Credit Risk Officer

Toyota Financial Services Philippines Corporation; Makati; On-site; PHP 900,000 - 2,000,000; Full time

Job summary

Toyota Financial Services Philippines Corporation is seeking a Credit Risk Officer to support the Risk Manager in implementing and improving the Credit Risk Management framework. The role provides independent review across credit processes, portfolio quality, risk models, provisioning practices, and related controls, ensuring alignment with internal policies and regulatory requirements.

You will develop, test, and monitor credit risk models, dashboards, and governance documentation, coordinating

Qualifications

• Bachelor’s degree in business-related field (Accountancy, Banking & Finance, Economics, or Mathematics).
• Experience in credit review, audit, banking, or financial risk within financial services.
• Strong understanding of credit risk management and portfolio risk analysis.
• Analytical and data integrity focus.
• Effective written and verbal communication.
• Teamwork, initiative, sound judgment.
• Awareness of regulatory developments.
• Proficiency in MS Office.
• Knowledge of SAS, Bloomberg or Reuters is a plus.
• Certifications such as CPA, CFA, FRM, CMA, or CTP are advantageous.

Responsibilities

• Prepare annual Credit Risk Review plan and report with scope, methodologies, key findings, and management action items.
• Perform independent reviews of credit underwriting and approval, credit administration and documentation, loan monitoring systems, and related controls.
• Conduct portfolio reviews based on risk rating, delinquency, concentration, and size to assess asset quality and documentation sufficiency.
• Identify emerging credit risks and delinquency trends and elevate material issues for management action.
• Support the evaluation of loan loss provisioning and allowance adequacy in line with regulatory and accounting standards.
• Perform and document stress testing and back-testing related to portfolio performance and provisioning sensitivity.
• Assist in developing and monitoring credit risk models, including scorecards and portfolio risk metrics.
• Support model validation by reviewing inputs, assumptions, and outputs for accuracy.
• Maintain credit risk methodologies and model use in line with internal policies and Bangko Sentral ng Pilipinas expectations.
• Develop risk analytics, dashboards, and management reports covering key exposures and trends.

Skills

Analytical & problem-solving

Written & verbal communication

Teamwork & initiative

Regulatory awareness

Education

Bachelor’s degree in business-related field

CPA/CFA/FRM/CMA/CTP (advantageous)

Tools

SAS

Bloomberg

Reuters

Microsoft Office

Job description

About the role

The Credit Risk Officer supports the Risk Manager in implementing and continuously improving the Company’s Credit Risk Management framework. The role provides independent review and challenge across credit processes, portfolio quality, risk models, provisioning practices, and related controls, while ensuring alignment with internal policies, Toyota Financial Services group standards, and applicable Philippine regulatory requirements.

Key responsibilities

• Prepare the annual Credit Risk Review plan and report, including scope, methodologies, key findings, and management action items.

• Perform independent reviews of credit underwriting and approval, credit administration and documentation, loan monitoring systems, and related controls.

• Conduct portfolio reviews based on risk rating, delinquency, concentration, and size to assess asset quality, policy compliance, and documentation sufficiency.

• Identify emerging credit risks and delinquency trends and elevate material issues for management action.

• Support the evaluation of loan loss provisioning and allowance adequacy in line with regulatory and accounting standards.

• Perform and document stress testing and back-testing related to portfolio performance and provisioning sensitivity.

• Assist in developing, implementing, testing, and monitoring credit risk models, including application scorecards, behavioural scorecards, and portfolio risk metrics.

• Support model validation by reviewing model inputs, assumptions, outputs, and documentation for accuracy and conceptual soundness.

• Maintain credit risk methodologies and model use in accordance with internal policies and Bangko Sentral ng Pilipinas expectations.

• Develop and maintain risk analytics, dashboards, and management reports covering key risk exposures, trends, concentrations, and emerging risk indicators.

• Assist in determining impairment and provisioning techniques, including Expected Credit Loss and impairment testing for financial instruments.

• Analyse key assumptions, overlays, and forward-looking factors affecting credit loss estimates.

• Provide technical input on credit-related risk impacts arising from changes in the macroeconomic or business environment.

• Draft, update, and maintain Risk Management policies, manuals, and procedures in line with regulatory and internal governance standards.

• Coordinate with internal stakeholders on data gathering, issue resolution, and credit risk inquiries.

• Complete Risk Management reporting, documentation, training, Kaizen, and continuous improvement activities.

What we're looking for

• Bachelor’s degree in a business-related course, preferably Accountancy, Banking and Finance, Economics, or Mathematics.

• Relevant experience in credit review, audit, banking, or financial risk functions within a financial services institution.

• Strong understanding of credit risk management principles and portfolio risk analysis.

• Analytical and problem-solving skills, with strong attention to data integrity and documentation quality.

• Effective written and verbal communication skills for coordination and reporting.

• Teamwork, initiative, sound professional judgment, and business insight.

• Awareness of regulatory and industry developments.

• Proficiency in Microsoft Office applications.

• Working knowledge of analytics tools such as SAS and market data platforms such as Bloomberg or Reuters is an advantage.

• Professional certifications such as CPA, CFA, FRM, CMA, or CTP are advantageous but not mandatory.