Model Risk Management Team Lead

About the Job

Location: Taguig

Corporate Title: Assistant Vice President

Work Arrangement: Hybrid

Our Risk Management Department is looking for experienced professionals to join us in Taguig with the role of Model Risk Management Team Lead.

In this role you will provide enterprise-level ownership and governance of the Banks Model Risk Management framework ensuring risks from quantitative statistical and judgment-based models are identified monitored escalated and integrated into enterprise risk governance. You will also embed model risk considerations into the Risk Appetite Statement ICAAP stress testing recovery planning and strategic decision-making while maintaining clear separation from independent validation execution.

Your dream. Our focus.

East West Banking Corporation (EastWest) is one of the largest universal banks in the Philippines and is committed to continuously invest in people and in process product and service enhancements and embrace new ideas to enhance the EastWest experience.

We empower our employees to drive their careers and are committed to provide the runway for them to grow. We value teamwork and individual initiative. Join us and be part of a highly engaged team and a workplace that promotes development and goal attainment.

Whether youre just starting out or already a seasoned professional EastWest can help you unleash your potential and bridge the gap between dream to success.

What the role will entail

• Own and enhance policy and framework ensuring alignment with BSP guidelines Basel standards and enterprise ERM ICAAP and Risk Appetite frameworks
• Define governance standards for model lifecycle materiality risk classification escalation thresholds and reporting
• Maintain centralized inventory with complete capture of models clear ownership defined purpose lifecycle status and risk tiering
• Aggregate model information to identify concentrations dependencies and overreliance across ICAAP ECL stress testing pricing and strategic models
• Translate findings into consolidated enterprise risk views for Senior Management and the Board
• Oversee validation governance by reviewing outcomes identifying systemic issues and ensuring timely escalation in line with risk appetite
• Prepare dashboards and reports for Senior Management the Risk Management Committee and Board-level oversight

What were looking for

• Bachelors degree in Finance Economics Mathematics Statistics Engineering or related quantitative discipline; Masters degree is an advantage
• At least 8 to 12 years of relevant experience in model risk management quantitative risk oversight capital management or enterprise risk management within a regulated financial institution
• Technical knowledge of Model Risk Management frameworks lifecycle governance materiality and tiering ICAAP and stress testing linkages and oversight of credit ECL/IFRS9 pricing and capital models
• Strong ownership of enterprise outcomes with sound judgment and ability to provide credible challenge at senior levels
• Balance of rigor between technical expertise and practical governance discipline

What you can expect from joining our team

• Career development and training opportunities
• Competitive salary package and benefits
• Performance-based incentives and recognition programs to reward high-performing individuals
• Opportunity to work with industry experts and be mentored by them
• Defined career progression paths to guide you in your professional growth