Operational Risk Specialist, UOBAM
7 days ago
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
- Work closely with the Head of Risk and Management to ensure compliance with UOB Group policies and on various operational risk related initiatives;
- Develop and implement effective risk management frameworks, guidelines, procedures and processes to facilitate efficient and effective risk monitoring, reporting and communication;
- Oversee and perform annual Key Risk Control Self-Assessments exercise and monitor Key Operational Risk Indicators;
- 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;
- Engage and work closely with business units on outsourcing arrangements' reviews which are conducted in accordance with group policy and MAS Guidelines on Outsourcing;
- Prepare Operational Risk reporting and analytics to Risk Committees;
- Provide oversight on Business Continuity Management and Business Impact Analysis for UOBAM subsidiaries;
- 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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