Product Risk Manager (Home Loan)
About the Role
The Product Risk Manager will develop and implement a comprehensive risk management framework for the specific asset product for the Retail Bank, its subsidiaries and affiliates through policy creation and modifications, oversight of policy / procedures implementation, portfolio analysis, risk identification and assessment, as well as monitoring and controls of identified risks.The role is also responsible for escalating existing and emerging risks to the Retail Credit Risk Management Secured Lending Risk Head.
How you’ll contribute- Performs regular reviews, analysis and monitoring of the Retail Credit home loan portfolio of the bank, its subsidiaries and affiliates through report generation, data analysis and limits monitoring to ensure pro-active identification of emergent risks as well as existing risks and opportunities to ensure quality Risk Management
- Understand fundamental concepts of retail credit business through review of policies, guidelines and manuals and close coordination with business to be able to support growth of a profitable business supported by appropriate and adequate risk management controls / capabilities.
- Communicate effectively the overall performance and risk assessment of the Retail portfolio based on portfolio data, market information and economic factors to create awareness across management for proper business strategies and decision
- Continuously Review, Assess and Implement Credit Policies and Procedure to ensure implementation of Risk Management framework and compliance to regulations.
- Establish proper planning of various tasks and responsibilities through time allocation, prioritization and calculated decision making to achieve optimal execution of job function
- Bachelor’s degree in Computer Science, Information Technology, Mathematics, Statistics, Business Administration, Commerce, Economics, Finance, Accountancy, Banking, or a related field.
- At least five (5) years of relevant work experience, preferably in banking, credit card companies, financial technology (FinTech), business process outsourcing (BPO), or leasing/financing institutions.
- Background in Risk Management principles and familiarity with Home Loan products.
- Proficient in MS Excel and MS Access; knowledge of Python is an advantage.
- Highly analytical with strong skills in programming and report creation; with project management and presentation skills.
- Able to communicate effectively with all levels of the organization and external stakeholders.
- Detail-oriented, adaptable to a dynamic work environment, and willing to continuously improve and automate existing processes.
About Security Bank
Security Bank is one of the Philippines’ best capitalized private domestic universal banks. Established in 1951 and publicly listed with the Philippine Stock Exchange (PSE:SECB) in 1995, our major businesses cover retail, corporate, commercial, and business (MSME) banking.
We’re recognized as an Employer of Choice in Philippine banking by various award-giving bodies for our values-based culture, industry-leading engagement and benefits, and commitment to work-life balance.
Most recently, we ranked as the #2 best employer in the Philippines and #54 globally on the prestigious Forbes’ World’s Best Employers 2023 list.
At Security Bank, our approach to Human Capital Management (HCM) is embodied by our Employee Value Proposition (EVP): “YOU matter.”
Start your BetterBanking career with us today.