Portfolio Risk Management Manager - Financial Services

We are seeking a highly skilled Portfolio Risk Management Manager to lead our portfolio risk management function. This role involves forecasting loss, managing provisions, defining credit risk appetite, implementing risk-based pricing, and overseeing risk budgeting. The ideal candidate will have extensive experience in portfolio risk management within the financial services industry and a strong track record of developing and executing risk strategies.

About Flip
Rafi, Luqman, and Anjar, who were college friends in Universitas Indonesia, started Flip as a project in 2015 to transfer payments to each other at a fraction of what banks would charge them. They are pioneers in the Indonesian market, with their technology now helping millions of Indonesians, both individuals and businesses, carry out bank-to-bank money transfers through a reliable and seamless app.

After seven years of operations, Flip has helped Indonesians transfer money worth several trillions of rupiah and has received double-digit funding from respectable investors such as Sequoia India, Insight Partner, and Insignia. Flip’s ultimate mission is to give Indonesians access to one of the most progressive and fairest financial services in the world.

At Flip, we always strive to provide the fairest place for you to work, learn, and grow with talented and fun people in various opportunities to advance your career and get fair rewards. We believe that we have to treat employees, customers, and all stakeholders fairly and respectfully. Fair treatment for employees means we establish clear goals, facilitate our employees to achieve them, and value their contribution to the company with equitable benefits.

What you'll do

• Develop and implement comprehensive portfolio risk management strategies, including loss forecasting, provision management, and risk-based pricing.
• Define and monitor the company's credit risk appetite, ensuring alignment with overall business objectives and market conditions.
• Oversee the risk budgeting process, ensuring adequate capital allocation and risk mitigation strategies.
• Conduct detailed loss forecasting and analyze portfolio performance to identify potential risks and areas for improvement.
• Collaborate with product, finance, and operations teams to develop and refine risk-based pricing models and strategies.
• Monitor and report on portfolio risk metrics, providing insights and recommendations to senior management.
• Ensure compliance with regulatory requirements related to portfolio risk management and reporting.
• Lead and mentor a team of portfolio risk professionals, fostering a culture of proactive risk management and continuous improvement.
• Stay informed about industry trends, regulatory changes, and emerging risk factors to adapt strategies accordingly.

• Bachelor’s degree in Finance, Risk Management, Economics, or related fields; Master’s degree or professional certifications (e.g., FRM) are preferred.

• 5-7 years of experience in portfolio risk management, with a strong understanding of loss forecasting, credit risk appetite, and risk-based pricing.

• Proven track record in developing and implementing portfolio risk strategies and managing risk budgeting.

• Strong analytical skills, with the ability to interpret complex data and provide actionable insights.

• Excellent communication and presentation skills, with the ability to convey risk-related information to senior stakeholders.

• Experience in managing and leading a team of risk professionals, with a focus on performance and development.