Head of Credit Risk

3 days ago


Manila, Philippines Credit Guarantee and Investment Facility Full time

The Head - Credit Risk (HCR) is an international staff member responsible for supervising and overseeing the Credit Risk Group (CRG) of the Risk Management Department (RMD) at CGIF. The CRG’s main duties include reviewing credit guarantee proposals and managing CGIF’s existing credit guarantee portfolio. Additionally, the CRG manages the capital adequacy risk, market risk, liquidity risk, and operational risk exposures of CGIF. HCR reports directly to the Chief Risk Officer (CRO) who heads the RMD. The selected candidate will be offered an internationally competitive salary and benefits that include certain privileges and immunities. EXPECTED OUTCOMES The HCR reports directly to the Chief Risk Officer (CRO) and is responsible for the conduct, oversight, and supervision of the following, among others. Management of the staff, tasks, responsibilities, and activities of the CRG and the secretariat of the Guarantee and Investment Committee (GIC) Review and assessment of proposed credit guarantee to investors of corporate, project finance, and securitization bonds Production of credit review notes and other guidance material for the GIC and the Board. Management of the outstanding credit guarantee portfolio Monitoring of compliance by guaranteed bond issuers to covenants and terms of guarantee-related legal documents Monitoring and review of classified accounts Monitoring of the recovery process following an event of default and guarantee


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