The position primarily is responsible for overseeing and managing the credit risks associated with extending credit to individuals or business clients of the bank. The position shall ensure a balanced approach to all credit decisions to avoid potential financial loss resulting from borrower default.
Duties and Responsibilities:
A. Credit Risk Management
- Develops credit risk programs that outline the criteria for credit approval, terms and conditions, and credit limits.
- Implements credit policies and procedures that align with the bank's risk threshold and regulatory requirements.
- Oversees the credit underwriting process to ensure that proper due diligence is conducted before approving any credit applications.
- Determines the level of risk associated with extending credit to borrowers.
- Monitors the credit portfolio to identify early signs of credit imbalance. Analyzes the performance of existing loans and takes appropriate actions to mitigate the risks.
B. Reporting and Compliance
- Ensures bank compliance with relevant laws and regulations related to credit risk management and other local regulatory guidelines.
- Provide insights to the overall credit risk profile and performance of the credit portfolio.
- Collaborates with the bank business units and credit operations team to manage and reduce delinquency rates as well as minimize losses due to payment default.
- Reviews reports on credit risk metrics and presents them to Management and Board of Directors.
C. Management Leadership
- Recommends plans, programs, budget, and performance targets of the department.
- Plans, directs, and coordinates all activities in the department to reach maximum level of employee productivity throughout the workforce.
- Provides upfront leadership in supervising all direct and indirect reports and planning for their career advancement and aspirations.
- Supervises and evaluates the performance of all direct report/s.
- Approves/schedules all vacation leaves of all direct report/s.
D. Others
- Keeps management aware of the types of actions that require legal consideration.
- Participates actively during meetings, trainings, and other professional development programs.
- Makes recommendations on matters pertinent to business operations and other related activities.
- Performs other related duties as may be assigned.
Working Conditions
- Field – 5% (reports to Cavite office as needed)
- Office – 95% (Makati office)
Education:
- Graduate of finance, accounting, economics, business administration, or any related field.
- Preferably with master's degree in risk management or business administration, or certification in finance or risk management
- Experience(s): At least five (5) years of work experience in credit risk management
