Business Risk

4 weeks ago

Singapore D L RESOURCES PTE LTD Full time
Roles & Responsibilities

Job Description

As a member of our client's Private Bank Business Risk & Control Management (BRCM) team, you will play

an important role in exercising risk oversight over front office activities through quality assurance

checks.

Specifically, this role will focus on conducting quality assurance through regular/thematic testing

and ongoing post transaction reviews. You may be required to drive risk and control initiatives

across Private Bank to implement new regulatory requirements or controls enhancement.

This role entails:

- Post trade surveillance (tape listening, email surveillance) for client accounts.

- Develop subject matter expertise on investment products and related regulatory

requirements and Front office controls (e.g. Investment Suitability / Anti-Fraud).

- Identify root causes and propose corrective actions to regularise process related exceptions.

- Interact with Front Office staff to provide testing results, analyse disputes and conduct

reassessments whenever necessary.

- Participates in discussions with business and risk partners on risk/process issues (e.g.

Compliance, COO functions, Internal/External Audit).

- Recommends and implements enhancements to improve effectiveness and efficiency of

Controls Framework and related processes.

- Provide sound and pragmatic risk advisory to Front Office and support function for

initiatives/activities and project

Requirements

- Minimum 2 – 3 years experience in a Quality Assurance (QA) / controls testing or

surveillance function.

- Good knowledge of front office processes and internal controls within a private bank set-up

- Team player, partnering with other colleagues to achieve a common goal

- Proven ability to balance business needs and controls requirements

- Independent, able to work under pressure and deliver testing results

- Effective communication and analytical skills; and has demonstrated the ability to work

effectively with all levels within the organization

- Knowledge of Excel VBA is an advantage

Here's what you'll be doing (Recruiter's Explanation): Listening to recorded calls and reviewing emails of front-office staff to check for any non-compliance or risky behavior in how they deal with clients. If you spot any issues, you'll propose corrective actions. Sometimes, the front-office staff might dispute your findings, and you'll need to reassess and defend your evaluation professionally.

To do this well, you'll need a good understanding of private banking products, such as: Unit Trusts, Structured Notes (e.g., Equity-Linked Notes, Credit-Linked Notes), Dual Currency Investments, Bonds, Equities, Accumulators / Decumulators, FX and FX derivatives, Discretionary Portfolio Management (DPM) services. It's also helpful to have knowledge of the full trade lifecycle – from client order placement to execution, settlement, and post-trade checks. You'll work closely with risk, compliance, audit, and operations teams to strengthen controls and support new regulatory requirements. Strong communication, attention to detail, and the ability to work independently are important in this role.

Tell employers what skills you have

Front Office
Tape
Derivatives
Currency
Quality Assurance
Dispute
Private Banking
VBA
Business Risk Management
Auditor
Internal Controls
Surveillance
Compliance
Risk Advisory
Portfolio Management
Bonds
Unit Trusts
Excel VBA
Audit
Equities

  • Business Development Manager

    14 hours ago

    Singapore Risk Solutions Full time

    Business Development Manager, SEA Are you an experienced consultative sales professional who loves selling to the Petrochemical and Energy industry? Are you motivated to achieve targets and goals? About the Business At ICIS, our mission is to optimize the world’s resources. We help companies make strategic, sustainable decisions by bringing transparency...

  • Head of Business Development, APAC

    1 day ago

    Singapore LexisNexis Risk Solutions Full time

    Head of Business Development, APAC page is loaded Head of Business Development, APAC Apply locations Singapore - Risk Winsland House time type Full time posted on Posted 27 Days Ago job requisition id R98563 Head Business Development, APAC Are you a sales leader with proven success in building an effective team in APAC? Will you like to join a Global...

  • Head of Business Development, APAC

    1 week ago

    Singapore LexisNexis Risk Solutions Full time

    Head of Business Development, APAC page is loadedHead of Business Development, APACApply locations Singapore - Risk Winsland House time type Full time posted on Posted 27 Days Ago job requisition id R98563Head Business Development, APACAre you a sales leader with proven success in building an effective team in APAC?Will you like to join a Global Leader in...

  • Business Risk

    15 hours ago

    Singapore Grant Thornton Singapore Pte Ltd. Full time

    Business Risk (Financial Services) Senior Consultant Grant Thornton Singapore is looking for a Business Risk (Financial Services) Senior Consultant. Job type: Full time Categories: Advisory/Internal audit /Business risk Our team helps organisations tackle issues around governance, risk, and controls so that they can make strategic and risk-informed...

  • Business Risk Manager, Business Risk Management

    3 days ago

    Singapore Bank of Singapore Full time

    At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and...

  • Business Risk Specialist, Business Risk Management

    3 days ago

    Singapore Bank of Singapore Full time

    At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and...

  • Risk Management Specialist

    5 days ago

    Singapore US Risk Management Agency Full time

    **Duties**: - Expand and improve the crop insurance program throughout the region using various resources by staying abreast of agricultural developments and conditions. - Assess the need and interest for agricultural risk management tools for producers of specific agricultural commodities. - Research, assemble and release crop insurance actuarial materials...

  • Consultant, Business Consulting

    1 week ago

    Singapore RSM RISK ADVISORY PTE. LTD. Full time

    Conduct assessments of internal controls, identifies areas of improvement in business processes to better manage business risks - Propose recommendations to improve organisational workflow and to better manage costs and improve profits - Support on: - ESG Advisory projects (e.g. Sustainability reporting and Greenhouse Gas Audits) - Technology and...

  • Business Risk Associate

    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 a **Business Risk Associate, **you'd...

  • Business Risk Specialist

    2 weeks ago

    BOS Singapore OCBC Full time $80,000 - $120,000 per year

    Bank of Singapore opens doors to new opportunities.At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive...