Risk Officer

MEGA INTERNATIONAL COMMERCIAL BANK CO. LTD.; Pasig; On-site; PHP 800,000 - 1,200,000; Full time

Job summary

A leading financial institution seeks a Risk Management Specialist to conduct comprehensive credit risk reviews, provide insightful management reporting, and ensure compliance with regulatory requirements. The role involves enhancing risk controls and facilitating risk awareness training within the organization. Candidates must possess a solid understanding of financial risk frameworks and a degree in a related field.

Qualifications

• Strong knowledge of credit and operational risk management processes.
• Experience in preparing management reports and regulatory submissions.
• Ability to monitor compliance with risk policies and document processes.

Responsibilities

• Conduct credit risk reviews and prepare risk reports for management.
• Assist in risk identification and monitoring across various risk types.
• Facilitate internal risk-related training sessions for staff.

Skills

Risk Assessment

Data Analytics

Regulatory Compliance

Report Preparation

Policy Development

Education

Bachelor's degree in Finance, Economics, or related field

Master's degree or relevant certification (e.g., FRM, PRM)

Job description

1. Conduct Credit Risk Reviews and Annual Aggregate Credit Portfolio Review.

2. Provide timely risk insights to management and contribute to key decisions.

3. Assist in risk identification, measurement, monitoring, and control processes across credit, market, liquidity, interest rate, operational, compliance, strategic, concentration and ESG risk.

4. Assist the Chief Risk Officer with risk-related tasks especially with the preparation of ICAAP and Recovery Plan.

5. Prepare and maintain reports, memos, and materials for Senior Management Committee and Risk Management Committee meetings.

6. Conduct monthly self-inspections and support responses to regulatory, Head Office, and Branch management requests

7. Keeping the risk management-related policies and procedures updated

8. Prepare and follow the progress for Risk Division tracking report.

9. Help evaluate and improve risk controls, policies, and documentation

10. Help facilitate internal risk-related training sessions and assign training modules to Branch staff to build risk awareness

11. Update the Risk Management Framework & Policy, as well as the Branch Risk Appetite Statement.

12. Monitor risk related changes to local regulatory requirements.

13. Monitor the Branch’s compliance with risk policies and procedures.

14. Report any breach in risk and escalate when necessary.

15. Perform ad-hoc data analytics as required and proactively seek and recommend enhancement of processes.