Welcome page Returning Candidate? Log In Here Senior Manager Model Risk Management Manager Location US-CA-Pasadena Job ID 2025-11711 Category Audit/Risk Management Position Type Full-Time Introduction

Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

Overview

We are currently seeking a Senior Manager Model Risk Management reporting to the Head of Model Risk Management to supplement our growing model risk function to oversee model risk governance and model validations. This role will require working and communicating with individuals throughout the institution regarding risk analysis, project management, collaborating with business units in developing risk management and governance frameworks related to model risk. Model Risk Management is a second line of defense function residing within the Enterprise Risk Management department. This role will also regularly act as a consultative resource to the first and second line of defense, put together risk presentation or informational reports for business unit leaders, executive management and the Board of Directors, and interpret and create entity-wide policies related to risk management and risk governance.

As an East West Bank employee, you will be part of a stable but growing organization that provides career path development opportunities within the department or across the Bank.

Responsibilities Help oversee the Model Risk Management function and administrationPerform quantitative and statistical analysis relating to modelsPerform validation on the Bank’s quantitative/qualitative models such as fraud risk models, ALM models, BSA models, behavior models, or CECL models, as needed in accordance with industry and SR11-7 standards and the Bank’s model risk management policy requirementsDevelop benchmark models using statistical techniques (e.g., Logistics regression, stochastic process, ARIMA, ARCH/GARCH, etc.) where neededCollaborate with quantitative risk analysts, model managers, model development groups, and third-party consulting groupsManage model risk governance, policies, procedures, standards, templates, and department Risk Control Self-Assessments (RCSA)Perform model vs. non-model analysis and model inherent risk rating assessmentConduct model risk training and serve as a consultative resource Participate as an integral team member or project manager on new risk-related initiatives of the BankCreate entity-wide and department specific policies and procedures as new risk regulations are promulgated or as the business environment changesWrite memoranda to ensure the Bank complies with new regulations or justification for the acceptance of riskCompile and monitor key risk indicators, assessing the need for new indicators depending on the change in the entity’s business or processesPrepare presentations for various executive management or Board of Directors’ risk committees Prepare ad-hoc risk management reports as assigned Perform comprehensive and well thought-out quantitative analyses and justify the results and ERM’s conclusion in a logical manner Keep up to date with the industry’s best practice and new regulations Perform other duties and special projects as assigned Qualifications More than 10 years of work experience in model risk management, model validation, or model risk management consulting A strong understanding of finance/ accounting/business operations, either through educational degree or work experience Proficient in MS Office Software Suite (Word, Excel, Visio, PPT), modeling methodologies, and data analysis and modeling programming languages (e.g., Python, R, SQL, etc.)Ability to project manage and hold self and responsible parties accountable to assigned deadlines Ability to make sound risk/reward decisions and propose practical solutionsAbility to consciously balance data, logic, and intuition in all activities Ability to think broadly, generate simple and creative ideas, and to translate strategy to execution Must have excellent written, verbal, organizational and presentation skills Proven proactive approach to problem solving and workflow analysis Collaborative team player and demonstrated ability to be flexible and easily shift among various tasks and projects Excellent communication skills Strong organizational skills, with the ability to effectively manage multiple deliverables and be able to identify and implement process improvementsSelf- motivated and able to work effectively both independently and as a teamKnowledge of liquidity, market, and capital risks is a plus. Compensation The base pay range for this position is USD $130,000.00/Yr. - USD $180,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location. Options Apply for this job onlineApplyShareEmail this job to a friendRefer <p style="margin: 0px;"><span style="color: #54585a;">Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.</span></p> Share on your newsfeed

East West Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status. Reasonable accommodations for disability are provided to applicants and employees in accordance with applicable law. Application FAQs

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