Data Governance Specialist

1 week ago


Mandaluyong City, National Capital Region, Philippines Asian Development Bank (ADB) Full time
About the Role

The Asian Development Bank (ADB) is seeking a highly skilled Model Risk Management Specialist to join its Office of Risk Management. This key role will be responsible for implementing best practices for model risk governance across the organization.

Key Responsibilities
  • Implement the Model Governance Framework (MGF) and maintain the model governance structure.
  • Support the implementation of MGF to all departments and offices, particularly in private sector operations.
  • Review results of models' performance monitoring and validation, including implementation of remedial actions, provides recommendations to model owners and Model Risk Committee (MRC).
  • Escalate model review and validation findings to the Model Risk Committee.
  • Manage ADB's model inventory, establishing requirements specific to the model inventory and supporting semi-annual attestations across ADB.
Requirements
  • A University degree in Computer Science, Mathematics, Engineering, Finance, Economics, Statistics, or related fields; preferably at post-graduate level or its equivalent.
  • At least 6 years of relevant international experience in a similar setting, e.g., international financial institution, international bank, or other similar institution.
  • 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 etc.


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