Credit Risk Head

City Savings Bank, Inc.; Pasig; On-site; PHP 1,800,000 - 3,200,000; Full time

Job summary

City Savings Bank, Inc. seeks an experienced Head of Credit Risk Management to develop and implement policies, procedures and strategies for the bank's risk framework.

You will oversee risk measurement models, credit scoring, ECL and stress testing, ensuring alignment with regulatory requirements and internal risk appetite. You will lead a team, drive portfolio quality, perform credit reviews and provide senior management with actionable insights to minimize default risk while maintaining growth

Qualifications

• Degree in mathematics, statistics, finance or related field.
• At least 7 years of experience in credit risk management.
• Experience with statistical tools such as R and Python.

Responsibilities

• Formulates and recommends policies to manage aggregate credit risk exposure.
• Develops tools to measure portfolio credit risk exposures like credit scoring.
• Monitors and recommends adjustments to credit risk models used for business decisions.
• Assesses and monitors credit risk weighted exposure used in capital management.
• Ensures accurate estimation and monitoring of expected credit losses for provisioning.
• Provides recommendations to management and board committees on high-risk exposures.
• Performs unbiased assessment of credit portfolio quality and loan losses.
• Manages day to day activities of credit risk personnel, including training.

Skills

Quantitative risk analysis

Risk modelling

Credit evaluation

Credit risk management

Leadership

Education

Bachelor's degree in Mathematics/Statistics/Finance/Business Management or related field

Tools

R

Python

Knyme

Job description

he Credit Risk Management Department Head is responsible to develop and implement policies, procedures and strategies of the Credit Risk Management function in line with organizational objectives, regulatory requirements and industry best practices in order to minimize the risk of default and ensure a high-quality loan portfolio. The role involves the development and monitoring of risk measurement models (ex. corporate and consumer credit scorecards, ECL, stress testing), monitoring and analysis of credit exposure against established risk appetite and limits, and credit reviews to provide assessments on asset quality.

Job Description:

• Formulates and recommends policies to manage the aggregate credit risk exposure arising from the Bank's asset portfolio including commercial loans, consumer loans, credit cards, and treasury products among others.
• Develops and generates tools to measure and monitor portfolio credit risk exposures such as portfolio credit limits, credit scoring, and analyses of probabilities of default.
• Monitors and recommends adjustments to credit risk models used for business decisions.
• Assesses and monitors levels of credit risk weighted exposure used in capital management.
• Ensures accurate and timely estimation and monitoring of expected credit losses for provisioning.
• Provides recommendations to management and board committees to address any high-risk credit exposures identified from measured credit risk metrics.
• Performs an unbiased assessment of the quality of individual credits and the aggregate credit portfolio, including appropriateness of credit risk rating, classification and adequacy of allowance for loan losses.
• Manages day to day activities of credit risk personnel, including training, and mentoring.
• Ensures compliance with all relevant regulations, standards and guidelines related to credit risk management.

Qualifications:

• Graduate of either Mathematics, Statistics, Finance, Business Management or other similar courses
• At least 7 years of experience in credit risk management (including quantitative risk analysis, risk modelling, and credit evaluation)
• Experience using statistical software like Knyme, R and Python programming is a plus