risk Portfolio managerCashalo

Job Description
Risk Portfolio Manager
An exciting opportunity with a thriving and rising start-up FinTech company has opened up. We need someone to fill in the Risk Portfolio Manager role to lead the organization's risk mitigation and credit policy formulation and implementation efforts as we navigate business opportunities during the new normal.
Do you have what it takes to challenge beyond the status quo and maximize your full potential? If your answer is YES, message us. Let's talk!
Company Background
Oriente Express TechSystem Corporation also known as Cashalo, is developing a digital finance marketplace to address financial exclusion for underbanked consumers and MSMEs.
Leveraging its experience building internet giants Skype & LU.com, Oriente has partnered with JG Summit to enable affordable online lending and wealth accumulation based on proprietary data and revolutionary credit scoring infrastructure.
Mission
Enable affordable and timely credit to emerging middle class and SMEs.
Vision
To create the largest digital financial services marketplace in the Philippines.
Role Summary
End to end ownership of all country-wide credit and fraud policies spanning across underwriting (acquisition) and fraud. Be a custodian for sound risk governance procedures and a person to whom everyone looks up to when making risk-sensitive decisions. Work closely with multiple regional and local business unit stakeholders. The role will report to the regional Risk head and will be directly accountable for Portfolio-level risk performance stemming from the implementation of proper risk identification, prevention, and mitigation strategies
Duties and Responsibilities
Credit Policies
Full client onboarding lifecycle ownership of credit
Work with Risk Head in formulating credit-related policies and guidelines, as needed, and in compliance with regulatory requirements.
Monitor regulatory requirements related to Fintech and ensure all activities are in accordance with both group and regulatory requirements.
Reviewing new product(s)/project(s) proposal and provide recommendations from a risk perspective.
· Risk policy design and implementation in the related department(s).
· Work closely with the Verification department to ensure alignment with the current policy in place.
Quality Assurance & AntiFraud
· Establish QA Framework and Report(s) for business channels and internal processes
· Conduct a post-approval review of existing borrowers sourced from online and offline lending businesses.
· Monitor performance of Client Verification (KYC) to ensure adherence to internal policies
· Monitor the performance of Collections to ensure adherence to internal policies.
· Monitor and validate Risk rules implementation and changes in internal systems.
Control for compliance with internal credit policies in the Approval process
Conducts an assessment of the quality of evaluation conducted on delinquent or Non-Performing Loans (NPL). The function includes assessing the performance of Verification (KYC) Officers based on their portfolio risk performance.
Big Data
· Explore and assess additional/alternative data source as part of continuous improvement in Risk strategies
· Incorporation of additional/alternative data sources within the end-to-end underwriting process.
· Market benchmarking on data used for the blacklist, anti-fraud and risk strategies
Portfolio Management
· Market benchmarking of end to end policy from risk strategy to acquisition/portfolio/collection performance for the lesson learned.
· Acquisition review and identify opportunities to optimize the approval rate as well as increase loan booking while maintaining risk appetite.
· Portfolio management to identify both opportunities and concerns to ensure the NPL target is met.
· Collection Performance Review, together with the Collection team to analyze the key points affecting the success of collection activities.
Qualifications and Relevant Experiences Required
Candidate must possess at least a Bachelor's/College Degree in Business Studies/Administration/Management, Commerce, Economics, Finance/Accountancy/Banking or equivalent.
3-5 years of experience as a Risk/Credit Risk Portfolio Manager from financial institutions
3-5 years experience in pre-approval credit evaluation or post-approval credit review of consumer loan products (Credit Cards, Personal, Auto, Mortgage, or Small Business Loans) from a bank or other financial institutions.
Experience in formulating credit policies from a bank or other financial institutions is a MUST.
Competency in credit evaluation for consumer loans (Credit Cards, Personal, Housing, or Auto Loans).
High level of written and verbal and skills
High level of stakeholder management skills
With the ability to integrate data analytics into a risk-averse credit comprehensive risk policy
Strong knowledge of credit processes (from origination to loan disbursement).
Able to detect credit lapses and instances of fraud.
Able to liaise with high-level officers to accomplish core objectives.
JobsinForex

Manila City, Metro Manila
Permanent
Full-time