Apply on
Original
Simplified
About The Role
As a Model Developer, you are responsible for aspects of the development lifecycle of quantitative models in market, corporate/commercial, retail, credit, and Expected Credit Loss (ECL). Ensure all processes and procedures conform to both enterprise and regulatory requirements on model governance.
How You'll Contribute
Security Bank is one of the Philippines’ best capitalized private domestic universal banks.
Established in 1951 and publicly listed with the Philippine Stock Exchange (PSE:SECB) in 1995, our major businesses cover retail, corporate, commercial, and business (MSME) banking.
We’re recognized as an Employer of Choice in Philippine banking by various award giving bodies for our values-based culture, industry-leading engagement and benefits, and commitment to work-life balance.
Most recently, we ranked as the #2 best employer in the Philippines and #54 globally on the prestigious Forbes’ World’s Best Employers 2023 list.
At Security Bank, our approach to Human Capital Management (HCM) is embodied by our Employee Value Proposition (EVP): “YOU matter.”
Start your BetterBanking career with us today.
As a Model Developer, you are responsible for aspects of the development lifecycle of quantitative models in market, corporate/commercial, retail, credit, and Expected Credit Loss (ECL). Ensure all processes and procedures conform to both enterprise and regulatory requirements on model governance.
How You'll Contribute
- Conduct specific aspects of the model development cycle which includes data acquisition, assessing data integrity, model development, documentation, and implementation assistance for quantitative models of Credit, Market, and Liquidity risks
- Use techniques from quantitative risk management, financial mathematics, and econometrics to develop and change existing risk models as model performance triggers are received, including but not limited to ECL models
- Ensure compliance with ongoing internal and regulatory initiatives
- Bring innovation to the Group in the development, refinement and implementation of risk models
- Assist with user understanding and acceptance of models and associated analytics, including written and verbal presentations to model owners, model users, stakeholders, and oversight groups
- Collaborate with Risk Management teams: Wholesale Credit Risk, Retail Credit Risk, ALM/Market Risk, Model Risk Management, and Data Management to deliver project requirements
- Bachelor's or College degree holder
- At least 4-5 years of relevant experience with econometric, statistical or risk modeling
- Has the understanding of the following: a. Credit, Market, and Liquidity risk modeling; b. Risk management discipline, principles, and regulatory requirements; c. Expected Credit Loss/PFRS9 standards
- Sound knowledge of statistical modeling concepts and industry best practices
- Excellent quantitative and analytic skill
- Has the ability to derive patterns, trends, and insights
- Good programming skills in SAS/Python/R
- Strong ability to communicate complex technical results to non-quantitative audience
Security Bank is one of the Philippines’ best capitalized private domestic universal banks.
Established in 1951 and publicly listed with the Philippine Stock Exchange (PSE:SECB) in 1995, our major businesses cover retail, corporate, commercial, and business (MSME) banking.
We’re recognized as an Employer of Choice in Philippine banking by various award giving bodies for our values-based culture, industry-leading engagement and benefits, and commitment to work-life balance.
Most recently, we ranked as the #2 best employer in the Philippines and #54 globally on the prestigious Forbes’ World’s Best Employers 2023 list.
At Security Bank, our approach to Human Capital Management (HCM) is embodied by our Employee Value Proposition (EVP): “YOU matter.”
Start your BetterBanking career with us today.
Similar Jobs
