Role Purpose:
- To oversee the risks in relating to market, interest rate, liquidity and treasury risk, including but not limited to risk monitoring and ensuring there are no limit breach.
- Provide risk alert and guidance to the front line and middle office and Independent risk report.
- Establishing various internal controls in the processes and operations and other RMD functions specified in policies & procedures.
- To review and analyze the various measurement tools and ensure these tools are comprehensive, accurate, reasonable and commensurate to the market activities of the front line.
- To ensure that large value transactions are properly identified and assessed in accordance with internal policies.
- To conduct analysis of the macroeconomy and important sectors of the Philippine economy and to provide support on risk governance.
Duties and Responsibilities:
- Review/update/draft market, interest rate and liquidity risk (MRIRLR) policies and procedures (P&P) based on Group policies or guidelines as applicable to the bank and BSP requirements.
- Disseminates/distributes the approved risk policies to the relevant businesses/functions to guide them in the conduct of their businesses/functions. Performs compliance monitoring of these policies and review to ensure approved policies are adhered to.
- Provide independent risk assessment on treasury risk in the process of relevant transaction approval according to policy requirements. Ensure compliance to regulatory ratios and internal thresholds.
- Provide risk assessment on large value transactions on its impact to liquidity ratios and IRRBB-related ratios. Coordinates with the Portfolio Management Officer for any Expected Credit Loss (ECL) considerations as necessary.
- Measures, monitor and independently report risks, including but not limited to BAU monitor, stress test/scenario analysis/simulation, investment portfolio monitoring, provide risk alerts etc. for proactive risk identification and control.
- Review and amend the risk management framework according to new regulatory standards/guidelines and the new Basel requirements to ensure the bank to follow regulatory requirements.
- Participant in the PDD/product assessment and provide risk opinion for MRIRLR.
- Conduct ICAAP assessment. Provides inputs to the Recovery Plan in relation to MRIRLR
- Rectify audit finding.
- Prepare MRIRLR standard operating procedures (SOP).
- Work with Credit Approval Team in the conduct of industry studies and credit underwriting guidelines.
- Support the CRO is risk governance as part of ROICC Secretariat
- Accomplish other works assigned by Head, Management and Group line.
- Be part of the bank's digital transformation efforts including but not limited to being assigned to agile teams, and work on the required deliverables or take on additional business as usual functions designated by department/unit heads.
- Participate in customer-centric projects, initiatives and program led by designated teams in the organization.
Job Specifications:
- Graduate of a bachelor's degree in Accounting, Finance, Business Administration, Risk
- Management, Financial Engineering, Statistics or related disciplines
- Minimum 5 years working experience in banks or financial institutions, with minimum 2 years specialized in asset and liability management/financial risk
- management/market risk management/treasury investment.
- Good treasury product knowledge required.
