Head of Credit Risk

Key Responsibilities

Credit Risk Governance & Underwriting Oversight

• Program & Policy Development: Formulate, refine, and enforce credit risk policies, underwriting criteria, terms and conditions, and exposure limits aligned with the bank's approved risk appetite and regulatory guidelines.
• Underwriting Governance: Oversee the credit underwriting process to ensure comprehensive due diligence, financial statement analysis, and risk scoring are performed prior to loan approvals.
• Portfolio Risk Assessment: Evaluate overall risk levels associated with extending credit to retail, microfinance, or corporate borrowers.

Portfolio Health & Regulatory Compliance

• Portfolio Monitoring: Continuously analyze loan portfolio performance to detect early warning indicators of credit concentration, default trends, or portfolio imbalances.
• Loss Mitigation & Collections Alignment: Partner closely with business units, credit operations, and collections departments to manage non-performing assets (NPAs), reduce delinquency rates, and mitigate default losses.
• Regulatory Compliance & Reporting: Ensure full alignment with BSP credit risk directives and local banking laws. Prepare and present comprehensive credit risk metrics and board-level risk reports to Executive Management and the Board of Directors.

Departmental Leadership

• Team Leadership: Lead, evaluate, and mentor credit risk officers, managing operational workflows, training programs, and performance appraisals.
• Strategic Input: Recommend departmental plans, operational budgets, and risk mitigation initiatives aligned with overall bank growth targets.

Requirements

Education & Experience

• Education: Graduate of Finance, Accounting, Economics, Business Administration, or a related quantitative field. A Master’s Degree (MBA/MS) or formal risk management/finance certifications are highly desirable.
• Tenure: Minimum of 5+ years of dedicated professional experience in credit risk management within a bank, lending institution, or regulated financial entity.

Technical & Functional Competencies

• Credit Analysis: Deep expertise in credit underwriting, quantitative financial analysis, debt capacity modeling, and borrower evaluation.
• Regulatory Knowledge: Solid understanding of BSP rules and regulations governing credit risk management, loan loss provisioning, and asset classification.
• Portfolio Management: Proven ability to manage credit metrics, mitigate NPLs/delinquency, and present risk insights to executive leadership.