Key Responsibilities
P&L Ownership & Forex Business Strategy
- Revenue & Profitability: Own overall P&L, transaction volume, revenue, and gross margin targets for the Forex division across retail, corporate (B2B), digital, and institutional partner channels.
- Commercial Growth: Formulate and execute multi-channel growth strategies, market expansion plans, annual budgets, and divisional KPIs aligned with enterprise growth objectives.
- Market Expansion: Identify new foreign exchange distribution models, currency sourcing channels, and customer solution offerings.
Trading Operations & Market Risk Management
- Trading Oversight: Lead overall buying and selling desk operations across retail and B2B segments, supervising trading performance, currency exposure, spreads, and net returns.
- Strategy Execution: Formulate and execute trading strategies aligned with macroeconomic trends, liquidity requirements, profitability targets, and approved risk appetite limits.
- Technical Market Analysis: Monitor global foreign exchange markets, economic indicators, and geopolitical developments; evaluate technical analysis and currency position recommendations from trading desks.
- Risk & Controls: Monitor trading limits, position exposures, and counterparty risks to optimize returns while safeguarding organizational capital.
Partnership Management & Regulatory Governance
- Institutional Partnerships: Lead high-level negotiations, accreditation, and onboarding for local and international ForEx partners, correspondent financial institutions, and currency suppliers.
- Regulatory Compliance: Ensure strict compliance with BSP regulations governing non-bank financial institutions and retail foreign exchange (Manual of Regulations for Non-Bank Financial Institutions / MFCA), as well as AMLA/KYC regulations.
- Executive Leadership: Direct retail and B2B ForEx managers, finalize operational budgets, and represent the division in board reviews, regulatory audits, and strategic industry forums.
Requirements
Education & Experience
- Education: Bachelor’s degree in Business Administration, Finance, Economics, or a related discipline. Postgraduate degree (MBA/MS) or relevant professional financial certifications preferred.
- Tenure: Minimum of 10+ years of professional experience in ForEx trading, treasury operations, or capital markets, with at least 5+ years in a senior managerial capacity.
- Track Record: Proven success driving P&L performance, establishing trading strategies, managing financial risk, and building institutional partnership networks within financial services.
Domain & Technical Competencies
- Regulatory Frameworks: Deep working knowledge of BSP regulations for retail FX and money changing, alongside strict AMLA compliance and KYC requirements.
- Financial Markets: Expert understanding of global financial markets, foreign economies, currency trading mechanics, technical analysis, and market risk management.
- Negotiation & Leadership: Outstanding leadership, strategic planning, partner negotiation, and cross-functional communication skills.
Simplified LinkedIn Post
Headline: Driving Financial Growth: We’re Hiring a ForEx Division Head!
We are seeking an experienced Foreign Exchange (ForEx) Division Head to lead and scale our client's global FX trading business!
If you have 10+ years of experience in ForEx trading, treasury operations, or financial markets—with 5+ years managing P&L, trading desks, and institutional partnerships—this is a high-impact executive opportunity.
Key Responsibilities:
Own end-to-end ForEx P&L, trading strategy, and multi-channel revenue growth (B2B, Retail, Digital)
Direct 24/7 trading desk operations, market risk exposure, and currency sourcing
Lead partner negotiations with local and international financial institutions
Ensure strict compliance with BSP regulations and AMLA requirements
Location: Metro Manila | Senior Executive Role
Lead the future of enterprise FX operations. Apply here: [Link]
#Forex #Treasury #FinancialServices #FXTrading #BSP #Fintech #LeadershipJobs #Hiring
Alternative Job Title (Keyword Optimized): Head of Foreign Exchange & Treasury Operations
Profile 2: Credit Risk Department Head
Credit Risk Department Head
Our client, a licensed rural banking institution and member of a prominent financial services group in the Philippines, is seeking a Credit Risk Department Head. Reporting directly to the Risk Management Division Head, this leader will oversee the bank's end-to-end credit risk management framework. The role is responsible for establishing credit policies, managing underwriting governance, monitoring loan portfolio health, and minimizing delinquency default risks while maintaining regulatory compliance with BSP credit standards.
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.