeling
• Risk Framework Development and Implementation:
  • Establish and maintain a comprehensive risk assessment framework that incorporates advanced analytics and regular updates
  • Establish and maintain an effective model risk management framework to ensure that decisions and regulatory reports based on outputs of models are sound and remain supportive of the Bank’s strategies
• Regulatory Compliance Management:
  • Ensure all models comply with relevant regulatory requirements and industry standards, with minimal or no compliance-related issues reported during audits
• Additional Responsibilities:
  • Perform other related duties as assigned to support the overall success of the Division, Risk Management Group and Bank

Qualifications

• Bachelor’s degree in Mathematics or Statistics.
• Has experience in insurance companies, particularly in roles within the Actuarial Department, demonstrating a solid understanding of insurance operations
• Have strong analytical skills with ability to break down problems into doable tasks
• Must be able to drive actionable insights through data analysis
• Experience in R or Python is an advantage

Other Details

Rank: Junior Officer

Unit: Risk Management Group / Enterprise and Quantitative Risk Division / Credit Risk Quantitative Analysis Department

Location: Metrobank Center, BGC, Taguig City