Risk Officer - Model Risk Management

What you'll do:

As a Risk Officer Model Risk Management based in Manila, you will be responsible for supporting the organisation’s enterprise-level MRM function through meticulous documentation and monitoring of model risks. Your day-to-day activities will involve applying criteria for materiality and tiering classifications while performing regular consistency checks to ensure all relevant models are accurately inventoried. You will consolidate complex model information into actionable insights for senior management reporting and identify risk concentrations across various financial processes. By tracking remediation statuses and escalating high-risk issues when necessary, you will play a crucial role in maintaining robust governance standards. Preparing dashboards and working papers for key stakeholders will be central to your responsibilities as you collaborate with colleagues across departments. Success in this role requires a keen eye for detail, strong analytical capabilities, and an ability to translate technical findings into governance-ready insights that support effective risk oversight.

• Maintain a comprehensive model inventory with clear documentation of purpose, ownership, lifecycle stage, and risk classification for all models used across the organisation.
• Apply and update criteria for materiality, tiering, and risk classification in accordance with the Model Risk Management Framework to ensure accurate risk categorisation.
• Perform consistency checks regularly to guarantee that all models meeting governance definitions are properly captured and monitored within the risk management system.
• Consolidate model information including validation status, findings, and limitations into enterprise-level risk views for enhanced visibility and decision-making.
• Identify risk concentrations and dependencies across ICAAP, ECL/IFRS 9, stress testing, pricing, and strategic processes to support holistic risk oversight.
• Track remediation status of validation findings diligently, escalate high-risk issues promptly, and provide support for management visibility on critical matters.
• Prepare dashboards and working papers for Senior Management and the Risk Management Committee to facilitate informed discussions on model risks.
• Support independent model validation activities by ensuring outputs are defensible, audit-ready, and aligned with regulatory standards as part of the second line of defence.
• Collaborate closely with other teams within the risk management department to integrate model risks into ERM, Risk Appetite statements, ICAAP reporting, and senior management presentations.
• Assist in developing governance processes that enhance control effectiveness within a second-line control environment while maintaining alignment with organisational objectives.

What you bring:

The ideal candidate for the Risk Officer Model Risk Management role brings proven experience from regulated financial institutions where they have supported quantitative risk oversight or capital analytics functions. Your educational background equips you with foundational knowledge in finance-related disciplines while advanced degrees further strengthen your expertise. You possess deep familiarity with model lifecycle governance principles as well as materiality concepts that underpin effective risk categorisation. Your analytical abilities allow you to maintain detailed inventories while identifying concentrations or dependencies across multiple financial processes. Professional skepticism guides your approach when validating models independently—ensuring outputs withstand scrutiny from auditors or regulators. You excel at translating technical findings into actionable insights suitable for senior management reporting. Experience operating within second-line control environments has honed your understanding of sound governance practices. Collaboration comes naturally as you work alongside colleagues from diverse backgrounds integrating model risks seamlessly into enterprise frameworks. Your commitment to ongoing learning positions you as a dependable contributor who embraces growth leadership opportunities offered by the organisation.

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Engineering, Business Analytics, Information Systems or related discipline is required; a Master’s degree is considered an advantage for this position.
• At least 3 to 7 years of relevant experience in model risk management, quantitative risk oversight, enterprise risk functions or capital analytics within a regulated financial institution is essential.
• Demonstrated knowledge of frameworks including model lifecycle governance principles, materiality and tiering concepts as well as ICAAP and stress testing linkages is highly desirable.
• Proven ability to apply independent validation techniques effectively while ensuring outputs meet audit-ready standards aligned with regulatory requirements.
• Exceptional analytical skills combined with meticulous attention to detail enable you to identify inconsistencies or gaps in model inventories or risk classifications.
• Professional skepticism coupled with strong communication skills allows you to translate technical findings into clear governance-ready insights for senior stakeholders.
• Experience working within a second-line control environment ensures sound risk oversight practices are maintained throughout all processes.
• Ability to collaborate effectively with cross-functional teams fosters an inclusive approach towards integrating model risks into broader enterprise frameworks.
• Familiarity with preparing dashboards or working papers for senior management committees demonstrates your capacity for presenting complex information clearly.
• Commitment to continuous learning through training opportunities reflects your dedication towards personal growth leadership within the organisation.

What sets this company apart:

What's next:

If you are ready to take your expertise in model risk management to new heights within an inclusive team environment—apply now!

Apply today by clicking on the link provided.