Job Description
Group Company: Union Bank of the Philippines
Designation: Model Validation Officer (UBP_J002957)
Office Location: UB Plaza
Position description: The Model Validator's primary responsibility is to assess, validate, and ensure the accuracy and compliance of mathematical and statistical models used across the organization. It plays a key role in maintaining the bank's risk management and decision-making processes by reviewing and assessing the reliability of these models.
Key Responsibilities
- To align with the team's work plan and ensure that the validation of models is performed according to the rules set forth by the bank and the BSP.
- To conduct validation of bank models (ensuring that models are managed effectively so that they remain accurate).
- Prepare detailed validation reports summarizing findings, documenting validation procedures, and providing recommendations for model improvements.
- To ensure satisfactory and timely validation of models assigned to him/her.
- To align with team timelines and to ensure timely and satisfactory output.
Educational Qualifications Preferred
- Degree: Bachelor's degree in a quantitative field (mathematics, statistics, finance, economics, computer science, etc.)
Required Certification/s
Required Training/s:
Required Work Experience
Key Performance Indicators
Required Competencies:
- Strong analytical, statistical, and technical skills.
- Proficiency in programming languages (e.g., Python, R, SQL).
- Knowledge of machine learning, statistics, and modeling techniques.
- Familiarity with regulatory requirements and industry standards is preferred.
- Effective communication and collaboration skills.
Required Skills
- Strong analytical, statistical, and technical skills.
- Accountability
- Adaptability
- Analytical
- Good Communication Skills
- Critical thinking
- Teamwork
- Willingness to learn
