Head of Credit Risk - Business Banking and Corporate Risk

East West Banking Corporation; Pateros; Hybrid; PHP 3,500,000 - 6,000,000; Full time

Benefits offered by this job

Career development

Competitive salary package andBenefits

Performance-based incentives

Mentorship and industry exposure

Defined career progression paths

Job summary

East West Banking Corporation in Taguig is seeking a Head of Credit Risk for Business Banking and Corporate Risk. The role provides independent second-line oversight of the Bank's credit portfolios, ensuring risk-taking aligns with appetite, regulations, and growth objectives.

You will deliver forward-looking insights to Senior Management and the Board on portfolio performance, emerging risks, and capital implications. Hybrid work with a focus on leadership and collaboration across risk teams.

Qualifications

• Bachelor's degree in Business Administration, Finance, Economics or related field; Master's degree is an advantage.
• 7–10 years of progressive experience in Credit Risk Management.
• Strong knowledge of credit risk management frameworks, risk appetite governance, portfolio limits, underwriting standards, and credit risk regulations.
• Experience in portfolio monitoring, stress testing, risk analytics, and PFRS 9 ECL methodologies.
• Demonstrated ability to assess emerging risks and challenge risk-based decisions.
• Excellent strategic thinking, analytical and communication skills; ability to influence senior stakeholders.
• Proven leadership presence and independence across business and risk teams.

Responsibilities

• Act as a key custodian of Credit Risk Policy and Appetite Framework; oversee underwriting standards and policy changes.
• Provide second-line oversight of portfolios by monitoring risk appetite, limits, and indicators.
• Exercise senior challenge over credit approvals and portfolio strategies; conduct deep-dive reviews.
• Lead portfolio stress testing and oversight of ECL methodologies and results.
• Escalate material credit risk issues and recommend mitigations.
• Prepare and present forward-looking risk reports to senior management and governance bodies.

Skills

Credit risk management

Risk governance

Portfolio monitoring

Stress testing

Regulatory knowledge

Leadership

Stakeholder communication

Education

Bachelor's degree

Master's degree advantageous

Job description

About the Job

Location: Taguig

Corporate Title: Assistant Vice President

Work Arrangement: Hybrid

Our Risk Management team is looking for experienced professionals to join us in Taguig with the role of Head of Credit Risk - Business Banking and Corporate Risk.

In this role you will provide independent second-line oversight of the Bank's credit portfolios, ensuring credit risk-taking remains within approved risk appetite, regulatory requirements, and sustainable growth objectives. You will also deliver forward-looking insights to Senior Management and the Board on portfolio performance, emerging risks, and the potential impact on capital and provisioning.

Your dream. Our focus.

East West Banking Corporation (EastWest) is one of the largest universal banks in the Philippines, and is committed to continuously invest in people and in process, product, and service enhancements, and embrace new ideas to enhance the EastWest experience.

We empower our employees to drive their careers and are committed to provide the runway for them to grow. We value teamwork and individual initiative. Join us and be part of a highly engaged team, and a workplace that promotes development and goal attainment.

Whether you're just starting out, or already a seasoned professional, EastWest can help you unleash your potential, and bridge the gap between dream to success.

What the role will entail

• Act as a key custodian of the Bank's Credit Risk Policy and Credit Risk Appetite Framework, overseeing underwriting standards, product programs, scorecard strategies, approval frameworks, and material policy or portfolio strategy changes.
• Provide independent second-line oversight of credit portfolios by monitoring risk appetite, portfolio limits, concentrations, and early warning indicators, while identifying emerging risks and structural vulnerabilities.
• Exercise senior challenge over credit approvals, exceptions, underwriting outcomes, and portfolio strategies, including conducting thematic reviews and deep-dive portfolio assessments.
• Lead portfolio stress testing and provide oversight of PFRS 9 Expected Credit Loss (ECL) methodologies, assumptions, overlays, and results to assess risk impacts and resilience under stress scenarios.
• Ensure timely escalation of material credit risk issues, breaches, and adverse portfolio trends, and recommend appropriate risk mitigation and management actions.
• Prepare and present forward-looking credit risk reports to Senior Management and governance committees, while serving as a key representative during regulatory examinations, audits, and supervisory reviews.

What we're looking for

• Bachelor's degree in Business Administration, Finance, Accounting, Economics, Management, Industrial Engineering, or any related field; a Master's degree is an advantage.
• At least 7 to 10 years of progressive experience in Credit Risk Management, including significant exposure to portfolio risk oversight and second-line risk management functions.
• Strong knowledge of credit risk management frameworks, risk appetite governance, portfolio limits, underwriting standards, and credit risk regulations.
• Experience in portfolio monitoring, stress testing, risk analytics, and PFRS 9 Expected Credit Loss (ECL) methodologies.
• Demonstrated ability to assess emerging risks, provide independent risk challenge, and support sound risk-based decision-making.
• Excellent strategic thinking, analytical, and problem-solving skills, with the ability to influence senior stakeholders through clear and effective communication.
• Proven leadership presence, sound judgment, and the ability to maintain independence while collaborating across business and risk management teams.

What you can expect from joining our team

• Career development and training opportunities
• Competitive salary package and benefits
• Performance-based incentives and recognition programs to reward high-performing individuals
• Opportunity to work with industry experts and be mentored by them
• Defined career progression paths to guide you in your professional growth