Model Risk Management Professional

2 weeks ago


Mandaluyong City, National Capital Region, Philippines Asian Development Bank Full time
Key Responsibilities
  • Maintain and operate the model risk governance framework (MGF)
  • Support the implementation of the MGF to all departments and offices, especially to private sector operations
  • Periodically review results of models' performance monitoring and validation, including implementation of remedial actions and 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

You will also review functionalities of all models to avoid unintentional model duplication in the organization, resolve inquiries from model stakeholders and owners on model inventory, model review, and validation processes, and report operational risk incidents and near misses pertaining to models in line with operational risk reporting requirements.

Additionally, you will review proposed policies, processes, and guidelines to ensure their compliance with ADB requirements and best practices and maintain knowledge of emerging best practices and standards in model governance, model review, and validation.



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