Credit Risk Specialist

Cityatate Savings Bank; Pasig; On-site; PHP 420,000 - 700,000; Full time

Job summary

Cityatate Savings Bank is seeking a junior risk analyst to assist in developing and implementing risk management policies and strategies. You will conduct regular risk assessments, monitor exposures across units, and prepare reports for senior management and the risk oversight committee.

You will support the chief risk officer with risk mitigation evaluations, maintain the ECL model, and generate loan portfolio and credit-related reports, ensuring compliance with banking regulations.

Qualifications

• Bachelor's degree in finance, economics, business administration, or related field.
• 1-2 years of risk management experience in banking/financial services.
• Proficient in risk assessments and regulatory requirements for banking.
• Strong analytical skills and ability to prepare risk reports.
• Experience with data analysis tools and clear written/verbal communication.
• Willingness to relocate or reliably commute to the work site.

Responsibilities

• Assist in development and implementation of risk policies, procedures, strategies.
• Conduct regular risk assessments to identify risks and vulnerabilities.
• Monitor and analyze risk exposures across business units.
• Prepare risk reports/presentations for senior management and the risk committee.
• Support CRO in evaluating and applying risk mitigation strategies.
• Maintenance of ECL model/report generation.
• Produce loan provisioning and credit risk reports and monitor BSP AREF.

Skills

Risk management

Risk assessment

Data analysis

Regulatory knowledge

Reporting

Communication

Time management

Relocation ready

Education

Bachelor's degree in finance or related

Tools

Excel

Statistical software

Job description

About the role

Assist in the development and implementation of risk management policies, procedures, and strategies. Conduct regular risk assessments to identify potential risks and vulnerabilities within the organization. Monitor and analyze risk exposures across various business units and departments. Prepare risk reports and presentations for senior management and the risk oversight committee/board of directors. Support the chief risk officer in the evaluation and implementation of risk mitigation strategies.

Key responsibilities

• Assist in the development and implementation of risk management policies, procedures, and strategies

• Conduct regular risk assessments to identify potential risks and vulnerabilities within the organization

• Monitor and analyze risk exposures across various business units and departments

• Prepare risk reports and presentations for senior management and the risk oversight committee/board of directors

• Support the chief risk officer in the evaluation and implementation of risk mitigation strategies

• Maintenance of ECL model/report generation

• Loan portfolio quality and loan provisioning reports, credit review reports, loan portfolio quality reports, credit scoring models, stress testing, BSP AREF monitoring

About you

• Bachelor's degree in finance, economics, business administration, or related field

• 1-2 years of relevant work experience in risk management, preferably in a banking or financial services environment

• Proficiency in conducting risk assessments

• Strong understanding of regulatory requirements related to risk management in the banking or financial services sector

• Strong analytical skills with the ability to identify and assess potential risks

• Ability to prepare clear and concise risk reports and presentations

• Proficiency in using statistical and data analysis tools to process and analyze risk-related data

• Excellent written and verbal communication skills

• Proactive and self-motivated with the ability to prioritize tasks and meet deadlines

• Reliably commute or planning to relocate before starting work