Head of Risk Management (Managerial level)

Industry: Banking (Commercial bank)

Salary range: 180,000 - 200,000

Work set up: 5x RTO

1. Risk Management Framework and Policies

o Maintain, review, and ensure the timely updating of the Branch's Risk Management policies, procedures, and related frameworks.

o Regularly assess and monitor the Branch's exposure to market risk, operational risk, liquidity risk, interest rate risk, compliance risk, strategic risk, concentration risk, reputational risk, ESG risk, and other emerging risks.

o Provide recommendations and appropriate risk mitigation measures to address identified risks.

2. Risk Management Committee and ALCO

o Prepare materials, reports, and documentation for the Monthly Risk Management Committee and Asset and Liability Committee (ALCO) meetings.

o Monitor and follow up on action items and resolutions arising from these meetings.

3. Credit Risk Management

o Conduct monthly credit reviews of the Branch's loan portfolio and identify potential credit risk concerns.

o Maintain and regularly update the Internal Credit Risk Rating System database.

o Participate in credit committee discussions and provide risk-based assessments and recommendations.

4. Risk Management and Regulatory Frameworks

o Provide support and oversight in the implementation and monitoring of key risk management frameworks and requirements, such as:

▪ Operational Risk Management

▪ ESG Risk Management

▪ ICAAP (Internal Capital Adequacy Assessment Process)

▪ IRRBB (Interest Rate Risk in the Banking Book)

▪ Liquidity Risk Management

Qualifications:

• Bachelor's degree in Business Administration, Finance, Banking, Economics, Risk Management, or a related field.

• At least 5 years of relevant professional experience, preferably within the BANKING industry.

• Strong knowledge and practical experience in banking risk management and regulatory requirements.

• Strong analytical, reporting, communication, and problem-solving skills.

• Ability to assess complex risk exposures and provide sound, timely, and practical recommendations to Management.

• Professional certifications such as FRM, CFA, or other relevant risk management certifications would be an advantage.

Must have hands on experience in the ff:

• ICAAP
• IRRBB
• Liquidity Risk
• Funding Strategy
• Contingency Funding Plan
• Operational Risk
• Risk Reporting
• Key Risk Indicators (KRI)
• BSP Circular Compliance