Head of Operational Risk

2 weeks ago


Singapore EFG International Full time

In your role, you will be reporting to the Regional Chief Risk Officer (RCRO). Acting as a 2nd Line of Defense (SLoD) role in EFG AG, Singapore Branch ("the Branch"), the incumbent collaborates and coordinates with a team of risk specialists comprising expertise in Governance and Control, Operational Risk. The incumbent supports the RCRO Asia by being in charge, in the SLoD, of the Branch - non-financial risks: executing the global and function ORC mandate by leading and representing the ORC function when cooperating and/or interfacing with internal stakeholders (e.g. local Management, 1st Line of Defense teams, Group Risk functions) and external parties (e.g. external Auditors, Regulators).

Your main responsibilities include:

- Ensure implementation of the Operational Risk Management and Governance Framework in line with Group and local regulatory requirements and industry practices.
- Review and report (locally and to Group Operational Risk Control), the Branch's operational risk profile, identify and mitigate risk control gaps
- Define, implement and monitor KRIs to enable risk oversight by Group and Local Management
- Lead local and/or Group initiatives that enhance the operational risk management capability of the Branch
- Provide generic operational risk or specific (e.g. fraud) training to the relevant Branch staff
- Review control processes to ensure design and operational effectiveness and efficiency and, where an incident is of an operational risk nature under the Group Operational Risk mandate, lead investigations and follow up on remediation as applicable

This role is also designated as a SG Material Risk Personnel (SG MRP) under the MAS Individual Accountability and Conduct Framework who is responsible for managing and conducting the Branch's core function and is required to provide strong oversight.

**Role Requirement**
- At least 8 years of relevant Operational Risk Control experience, preferably in the Private Banking business.
- Strong internal control and risk management knowledge
- Good understanding of the regulatory landscape and the impact on the business strategies
- Strong problem-solving skills, and highly resourceful team-player with the ability to also be effective independently
- Ability to multi-task and contribute to a wide range of projects
- Ability to work under pressure, meet tight deadlines, and prioritise effectively
- Good commercial awareness especially about the Private Banking industry

EFG Bank is the Swiss private banking subsidiary of EFG International. Headquartered in Zurich, it has an international network spanning Europe, Asia Pacific, Middle East and Latin America, and manages assets for private clients all over the world. The bank’s services comprise asset management and investment counselling, investment funds, securities brokerage, estate planning and a full array of banking services. EFG Bank offers a stimulating and dynamic work environment.



  • Central Singapore Emprego SG Full time

    **Location** - Singapore, Central Singapore**Job Type** - Full Time**Salary** - $9,000 - $12,000 Per Month**Date Posted** - 5 hours agoAdditional Details **Job ID** - 112541**Job Views** - 3Roles & Responsibilities **Job Profile Summary**: Reporting to Head of Enterprise Risk Management, you will oversee operational risk management and recommend relevant...

  • Head of Risk

    6 days ago


    Singapore Arab Banking Corporation Full time

    Key stakeholder in establishing the risk framework for Asia within the Bank’s Group Risk Policy and Strategy. In addition, work with Group Risk Management to ensure that risk appetite is set in line with Group guidance, Board direction and local regulatory requirements. That the risk appetite drives the strategy adopted by ABC Singapore and that the annual...


  • Singapore Bank of Singapore Full time

    At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and...


  • Singapore LexisNexis Risk Solutions Full time

    Head of Strategic Accounts, Singapore page is loaded Head of Strategic Accounts, Singapore Apply locations Singapore - Risk Winsland House time type Full time posted on Posted Today job requisition id R Head of Strategic Accounts, Singapore Do you enjoy selling solutions in Financial Crime & Compliance and Fraud & Identity? Will you like to join a...

  • Head, Risk

    5 days ago


    Singapore THE EDGE PARTNERSHIP HOLDINGS PTE. LTD. Full time

    Working with our client, in diversified business within energy & environment, urban development, connectivity and asset management to hire an **Assistant General Manager / Head - Risk (Group Risk and Compliance). **This is a leadership role for the GRC Risk team and across Risk Management in the Group, reporting into Group Head, GRC to manage the execution...


  • Singapore AMUNDI SINGAPORE LIMITED Full time

    The Head of Risk, Singapore is required to have an overview of all types of risks related to the portfolios managed by the entity. He/she will have a transversal role in the day-to-day management of these risks for Amundi South Asia. All these under the supervision of Head of Risk, South East Asia. 1. **GLOBAL RISK MONITORING**: He/she will manage, control...


  • Singapore Bank of Singapore Full time

    At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and...


  • Singapore Bank of Singapore Full time

    At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and...


  • Singapore Prudential Full time

    Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career...

  • Head of Sales

    24 hours ago


    Singapore Head of China Operations Full time

    Head of Sales, Southeast Asia (CAE Software) Location: Singapore Reports To: Chief Executive Officer (CEO) Role Overview This is a founding position as our first local commercial hire in Singapore. Your mandate is to take our CAE (Computer-Aided Engineering) software from market entry to scalable growth across Southeast Asia. Key Responsibilities ...