Senior Manager, Model Risk Oversight

East West Banking Corp; Taguig; Hybrid; PHP 2,000,000 - 3,000,000; Full time

Benefits offered by this job

Career development & training

Competitive salary & benefits

Performance-based incentives

Mentoring by industry experts

Defined career progression

Job summary

East West Banking Corporation in Taguig seeks a Risk Officer - Model Risk Management (Senior Manager) for its Risk Management Department. The role supports enterprise risk governance, model validation activities, and oversight within a second-line framework.

The position emphasizes maintaining model inventories, materiality criteria, and governance-ready outputs for ERM, ICAAP, and senior management reporting, with a hybrid work setup and opportunities for growth.

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 or related risk functions.
• Knowledge of ICAAP, stress testing, and model lifecycle governance.
• Strong governance and analytic capabilities for risk reporting.

Responsibilities

• Maintain model inventory with documentation of purpose, ownership, lifecycle, and risk classification.
• Apply materiality, tiering, and risk classification criteria per MRM framework.
• Perform consistency checks ensuring governance-aligned model capture.
• Consolidate validation findings and risk information into enterprise views.
• Identify dependencies across ICAAP, ECL/IFRS 9, stress testing and pricing.
• Track remediation status and elevate high-risk issues for management visibility.
• Prepare dashboards and working papers for Senior Management and Risk Management Committee.

Skills

Analytical skills

Attention to detail

Professional skepticism

Governance experience

Second-line control

Education

Bachelor's degree in Finance, Economics, Math, Statistics, Eng, or related field

Master's degree is an advantage

Job description

East West Banking Corporation in Taguig seeks a Risk Officer - Model Risk Management (Senior Manager) for its Risk Management Department. The role supports enterprise risk governance, model validation activities, and oversight within a second-line framework.

The position emphasizes maintaining model inventories, materiality criteria, and governance-ready outputs for ERM, ICAAP, and senior management reporting, with a hybrid work setup and opportunities for growth.