Model Risk Governance Specialist

1 day ago


Manila, National Capital Region, Philippines Asian Development Bank Full time

Company Overview

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The Asian Development Bank (ADB) is a leading international development finance institution that aims to alleviate poverty and promote sustainable development in the Asia-Pacific region. With 69 members from across the globe, ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific.

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Job Description

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  • As a Model Risk Management Specialist, you will support the Principal Model Risk Management Specialist in implementing best practices for model risk governance within ADB.">
  • You will be responsible for identifying and managing ADB's model risk inventory, developing policies, processes, and methodologies for model review and validation, and carrying out independent model validation.">
  • You will also report, as necessary, to senior management and the Board on model-related matters.">
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Required Skills and Qualifications

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  • 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, pricing, and valuation models.">
  • Good knowledge of statistical analysis techniques, particularly in wholesale credit risk, market risk, and operational risk modeling.">
  • Ability to convey complex concepts and outcomes to non-subject matter experts.">
  • Excellent oral and written communication skills in English.">
  • International experience working in several countries.">
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About Us

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ADB only hires nationals of its 69 members. We are an equal opportunities employer and encourage all qualified candidates to apply regardless of their racial, ethnic, religious, and cultural background, gender, sexual orientation, or disabilities.



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