Head, Credit Policy

Hammerjack Pty Ltd; Philippines; On-site; PHP 1,200,000 - 1,800,000; Full time

Job summary

Hammerjack Pty Ltd in the Philippines seeks a senior policy professional to formulate and update credit policies and oversee lending governance. You will coordinate policy manuals, ensure regulatory alignment, and lead risk-focused policy initiatives across consumer, commercial and SME loans.

The role requires deep knowledge of BSP regulations, eight+ years in policy or credit functions, and strong written and verbal communication with leadership capabilities.

Qualifications

• Bachelor's Degree holder in Business Administration, Economics, or Management.
• Strong working knowledge in developing policies for consumer, commercial, corporate and SME loans.
• Significant exposure to credit cycles for business loans; BSP regulations and best practices.
• Knowledge of various credit lines and loans offered to business entities.
• Eight years of experience in policy formulation and/or credit-related functions.
• Data-driven, analytical with excellent oral and written communication skills and supervisory abilities.

Responsibilities

• Conceive, formulate, review and update guidelines/policies governing bank lending activities; monitor policy exceptions.
• Oversee annual updating of Credit Policy Manuals and coordinate with RBSC; participate in Portfolio Reviews and Credit Committee meetings.
• Coordinate annual accreditation reviews of insurance companies per internal policies and approvals.
• Review Lending/Business Units' operations manuals to ensure policy alignment on credit matters.
• Ensure regulatory and audit compliance with BSP MORB and MTPP policies; address audit findings related to credit policies.

Skills

Policy formulation

Credit policy development

Regulatory awareness

Data-driven analysis

Written & verbal communication

Leadership & supervision

Education

Bachelor's degree in a business-related field

Postgraduate studies advantageous

Job description

Job Summary:

Responsible for enduring the development and/or updating, as well as the issuance of the relevant guidelines/policies governing the lending activities of the Bank.

How will you contribute:

Credit Policy Formulation and/or Updating:

• Conceptualizes, formulates, and/or reviews the guidelines/policies and procedures governing the credit or lending activities of the Bank. Reviews credit programs and sandboxes initiated internally within the group or by business partners;
• Ensures annual updating of Credit Policy Manuals;
• Monitors and assesses policy exceptions, for possible policy regularization or stricter implementation of exceptions, subject to delinquency performance and risk-appetite.

Insurance Companies Accreditation:

• Responsible for the annual review/evaluation of the accreditation of insurance companies in accordance with internal policies and conditions of the approval. Works with and coordinates with various units involved in gathering information needed to accredit the companies, as well as in cascading to concerned units the prescribed risk limits of accredited companies.

Reviews the other Lending/Business Units Operations Manuals,

guidelines/policies and procedures as may be assigned to ensure salient matters specifically regarding credit related matters (as deemed applicable) are considered and/or addressed.

Credit Policy Oversight:

• Reviews and endorses for approval Credit Policy proposals from the RCBC Bankard Services Corp (RBSC) Credit Policy Group. Attends monthly Portfolio Reviews and Credit Committee Meetings of various Lending Groups

Regulatory and Audit Compliance

• Keeps abreast of updates on BSP policies as stipulated in the Manual of Regulations for Banks (MORB) and Bank policies as specified in the Money Laundering and Terrorist Financing Prevention Program (MTPP) through circulars, required seminars/programs and adheres to said policies. Addresses audit findings related to credit policies

What will make you successful:

• Bachelor's Degree holder, preferably a major in Business Administration, Economics, or Management. Having post graduate studies and relevant trainings/seminars are an advantage
• Must have a strong working knowledge in the development of policies related to consumer, commercial, corporate and SME loans.
• Significant exposure in the credit cycle for business loans, knowledge in BSP regulations and best practices in the industry
• Knowledge on various credit lines, loans, trust facilities offered by the Bank to business entities.
• At least eight (8) years of experience in policy formulation and/or any credit-related functions.
• Must have honed managerial and supervisory skills; data-driven, analytical with excellent oral and written communication skills