East West Banking Corporation

Model Risk Management Team Lead

East West Banking Corporation  •  Taguig, PH (Hybrid)  •  7 days ago
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Job Description

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 Bank's 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 you're 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 we're looking for

  • Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, or related quantitative discipline; Master's 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
East West Banking Corporation

About East West Banking Corporation

Company Overview

East West Banking Corporation, established in 1994, is one of the fastest-growing banks in the country today. It caters to the financial needs of consumers, middle market corporates, and the mass affluent. Through its vast network of stores nationwide, it offers a wide range of banking products and services, as well as allied financial services: non-life insurance brokerage, bancassurance, and leasing.

EastWest’s goal is to provide excellent customer service, relevant products that meet the customer needs and having the most engaged and loyal customers and employees, while providing services befitting of a world-class bank anchored on service excellence in its chosen markets.

With steadfast commitment to make "Your Dream Our Focus," EastWest continues to develop innovative products and services and alternative delivery channels that cater to the diverse and evolving needs of its clientele.

Mission

For our chosen markets

by providing them with excellent service in the delivery of integrated and innovative products, responsive to their current and future financial needs, at the best value.

For our employees

by continuously providing them with opportunities to develop their full potential and by giving recognition and rewards commensurate to their contribution.

For our community

by committing ourselves to improving the quality of life of those around us through the support for various charities and involvement in outreach activities.

For our regulators

by uncompromisingly adhering to the highest standards of business ethics and corporate governance.

For our shareholders

by managing the bank professionally and prudently to consistently achieve optimal possible returns.

Industry
Finance & Insurance
Company Size
5,001-10,000 employees
Headquarters
Taguig City, PH
Year Founded
1994
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