1. Conducts research, develops appropriate validation frameworks, and accomplishes validation of bank models
2. Ensures periodic and timely testing of all models including credit-related and market risk models, in accordance with internal and BSP policies.
3. Aids in the improvement and/or management of bank's models by:
a. Regularly evaluating accuracy and
b. Evaluating processes to ensure proper model use
4. Analyzes lapses and failings, if any, in the various models or processes with the objective of providing the Bank with effective feedback on these areas so for possible improvements and enhancements.
5. Compiles and safe keeps model validation reports, and relevant schedules, for external and internal audit purposes.
6. Prepares reports as required by management and external reportorial requirements, as needed
7. Other duties and responsibilities that may be assigned from time to time
- Undergraduate degree holder in Mathematics, Statistics, Business Administration, Economics, or other related fields
- Excellent modeling, analytical and quantitative skills
- Knowledge of various coding applications such as R and Python, among others
- Familiarity with the general bank products and processes and relevant BSP guidelines
- Satisfactory oral and written communication skills
- Above-average MS Excel / Word / Powerpoint proficiency lev
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