Model Risk Management Specialist
Oversee model risk management processes to support sustainable development
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Overview
Oversee model risk management processes to support sustainable development
You have:
- Experience in model risk management and governance practices.
- Strong analytical skills and knowledge in financial modeling.
- Ability to develop and implement policies and guidelines.
- Proven experience in supervising junior staff.
- Excellent communication and reporting skills.
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a lasting impact on the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.
Organizational Setting and Reporting Relationship
The position of Model Risk Management Specialist is assigned to the Model Risk Management (MRM) team within the Office of the Head, Office of Risk Management (ORM). You will be based at our Headquarters in Manila, Philippines.
You will report to the Head, ORM and will oversee Junior team members.
Your Role
As a Model Risk Management Specialist, you will support the Principal Model Risk Management Specialist in the roll-out of the Model Governance Framework (MGF) to all departments and offices of ADB. You will (i) implement best practices for model risk governance in ADB; (ii) identify and manage ADB's model risk inventory; (iii) develop policies, processes, and methodologies for model review and validation; (iv) carry out independent model validation and (v) report, as necessary, to senior management and the Board.
You will:
a. Model Risk Governance
b. Knowledge Sharing
c. Staff Supervision
Qualifications
You will need:
Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.
ADB only hires nationals of its 69 members.
To view ADB Organizational Chart, please click here.
ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.
Visit ADB Careers FAQ for more information.
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Potential interview questions
| Describe a situation where you had to implement a model governance framework effectively. | This question assesses your experience in implementing governance frameworks in model risk management. | Provide a specific example, discussing the challenges faced and how you ensured compliance. |
| How do you prioritize tasks when managing multiple model validations? | The interviewer seeks to understand your organizational skills and ability to manage time effectively. | Pro members can see the explanation. |
| Can you provide an example where your analytical skills directly impacted decision-making? | Pro members can see the explanation. | Pro members can see the explanation. |
| What strategies would you employ to promote knowledge sharing within a team? | Pro members can see the explanation. | Pro members can see the explanation. |
| Describe a challenge you encountered in supervising junior staff and how you handled it. | Pro members can see the explanation. | Pro members can see the explanation. |
Added 1 year ago
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Updated 1 year ago
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Source:
adb.org
