Senior Manager, Operational Risk

2 weeks ago


Singapore WESTPAC BANKING CORPORATION Full time
Roles & Responsibilities

Role Title: Senior Manager, Operational Risk & Assurance, Singapore / Asia

Role location: Singapore Based

How will I help?

As the Senior Manager, Operational Risk & Assurance, Singapore / Asia, you will be responsible for providing independent operational risk oversight, insight, and advice to the WIB LOBs and enabling functions primarily in Singapore Branch, with regional Asia-level coverage as directed. You will be responsible for performing thematic and deep-dive reviews, as well as planned and independent examinations that align with the Group's 2nd Line Assurance Standard as directed.

You will also:

  • Review and challenge whether operational risks have been identified and assessed appropriately across all activities in Singapore Branch, and Asia.
  • Identify and understand operational risks that may not have been identified by the 1LOD businesses and enabling functions in, or impacting Singapore Branch / Asia.
  • Speak up where risks or other concerns are identified, mitigating actions are inadequate, or where actions / intents do not align with Westpac purpose, values, and behaviours.
  • Adhere to the Group's operational risk management frameworks, policies, processes, procedures, controls, methodologies, and standards, and relevant regulations.
  • Provide oversight of the 1LOD's adherence to the same.
  • Provide oversight, insight, and advice to support effective operational risk management, and issue and incident management within the Group's policy and risk thresholds, as well as relevant regulations.
  • Act as an escalation point for high risk, high impact, and complex issues and incidents.
  • Monitor and report on risks, issues and incidents, and control effectiveness across the end-to-end value chains relevant to Singapore Branch / Asia for proper and timely resolution of known concerns, and a well-controlled operating environment to implement the Group's strategy.
  • Report material risk exposures and associated issues to the Asia Risk and Compliance Committee.
  • Monitor that operational risk and control data originated by Singapore Branch / Asia is complete, accurate, and timely.
  • Plan and deliver regulatory-mandated assurance reviews to senior management with independent and objective evaluation of the adequacy and effectiveness of governance, risk management, and internal controls in accordance with the Group's 2LOD Assurance Standard.

What's in it for me?

The Senior Manager, Operational Risk & Assurance, Singapore / Asia, is an important new role and will be critical in providing independent operational risk oversight, insight, and advice to the WIB LOBs and enabling functions primarily in Singapore Branch, with regional Asia-level coverage as directed.

You will have access to a comprehensive range of Westpac benefits including flexibility and various leave entitlements.

What do I need?

This role suits somebody with:

  • Degree qualification with at least 7 years of experience in the corporate & institutional banking environment.
  • Experience in Risk and Control Advisory, and Internal Audit or similar Assurance roles.
  • Ability to see the big picture yet not lose sight of detail where detail matters. Able to observe, analyse and synthesise information, and connect the dots to form clear recommendations. Able to articulate, defend, or modify these views as needed.
  • Proven ability to engage collaboratively with stakeholders to understand situations, explore options, and drive for the right outcomes.
  • Ability to courageously voice your views even if they may be unpopular to ensure the right outcome for the organisation.
  • Written and verbal proficiency in English. A good command of Mandarin would be an added advantage as there will be assurance review of the China branches.

What's it like to work here?

When you join, you'll become part of the broader Westpac Group family – where we aim to be a friendly, switched-on team working for a single purpose - Creating Better Futures Together – it's what we do, who we are and why we come to work every day. As an equal opportunity employer, we're proud to have created a culture where people can be their best, in an environment that values diversity and flexibility. Within the Westpac Group, you will be part of the Institutional Banking division, where our vision is to be a high performing and innovative institutional bank, committed to enabling the growth of our global clients, our economy, and delivering sustainable shareholder returns.

How do I Apply?
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Tell employers what skills you have

Assurance
Risk Management
Strategy
Internal Controls
Operational Risk Management
Compliance
Entitlements
Banking
Operational Risk
Articulate
Audit
Incident Management
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