SGV - Financial Services Risk Management - Senior Associate

EY; Makati; On-site; PHP 900,000 - 1,700,000; Full time

Job summary

SGV in the Philippines seeks a Financial Services Risk Management Senior Associate to help clients strengthen risk frameworks across capital markets, banks, asset management and insurance. You will contribute to risk modelling (credit, market, operational), develop recommendations, and prepare reports and presentations while coaching junior team members.

Strong English communication, a quantitative background, and experience in banking regulations are preferred; the role offers a path to

Qualifications

• Bachelor’s degree in Economics, Mathematics, Statistics, Physics, or related field.
• Minimum 3 years’ experience in risk management at financial institutions.
• Experience with credit risk modeling (scoring/rating, PD/LGD).
• Familiarity with Basel II/III, IFRS 9/13 and related regulations.

Responsibilities

• Active involvement in financial risk modelling across credit, market, and operational risk.
• Draw meaningful conclusions and recommendations from analyses.
• Drive preparation of reports and client presentations.
• Supervise and coach assistants, monitor delivery status.
• Prepare proposals and project plans for prospective clients.

Skills

Credit risk modeling

Market risk modeling

Risk management

Regulatory compliance

Education

Bachelor's degree in Economics/Math/Stats

Tools

Python

R

SQL

MATLAB

SAS

VBA

Job description

SGV - Financial Services Risk Management - Senior Associate

Other locations: Anywhere in Country

Requisition ID: 1757963

SGV is the largest professional services firm in the Philippines. In everything we do, we nurture leaders and enable businesses for a better Philippines. This Purpose is our aspirational reason for being that ignites positive change and inclusive growth.

Our multidisciplinary teams work across a full spectrum of services in assurance, tax, strategy and transactions, and consulting. Enabled by data, AI and advanced technology, we help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

At SGV, we develop you with future-focused skills and equip you with world-class experiences. We empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.

In Risk Consulting, we assist organizations in identifying, assessing, and managing risks to protect their assets and achieve their strategic objectives. Our services include third party risk assessments and management, risk assessment, internal audit, compliance, and cybersecurity. We provide tailored solutions to mitigate potential threats and enhance resilience. By helping clients navigate complex risk landscapes, we enable them to make informed decisions and maintain a secure and sustainable business environment.

In Financial Services Risk Management (FSRM), we assist organizations in navigating the complexities of risk within the financial sector. Our services include risk identification, assessment, mitigation strategies, and regulatory compliance support. We provide tailored solutions to enhance risk management frameworks, optimize decision‑making, and safeguard assets. By aligning risk management practices with business objectives, we empower clients to achieve sustainable growth and maintain resilience in a dynamic financial landscape.

Financial Risk Services Management - Senior Associate

As part of our team, you will provide a well‑integrated broad array of risk management services to capital market participants within global banking, capital markets, asset management and insurance. FSRM products and services include Regulatory Compliance, Prudential Supervision (including capital management and capital adequacy), Bank Holding Company reporting, Credit Risk, Liquidity Risk, Market Risk, Operational Risk, Interest Rate Risk, Strategic Risk, Enterprise Risk, Structured Finance, Sustainable finance (Environmental, Social and Governance (ESG) Risk Management and Integration), and Quantitative Advisory Services.

Key Responsibilities:

• Active involvement in projects in financial risk modelling, credit risk, market risk, operational risk, methodology designs and reviews by large and international banks
• Based on the results of analyses and research, draw meaningful conclusions and recommendations for our clients
• Drive the preparation of reports and presentations
• Supervise and coach assistants, monitor and report delivery status
• Preparation of proposals, project plans for prospective client

Knowledge, Competencies, and Skills Requirements:

• Strong interpersonal skills, team player
• Client focused mindset with drive for impact
• Very good command of spoken and written English, Hungarian, outstanding communication skills
  

To qualify for the role you must have

• A bachelor’s degree in Economics, Mathematics, Statistics, Physics, and other related programs
• Minimum of 3 years’ experience preferably at financial institutions in the field of risk management:
• Credit risk modeling (scoring and rating models, PD and LGD modeling)
• Interest rate in the banking book (IRRBB) modeling
• Market risk modeling, valuation of financial derivatives and financial instruments or
• Experience in regulatory issues in banking and financial industries (BSP, Basel II/III, IFRS 9, IFRS 13)
• Statistical and numerical techniques and the principles of the theory of probability and stochastic calculus
• Functional knowledge and experience with statistical and numerical techniques and business acumen
• Experience working in a financial product engineering/research and development environment designing and developing quantitative methods and services for capital market products
• Strong interest in economic analysis / financial data analysis / applied statistics
• Knowledge of the financial markets and the banking industry
• Outstanding analytical and structured thinking

Ideally, you’ll also have:

• Knowledge & experience with at least one of the following programming languages: Python, R, VBA, SAS, MATLAB, SQL, and statistical software such as EViews and Stata
• Master's or PhD degree in economics, mathematics, financial engineering, statistics, or physics preferred
• Desire to develop and integrate quantitative skills within a required scope of designing and implementing business services
• Leadership as well as proven project management skills
• Excellent written and verbal communication skills

What we offer

At SGV, you can shape your future with confidence. We are committed to:

• Developing an extraordinary you – Gain access to world‑class training, coaching, and hands‑on experience that will build your skills, sharpen your expertise, and prepare you for leadership opportunities.
• Empowering an extraordinary you – Thrive in a flexible and supportive work environment that prioritizes wellbeing, embraces our values, and helps you achieve both professional success and personal fulfillment.
• Fueling an extraordinary you – Be part of an inclusive, diverse culture where collaboration and innovation drive impactful work, and where you’re inspired and challenged by teams who bring out your best.

SyCip, Gorres, Velayo & Co. (“SGV”) is a general professional partnership duly organized and existing under Philippine laws. SGV is also a member firm of the global network of Ernst & Young (“EY”) firms, each of which is a separate and distinct legal entity. Please note that your application will be received and processed by SGV with understanding that you are applying with SGV. As part of the process through this Career Site, you may receive an automated e‑mail notification from an EY email address.

We will process your Personal Data in accordance with the Data Privacy Act of 2012 and its implementing rules and regulations. You may access SGV’s Comprehensive Data Policy at https://www.sgv.ph/dpa for all Personal Data we may collect or receive from you.

SGV | Building a better working world

SGV & Co. is a member firm of Ernst & Young Global Limited. EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

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EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.