East West Banking Corporation

Risk Officer - Model Risk Management

East West Banking Corporation  •  Taguig, PH (Hybrid)  •  8 days ago
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Job Description

About the Job

Location: Taguig

Corporate Title Senior Manager

Work Arrangement: Hybrid

Our Risk Management Department is looking for experienced professionals
to join us in Taguig with the role of Risk Officer - Model Risk Management

In this role you will provide analytical, coordination, and governance support for the Bank's enterprise-level Model Risk Management (MRM) function, ensuring model risks are inventoried, monitored, escalated, and integrated into ERM, Risk Appetite, ICAAP, and senior management reporting. You will also support independent model validation activities and governance processes as part of the second line of defense, ensuring outputs are defensible, audit-ready, and aligned with regulatory and MRM standards.

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

  • Maintain model inventory with clear documentation of purpose, ownership, lifecycle stage, and risk classification
  • Apply and update criteria for materiality, tiering, and risk classification in line with the Model Risk Management Framework
  • Perform consistency checks to ensure all models meeting governance definitions are properly captured and monitored
  • Consolidate model information including validation status, findings, and limitations into enterprise-level risk views
  • Identify risk concentrations and dependencies across ICAAP, ECL/IFRS 9, stress testing, pricing, and strategic processes
  • Track remediation status of validation findings, escalate high-risk issues, and support management visibility
  • Prepare dashboards and working papers for Senior Management and the Risk Management Committee

What we're looking for

  • Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, Business Analytics, Information Systems, or related discipline; Master's degree is an advantage
  • At least 3 to 7 years of relevant experience in model risk management, quantitative risk oversight, enterprise risk, capital analytics, or related functions within a regulated financial institution
  • Knowledge of frameworks including model lifecycle governance, materiality and tiering concepts, ICAAP and stress testing linkages, and independent validation techniques
  • Strong analytical skills with attention to detail, professional skepticism, and ability to translate technical findings into governance-ready insights
  • Effectiveness in control within a second-line control environment, ensuring sound risk oversight and governance alignment

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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