Model Risk Management Lead - Governance & Strategy

East West Banking Corporation; Philippines; Hybrid; PHP 2,400,000 - 3,600,000; Full time

Benefits offered by this job

Competitive compensation

Career development

Performance incentives

Job summary

East West Banking Corporation is seeking a Model Risk Management Team Lead in Taguig. Hybrid setup, enterprise-wide ownership of the Model Risk Management framework, ensuring models are identified, monitored, and governed across risk areas.

You will embed model risk considerations into risk appetite, ICAAP, stress testing, recovery planning, and strategic decision-making while maintaining separation from independent validation.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, or related quantitative field.
• 8–12 years in model risk management or related risk roles in regulated financial institutions.
• Deep knowledge of Model Risk Management frameworks, lifecycle governance, ICAAP, and stress testing.
• Strong ownership and ability to challenge at senior levels.

Responsibilities

• Own and enhance policy and framework, aligning with BSP, Basel, ERM, ICAAP.
• Define governance standards for model lifecycle, materiality, risk classification, escalation, and reporting.
• Maintain centralized model inventory with ownership, purpose, lifecycle status, and risk tiering.
• Aggregate model information to identify concentrations and dependencies across ICAAP, ECL, stress testing, pricing, and capital models.
• Translate findings into enterprise risk views for Senior Management and the Board.
• Oversee validation governance, review outcomes, and ensure timely escalation per risk appetite.
• Prepare dashboards and reports for Senior Management, the Risk Management Committee, and Board oversight.

Skills

Model Risk Management

Governance

Stakeholder Management

Risk Analytics

Regulatory Knowledge

Education

Bachelor's degree in Finance

Master's degree advantageous

Job description

East West Banking Corporation is seeking a Model Risk Management Team Lead in Taguig. Hybrid setup, enterprise-wide ownership of the Model Risk Management framework, ensuring models are identified, monitored, and governed across risk areas.

You will embed model risk considerations into risk appetite, ICAAP, stress testing, recovery planning, and strategic decision-making while maintaining separation from independent validation.