Operational Risk Management Specialist

3 weeks ago


Singapore Citi Full time
Job Overview
Citi is a global bank with a strong presence in the Asia Pacific region. We are seeking an experienced Operational Risk Management Specialist to join our team in Singapore.

Responsibilities:
  • Develop and conduct challenge effectiveness reviews of Citi's Operational Resilience and Third-Party Risk Management Program within the business at the International cluster level
  • Apply operational risk management guidelines and procedures for identifying First Line of Defense (FLOD) risks in Asia South, Japan, Australia and North Asia
  • Pursue continuous improvement and challenge adoption of Lessons Learned during resilience and third-party related tests, exercises, and simulations
  • Support Enterprise Resiliency and Third-Party Risk Oversight tools development
  • Ensure Risk Governance framework operates efficiently, and operational losses are operating within the defined Risk Appetite parameters
  • Provide challenges on Key Indicators and Material Operational Risks
  • Work with First Line of Defense in the review of the documentation and reporting
  • Analyse, capture, and report risks. Collaborate with FLOD technical Subject Matter Experts (SMEs) and management regarding all aspects of Business and Technology recovery planning, contracts, and testing
  • Facilitate and disseminate best practices across all LoBs in the assigned regions
  • Assist resiliency and third-party managers and their teams to manage staff including training and career development plans and to ensure high morale among prevention, detection, and recovery staff
  • Champion enterprise resiliency and third-party awareness and best practice sharing with various stakeholders and aid in the development of continuity/resiliency risk management training modules
  • Raise the level of resiliency awareness among country officers and other related staff within the assigned regions

Salary:$120,000 - $180,000 per annum, depending on experience.

Requirements:
  • University degree; Graduate or postgraduate in Business Administration, Computer Science, Engineering or any other computationally intensive discipline
  • 5+ years of experience in Third-Party Risk, Business Continuity, Technology Disaster Recovery, Vendor Continuity, Operational Resiliency or Risk Management experience
  • Fluent English language skills
  • Skillful understanding of business continuity and disaster recovery management lifecycle
  • Thought leadership and clarity in presenting ideas to senior management
  • Proven technical knowledge of resilience and recovery principles and processes, to include up to date knowledge of current technology solutions, including Cloud and hybrid third party solutions
  • Knowledge of regulatory requirements underpinning standards, including, ISO, PRA/Bank of England, DORA, FFIEC, etc.

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