Risk Management Lead

4 days ago


Singapore DBS Bank Limited Full time
Job Overview
Risk management is a critical function in any organization, and DBS Bank Limited is no exception. The Risk Management Group (RMG) at DBS Bank Limited is responsible for developing and maintaining risk management and internal control frameworks. We provide independent review and challenge to the business to ensure that appropriate balance is considered in risk/return decisions.

The role of VP of Compliance will be responsible for managing the end-to-end validation process for the BCBS 239 compliance validation programme.

Key Responsibilities
  • Design and implement validation testing processes and procedures for BCBS 239 compliance validation
  • Lead validation testing activities and manage the validation workflow
  • Guide junior team members in their tasks
  • Maintain an efficient and auditable database of validation records and evidence
  • Participate in 2nd Line thematic Reviews for Data Management

Validation and Testing
  • Evaluate and validate data aggregation and reporting processes to ensure compliance with BCBS 239 principles
  • Develop and maintain a repository of validation test questions covering all aspects of BCBS 239
  • Plan and perform validation reviews and testing on policies and processes of various units in scope
  • Initiate engagement processes and guide discussions with key stakeholders to ensure collaborative approaches to agreeing validation outcomes

Reporting and Monitoring
  • Monitor and report the bank's status of compliance with BCBS 239 and implementation status of remediation actions
  • Liaise with stakeholders to track implementation of remediation plans and outcomes
  • Prepare compliance status reports to the Board, Senior Management and/or regulators
  • Act as deputy for the Head of Compliance Validation, where appropriate


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