Operational Risk

2 weeks ago

Singapore Trust Bank Full time

Trust is the first of a new breed of banks in Singapore - digitally native and focused on delivering a delightful customer experience.

You will work in a fast-paced and collaborative environment to solve new and interesting challenges each day. Together with our Trust team, you will help shape the future of our bank.


As an
Operational Risk & Compliance Lead you'd be able to work on and solve many interesting challenges which we are facing, learn new ways of working, and help build delightful high quality products for our customers.


This role is accountable for enabling Trust's investment products across both managed and self-directed investments to meet their operational, risk, compliance and governance requirements.


The role sits within the business unit as a first-line owner and will collaborate with second-line risk and compliance owners to ensure processes, controls and policies are drafted, built and maintained on an ongoing basis with the ultimate goal of striking a balance between its delivery, operations and commercialisation and the Bank's overall governance and strategic direction.


The Role Responsibility:

Product Management

  • Identification of risk, compliance and operations milestones and tracking these milestones to closure

Product Building
High-level risk assessment for products to help identify key risks and propose mitigation

Identify the business and functional processes that are necessary for operationalisation of the product and delivery of the business propositionImplement key business processes and their sub processes (where relevant) and support the operationalisation of the product and delivery of the business propositionIdentify the key policies that the product needs to adopt and initiate steps to adapt them to product requirements (if applicable)Ensure that processes and policies are aligned with the Group Enterprise Risk Management Framework and associated Risk Type Frameworks and resolve ongoing operational and risk issuesEmbed Business Continuity Planning and Disaster Management processesTrain wider team on key risk management processes relevant to the business proposition

  • Support the product team in their preparations for golive, including helping them to secure required internal and external approvals

Risk Management and Governance


Conduct a risk and control self assessment on business and functional processes, maintenance of associated risk registers and controls documentation- Drafting and delivering the product programme governance document to ensure product offering is aligned with the Group Enterprise Risk Management Framework Monitor adherence to risk appetite and guide and assist teams to remediate risk appetite breaches.

Speak out on emerging risks across the portfolio.

Regularly evaluate and identify business risks for new products and new businesses, regulatory and thematic risks, and drive the implementation of appropriate and calibrated controls to mitigate these risks across the product portfolio.

Identify processes that involve material risks and ensure appropriate and calibrated control mechanisms are implemented and approved.

Act as a key escalation point for the business for all risk related events and incidents and queries that arise at your assigned products.

Support your assigned products in reducing the impact of operational risks and minimising events, including losses, and ensuring material operational events are investigated to prevent recurrence.

Perform root cause review of material operational risk events for institutional learning and enhancement of controls.

  • Ensure that all required risk management information and metrics are captured at your assigned products (eg. Risk Appetite, Risk Profile, Control Completion, Material Risk Events etc).

Regulatory and Business Conduct
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the product portfolio.

  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters at your assigned product.

Role Specific Technical Competencies:

Skill

Target proficiency level


Knowledge of Financial and Non-Financial Risk Types and hands on experience in managing one or more financial or non-financial risks in a business or function.

Advanced

Understanding of Operational Risk Practice and Assessment of Operational Risks in Business Processes.

Advanced

Knowledge of Business Processes and controls in one or more business or functional areas.

Advanced

Knowledge of Risk Appetite, Risk Metrics, Control Self Assessments etc.

Advanced

  • Bachelor's Degree
  • 10 years' experience in risk management and programme management.
  • Business acumen and an entrepreneurial mindset.
  • 510 years of executive operational experience overseeing all risks and compliance aspects of a Capital Markets Services Licensee (CMSL) or equivalent
  • Clear understanding of the Bank's Enterp

  • FRM - Stress Testing & Risk Data Management, Vice President

    2 weeks ago

    Singapore Risk & Insurance Management Society Inc Full time

    Firm Risk Management (FRM") FRM supports Morgan Stanley (the Firm") in achieving its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of financial risks, including credit, market, liquidity, and...

  • Operational Risk

    2 weeks ago

    Singapore Mizuho Bank Full time

    Overview of Division/Department Operational Risk Management (OPRM) is to support the strategic objectives and plans set forth by the management of Singapore Administration Department. OPRM is responsible for planning, promoting and coordinating activities necessary to maintain and improve the quality of Mizuho's operational infrastructures. Its primary...

  • Operational Risk

    2 weeks ago

    Singapore Prudential plc Full time

    Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our...

  • Operational Risk Manager

    4 weeks ago

    Singapore TENTEN PARTNERS PTE. LTD. Full time

    Roles & ResponsibilitiesOur client, a digital wholesale bank is seeking a talented Operational Risk Management Specialist to join our dynamic team. Reporting directly to the Head of Operational Risk, this role will play a pivotal role in overseeing various facets of operational risk management, including Outsourcing, Business Continuity, New Product...

  • Operational Risk Manager

    2 months ago

    Singapore TENTEN PARTNERS PTE. LTD. Full time

    Roles & ResponsibilitiesOur client, a digital wholesale bank is seeking a talented Operational Risk Management Specialist to join our dynamic team. Reporting directly to the Head of Operational Risk, this role will play a pivotal role in overseeing various facets of operational risk management, including Outsourcing, Business Continuity, New Product...

  • Banking: Operational Risk

    2 weeks ago

    Singapore The Resolute Hunter Pte Ltd Full time

    Seeking for a talent in Operational risk with minimum 3 years of Operational risk in Banking industry*THE COMPANYThis is an established brand name and the company is well-known in the market for their products and services. Currently, the bank seeks for an Operational Risk (Senior Officer/Assistant Manager) to be part of their risk team.JOB...

  • Operational Risk Manager

    2 weeks ago

    Singapore AMIDA GLOBAL PTE. LTD. Full time

    Responsibilities: Develop and implement the operational risk management framework and policies Identify, assess, and manage operational risks across the organization Monitor the effectiveness of operational risk controls and escalate issues to senior management as necessary Conduct risk assessments and provide recommendations for risk mitigation strategies...

  • Operational Risk Manager

    2 weeks ago

    Singapore TRITON AI PTE. LTD. Full time

    Roles & ResponsibilitiesA leading financial technology company focusing on digital payment solutions and financial inclusion across Asia-Pacific is looking for an experienced Operational Manager Develop, implement, and maintain robust operational risk management frameworks Define and manageoperational risk policies, standards and processes, in accordance...

  • Vp Operational Risk

    2 weeks ago

    Singapore Ashford Benjamin Ltd. Full time

    Ashford Benjamin are hiring on behalf of growing Securities House who are recruiting for a VP Operational Risk professional to join their wider risk management function. The job holder will be responsible for all operational risk incident collection, investigation, monitoring, and reporting. Furthermore, the incumbent will manage Risk & Control Self...

  • Banking: Operational Risk

    2 weeks ago

    Singapore The Resolute Hunter Pte Ltd Full time

    THE COMPANYThis is an established brand name and the company is well-known in the market for their products and services. Currently, the bank seeks for an Operational Risk (Assistant Manager/AVP) to be part of their risk team.JOB RESPONSIBILITIES Monitor branch's operational risk assessment Support BCP exercise and stress test and review impact on...

  • Banking: Operational Risk

    2 weeks ago

    Singapore The Resolute Hunter Pte Ltd Full time

    The Resolute Hunter Pte LtdSingaporePosted 1 day ago Hybrid Permanent Competitive M POSTED BY Marie Tay RecruiterFollow- *Seeking for a talent in Operational risk with minimum 3 years of Operational risk or Internal or External Audit experience in Banking industryTHE COMPANYThis is an established brand name and the company is well-known in the market for...

  • Operational Risk Manager

    1 month ago

    Singapore TENTEN PARTNERS PTE. LTD. Full time

    Key Responsibilities: Develop, implement, and maintain the Operational Risk Management (ORM) framework, encompassing policies, procedures, and relevant templates. Conduct comprehensive trainings to enhance awareness and capability in Operational Risk Management. Provide expert advice on frameworks, issue and incident lifecycle management, and risk...

  • Operational Risk Manager

    4 weeks ago

    Singapore TENTEN PARTNERS PTE. LTD. Full time

    Key Responsibilities: Develop, implement, and maintain the Operational Risk Management (ORM) framework, encompassing policies, procedures, and relevant templates. Conduct comprehensive trainings to enhance awareness and capability in Operational Risk Management. Provide expert advice on frameworks, issue and incident lifecycle management, and risk...

  • Banking: Operational Risk

    2 weeks ago

    Singapore The Resolute Hunter Pte Ltd Full time

    THE COMPANYThis is an established brand name and the company is well-known in the market for their products and services. Currently, the bank seeks for an Operational Risk (Assistant Manager/AVP) to be part of their risk team.JOB RESPONSIBILITIES Analyze impact on operational risk:New transactions New products New technologies Any amendments/updates to...

  • Vp, Operational Risk

    2 weeks ago

    Singapore Charterhouse-SG Full time

    Job details: Location: Singapore Job Type: Permanent Discipline:Banking & Financial ServicesReference: BF/XK/VPORIB/ C Posted: 5 minutes ago Consultant: Xuan Kwok Consultant Phone:Share this job:Job description:Charterhouse Partnership is partnering with an Investment Bank to source for an Operational Risk VP. Seated under line 2, the role is a blend of...

  • Banking: Operational Risk

    2 weeks ago

    Singapore The Resolute Hunter Pte Ltd Full time

    _Seeking for a talent in Operational risk with minimum 4 years of Operational risk or Internal or External Audit experience in Banking industry_THE COMPANYThis is an established brand name and the company is well-known in the market for their products and services. Currently, the bank seeks for an Operational Risk (Assistant Manager/AVP) to be part of their...

  • Operational Risk Manager

    2 weeks ago

    Singapore Prudential plc Full time

    Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career...

  • Senior Engagement Manager

    2 weeks ago

    Singapore Risk Solutions Full time

    About the roleAs a Senior Engagement Manager, you'll work on an ongoing basis with our largest customers to drive the utilization of the LexisNexis Digital Identity Network to create positive business outcomes.You'll pair with Strategic Account Managers to identify and explore opportunities to leverage LexisNexis Risk Solutions data and services to protect...

  • Education Program Mgr

    2 weeks ago

    Singapore Risk Solutions Full time

    Education Program ManagerAre you interested in delivering best-in-class training content?Do you enjoy being part of a team that works with a diverse range of technology?About the BusinessLexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Business Services vertical, we offer a multitude of solutions focused on helping...

  • Operational Risk Analyst

    2 weeks ago

    Singapore Ambition Full time

    Job details:Posted 03 March 2023SalaryS$ S$ per annumLocationSingaporeJob type PermanentDisciplineBanking & Financial ServicesReference263758_ TitleOperational Risk AnalystDescriptionOur client, a leading European Bank, is looking for an Operational Risk Analyst to actively participate in the internal control and operational risk management processes....