BUSINESS RISK MANAGER, INFORMATION TECHNOLOGY GROUP

Metrobank; Taguig; On-site; PHP 1,000,000 - 1,800,000; Full time

Job summary

A leading financial institution in Metro Manila is looking for a Business Risk Manager to oversee the risk management processes within the Information Technology Group. This role involves leading risk assessments, implementing risk frameworks, and ensuring compliance with internal policies. The ideal candidate should have experience in risk management in a financial context and possess strong analytical skills. Join our team to play a key role in improving operational risk management strategies.

Qualifications

• Experience in risk management within the financial sector is preferred.
• Strong analytical and problem-solving skills.

Responsibilities

• Lead risk management activities within the business line.
• Conduct detailed risk assessments and analyze process gaps.
• Review and ensure implementation of risk management strategies.
• Identify the unit’s risk management training needs and ensure appropriate education is provided
• Assist the business unit in developing risk responses, establishing risk mitigating actions and solutions and defining timetables and accountabilities. Ensure that the risk mitigation strategies and processes as approved by the board and senior management are executed.
• Determine the unit’s risk exposures, emerging risks and risks that would have an impact to other business units and communicate to Senior Management
• Regularly review identified key risks, internal controls and operational risk mitigation strategies and processes within the business unit to effectively manage operational risks within approved risk tolerance, and consistent with enterprise-wide policies and procedures established.
• Provide regular risk updates by preparing risk management reports for reporting to various bank level and board level committees articulating significant risk exposures that need immediate attention.
• Intervene and elevate instances when risk management efforts are hampered such as individuals attempting to stifle risk management activities

Job description

BUSINESS RISK MANAGER, INFORMATION TECHNOLOGY GROUP

Job Summary

Lead and guide the business line management and personnel in its risk management responsibilities on a day to day basis, specifically identifying, managing and reporting operational risks inherent in the products, activities, processes and systems for which they are accountable.

Specific Duties & Responsibilities

• Direct the implementation of the risk management framework ; communicate its benefits and business value by promoting and spearheading the use of the various risk management tools
• Conduct quality risk assessments and perform deep dive analysis to identify process and control gaps including root causes of risks
• Ensure the business line specific policies, processes, and procedures are adequate and effectively implemented.
• Identify the unit’s risk management training needs and ensure appropriate education is provided
• Assist the business unit in developing risk responses, establishing risk mitigating actions and solutions and defining timetables and accountabilities. Ensure that the risk mitigation strategies and processes as approved by the board and senior management are executed.
• Determine the unit’s risk exposures, emerging risks and risks that would have an impact to other business units and communicate to Senior Management
• Regularly review identified key risks , internal controls and operational risk mitigation strategies and processes within the business unit to effectively manage operational risks within approved risk tolerance , and consistent with enterprise – wide policies and procedures established.
• Provide regular risk updates by preparing risk management reports for reporting to various bank level and board level committees articulating significant risk exposures that need immediate attention.
• Intervene and elevate instances when risk management efforts are hampered such as individuals attempting to stifle risk management activities