Head of Risk

Nezda Global; Metro Manila; On-site; PHP 3,500,000 - 6,000,000; Full time

Job summary

Nezda Global seeks an Associate Director, Risk to lead the Risk function across Product, Financial, and Operational Risk. The role oversees ERM governance, risk assessment, regulatory coordination, and risk advisory to foster a strong risk culture.

The candidate will define risk appetite, dashboards, KRIs, and executive risk reporting while managing market, credit, liquidity, and insurance risks. Leadership experience is essential.

Qualifications

• Bachelor's degree in Finance, Business, Economics, Engineering, Data/Analytics, or a related field.
• 10+ years of experience in risk management, governance, compliance, audit, or related disciplines.
• Experience building and operating ERM, risk governance, and risk reporting processes.
• Experience in people leadership.
• Strong experience managing and influencing senior stakeholders and cross-functional teams.
• Strong written, verbal, and presentation skills.
• Solid experience in Financial Risk Management within the Life Insurance industry, particularly without an actuarial qualification.

Responsibilities

• Own and lead the Risk function covering Product, Financial, and Operational Risk.
• Oversee enterprise risk governance, risk assessment and monitoring, regulatory coordination, and risk advisory.
• Define and maintain ERM framework, risk appetite, limits, taxonomy, and enterprise risk register.
• Lead risk assessments, scenario analysis, stress testing, and emerging-risk monitoring.
• Prepare executive- and Board-level risk reporting.
• Manage market, credit, liquidity, investment, and insurance risks.
• Review reinsurance strategy and oversight of investment risk and Investment Compliance.
• Oversee operational risk processes including incident/loss management and control effectiveness.
• Partner with Compliance, Legal, Internal Audit, Finance, IT/Cybersecurity, Operations, HR, and Procurement on risk matters.
• Support regulatory examinations, audits, and external assurance reviews.
• Provide risk advisory for new products, investments, partnerships, and major tech changes.
• Participate in crisis management and business continuity planning and testing.
• Lead and develop the Risk team covering Product Risk, Financial Risk, and Operational Risk.

Skills

People leadership

Stakeholder management

Cross-functional collaboration

Communication skills

Risk reporting

Education

Bachelor's degree in Finance, Business, Economics, Engineering, Data/Analytics, or a related field

Tools

GRC tools

Job description

Reporting directly to the Chief Risk Officer, the Associate Director, Risk will lead the Risk function covering Product Risk, Financial Risk, and Operational Risk.

The role will oversee enterprise risk governance, risk assessment and monitoring, financial and insurance risk, regulatory coordination, and risk advisory while building a strong risk and control culture across the organization.

Key Responsibilities

• Own and maintain the Enterprise Risk Management (ERM) framework, including policies, standards, methodologies, and governance forums.
• Define and maintain the risk appetite statement, risk limits, risk taxonomy, and enterprise risk register.
• Lead risk assessments, scenario analysis, stress testing, and emerging-risk monitoring.
• Establish Key Risk Indicators (KRIs), dashboards, and early-warning monitoring.
• Prepare executive- and Board-level risk reporting covering top risks, incidents, mitigation progress, and control effectiveness.
• Manage market, credit, liquidity, investment, and insurance risks, including interest rate, equity, FX, property, lapse, mortality, morbidity, and expense risks.
• Review and risk-assess reinsurance strategy and oversee investment performance risk and Investment Compliance.
• Oversee operational risk processes, including incident/loss event management, root-cause analysis, remediation, and control effectiveness.
• Partner with Compliance, Legal, Internal Audit, Finance, IT/Cybersecurity, Operations, HR, and Procurement on risk and control matters.
• Support regulatory examinations, audits, and external assurance reviews.
• Provide risk advisory for new products, investments, partnerships, major technology changes, and other strategic initiatives.
• Participate in crisis management and business continuity planning and testing.
• Lead and develop the Risk team covering Product Risk, Financial Risk, and Operational Risk.

Must-Have Qualifications

• Bachelor's degree in Finance, Business, Economics, Engineering, Data/Analytics, or a related field.
• 10+ years of experience in risk management, governance, compliance, audit, or related disciplines.
• Demonstrated experience building and operating ERM, risk governance, and risk reporting processes.
• Experience in people leadership.
• Strong experience managing and influencing senior stakeholders and cross-functional teams.
• Strong written, verbal, and presentation skills.
• Solid experience in Financial Risk Management within the Life Insurance industry, particularly for candidates without an actuarial qualification.

Good-to-Have

• Qualified Actuary, particularly an actuarial fellowship.
• Certifications such as CERA, FRM, PRM, CPA, CIA, CISA, or CRISC.
• Knowledge of ISO 3100`0 and/or COSO ERM.
• Experience with GRC tools, risk registers, workflow automation, KRI automation, and risk dashboards/analytics.
• Experience working in a regulated industry.