Vice President, Non-financial Risk

1 week ago


Singapore ING Group Full time
Vice President, Non-Financial Risk

Overview


The Asia Non-Financial Risk (NFR) team provide 2nd Line oversights to the non-financial risk (including Operational Risk & Information Technology Risk) program for the Asia region.

We are looking for someone to join the Locations & Products team within Asia NFR.


Act as a 2nd Line of Defense (2LoD) to advise, monitor, challenge and report to Senior Management on the effectiveness and robustness of the 1st Line of Defense (1LoD) in the development and implementation of the NFR framework in Asia.

To ensure that the 1LoD operates in accordance with internal policies and standards.

Product ORM

  • Establish direct working relationship through proactive stakeholder management with the head(s) of the First Line function(s) and their management team(s).
  • Assure the NFR framework is appropriately implemented in the product area, advise the first on maintaining an effective and robust governance and risk management structure.
  • Lead regional engagement on the product, cascade information to the relevant locations in a timely way.
  • Assure embeddedness of global control standards (or local equivalent) in all Asia locations
  • Advise the global functional head of local/regional risk matters.
  • As a Centre of Excellence for the product area, advise the Asia NFR and Wholesale Banking NFR team on matters related to the product area.
Governance & Advice

  • Maintain the NFR framework and manages it as a basis for operational activities.
  • Advise Senior Management and 1LoD NFR management functions on Non-Financial Risk framework matters.
  • Advise and support 1LoD on Non-Financial Risk setup, procedures and measures.
  • Identify and monitor relevant developments in the field, both within and outside the organization, and incorporates findings in policy and procedures.
  • Support running of local Non-Financial Risk Committee chaired by Country Branch Manager where applicable.
Risk Identification & Risk Assessment

  • Advise and challenge identified risks in conjunction with management and the 1LoD, with due regards for the interests of parties involved (bank, customer, third parties).
  • Provide expert risk knowledge and guidance on the business process and nonfinancial risks in area(s) of expertise.
  • Investigate risks and events, conducts desk research, researches individual cases and makes an analysis. Helps prioritize risks and performs assessments in conjunction with management.
Risk Mitigation & Risk Awareness

  • Guide and support 1LoD in the creation of an implementation risk mitigation plan.
  • Communicate policy and guidelines to management and employees.
  • Encourage risk awareness and a sense of responsibility among management and employees in relation to Non-Financial Risk.
  • Advise and assist in the implementation of new and updated Non-Financial Risk policy, procedures, and measures.
  • Point of contact for the reporting of and for queries relating to Non-Financial Risk events and issues.
Monitoring and Reporting

  • Check that the 1LoD is complying with Risk Appetite, and that Non-Financial Risks are being managed and escalated where necessary.
  • Monitor progress in Risk Mitigation activities, create reports and feed back to management of the business unit, second line and Operational Risk functional line.
  • Challenge & advise risk scores in Non-Financial Risk Dashboard reports, and lead discussions in local Non-Financial Risk Committee.

Requirements:

  • Minimum 10 years' relevant Non-Financial Risk / Operational Risk relating to and Risk Analytics experience preferably in financial institution
  • Degree or above with major in Accounting, Finance, Economics or related discipline.
  • Experience in Wholesale Banking products, processes, and controls
  • Familiar with risk event management, issue management, risk assessments, internal control testing methodologies, Key Risk Indicators, scenario analysis, risk analytics and reporting
  • Ability to analyze, collate and understand the business requirements
  • Strong organizing and project management skills
  • Ability to lead and drive projects and initiatives
  • Selfmotivated, proactive, and able to work on own initiative
  • A strong team player with good interpersonal skills who is able to work well with others including senior management
  • High proficiency in spoken and written English
Job ID

  • Singapore ING Full time

    OverviewThe Asia Non-Financial Risk (NFR) team provide 2nd Line oversights to the non-financial risk (including Operational Risk & Information Technology Risk) program for the Asia region. We are looking for someone to join the Locations & Products team within Asia NFR.  Act as a 2nd Line of Defense (2LoD) to advise, monitor, challenge and report to Senior...


  • Singapore ING Bank N.V. Full time

    OverviewThe Asia Non-Financial Risk (NFR) team provide 2nd Line oversights to the non-financial risk (including Operational Risk & Information Technology Risk) program for the Asia region. We are looking for someone to join the Locations & Products team within Asia NFR. Act as a 2nd Line of Defense (2LoD) to advise, monitor, challenge and report to Senior...


  • Singapore ING Full time

    OverviewThe Asia Non-Financial Risk (NFR) team provide 2nd Line oversights to the non-financial risk (including Operational Risk & Information Technology Risk) program for the Asia region. We are looking for someone to join the Locations & Products team within Asia NFR.  Act as a 2nd Line of Defense (2LoD) to advise, monitor, challenge and report to Senior...


  • Singapore ING BANK N.V. Full time

    Roles & ResponsibilitiesOverviewThe Asia Non-Financial Risk (NFR) team provide 2nd Line oversights to the non-financial risk (including Operational Risk & Information Technology Risk) program for the Asia region. We are looking for someone to join the Locations & Products team within Asia NFR.Act as a 2nd Line of Defense (2LoD) to advise, monitor, challenge...


  • Singapore ING BANK N.V. Full time

    Roles & ResponsibilitiesOverviewThe Asia Non-Financial Risk (NFR) team provide 2nd Line oversights to the non-financial risk (including Operational Risk & Information Technology Risk) program for the Asia region. We are looking for someone to join the Locations & Products team within Asia NFR.Act as a 2nd Line of Defense (2LoD) to advise, monitor, challenge...


  • Singapore The Maples Group (Financial Services) Full time

    Position:Assistant Vice President**Location:Singapore**The Maples Group is a standard bearer in financial and legal services, trusted by many of the world's largest hedge fund managers, private equity firms and international corporations.Our distinction flows from our carefully curated team: 2,500+ professionals characterised by tenacity, ethics and exacting...


  • Singapore MUFG Bank, Ltd., Singapore Office Full time

    Vice President, Head of Credit Risk Strategy & Planning page is loaded Vice President, Head of Credit Risk Strategy & Planning Apply locations Singapore Office Marina One Melbourne Branch Sydney Branch time type Full time posted on Posted 11 Days Ago job requisition id WD Do you want your voice heard and your actions to count?Discover your opportunity with...


  • Singapore Temasek International Pte Ltd Full time

    Senior Associate/Assistant Vice President, Risk Management (Investment Review Temasek International Pte Ltd Singapore Posted 3 days ago Permanent Competitive Overview Of The TeamThe Investment Review team is part of Temasek's Portfolio Strategy & Risk Group, that provides independent evaluations of proposals to invest in private and publicly listed...


  • Singapore TELENOR GROUP Full time

    CompanyTELENOR GROUPSingapore 307591, SingaporeCategoryCorporate functionsTypeFull TimeAbout the position:Telenor Asia in Singapore is set up as an ownership unit to oversee each of the four main operating companies (OpCos) in Malaysia, Thailand, Bangladesh and Pakistan. Telenor Asia is made up of Investment Management Teams responsible for oversight of each...


  • Singapore Hays Finance Technology Singapore Full time

    A New York Stock Exchange listed global bank is looking for a Senior Vice-President, Technology Risk.Your new companyA New York Stock Exchange listed global bank is looking for a Senior Vice-President, Technology Risk to join their team. This will be an expansion role as they seek to grow their team.Your new role To manage the Technology Risk Team in...


  • Singapore Great Eastern Full time

    Assistant Vice President - Underwriting (Financial Lines)Assistant Vice President - Underwriting (Financial Lines) Banking - Business (Banking & Financial Services) Full time Add expected salary to your profile for insights Your role is to execute the Financial Lines business plan to achieve both top-line growth and bottom-line profitability with a...

  • Vice President

    1 week ago


    Singapore Barclays Full time

    Vice President - Fixed Income LegalSingaporeAs a Barclays Vice President - Fixed Income Legal, you will be a lawyer in the APAC Markets Legal team based in Singapore and provide transactional support and legal and regulatory advice and risk management to the APAC Markets business, with a primary focus on fixed income, emerging markets, and the corporate risk...


  • Singapore Sumitomo Mitsui Banking Corporation Full time

    Assistant Vice President/Vice President, Internal Audit Department - SMBC Assistant Vice President/Vice President, Internal Audit Department - SMBC Sumitomo Mitsui Banking Corporation Singapore Posted 2 months ago Permanent Competitive As Regional Internal Auditor, you will add value and improve the bank's operations by bringing an efficient and...


  • Singapore HSBC Full time

    Job descriptionSome careers open more doors than others.If you're looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.HSBC Life in...


  • Singapore MUFG Bank, Ltd. Full time

    Do you want to have a real impact and share your voice? Discover your next opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group globally. We are a team of 160,000 colleagues worldwide, dedicated to making a positive difference for each client, organization, and community we serve. At MUFG, our core values revolve around...


  • Singapore Temasek International Pte Ltd Full time

    Overview Of The Team The Investment Review team is part of Temasek's Portfolio Strategy & Risk Group, that provides independent evaluations of proposals to invest in private and publicly listed companies, across the globe and in a wide range of industries. Roles & Responsibilities In co-operation with investment teams, the Senior Associate...


  • Singapore Temasek International Pte Ltd Full time

    Overview Of The Team The Investment Review team is part of Temasek's Portfolio Strategy & Risk Group, that provides independent evaluations of proposals to invest in private and publicly listed companies, across the globe and in a wide range of industries. Roles & Responsibilities In co-operation with investment teams, the Senior Associate...

  • Vice President

    1 week ago


    Singapore ACCEL TEAM PTE. LTD. Full time

    Job Title: Vice President of Mergers and Acquisitions (M&A) - Special Purpose Acquisition Company (SPAC)Location: Singapore (Based in SG, with a focus on SPAC opportunities in the US or Asia)Job Summary: As the Vice President of Mergers and Acquisitions for a Special Purpose Acquisition Company (SPAC) based in Singapore, your primary responsibility will be...


  • Singapore Teneo Full time

    The OpportunityA Vice President at Teneo is a core member of our account teams, responsible for helping execute strategic programs and communications initiatives in support of Teneo's clients. You will play a pivotal role in providing the highest quality of service to our clients and act as the day-to-day lead for all client projects and oversee team...


  • Singapore Temasek Full time

    Company : Temasek International Pte. Ltd.Dept : Strategic Development (SD)Position : Assistant Vice President/Vice PresidentOverviewThe Strategic Development (SD) team invests in global disruptive deep-tech ventures and business platforms. The SD team leverages its deep understanding of science and technology, global reach, technology investment acumen,...