Risk Division Head

GCash; Metro Manila; On-site; PHP 1,800,000 - 3,200,000; Full time

Job summary

GCash seeks a senior risk leader to partner with the Chief Risk Officer in advancing risk management across the organization. The role focuses on embedding enhancements, governance, and regulatory compliance to protect the enterprise and drive strategic risk decisions.

You will oversee enterprise-wide risk identification, assessment, and mitigation, working with ORM tools and cross-functional teams to strengthen risk controls and reporting.

Qualifications

• Bachelor's degree in Business, Finance, Risk Management or related field.
• Proven experience in risk management, governance, or related leadership roles.
• Strong knowledge of risk management frameworks, tools, and regulatory standards.

Responsibilities

• Assist the CRO in designing, embedding, and implementing continuous enhancements to Risk Management functions.
• Oversee enterprise-wide operational risk identification, assessment, and mitigation.
• Ensure comprehensive deployment of risk tools and methodologies across the organization.
• Provide guidance on risk acceptance, contract reviews, and policy updates.
• Lead planning activities and shape strategies for the Risk Group.

Skills

Risk management

Leadership

Regulatory knowledge

Stakeholder communication

Cross-functional leadership

Education

Bachelor's degree in Business/Finance

Tools

RCSA

PRA

KRI

Incident Management

Job description

You Will Be Responsible For The Following

• Assists the Chief Risk Officer (CRO) in designing, embedding, and implementing continuous enhancements to Risk Management functions.
• Fosters a management philosophy and culture aligned with effective risk management throughout the organization.

Operational Risk Oversight

• Spearheads and oversees enterprise-wide operational risk identification and assessment.
• Utilizes various ORM tools, including Risk and Control Self-Assessment (RCSA), Project Risk Assessment/Advisory activities (PRA), Key Risk Indicators (KRI), Incident Management, Issue and Action Management.

Risk Tools Implementation

• Ensures the comprehensive implementation of all Risk Tools.

Risk Management Activities

• Strategic Design & Implementation: Work closely with the Chief Risk Officer (CRO) to design, embed, and continuously improve risk management functions across the organization.
• Operational Risk Oversight: Lead enterprise-wide efforts in operational risk identification, assessment, and mitigation, utilizing various tools such as Risk and Control Self-Assessment (RCSA), Project Risk Assessment (PRA), and Incident Management.
• Risk Tools Implementation: Oversee the deployment of risk management tools and methodologies to ensure comprehensive coverage and effectiveness.

Risk Governance & Reporting

• Guidance & Review: Provide guidance on risk acceptance, contract reviews, and policy/procedure updates.
• Regulatory Compliance: Analyze and provide feedback on new regulations and laws that impact risk management and the company's operations.
• Governance & Escalations: Review risk reports, elevate key risks to senior management, and ensure prompt resolution of non-compliance issues.

Planning & Organization

• Takes the lead in orchestrating business planning activities for Risk Management.
• Collaborates with teams to shape comprehensive strategies for the overall Risk Group.
• Contributes critical insights to shape individual work plans and assigned areas.
• Facilitates the creation of short, mid, and long-term strategies for the Risk Governance (RG) function.
• Plays a pivotal role in formulating and implementing operational risk management strategies.
• Ensures strict adherence to internal policies and regulatory requirements.
• Develops and regularly reviews the Risk Management Framework.
• Contributes significantly to the establishment and enhancement of Policies and Guidelines mandated by Regulatory bodies. Governance, Reporting and Escalations
• Reviews and provides inputs to all risk reports, results, issues, and decisions to the CRO, Senior Management, and the Board.
• Escalates key risks and actual/potential non-compliance incidents to respective risk owners through the CRO to ensure that potential risks or incidents are managed effectively.
• Validates gap analysis against required regulation / laws / Internal policies, performs escalations and collaborations in addressing gaps.
• Formulate and implement operational risk management strategies, ensuring compliance with internal policies and regulatory requirements.
• Regularly review and update the Risk Management Framework and associated policies.
• Play a pivotal role in enhancing policies and guidelines in line with regulatory standards.

We Are Looking For

• Bachelor's degree in Business, Finance, Risk Management, or a related field (Master's degree or relevant certifications preferred).
• Proven experience in risk management, operational risk, or governance, ideally in a leadership capacity.
• Strong knowledge of risk management frameworks, tools, and regulatory standards.
• Excellent leadership, communication, and interpersonal skills.
• Ability to collaborate with senior management and lead cross-functional teams.

What We Offer

Opportunity for career growth and development in the #1 FinTech company in the country, working with a dynamic and highly collaborative team who want to change the game, and a company that values their people with highly competitive and flexible compensation and benefits package.