Risk Management Professional
2 days ago
Job Description
The Asian Development Bank (ADB) is looking for a highly skilled Risk Management Professional to join our Office of Risk Management. As a key member of our team, you will be responsible for managing ADB's model risk inventory and developing policies, processes, and methodologies for model review and validation.
Your primary objective will be to carry out independent model validation and report on model performance to senior management and the Board. You will also be responsible for:
- Maintaining and operating the model risk governance framework.
- Supporting the implementation of the model governance framework across all departments and offices.
- Reviewing functionalities of all models to avoid unintentional model duplication.
- Resolving inquiries from model stakeholders and owners on model inventory, model review, and validation processes.
To succeed in this role, you will need:
- A University degree in Computer Science, Mathematics, Engineering, Finance, Economics, Statistics, or related fields.
- At least 6 years of relevant international experience in a similar setting.
- Strong model development and validation experience.
- Working knowledge of financial theory; risk-related models (credit, market, operational, and liquidity etc.), capital (economic capital, regulatory capital), and stress testing models.
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