Risk Management Associate

1 week ago


Pasig, National Capital Region, Philippines Agribank PH Full time

The Company

BEST EMPLOYERS IN THE BANKING & FINANCIAL SERVICES CATEGORY

(Source: Philippine Daily Inquirer and Statista's The Philippine Best Employers for 2023, 2024, & 2025)

CANDIDATE SHOULD HAVE A STRONG & SOLID BACKGROUND IN RISK MANAGEMENT

Please do not apply in case no related work exposure

About the job

The Risk Management Associate plays a critical role in identifying, analyzing, and mitigating risks that could impact the organization's operations, reputation, and financial stability. This position involves risk management strategies, ensuring compliance with regulatory requirements, and collaborating with various departments to implement effective controls. Your goal will be to give an accurate look at the balance between what the risks and opportunities are for the future.

Key Responsibilities

Risk Identification and Analysis
  1. Conduct detailed risk assessments to identify potential threats to the organization.
  2. Analyze data to evaluate the likelihood and impact of identified risks.
Risk Mitigation
  1. Develop and implement strategies to minimize or eliminate risks.
  2. Monitor the effectiveness of risk mitigation measures and recommend improvements.
Compliance and Reporting
  1. Ensure compliance with regulatory regulations and internal policies.
  2. Prepare risk analysis reports and present findings to management and stakeholders.
Collaboration and Communication
  1. Provide analytical support on various product strategies to ensure company goals are met.
  2. Collaborate with different lines of business and monitor outstanding issues throughout the bank.
Monitoring and Review
  1. Coordinate the production of portfolio performance reports for senior management.
  2. Monitor the implementation of action plans to address medium- and high-risk events and report updates.
  3. Continuously monitor risk management processes to ensure their effectiveness.

Qualifications:

  1. Education: Degree in Finance, Business Administration, Accounting, Risk Management, or related field.
  2. Skills: Demonstrate excellent analytical, data compilation, and written communication skills.
  3. Experience: 1-3 years of experience in risk management, compliance, internal auditing, IT risk management, or a related role. Fresh graduates eager to develop skills in risk management are encouraged to apply.
  4. Key competencies: Meticulous in ensuring precision and detail in tasks; capable of thriving both independently and collaboratively within a team setting.
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