AVP RBWM Risk and Control RBWM CCO
1 month ago
We are seeking a highly experienced and skilled Risk and Control Specialist to join our team as an AVP RBWM Risk and Control RBWM CCO. The successful candidate will be responsible for leading the First Line of Defence Risk Management Framework for SGH WPB, ensuring sound processes are in place to minimize operational risk in the WPB business, and driving best operational practice through Risk & Control activities.
Key Responsibilities:- Lead the First Line of Defence Risk Management Framework for SGH WPB
- Develop and implement appropriate Risk Control Assessment (RCAs), Control Monitoring Assessment (CMA), Key Risk Indicator (KRIs), and Risk Appetite
- Provide oversight over the control and risk assessments, and monitoring in country
- Report and oversee governance at applicable risk forums
- Work jointly with the Non-Financial Risk (NFR) lead to implement the new Operational Risk framework and integrate the output back into the WPB BAU Risk Framework
- Lead a team of Quality control reviewers for Account opening quality checks
- Perform Quality Assurance on SQ checks done by SQ Analysts
- Ensure the Quality Control tasks for account opening for clients are completed accurately and timely
- Timely report financial crime risk metrics under the Scorecard to incentive team
- Provide feedback and observation to distribution teams for any trends observed during the course of QC
- Review QC appeals by working closely with BFCR team
- Good understanding of operational risk and controls, preferably gained through experience in front line and risk roles
- A good understanding of Financial Crime Risks and MAS notices on Security Futures Act/Financial Advisory Act
- Proven problem-solving skills with ability to consider alternative and lateral solutions
- Highly developed communication and influencing skills
- Ability to prioritize and work independently under pressure within a team environment
- Knowledge of the changing regulatory environment
- A sound knowledge of the Group and the WPB business, including products & services
- Possess leadership, management, and coaching skills
HSBC is committed to building a culture where all employees are valued, respected, and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working, and opportunities to grow within an inclusive and diverse environment.
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
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