Operational Risk Officer (Banking)

BillEase; Philippines; On-site; PHP 1,200,000 - 2,000,000; Full time

Job summary

Rural Bank of Sta. Maria (Ilocos Sur), Inc. (RBSM) invites an experienced Operational Risk Officer to lead our risk governance framework in Makati.

You will develop risk policies, coordinate RCSA, monitor KRIs and incidents, and ensure BSP compliance while partnering with business units. Join a regulatory-driven team focused on resilience, internal controls, and incident management to safeguard our expanding digital banking services.

Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, Risk Management, or a related field.
• At least 5 years of experience in Enterprise Risk Management and Operational Risk within banking, fintech, lending, or financial services.
• Strong knowledge of enterprise operational risk frameworks, internal controls, risk assessments, incident management, and risk reporting.
• Hands-on experience facilitating Risk and Control Self-Assessments (RCSA), operational risk reviews, and control assessments.
• Strong knowledge of BSP operational risk regulations is required.
• Experience monitoring Key Risk Indicators (KRIs), operational risk events, and enterprise risk reporting.
• Excellent analytical, problem-solving, communication, and stakeholder management skills.

Responsibilities

• Develop, maintain, and enhance the Enterprise Operational Risk Management Framework and other Operational Risk-related policies.
• Coordinate enterprise-wide operational risk identification, assessment, monitoring, and reporting activities.
• Facilitate Risk and Control Self-Assessments (RCSA) and monitor the implementation of risk mitigation plans.
• Maintain the operational risk register and monitor operational risk events, incidents, and Key Risk Indicators (KRIs).
• Review and assess the effectiveness of internal controls, recommending improvements to strengthen the control environment.
• Prepare enterprise operational risk reports and dashboards for senior management and risk governance committees.
• Partner with business units to integrate operational risk management into business processes and strategic initiatives.
• Support the development and implementation of enterprise risk policies, standards, and governance frameworks.
• Ensure compliance with BSP operational risk regulations and other applicable regulatory requirements.
• Promote enterprise-wide risk awareness and contribute to a strong risk management culture.

Skills

Operational risk management

RCSA facilitation

Risk reporting

Internal controls

Stakeholder management

Education

Bachelor's degree in Finance/Business/Economics/Risk Management

Job description

About Us:

Rural Bank of Sta. Maria (Ilocos Sur), Inc. (RBSM) is a regulated rural banking institution serving the Ilocos Sur region, currently offering loans and deposits. RBSM plans to introduce online banking features to a nationwide audience especially for its deposit accounts, including online fund transfers and mobile-based transaction capabilities.

The Job:

We are seeking a highly skilled Operational Risk Officer to join our dynamic team in Makati. In this pivotal role, you will be responsible for developing and maintaining the organization's operational risk management framework, identifying and assessing operational risks, strengthening internal controls, and ensuring compliance with BSP regulations. You will work closely with cross-functional teams to enhance risk governance, improve operational processes, and promote a strong risk culture across the organization.

If you have a passion for operational risk management, governance, and process improvement, we invite you to help strengthen our operational resilience and safeguard our business.

What You'll Do:

• Develop, maintain, and enhance the Enterprise Operational Risk Management Framework and other Operational Risk-related policies.

• Coordinate enterprise-wide operational risk identification, assessment, monitoring, and reporting activities.

• Facilitate Risk and Control Self-Assessments (RCSA) and monitor the implementation of risk mitigation plans.

• Maintain the operational risk register and monitor operational risk events, incidents, and Key Risk Indicators (KRIs).

• Review and assess the effectiveness of internal controls, recommending improvements to strengthen the control environment.

• Prepare enterprise operational risk reports and dashboards for senior management and risk governance committees.

• Partner with business units to integrate operational risk management into business processes and strategic initiatives.

• Support the development and implementation of enterprise risk policies, standards, and governance frameworks.

• Ensure compliance with BSP operational risk regulations and other applicable regulatory requirements.

• Promote enterprise-wide risk awareness and contribute to a strong risk management culture.

What We Are Looking For:

• Bachelor's degree in Finance, Business Administration, Economics, Risk Management, or a related field.

• At least 5 years of experience in Enterprise Risk Management and Operational Risk within banking, fintech, lending, or financial services.

• Strong knowledge of enterprise operational risk frameworks, internal controls, risk assessments, incident management, and risk reporting.

• Hands-on experience facilitating Risk and Control Self-Assessments (RCSA), operational risk reviews, and control assessments.

• Strong knowledge of BSP operational risk regulations is required.

• Experience monitoring Key Risk Indicators (KRIs), operational risk events, and enterprise risk reporting.

• Excellent analytical, problem-solving, communication, and stakeholder management skills.