Enterprise Fraud Risk Governance Lead

Bank of the Philippine Islands (BPI); Makati; On-site; PHP 1,200,000 - 2,000,000; Full time

Job summary

Bank of the Philippine Islands (BPI) is seeking a Governance Officer to establish, maintain, and enhance the Enterprise Fraud Risk Management Framework. You will drive fraud governance, oversee risk metrics and regulatory compliance, and provide independent challenge to business units to protect customers and stakeholders.

The role leads risk assessment programs, reports to senior management and boards, and champions continuous improvement through training and fraud-awareness initiatives.

Qualifications

• Must have a bachelor's degree.
• Experience in Fraud Risk Management, Operational Risk, Compliance, Internal Audit, Financial Crime, or related risk management functions (8–12 years).
• 3–5 years of leadership experience.
• Knowledge of EFRM frameworks, methodologies, and governance principles.
• Knowledge of fraud risk assessment techniques, risk identification, control evaluation and residual risk analysis.
• Knowledge of Banking regulations including BSP, AMLA, AFASA, Data Privacy, and card scheme regulations (Visa, Mastercard, PCI-DSS).
• Familiarity with ACFE, COSO, ISO 31000 and Three Lines Model.

Responsibilities

• Lead and maintain the Enterprise Fraud Risk Management (EFRM) Framework, including policies, standards, governance structures, and fraud risk taxonomy.
• Own the Enterprise Fraud Risk Assessment Program, ensuring fraud risks are identified, assessed, monitored, and prioritized across products, channels, processes, and third parties.
• Establish and monitor fraud risk metrics, including KRIs, KPIs, dashboards, and risk appetite thresholds.
• Provide governance oversight and independent challenge to ensure controls are properly designed and operating effectively.
• Ensure compliance with regulatory requirements and coordinate responses to audits and regulatory reviews.
• Lead fraud governance reporting and committee management, including executive and Board-level reports on fraud risks and remediation.
• Drive fraud awareness, training and risk culture initiatives.
• Champion continuous improvement and fraud risk transformation using lessons learned and emerging technologies.

Skills

Fraud risk mgmt

Leadership

Regulatory knowledge

Governance

Risk assessment

Education

Bachelor's degree

Job description

Bank of the Philippine Islands (BPI) is seeking a Governance Officer to establish, maintain, and enhance the Enterprise Fraud Risk Management Framework. You will drive fraud governance, oversee risk metrics and regulatory compliance, and provide independent challenge to business units to protect customers and stakeholders.

The role leads risk assessment programs, reports to senior management and boards, and champions continuous improvement through training and fraud-awareness initiatives.