Model Risk Validation Lead

Bank of the Philippine Islands (BPI); Manila; On-site; PHP 900,000 - 1,200,000; Full time

Job summary

Bank of the Philippine Islands (BPI) is seeking a Model Validation Officer to support the Risk Management Office in validating risk models and providing independent review of model use. The role involves collaborating with the RMCom and CRO to ensure model risk is properly identified, measured, and reported.

The ideal candidate has a quantitative background, knowledge of SAS or VBA, and a bachelor's degree in a relevant field.

Qualifications

• Strong background in statistics/econometrics and risk analytics.
• Experience with predictive behavioral modelling or credit risk.
• Bachelor’s degree in a relevant field as listed.
• Graduate studies in related finance/statistics fields preferred.

Responsibilities

• Identify sources of model risk and potential losses from using models.
• Perform independent model validation per policies and procedures.
• Prepare validation reports and executive summaries for leadership.
• Monitor validation findings and remediation activities.
• Ensure compliance with company rules, regulatory requirements, and ethics.
• Support section head in absence and take on delegated tasks.

Skills

Quantitative skills

Risk analytics

Statistical concepts

Education

Bachelor’s Degree in Economics, Finance, Mathematics, Statistics, Engineering or Information Technology

Graduate units in MS Finance/Computational Finance/Financial Engineering, Mathematics, or Statistics

Tools

SAS

VBA

Job description

Bank of the Philippine Islands (BPI) is seeking a Model Validation Officer to support the Risk Management Office in validating risk models and providing independent review of model use. The role involves collaborating with the RMCom and CRO to ensure model risk is properly identified, measured, and reported.

The ideal candidate has a quantitative background, knowledge of SAS or VBA, and a bachelor's degree in a relevant field.