Operations Risk Management Head - up to 200k - Onsite in Makati

weSource Management Consultancy Firm; Philippines; On-site; PHP 1,116,000 - 2,232,000; Full time

Job summary

weSource Management Consultancy Firm is seeking an Operations Risk Management Head (AVP) for a client in the banking sector in Makati. The role is onsite, Monday to Friday, with a salary range up to PHP 200k per month.

The candidate will design and implement the operational risk management framework, focusing on scenario analysis, capital assessment, risk analytics, and MI reporting. Strong leadership and stakeholder engagement are essential.

Qualifications

• The ideal candidate should be at least a College graduate with Operational Risk Management experience within financial services; strong candidates with transferable experience will be considered.
• Minimum 7 years of Operational Risk Management experience, with at least 3 years in managerial roles
• Solid quantitative and qualitative analytical skills, attention to detail, and strong Excel skills
• Strong communication skills (written and oral)
• Proven leadership and interpersonal skills with autonomy and teamwork
• Must be willing to work on-site.

Responsibilities

• Oversee the Operational Risk framework and events reporting as second line of defense.
• Support risk governance rollout, including risk appetite, controls, and SCAs.
• Embed risk framework across business areas and drive risk culture.
• Organize workshops for process mapping and risk assessment of key processes.
• Monitor action plans from audits, regulatory inspections, and risk assessments.
• Engage senior management and risk/compliance functions for risk-based decisions.
• Assist in business continuity planning and related tests.
• Build relationships with internal and external stakeholders on risk matters.

Skills

Strong Excel skills

Strong communication skills

Quantitative and qualitative analytics

Autonomous with team collaboration

Education

Bachelor's degree in Operational Risk/related field

Tools

Excel

PowerPoint

Word

Job description

Operations Risk Management Head - up to 200k - Onsite in Makati

Job Openings Operations Risk Management Head - up to 200k - Onsite in Makati

About the job Operations Risk Management Head - up to 200k - Onsite in Makati

We are looking for anOperations RiskManagement Head for our client in Makati.

Role: OperationsRisk Management Head
Job Rank: AVP
Industry: Banking
Location: Makati
Set up: Onsite
Schedule: Mon-Fri, dayshift
Salary: 100k-200k

Primary Job Scope:

The Operations Risk Management Head will be responsible to lead in the design, and implementation of theoperational risk management framework of the Bank, which includes risk identification, assessment,management, control, and reporting of operational risks, with a particular focus on scenario analysis,
capital assessment, risk analytics and insight, risk appetite, and MI Reporting

Key Job Responsibilities:

• Oversight of the Operational Risk team as a second line of defense in the day-to-day executionand management of the operational risk framework to include key risk management activitiessuch as Operational Risk Event reporting and error resolution, Risk & Control Self-Assessment,New product risk assessment, setting of Key Risk Indicators and training to the risk owners topromote awareness of operational risk.
• Support the Chief Risk Officer to roll out the operational risk framework and strategy for theBank within an agreed timeframe with particular emphasis on the risk and control self-assessments. This includes defining the Operational Risk governance, top risks reporting, riskappetite & tolerance metrics, strong control inventory framework, capital assessment using thestandardized method, scenario analysis, and MI reporting.
• Support the Chief Risk Officer to manage and constantly enhance the Risk ManagementCommittee reports ensuring the dashboard on risk performance is well-developed andappropriate.
  Own and drive the process of embedding the operational risk framework throughout thebusiness areas and contribute to the risk and control culture of the organization throughknowledge sharing and awareness of the importance of risk management.
• Organize and facilitate workshops for process mapping of key business processes, and theidentification and assessment of inherent business risks and controls.
• Influence and monitor the progress of action plans to improve the risk and control environmentarising from risk assessments, risk monitoring, internal and external audits, and regulatoryinspections.
• Engage with stakeholders at Senior Management levels and Risk & Compliance functionsproviding support for risk-based decision-making and assurance that controls are functioningwell within the first line of defense.
• Act as the second line of defense to ensure the business continuity plan remains fit for purpose andparticipate in the tests to ensure the control environment is appropriate.
• Build and maintain credible relationships with internal and external stakeholders includingexternal and internal audit.
• Promote an appropriate culture of awareness and attention to OR throughout the bank in linewith evolving regulatory requirements by embedding the three lines of defense and enhancingthe OR reporting and governance.
• Give quality advice, guidance, and training to the business lines so that the business owners canmanage their risks and meet their regulatory obligations.
• Maintain knowledge and adhere to the relevant regulatory and legal obligations of the functionmanaged, including local and wider group policies.
  

Competence Requirements:

Professional/Academic Qualifications:

• The ideal candidate should be at least a College graduate with Operational Risk Managementexperience within the financial services industry; however strong candidates with transferableoperation risk experience not gained within financial services will also be considered

Experience/Knowledge:

• Candidates will have a strong advantage if: - They have experience in change leadership ortransformation within the operational risk environment and/or have been involved withregulators in remediating crystallized incidents and/or- Have developed a strong operationalrisk network and knowledge of industry developments and/or - Have operational risk relatedqualifications
• Minimum 7 years of Operational Risk Management experience of which a minimum of 3 years hasbeen spent in managerial roles
  Solid quantitative and qualitative analytical skills, attention to detail, and strong Excel skills
• Strong communication skills (both written and oral);
• Strong desire to build a career in operational risk management and the entire risk managementspectrum
• Proven leadership and interpersonal skills with the ability to work with a fair degree of autonomyand demonstrate initiative and a sense of personal accountability, but remain a team player andenjoy contributing in a cooperative environment;
• Ability to work well in a collaborative team.
• Must be willing to work on-site.

Technical Skills:

• Excellent Excel, Word, and PowerPoint skills
• Experience with using standard statistical and data visualization packages is a plus.