Portfolio Risk Officer

RCBC; Philippines; On-site; PHP 800,000 - 1,200,000; Full time

Job summary

RCBC is seeking a Portfolio Risk Officer to support management with timely reporting of portfolio risk, ensuring monitoring of regulatory compliance related to capital position. The role involves risk governance, stress testing of credit risk per BSP guidelines, and consolidation of risk profiles across the Parent Bank and its subsidiaries.

The successful candidate will have a degree in economics or related fields and a background in credit, market, and operational risks, with experience in risk

Qualifications

• Bachelor's Degree in Economics, Accounting, Statistics, Mathematics, Management or Business Administration.
• Background on credit, market and operational risks; familiarity with stress testing concept.
• Financial services experience with understanding of a complex operations environment.
• Sufficient track record of experience in risk management, preferably credit and market risks.

Responsibilities

• Provide accurate and updated reporting of the Bank's compliance/non-compliance with regulatory requirements affecting capital position.
• Uniform stress testing for credit risk following BSP guidelines and submission of results to BSP through Controllership.
• Regular monitoring and consolidation of the Risk Profile through Risk Dashboards and Risk Heat Maps (Parent Bank, Subsidiaries, Affiliates).
• Assist in gathering information for Risk Governance Framework updates, Annual Report updates, and ICAAP/Recovery Plan inputs.
• Assist in independent credit review on sampled corporate accounts.
• Assist in assessment of risk models relevant to capital adequacy monitoring.

Skills

Credit risk

Market risk

Operational risk

Stress testing

Risk management

Education

Bachelor's Degree in Economics, Accounting, Statistics, Mathematics, Management or Business Administration

Job description

The Portfolio Risk Officer assists in providing management with timely reporting of the profile/analysis of the Bank's portfolio, ensuring sufficient monitoring of the Bank's compliance/non-compliance with regulatory requirements relevant to capital position.

How will you contribute:

• Accurate and updated reporting of the Bank's compliance / non-compliance with regulatory requirements affecting over-all capital position such as REL, REST, SBL, AFRD, etc.
• Uniform stress testing for credit risk following the BSP guidelines and submission of the results to the BSP through Controllership
• Regular monitoring and consolidation of the Risk Profile through the Risk Dashboards and Risk Heat Maps (Parent Bank, Subsidiaries, Affiliates)
• Assists in gathering information, consolidating and preparing inputs of the Parent Bank and subsidiaries for the Risk Governance Framework updates, Annual Report updates, Regular Risk Officers' meetings (Parent Bank, Subsidiaries, Affiliates), ICAAP and Recovery Plan
• Assists in conducting independent credit review on sampled corporate accounts.
• Assists in the assessment of risk models as may be relevant to capital adequacy monitoring.

What will make you successful:

• Bachelor's Degree, preferably major in Economics, Accounting, Statistics, Mathematics, Management or Business Administration
• Preferably with background on credit, market and operational risks. Familiarity and knowledge on stress testing concept
• Financial service experience with understanding of a complex operations environment
• Sufficient track record of experience in risk management, preferably credit and market risks