Credit and Risk Management Division Head

Credit and Risk Management Division Head (RCBC Leasing)

RCBC Makati, National Capital Region, Philippines

Credit and Risk Management Division Head role at RCBC Leasing. This position focuses on customer onboarding and portfolio management, risk management and reporting, compliance and regulation, and due diligence and transaction monitoring.

• Customer Onboarding and Portfolio Management: Ensure timely review and analysis of credit customers and proposed facilities by analysts. Apply the latest S&P guidelines and overlays from the parent bank in the credit risk assessment processes. Guarantee compliance with credit policies throughout the onboarding process and day-to-day credit transactions. Manage and oversee the implementation of credit programs as directed by management. Conduct periodic assessments and report on the leasing portfolio’s credit risk in compliance with regulatory and parent bank guidelines.
• Managing and Reporting of Risk: Monitor organizational risk in accordance with the framework and reporting guidelines established by the parent bank. Provide oversight and reporting of treasury liquidity risk to the parent bank. Conduct independent reviews of the Top 20 credit exposures of the company. Collaborate with the parent bank to streamline risk management processes. Report findings to the Risk Oversight Committee, outlining potential risks and mitigation strategies.
• Compliance and Regulation: Ensure compliance with applicable banking laws, regulations, and internal policies. Stay informed about new regulations affecting the organization, liaising with the Compliance Group as necessary for interpretation and application. Oversee the timely completion of reportorial requirements and ensure submissions are made before deadlines. Address compliance findings and implement corrective actions to prevent reoccurrence. Ensure timely submission of quarterly anti-money laundering certifications to the Compliance Office. Report significant compliance breaches or violations to the Compliance Office for immediate resolution. Serve as a liaison with the Operational Risk Management Group (ORMG) on information governance, business continuity, and consumer protection. Assist business units in submitting operational risk reports and implementing risk management strategies. Participate in operational risk training to promote knowledge and awareness across departments. Drive initiatives that foster a culture of awareness and understanding of risk management within the organization.
• Due Diligence and Transaction Monitoring: Conduct due diligence in line with the Bank's Money Laundering and Terrorist Financing Prevention Program (MLPP), focusing on Know Your Customer (KYC) standards, suspicious transaction monitoring, and records keeping and retention. Implement enhanced due diligence measures for transactions that involve potential anti-money laundering risks, ensuring appropriate investigation and reporting to the Compliance Office. Develop strategies to monitor, control, and rectify risks associated with compliance issues that arise within the organization.

• Bachelor's degree in Business Administration, Economics, Management and Finance. Post-graduate degree and/or relevant trainings are an advantage.
• Must be comfortable with numbers, highly analytical. Familiarity with bank products and services is a plus.
• Excellent oral and written communication skills (English and Filipino). Team player, with good interpersonal skills but can also work independently and with minimal supervision.
• Proficient in MS Word, Excel and PowerPoint or similar software.
• Demonstrated leadership through extracurricular activities is an advantage.

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Finance, Analyst, and Accounting/Auditing
• Industries: Banking

Note: This description focuses on core responsibilities and qualifications for the role. It excludes unrelated sign-in prompts and job-board boilerplate.