Risk Management Expert
3 days ago
The Asian Development Bank (ADB) is seeking a skilled Model Risk Management Specialist to join its prestigious team. This exciting opportunity offers a unique chance to support the Principal Model Risk Management Specialist in the implementation of the Model Governance Framework (MGF) across all departments and offices.
Key Responsibilities:
- Develop and implement best practices for model risk governance.
- IDentify, assess, and manage ADB's model risk inventory.
- Collaborate with stakeholders to develop policies, processes, and methodologies for model review and validation.
- Conduct independent model validation and reporting.
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, capital (economic capital, regulatory capital) and stress testing models, pricing, and valuation models etc.
- Good knowledge of statistical analysis techniques, pertaining to risk modeling, particularly in wholesale credit risk, market risk and operational risk modeling.
- Excellent oral and written communication skills in English.
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