Senior Manager, Model Risk Governance & Validation

East West Banking Corporation; Taguig; Hybrid; PHP 1,800,000 - 3,000,000; Full time

Benefits offered by this job

Career development

Competitive salary

Performance incentives

Mentorship

Defined career progression

Job summary

East West Banking Corporation invites applications for a Risk Officer - Model Risk Management at the Senior Manager level in Taguig. The role sits in the Risk Management Department with a hybrid work setup, focusing on enterprise-level model risk framework, governance, validation activities, and reporting to senior management.

Ideal candidates have 3–7 years of experience in model risk management within regulated banks, plus strong analytical skills and governance insight.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, Business Analytics, Information Systems, or related discipline; Master's degree is an advantage
• 3–7 years of relevant experience in model risk management, quantitative risk oversight, or related functions within a regulated financial institution
• Knowledge of model lifecycle governance, materiality and tiering concepts, ICAAP and stress testing linkages, and independent validation techniques
• Strong analytical skills with attention to detail, professional skepticism, and ability to translate technical findings into governance-ready insights
• Effectiveness in a second-line control environment, ensuring sound risk oversight and governance alignment

Responsibilities

• Maintain model inventory with clear documentation of purpose, ownership, lifecycle stage, and risk classification
• Apply and update criteria for materiality, tiering, and risk classification in line with the Model Risk Management Framework
• Perform consistency checks to ensure all models meeting governance definitions are properly captured and monitored
• Consolidate model information including validation status, findings, and limitations into enterprise-level risk views
• Identify risk concentrations and dependencies across ICAAP, ECL/IFRS 9, stress testing, pricing, and strategic processes
• Track remediation status of validation findings, elevate high-risk issues, and support management visibility
• Prepare dashboards and working papers for Senior Management and the Risk Management Committee

Skills

Analytical skills

Governance reporting

Second-line risk

Model risk

Stakeholder communication

Education

Bachelor's degree

Job description

East West Banking Corporation invites applications for a Risk Officer - Model Risk Management at the Senior Manager level in Taguig. The role sits in the Risk Management Department with a hybrid work setup, focusing on enterprise-level model risk framework, governance, validation activities, and reporting to senior management.

Ideal candidates have 3–7 years of experience in model risk management within regulated banks, plus strong analytical skills and governance insight.