Credit Risk Department Head | Cebuana Lhuillier Bank

pj lhuillier group of companies; Philippines; On-site; PHP 900,000 - 1,800,000; Full time

Job summary

PJ Lhuillier Group of Companies is seeking a Credit Risk Manager to oversee credit risk programs for individuals and business clients. The role ensures balanced credit decisions to minimize losses from borrower defaults while aligning with regulatory requirements.

You will lead underwriting, monitor portfolios, and provide insights to management. Candidates should have at least five years in credit risk, a finance/economics/business background, and preferably a master’s or risk-certifications.

Qualifications

• Graduate in finance, accounting, economics, or business administration.
• Master’s degree in risk management or MBA preferred.
• At least five years of work experience in credit risk management.

Responsibilities

• Develops credit risk programs outlining the criteria for credit approval, terms and limits.
• Implements credit policies aligning with risk threshold and regulatory requirements.
• Oversees underwriting with proper due diligence before approving credit applications.
• Determines the level of risk associated with extending credit to borrowers.
• Monitors the credit portfolio to identify early signs of imbalance and mitigates losses.

Skills

Credit risk management

Risk assessment

Regulatory compliance

Leadership

Due diligence

Education

Bachelor's in finance or related field

Master's degree in risk management or MBA

Certification in finance or risk management

Job description

The position primarily is responsible for overseeing and managing the credit risks associated with extending credit to individuals or business clients of the bank. The position shall ensure a balanced approach to all credit decisions to avoid potential financial loss resulting from borrower default.

Duties and Responsibilities:

• Develops credit risk programs that outline the criteria for credit approval, terms and conditions, and credit limits.
• Implements credit policies and procedures that align with the bank's risk threshold and regulatory requirements.
• Oversees the credit underwriting process to ensure that proper due diligence is conducted before approving any credit applications.
• Determines the level of risk associated with extending credit to borrowers.
• Monitors the credit portfolio to identify early signs of credit imbalance. Analyzes the performance of existing loans and takes appropriate actions to mitigate the risks.

B. Reporting and Compliance

• Ensures bank compliance with relevant laws and regulations related to credit risk management and other local regulatory guidelines.
• Provide insights to the overall credit risk profile and performance of the credit portfolio.
• Collaborates with the bank business units and credit operations team to manage and reduce delinquency rates as well as minimize losses due to payment default.
• Reviews reports on credit risk metrics and presents them to Management and Board of Directors.
• Recommends plans, programs, budget, and performance targets of the department.
• Plans, directs, and coordinates all activities in the department to reach maximum level of employee productivity throughout the workforce.
• Provides upfront leadership in supervising all direct and indirect reports and planning for their career advancement and aspirations.
• Supervises and evaluates the performance of all direct report/s.
• Approves/schedules all vacation leaves of all direct report/s.

D. Others

• Keeps management aware of the types of actions that require legal consideration.
• Participates actively during meetings, trainings, and other professional development programs.
• Makes recommendations on matters pertinent to business operations and other related activities.
• Performs other related duties as may be assigned.

Working Conditions

• Field – 5% (reports to Cavite office as needed)
• Office – 95% (Makati office)

Education:

• Graduate of finance, accounting, economics, business administration, or any related field.
• Preferably with master’s degree in risk management or business administration, or certification in finance or risk management
• Experience(s): At least five (5) years of work experience in credit risk management