Log In
Sign Up
Job Description
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
What we’re looking for
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
About Security Bank
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.
Salary
About Us
About Security Bank
We are the Philippines’ largest independent bank, having won countless awards over the years, including one of Euromoney’s most prestigious industry awards in 2021—Best Bank in the Philippines.
We’re changing how people bank. From the moment customers enter our branches to their experience online, we make them to feel valued and empowered.
Now, with more than 300 branches spanning the country, BetterBanking has become the gold standard in improving the banking lives of millions of Filipinos. But we’re far from done.
In our constant pursuit of excellence and improvement, we create teams that support our business and each other.
About Security Bank
We are the Philippines’ largest independent bank, having won countless awards over the years, including one of Euromoney’s most prestigious industry awards in 2021—Best Bank in the Philippines.
We’re changing how people bank. From the moment customers enter our branches to their experience online, we make them to feel valued and empowered.
Now, with more than 300 branches spanning the country, BetterBanking has become the gold standard in improving the banking lives of millions of Filipinos. But we’re far from done.
In our constant pursuit of excellence and improvement, we create teams that support our business and each other.
