--- title: 'Non-Financial Risk Officer at Salmon Group' canonical: 'https://feeny.ai/job/non-financial-risk-officer-salmon-group-metro-manila-6a028379230k' type: 'job' last_seen: '2026-11-03' --- # Non-Financial Risk Officer at Salmon Group - **Company:** [Salmon Group](https://feeny.ai/companies/salmon-group) - **Location:** Metro Manila - **Employment:** full-time - **Work type:** hybrid - **Posted:** 2026-10-28 - **Last confirmed live:** 2026-11-03 - **Apply:** https://jobs.ashbyhq.com/salmon-group/8d352e87-3c90-4f1f-9a78-aa8a7b3780f4 ## Job description The Non-Financial Risk Officer supports the Non-Financial Risk Manager in executing the Bank's Non-Financial Risk (NFR) Management Framework. Operating as part of the Second Line of Defense, the role provides analytical support for the identification, assessment, monitoring, and reporting of operational, compliance, IT, reputational, and other non-financial risks across Salmon Bank's business units. The analyst works closely with First Line of Defense (1LOD) process owners and risk officers, and contributes to materials presented to the Risk Oversight Committee (ROC) and Senior Management. ## Key Responsibilities Risk Identification & Assessment - Assist in conducting risk and control self-assessments (RCSA) for existing and new products, processes, and systems in coordination with 1LOD process owners. - Maintain and update the Bank's risk register, ensuring accuracy of risk ratings, control effectiveness assessments, and residual risk exposures. - Support the review of new product and process approvals by identifying and documenting key non-financial risks and corresponding controls prior to go-live. - Assist in conducting risk assessments for outsourcing arrangements. Monitoring & Reporting - Track and monitor key risk indicators (KRIs), operational loss events, control exceptions, and near-misses across business units. - Prepare periodic risk reports and dashboards for review by the Non-Financial Risk Manager, including materials for the Risk Oversight Committee (ROC). - Monitor action plans arising from audit findings, regulatory examinations (BSP), and self-identified risk issues; escalate overdue or unresolved items to the NFR Manager. - Support the production of trend analysis and thematic risk reporting to surface emerging risk patterns requiring management attention. Business Partnering - Serve as a risk resource for 1LOD business units, providing guidance on risk identification and control design during process changes or new initiatives. - Coordinate with business units to collect risk data, validate control documentation, and support risk awareness activities. - Participate in cross-functional working groups and project teams as the 2LOD risk representative. Documentation & Governance - Maintain risk management documentation, including risk policies, procedures, risk frameworks, and governance records. - Assist in preparing materials for risk committees and governance forums, including ROC reports, management packs, and meeting minutes. ## Qualifications Education - Bachelor's degree in Business Administration, Finance, Accounting, Economics, Law, Information Technology, or a related field. ## Experience - Minimum 3 years of experience in risk management, internal audit, compliance, or a related function within a bank or financial institution. - Exposure to BSP regulatory requirements and the Philippine banking regulatory environment is a plus. - Experience supporting risk reporting for senior management or board-level committees is an advantage. Knowledge - Working knowledge of the BSP Manual of Regulations for Banks (MORB) and relevant BSP circulars on operational risk, IT risk, and outsourcing. - Familiarity with the Data Privacy Act of 2012 (RA 10173) and NPC issuances as they apply to banking operations. - Understanding of operational risk frameworks (e.g., RCSA, KRI, loss event management) and internal control concepts. - Basic understanding of the Three Lines of Defense model and its application in financial institutions. ## Skills - Strong analytical and critical thinking skills; able to identify risk themes from large data sets or process documentation. - Proficient in MS Office (Excel, Word, PowerPoint) - Strong written and verbal communication skills; able to prepare clear reports for management and committee consumption. - Detail-oriented with strong documentation habits and ability to manage multiple tasks under deadlines. - Collaborative and able to build working relationships with diverse business unit stakeholders. ## About Salmon Group ## Company Overview - **One-liner**: Salmon Group is a Philippine financial technology company that provides responsible consumer lending, digital banking, and credit products through its licensed rural bank and financing companies. - **Entity Type**: Private (Series B, $179M total funding) - **Headquarters**: Taguig City, Metro Manila, Philippines - **Founded**: 2022 (corporate group formed; underlying Rural Bank of Sta. Rosa traces to 1963) - **Founders**: Derrick Low, Pavel Fedorov, George Chesakov ## Core Business - **Primary industry**: Financial services / Fintech / Digital banking - **Target customers**: B2C – Filipino consumers seeking accessible credit, installment loans, and banking services; also B2B partnerships with merchants. - **Mission or purpose**: “To build a future where every Filipino has access to transparent, fast, and flexible financial services that have a human touch.” ## Products & Services - **Salmon Credit**: Revolving credit line up to PHP 100,000, accessible via a prepaid Mastercard. Can be used for shopping, emergencies, and everyday expenses. - **Salmon Access Card**: Prepaid card linked to Salmon Credit, accepted worldwide via Mastercard. - **In-store Installment Loans**: Point-of-sale financing for gadgets, appliances, clothing, and other items at partner merchants (e.g., SM Store, Vans). - **Cash Loans**: Direct consumer loans offered through the Salmon app and offline channels. - **Auto-Debit Payments**: Seamless recurring payment service for loan repayments. - **Rural Bank Services**: Traditional deposit accounts and lending through Rural Bank of Sta. Rosa (Laguna), with deposits up 439% since acquisition. ## Market Standing - **Valuation**: Not disclosed - **Key Metric**: Total funding raised – $179M (last round: $60M, ~May 2026) - **Notable Investors/Partners**: International Finance Corporation (IFC, World Bank Group), ADQ/Lunate (sovereign wealth fund of Abu Dhabi), Bangko Sentral ng Pilipinas (BSP) as regulator, Mastercard as card network, ECPay for payment channels, AllBank for QR Ph payments. - **Growth Signals**: Deposits at Rural Bank of Sta. Rosa grew 439% since acquisition; launched multiple new products in 2023-2024; expanded merchant network (SM Store, Vans); became a licensed bank in January 2024; received ₱4.4B capital injection from new shareholders. ## Competitive Advantages - **Licensed bank status**: Salmon Group controls a BSP-regulated rural bank, giving it a regulatory moat and trust advantage over unlicensed lenders. - **Strong investor backing**: Backed by IFC and a sovereign wealth fund, providing capital and credibility. - **Omnichannel distribution**: Combines digital app, physical merchant partnerships, and a traditional bank branch network. - **Customer protection focus**: Adheres to BSP, SEC, IFC, and SPTF/Cerise Customer Protection Pathways frameworks. ## Strategic Focus - Expand product suite (credit lines, cards, auto-debit) and deepen merchant partnerships. - Drive financial inclusion in the Philippines by reaching underserved consumers. - Grow deposit base and lending portfolio through the rural bank subsidiary. - Continue building AI and data analytics capabilities (e.g., Head of AI Banking appointed). ## Why Work Here - **Culture**: Emphasizes “dependability,” innovation, and a human touch. Employees describe an agile, open environment where Day One employees shape the company. - **Work model**: Mostly office-based at the Taguig City headquarters (Four/NEO Building, Bonifacio Global City). Some field roles (collections, housekeeping) are site-specific. - **Notable perks**: Competitive salaries (e.g., PHP 30k-40k/month for junior roles; PHP 15k-25k for field roles). Popular roles include Credit Investigator (PHP 28k/month) and Collection Agent (PHP 16k/month). - **Engineering culture**: Strong focus on AI, data analytics, and technology innovation; the CTO and SVP of AI and Data are part of senior management. ## Sources 1. [salmon.group](https://salmon.group/) – Company overview, leadership, press releases 2. [salmon.ph](https://salmon.ph/our-story) – Company story, products, values 3. [cbinsights.com](https://www.cbinsights.com/company/salmon) – Funding, stage, headquarters, total raised 4. [ph.indeed.com](https://ph.indeed.com/cmp/Salmon-Group-Ltd-1) – Job listings, salary estimates, industry 5. [ge.linkedin.com](https://ge.linkedin.com/company/salmonphilippines) – Company LinkedIn page (employee insights) ## Other roles at Salmon Group - [iOS Developer](https://feeny.ai/job/ios-developer-salmon-group-kazakhstan-07vh15tsm41y) — Kazakhstan - [Data Analyst (RCL)](https://feeny.ai/job/data-analyst-rcl-salmon-group-philippines-zfa0d037fhcs) — Philippines - [Field Collections Manager](https://feeny.ai/job/field-collections-manager-salmon-group-philippines-vzrcvxrnkpj1) — Philippines - [SME Cash Loans Sales Manager](https://feeny.ai/job/sme-cash-loans-sales-manager-salmon-group-philippines-djk10qrbd5rd) — Philippines - [Data Analyst (Marketing)](https://feeny.ai/job/data-analyst-marketing-salmon-group-philippines-wz53cn8k8rap) — Philippines - [Senior QA Automation (Recon Platform)](https://feeny.ai/job/senior-qa-automation-recon-platform-salmon-group-metro-manila-749g6qgmxgk4) — Metro Manila - [Field Collections Officer](https://feeny.ai/job/field-collections-officer-salmon-group-philippines-skejg1t4p4x0) — Philippines - [Trainers Team Lead](https://feeny.ai/job/trainers-team-lead-salmon-group-taguig-gnmthrdb6s9c) — Taguig, Philippines - [Project Manager, Regulatory Licensing](https://feeny.ai/job/project-manager-regulatory-licensing-salmon-group-metro-manila-khj3n22q7x1c) — Metro Manila - [Staff Quality Engineer (MSME)](https://feeny.ai/job/staff-quality-engineer-msme-salmon-group-remote-7d50gsggs9zj)