Risk Model Officer

Toyota Financial Services Philippines; Makati; On-site; PHP 446,400 - 669,600; Full time

Job summary

Toyota Financial Services Philippines is seeking a skilled professional to oversee model risk management and credit risk models. You will be responsible for ensuring accurate risk assessments and developing frameworks that comply with local and global standards.

The ideal candidate should have a Bachelor's degree in a related field and experience in model risk and credit review. Knowledge of analytics software and good communication with internal stakeholders is essential.

Qualifications

• Experience in Model Risk, Credit Review, Audit or Banking and Finance.
• Knowledgeable in analytics software and market data providers.
• Ability to ensure regulatory compliance.

Responsibilities

• Create and update the model risk management framework.
• Develop and test credit risk models.
• Maintain model inventory and compliance.
• Manage relationships with internal customers.

Skills

Model Risk Management

Credit Risk Models

Data Analysis

Microsoft Office

SAS

Education

Bachelor's degree in Statistics, Mathematics, Economics, or Banking and Finance

Tools

SAS

R-Studio

Reuters

Bloomberg

Job description

Responsibilities

• Create, maintain, and update the model risk management framework.
• Develop, implement, test and monitor credit risk models (e.g. Application scoring, Behavioral scoring, etc.).
• Develop, implement, test and monitor additional models as required to support business needs.
• Establish, maintain and update model inventory, classification, and materiality assessment.
• Test, monitor, and validate all third-party risk models outsourced by TFSPH.
• Ensure model risk management is aligned with regulatory and compliance requirements.
• Assist in the maintenance of internal data maintained by the risk management department.
• Assist in the development of additional reports as required by business needs requested to the risk management department.
• Coordinate, communicate and maintain good relationship with internal customers.

Qualifications

• Accurate and validated model scores to ensure accurate risk assessment.
• To meet Global and Local (SEC and BSP) Credit Risk Management Reporting Requirements.
• Relevant amount of experience in Model Risk, Credit Review, Audit and/or Banking and Finance Education.
• Bachelors degree (Business Course preferably Statistics, Mathematics, Economics, or Banking and Finance).
• Knowledgeable in Microsoft Office, analytics software (SAS, R-Studio, or other related software) and market data provider (Reuters or Bloomberg).