Operational Risk Specialist, UOBAM

7 days ago


Singapore United Overseas Bank Full time

About the Role


This is an exciting opportunity to join United Overseas Bank as an Operational Risk Specialist in our Asset Management team. As a key member of the Risk Management unit, you will be responsible for providing operational risk monitoring, reporting and oversight within UOBAM Group.



Key Responsibilities

  1. Work closely with the Head of Risk and Management to ensure compliance with UOB Group policies and on various operational risk related initiatives;
  2. Develop and implement effective risk management frameworks, guidelines, procedures and processes to facilitate efficient and effective risk monitoring, reporting and communication;
  3. Oversee and perform annual Key Risk Control Self-Assessments exercise and monitor Key Operational Risk Indicators;
  4. Review incident reports and ensure all incidents are reported timely to GORM; identify root-cause of incidents and ensure all action plans are closed and effectively prevent future occurrence;
  5. Engage and work closely with business units on outsourcing arrangements' reviews which are conducted in accordance with group policy and MAS Guidelines on Outsourcing;
  6. Prepare Operational Risk reporting and analytics to Risk Committees;
  7. Provide oversight on Business Continuity Management and Business Impact Analysis for UOBAM subsidiaries;
  8. Collaborate with various business units to promote a strong 'risk aware' culture throughout UOBAM Group and facilitate effective risk communication to UOBAM subsidiaries and to UOB Group.


Requirements

  • A degree holder with at least 5 years of working experience in the fund management/banking/insurance industry as an operational risk analyst/manager or internal auditor;
  • Familiarity with front-to-back office processes and controls;
  • Proactive, curious and able to conduct root cause analysis and have the courage to challenge processes/frameworks;
  • Ability to work well under pressure and tight deadlines;
  • Meticulous, analytical and able to work independently;
  • A good team player who is able to effectively interact with various business units;
  • Possess the ability to kick-start and see-through process improvement initiatives to enhance work efficiency and productivity;
  • Strong written and presentation skills and excellent interpersonal skills;
  • Previous experience with BWISE GRC system will be an added advantage;
  • Programming knowledge and strong Microsoft Excel skills are preferred.


Estimated Salary: SGD 120,000 - 180,000 per annum

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