Senior Model Risk & Validation Lead

Tonik; Metro Manila; On-site; PHP 900,000 - 1,500,000; Full time

Job summary

Tonik in the Philippines is seeking a seasoned Model Risk Validator to lead independent validation of models across the bank, ensuring conceptual soundness and data quality. You will manage the model inventory, review ownership and usage, and develop risk-based validation plans prioritizing materiality, regulatory significance, and potential customer impact.

The role supports audits and regulatory examinations and contributes to policy improvements while guiding owners, developers, and

Qualifications

• Degree in quantitative field; a postgraduate degree is an advantage.
• Minimum 5 years in banking/fintech model validation or risk analytics.
• Experience reviewing statistical, financial, risk, or ML models; fintech/startup exposure preferred.

Responsibilities

• Lead independent validation of models across bank units, covering conceptual soundness and data quality.
• Maintain enterprise model inventory; review ownership, intended use, materiality, risk class, and validation frequency.
• Develop risk-based validation plans prioritizing materiality, complexity, and customer impact.
• Produce validation opinions and monitor remediation through closure.
• Escalate material or overdue model-risk concerns to CRO and governance committees.
• Prepare periodic model-risk reporting for governance bodies and the Board.
• Support regulatory examinations, Internal and External audits involving model risk.

Skills

Statistical modeling

Time-series analysis

Machine learning

Data analysis

SQL

Python

R

Communication

Independence & judgment

Education

Bachelor's degree in Statistics/Mathematics/CS/Engineering

Postgraduate degree advantageous

Tools

Python

R

SAS

MATLAB

Job description

Tonik in the Philippines is seeking a seasoned Model Risk Validator to lead independent validation of models across the bank, ensuring conceptual soundness and data quality. You will manage the model inventory, review ownership and usage, and develop risk-based validation plans prioritizing materiality, regulatory significance, and potential customer impact.

The role supports audits and regulatory examinations and contributes to policy improvements while guiding owners, developers, and