Chief Risk Officer, Billease Bank Inc (A Rural Bank)

Position Summary
The Chief Risk Officer (CRO) leads the independent risk management function of Billease Bank, a BSP-supervised financial institution. The CRO is accountable for the Bank's Enterprise Risk Management (ERM) Framework, covering credit, operational, fraud, liquidity, and IT/technology risks.
Reporting directly to the Risk Oversight Committee, the CRO gives the Committee and the Board an independent, evidence-based view of the Bank's risk profile against its approved risk appetite, and escalates any material breaches or emerging risks.
The role sits apart from revenue-generating and operational business units, consistent with BSP corporate governance expectations for risk management as a control function. Its dual reporting line, functional accountability to the Risk Oversight Committee and administrative coordination with the PCEO, preserves that independence while keeping the CRO integrated into executive decision-making.
Key Responsibilities
Design, implement, and periodically review the Bank's Enterprise Risk Management Framework, risk appetite statement, and risk policies, for endorsement by the Risk Oversight Committee and approval by the Board.
Provide independent, evidence-based risk opinions to the Risk Oversight Committee, Board, and PCEO on strategic initiatives, new products, and material business decisions ahead of approval.
Lead and develop the Operational Risk Officer, Credit Risk Officer, and IT Risk Officer, ensuring each risk pillar has a documented methodology, monitoring routine, and reporting cadence.
Oversee credit risk policy, underwriting standards, and portfolio quality through the Credit Risk Officer; oversee the operational risk program, including incident reporting and business continuity, through the Operational Risk Officer; and oversee technology and information security risk through the IT Risk Officer.
Design and monitor Key Risk Indicators (KRIs) across all risk categories against approved thresholds, and work with concerned units to design and implement mitigation actions for risks that are elevated or trending toward risk appetite limits.
Prepare and present periodic risk reports to the Risk Oversight Committee and Board, and serve as a key contact for BSP examinations and regulatory inquiries relating to risk management.
Coordinate with Compliance, Internal Audit, and the Data Protection Officer to maintain a coherent three-lines-of-defense model across the Bank.
Build risk management capability and risk-aware culture across the organization, including training business units on risk identification and escalation.
Qualifications
Bachelor's degree in Finance, Economics, Accounting, Risk Management, or a related field; a Master's degree, CFA, FRM, or PRM designation is an advantage.
At least 12–15 years of progressive risk management experience, including at least 5 years in a senior/head-of-risk role within a bank or BSP-supervised financial institution.
Working knowledge across credit, operational, fraud, liquidity and IT/technology risk, with demonstrated depth in at least two of the three.
Experience presenting to a Board-level risk committee and direct exposure to BSP examinations or supervisory engagement is strongly preferred.
Must meet the qualifications, experience, and integrity requirements of the BSP Fit and Proper Rule for senior officers of a BSP-supervised financial institution, with no disqualification under applicable BSP or banking regulations.
Key Competencies
Risk judgment and sound decision-making under ambiguity.
Independence and the courage to escalate unpopular findings.
Business and regulatory acumen across banking and BSP requirements.
Stakeholder influence with the Board, PCEO, business units, and regulators.
Ability to build and develop a risk team that scales with the Bank.

Work arrangement
Yes