Data Scientist-Model Validation

Union Bank of the Philippines; Manila; Hybrid; PHP 1,200,000 - 1,800,000; Full time

Job summary

Union Bank of the Philippines is seeking a Model Validator Officer to validate mathematical and machine learning models used across the bank. You will work with cross-functional teams to identify risks, ensure regulatory compliance, and document validation outcomes.

The role requires strong analytical and programming skills (Python, R, SQL) and at least 3 years in model validation, with a preference for candidates holding a Master’s degree in a quantitative field.

Qualifications

• Bachelor’s degree in a quantitative field (mathematics, statistics, finance, economics, computer science).
• Master’s degree preferred.

Responsibilities

• Model Review and Validation: perform independent reviews of models; challenge assumptions; review documentation, code, and implementation; assess data quality and methodology; identify limitations and uncertainties.
• Risk Assessment and Mitigation: evaluate model risk; identify vulnerabilities; recommend mitigation strategies; identify areas for improvement.
• Regulatory Compliance: ensure BSP regulatory and internal policy adherence; comply with industry standards and best practices.
• Documentation and Reporting: maintain validation reports; document limitations and recommendations; communicate results to developers and business units.

Job description

3 - 8 Years

Employee

Job Description

About The Role

The Model Validator Officer will work with cross-functional teams to identify, assess, and mitigate risks in all mathematical and machine learning models used throughout the bank. He/she will also ensure that the models are reliable and in compliance with any relevant regulations, laws, or internal policies.

What You'll Do

1. Model Review and Validation

• Perform independent reviews of models
• Challenge model assumptions and results
• Review model documentation, code, and implementation
• Assess model conceptual soundness, data quality, and methodology
• Identify model limitations, biases, and uncertainties

2. Risk Assessment and Mitigation

• Evaluate model risk and identify potential vulnerabilities
• Recommend risk mitigation strategies
• Identify areas for improvement

3. Regulatory Compliance

• Ensure adherence to BSP regulatory and internal policy requirements
• Comply with industry standards and best practices

4. Documentation and Reporting

• Maintain detailed validation reports
• Document model limitations, assumptions, and recommendations
• Communicate validation results to model developers and business units

What We're Looking For

• Bachelor’s degree in a quantitative field (mathematics, statistics, finance, economics, computer science)
• Master’s degree in any relevant field is preferred
• With at least 3 years of related experience in model validation
• Strong analytical, statistical, and technical skills
• Proficiency in programming languages (e.g., Python, R, SQL)
• Knowledge of machine learning, statistics, and modeling techniques
• Familiarity with regulatory requirements and industry standards is preferred

Job Snapshot

Updated Date

23-Sep-2026

Job ID

JOB_1003

Department

Location