Risk Management Head (Bank)

HRTX; Pasig; On-site; PHP 3,000,000 - 4,200,000; Full time

Benefits offered by this job

Competitive compensation and benefits package

Opportunity to build and shape the ERM function from the ground up

Job summary

A leading financial institution in the Philippines seeks a Head of Enterprise Risk to develop and maintain their risk management framework. The role is pivotal in policy formulation, ICAAP, and ensuring enterprise-wide compliance with BSP regulations. Candidates should have a bachelor's degree and over 10 years of risk management experience, preferably in a banking environment. Competitive compensation and the opportunity to shape the risk function from the ground up are offered.

Qualifications

• At least 10 years of hands-on experience in Risk Management, preferably in Enterprise Risk or Operational Risk within a banking environment.
• Strong knowledge of BSP regulations, ICAAP, and global risk management standards.
• Proven background in policy formulation, implementation, and risk governance.
• Proven background in policy formulation, implementation and risk governance.
• Excellent stakeholder management with senior management, board and regulators.
• Strong analytical, problem-solving and communication skills.

Responsibilities

• Develop, implement, and maintain enterprise risk management policies and procedures.
• Support the Board of Directors in developing the Banks risk appetite and risk limits structure.
• Own the Banks Risk Appetite Framework, KRI guidelines, and ICAAP process.
• Own the Bank's Risk Appetite Framework, KRI guidelines and ICAAP process.
• Lead ICAAP documentation, stress testing and scenario analysis.
• Establish risk management tools and systems to identify, assess, mitigate and monitor risks.
• Partner with business units to embed risk in strategic and product decisions.
• Provide risk reports and insights to Senior Management, the Board and regulators.
• Coordinate with BSP, Group Risk, Compliance, Audit and external stakeholders on risk matters.
• Promote a risk-aware culture through training and awareness initiatives.

Skills

Stakeholder management

Analytical skills

Communication skills

Problem-solving

Risk assessment

Education

Bachelor's Degree in Finance, Accountancy, Management, Mathematics

Job description

About the job Risk Management Head (Bank)

We are looking for a highly experienced Risk Management professional to join our growing organization as Head of Enterprise Risk. This is a newly created role that offers the opportunity to shape and lead the Banks Enterprise Risk Management (ERM) framework while working directly with the Chief Risk Officer.

The role is an individual contributor capacity with strong potential to grow into a people management position. You will play a critical part in policy formulation, ICAAP, risk appetite setting, and enterprise-wide risk governance in compliance with BSP regulations and global risk frameworks.

Key Responsibilities

• Develop, implement, and maintain enterprise risk management policies and procedures.
• Review and recommend enhancements to other risk-related policies to ensure an integrated risk management approach.
• Support the Board of Directors in developing the Banks risk appetite and risk limits structure.
• Own the Banks Risk Appetite Framework, KRI guidelines, and ICAAP process.
• Lead the preparation of ICAAP documents, including stress testing and scenario analysis.
• Establish risk management tools and systems to identify, assess, mitigate, and monitor interconnected risks.
• Partner with business and functional teams to embed risk considerations in strategic and product decisions.
• Provide risk reports and insights to Senior Management, the Board, and regulatory bodies.
• Coordinate with BSP, Group Risk, Compliance, Audit, and external stakeholders on enterprise risk matters.
• Promote a risk-aware culture by conducting training and awareness initiatives.

Qualifications

• Bachelors Degree in Finance, Accountancy, Management, Mathematics, or related discipline.
• At least 10 years of hands‑on experience in Risk Management, preferably in Enterprise Risk or Operational Risk within a banking environment.
• Strong knowledge of BSP regulations, ICAAP, and global risk management standards.
• Proven background in policy formulation, implementation, and risk governance.
• Excellent stakeholder management skills, with experience engaging Senior Management, Board, and regulators.
• Strong analytical, problem‑solving, and communication skills.
• Comfortable working in a fast‑paced and highly dynamic environment.

Why Join Us?

• Work closely with the Chief Risk Officer and senior leadership team.
• Opportunity to build and shape the ERM function from the ground up.
• Competitive compensation and benefits package.