Senior Model Risk & Validation Lead

Tonik; Philippines; On-site; PHP 1,000,000 - 2,400,000; Full time

Job summary

Tonik is seeking an experienced Model Risk Validator to lead independent validation of banking models, covering data quality, performance testing, and controls. You will develop risk-based validation plans prioritizing materiality and regulatory significance, and escalate critical risks to senior leadership.

You will prepare periodic model-risk reporting for governance committees and the Board, and provide guidance on validation expectations to model owners and auditors.

Qualifications

• Bachelor's degree in a quantitative discipline; a postgraduate degree is an advantage.
• Minimum 5 years of relevant experience in banking, fintech, model validation, or risk analytics.
• Experience reviewing or challenging statistical, financial, risk, or ML models; fintech exposure preferred.
• Strong knowledge of risk disciplines and validation methodologies such as back testing and calibration.
• Proficiency in SQL and at least one analytics language; ability to review model code and data transformations.

Responsibilities

• Lead independent validation of banking models across units, covering conceptual soundness, data quality, and performance testing.
• Develop and maintain risk-based validation plans prioritizing materiality and regulatory significance.
• Prepare model-risk reporting for governance committees, Risk Oversight Committee, and Board.
• Escalate material risk concerns to the CRO and governance bodies.
• Provide guidance on model-risk requirements and validation expectations to stakeholders.

Skills

Statistical modeling

Regression

Forecasting

Time-series analysis

Machine learning

Analytical thinking

Verbal communication

Professional skepticism

Education

Bachelor's degree in Statistics, Mathematics, Economics, Data Science, Computer Science, Engineering, Actuarial Science, Finance, Accounting, or related quantitative field

Tools

SQL

Python

R

SAS

MATLAB

Job description

Tonik is seeking an experienced Model Risk Validator to lead independent validation of banking models, covering data quality, performance testing, and controls. You will develop risk-based validation plans prioritizing materiality and regulatory significance, and escalate critical risks to senior leadership.

You will prepare periodic model-risk reporting for governance committees and the Board, and provide guidance on validation expectations to model owners and auditors.