Market and Liquidity Risk Officer

Tonik Digital Bank, Inc.; Philippines; On-site; PHP 558,000 - 781,200; Full time

Job summary

A financial institution in the Philippines is seeking a Market and Liquidity Risk Officer to assess and manage exposure to market, liquidity, and interest rate risks. The candidate will develop risk management policies, collaborate with teams, and prepare risk reports for senior management. A Bachelor's degree related to finance and at least 2-3 years of experience in risk management are required. The role offers an opportunity to significantly influence the risk strategy and ensure compliance amid economic changes.

Qualifications

• 2-3 years of experience in market, liquidity, and interest rate risk management within banking or fintech.
• Strong analytical skills for interpreting financial data and making data-driven decisions.
• Experience in handling Internal Capital Adequacy Assessment Process (ICAAP) preferred.

Responsibilities

• Assess the impact of market movements, interest rate changes, and macroeconomic factors.
• Develop and implement risk management policies and procedures.
• Prepare and present comprehensive risk reports to senior management.
• Conduct stress testing and scenario analysis.
• Collaborate with internal and external auditors for compliance.

Skills

Risk assessment

Analytical skills

Risk reporting

Communication skills

Education

Bachelor’s degree in Finance, Economics, Mathematics, or a related field

Financial Risk Manager (FRM) certification

Job description

As the Market and Liquidity Risk Officer, you will help Tonik stay resilient by assessing and managing the bank’s exposure to market, liquidity, and interest rate risks. Your expertise will drive the development of robust risk management policies and processes, ensuring we are always prepared for economic shifts while maintaining optimal liquidity and financial stability.

Responsibilities

• Risk Assessment: Assess the impact of market movements, interest rate changes, and other macroeconomic factors on Tonik’s financial position, and recommend strategies for mitigating potential risks.
• Policy Development: Develop and implement risk management policies and procedures related to market, liquidity, and interest rate risk (IRRBB), ensuring they align with regulatory requirements and Tonik’s risk appetite.
• Cross-Department Collaboration: Work with various internal teams to gather key information, ensuring effective risk management practices are integrated across all departments.
• Risk Reporting: Prepare and present comprehensive risk reports to senior management, highlighting key risk metrics, emerging trends, and areas of concern.
• Stress Testing & Scenario Analysis: Conduct stress testing and scenario analysis to evaluate Tonik’s balance sheet resilience under different economic conditions and stress events.
• Risk Models & Tools: Contribute to the development and enhancement of risk models and methodologies for assessing market, liquidity, and interest rate risks.
• Audit & Compliance: Collaborate with internal and external auditors to facilitate audits related to market, liquidity, and interest rate risks, ensuring compliance with regulations and internal standards.
• Perform other tasks as assigned by Management to fulfill organizational and regulatory requirements.

Qualification

• Bachelor’s degree in Finance, Economics, Mathematics, or a related field. A professional certification such as Financial Risk Manager (FRM) is a plus.
• At least 2-3 years of experience in market, liquidity, and interest rate risk management, preferably within the banking industry or fintech environment.
• Strong analytical skills with the ability to interpret financial data and risk metrics, and the capability to make data-driven decisions.
• Solid understanding of risk models, methodologies, and regulatory requirements related to market, liquidity, and interest rate risk (IRRBB).
• Experience in handling Internal Capital Adequacy Assessment Process (ICAAP) is preferred.
• Experience in preparing and delivering clear and concise risk reports for stakeholders.
• Excellent oral and written communication skills, with the ability to explain complex financial concepts to different audiences.