Governance Officer

Bank of the Philippine Islands (BPI); Makati; Sur place; PHP 1 200 000 - 2 000 000; Plein temps

Résumé du poste

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.

Responsabilités

• 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.

Connaissances

Fraud risk mgmt

Leadership

Regulatory knowledge

Governance

Risk assessment

Formation

Bachelor's degree

Description du poste

The Governance Officer is responsible for establishing, maintaining, and continuously enhancing the Bank's Enterprise Fraud Risk Management Framework, ensuring effective fraud risk identification, assessment, monitoring, reporting, oversight, and regulatory compliance. The role provides independent challenge to business units, drives fraud governance across the organization, oversees fraud risk metrics and control effectiveness, coordinates regulatory and audit engagements, and promotes a strong fraud risk culture to protect the Bank, its customers, and stakeholders from emerging fraud threats.

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, and escalate material issues to senior management and governance committees.
• Provide governance oversight and independent challenge to ensure fraud controls are properly designed, implemented, and operating effectively across the organization.
• Ensure compliance with regulatory requirements and industry standards (e.g., BSP, AMLA, AFASA, Schemes – VISA & Mastercard) and coordinate responses to audits, examinations, and regulatory reviews.
• Lead fraud governance reporting and committee management, including preparation of executive and Board-level reports on fraud risks, losses, emerging threats, and remediation activities.
• Drive fraud awareness, training, and risk culture initiatives to strengthen fraud prevention, accountability, and compliance across the Bank.
• Champion continuous improvement and fraud risk transformation, leveraging lessons learned, root-cause analyses, industry intelligence, and emerging technologies to enhance fraud controls and governance effectiveness.

QUALIFICATIONS:

• Must have a bachelor's degree
• Must have 8-12years Fraud Risk Management, Operational Risk, Compliance, Internal Audit, Financial Crime, or related risk management functions, preferably within banking or financial services
• Must have 3-5 years of leadership experience
• Must have knowledge and experience in Enterprise Fraud Risk Management (EFRM) frameworks, methodologies, and governance principles.
• Must have knowledge and experience Fraud Risk Assessment techniques, risk identification, control evaluation, and residual risk analysis
• Must have knowledge and experience Banking regulations and fraud-related laws, including BSP regulations, AFASA, AMLA, Data Privacy requirements, and other applicable regulatory issuances.
• Must have knowledge and experience Card scheme regulations and industry standards, including Visa, Mastercard, PCI-DSS, EMV, and payment security controls.
• Must have knowledge and experience Internal control frameworks and governance standards, such as ACFE, COSO, ISO 31000, Three Lines Model, and operational risk management principles.
• Must have knowledge and experience Fraud typologies and emerging threats, including cyber-enabled fraud, scams, account takeover, identity theft, social engineering, insider fraud, and digital banking fraud.
• Must have knowledge and experience Risk metrics, KRIs, KPIs, and dashboard reporting, including fraud loss measurement, control effectiveness monitoring, and executive reporting.
• Must have knowledge and experience Audit, compliance, and regulatory examination management, including issue remediation, audit findings validation, and regulatory engagement.