Richard Canete
@richardcanete
Strategic risk executive specializing in credit risk, IFRS 9, and capital optimization for regulated financial firms.
What I'm looking for
I am a Strategic Executive Director and Board Member with a Master’s in Financial Engineering and FRM certification, focused on aligning venture-backed growth with robust risk frameworks. I have led IFRS 9/Expected Credit Loss implementations and served as the primary technical liaison for regulators and institutional investors.
At Bukas Finance Corp. I direct firm-wide risk strategy, capital allocation, and quantitative model development, and I lead investor due diligence for fundraising. Previously, I managed regulatory inspections, ICAAP reviews, and internal credit rating model calibration at Toyota Financial Services Philippines.
My background includes risk advisory and banking audit experience at major professional services firms, where I led multidisciplinary teams on risk assurance and loan valuation engagements compliant with central bank regulations and IFRS standards. I combine regulatory know-how with quantitative skills to deliver high-fidelity provisioning and solvency assurance.
I bring a governance-first approach to board-level oversight, emphasizing fiduciary responsibility, audit traceability, and stakeholder alignment to support sustainable, compliant growth in highly regulated financial environments.
Experience
Work history, roles, and key accomplishments
Executive Director
Bukas Finance Corp.
Jan 2019 - Present (7 years)
Serve as Executive Director, Treasurer and Head of Risk & Portfolio Management, leading IFRS 9/ECL implementations, capital optimization, and investor due diligence to support venture-backed growth while ensuring regulatory compliance.
Risk Manager
Toyota Financial Services Philippines
Jan 2015 - Dec 2019 (4 years 11 months)
Led Credit Review Unit and served as primary regulatory liaison for BSP audits, conducted ICAAP reviews and developed PD/LGD/EAD calibrations for retail portfolios to maintain solvency and compliance.
Senior Associate
Navarro Amper and Co.
Jan 2014 - Dec 2015 (1 year 11 months)
Led multidisciplinary risk assurance engagements focused on internal controls, disruption risk, and strategic risk projects for major clients across industries.
Associate
Sycip Gorres Velayo & Co.
Jan 2012 - Dec 2014 (2 years 11 months)
Performed audit and assurance work for banking and capital markets clients, including detailed valuation and review of loans and receivables in line with IFRS and central bank regulations.
Education
Degrees, certifications, and relevant coursework
De La Salle University
Master of Science, Financial Engineering
Master of Science in Financial Engineering expected in 2025 from De La Salle University, focused on advanced quantitative finance and risk management.
Eastern Visayas State University
Bachelor of Science, Accountancy
Grade: Magna Cum Laude
Bachelor of Science in Accountancy completed in 2011 with Magna Cum Laude honors and recognized as Outstanding Student.
Availability
Location
Authorized to work in
Job categories
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