Audit Officer - Model Validator at EastWest Bank

Manila, National Capital District, Philippines -

Full Time

Start Date

Immediate

Expiry Date

26 Sep, 26

Salary

0.0

Posted On

28 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Model Validation, Risk Modeling, Internal Auditing, Quantitative Analysis, Analytical Skills, Trading Management, Liquidity Management, Expected Credit Losses, Risk Assessment, Fraud Investigation

Industry

Banking

Description

About the Job Location: Makati City Corporate Title: Junior Officer - Manager Work Arrangement: Hybrid Our Internal Audit Team is looking for experienced professionals to join us in our Makati City site in the role of Audit Officer - Model Validator. Your dream. Our focus. East West Banking Corporation (EastWest) is one of the largest universal banks in the Philippines, and is committed to continuously invest in people and in process, product, and service enhancements, and embrace new ideas to enhance the EastWest experience. We empower our employees to drive their careers and are committed to provide the runway for them to grow. We value teamwork and individual initiative. Join us and be part of a highly engaged team, and a workplace that promotes development and goal attainment. Whether you're just starting out, or already a seasoned professional, EastWest can help you unleash your potential, and bridge the gap between dream to success. What the role will entail: Conduct and supervise the conduct of regular/focus/spot audits of units indicated in the department's annual audit work plan and conduct special/fraud investigations as assigned by the Section/Department Head. Perform independent validation and periodic reviews of risk models to ensure that these remain relevant for the Bank's use. Ensure that the different audit reviews/processes of the audit team are following sound internal auditing standards such as the Institute of Internal Auditors International Standards for the Professional Practice of Internal Auditing and other supplemental standards issued by the regulatory authorities/government agencies, as well as the relevant code of ethics. Conduct and document the preliminary risk assessment of the Model Validation (MV)/Audit in the Pre-Planning Memo What we're looking for: Graduate of Bachelor of Science in Mathematics (BS Math) or Bachelor of Science in Statistics (BS Statistics) or Bachelor of Science in Applied Statistics (BS Applied Statistics) or Bachelor of Science in Applied Economics. At least 5 years of work experience in Model Validation/Development Knowledge of various risk modeling techniques related to trading and liquidity management and Expected Credit Losses Possess strong quantitative and analytical skills What you can expect from joining our team: Career development and training opportunities. Competitive salary package and benefits. Performance-based incentives and recognition programs to reward high-performing individuals. Opportunity to work with industry experts and be mentored by them. Defined career progression paths to guide you in your professional growth.

Responsibilities

Conduct and supervise regular and special audits while performing independent validation of risk models to ensure relevance. Ensure all audit processes adhere to international internal auditing standards and regulatory requirements.