Operational Risk Manager, Singapore

6 days ago

Singapore ING Bank N.V. Full time

**JOB DESCRIPTION**

**Department**:Operational Risk Management

**Position**:Operational Risk Manager, Singapore

**Location**:Singapore

**Reports to**:Head of Non-Financial Risk, Asia

**ROLE SUMMARY & PROFILE**

**Overview**

To challenge, advise, support and perform research for the benefit of management and 1st Line of Defence (1LoD) in the development, definition and implementation of Non-Financial Risk Management in Asia. To ensure that the 1LoD operates in accordance with internal policies and standards, such that the costs of risk and the capital reserve under control. To encourage/provide support in order to ensure that 1LoD becomes an integral part of business operations, with the aim of managing the Non-Financial Risks for the bank and contributing to the reliability and integrity of the bank's products, services and employees.

**Responsibilities**

Governance & Advice
- Maintain the framework and manages it as a basis for operational activities.
- Advise 1LoD on Non-Financial Risk framework matters.
- Consult, advises and supports 1LoD on Non-Financial Risk set-up, procedures and measures.
- Identify and monitors relevant developments in the field, both within and outside the organisation, and incorporates findings in policy and procedures.
- Support running of local Non-Financial Risk Committee chaired by Country Branch Manager.

Risk Identification & Risk Assessment
- Identify risks in conjunction with management and the 1LoD, with due regard for the interests of parties involved (bank, customer, third parties).
- Investigate risks and events, conducts desk research, researches individual cases and makes an analysis. Helps prioritise risks and performs assessments in conjunction with management.

Risk Mitigation & Risk Awareness
- Guide and support 1LoD in the creation of an implementation risk mitigation plan.
- Communicate policy and guidelines to management and employees.
- Encourage risk awareness and a sense of responsibility among management and employees in relation to Non-Financial Risk.
- Advise and assist in the implementation of new and updated Non-Financial Risk policy, procedures, and measures.
- Point of contact for the reporting of and for queries relating to Non-Financial Risk events and issues.

Monitoring and Reporting
- Check that the 1LoD is complying with Risk Appetite, and that Operational Risks are being managed and escalated where necessary.
- Monitor progress in Risk Mitigation activities, create reports and feed back to management of the business unit, second line and Operational Risk functional line.
- Support running of Local Non-Financial Risk Committee chaired by Country Manager.

**Requirements**:

- Degree or above with major in Accounting, Finance, Economics or related discipline
- Minimum 10 years’ relevant Non-Financial Risk and Risk Analytics experience preferably in financial institution
- Experience in Wholesale Banking products, processes, and controls
- Ability to analyze, collate and understand the business requirements
- Strong organizing and project management skills
- Ability to lead and drive projects and initiatives
- Self-motivated, proactive, and able to work on own initiative
- A strong team player with good interpersonal skills who is able to work well with others
- High proficiency in spoken and written English

  • Risk & Control Manager, Operations - Risk &

    2 weeks ago

    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...

  • Risk Manager- Operational Risk Event Management and

    2 weeks ago

    Singapore Bank of Singapore Full time

    Risk Manager - Operational Risk Event Management and Quality Assurance (Assistant Vice President) 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...

  • Senior Operational Risk Manager

    2 weeks ago

    Singapore RHB Singapore Full time

    Company Description RHB Singapore is a progressive and growing financial organization. We are committed to creating a fulfilling, dynamic and engaging work environment for our team of more than 15,000 employees across nine locations in ASEAN, China and Hong Kong. **Job Description**: **Primary Objective** Contribute to build a risk-based business...

  • Senior Operational Risk Manager

    5 days ago

    Singapore RHB Singapore Full time

    Company Description RHB Singapore is a progressive and growing financial organization. We are committed to creating a fulfilling, dynamic and engaging work environment for our team of more than 15,000 employees across locations in ASEAN. **Job Description**: **Primary Objective** Contribute to build a risk-based business competitive advantage for all...

  • Risk Consulting Country Manager Singapore

    2 weeks ago

    Singapore CATLIN SINGAPORE PTE. LTD. Full time

    **Risk Consulting Country Manager Singapore** Singapore We are looking for a Country Manager in Singapore to manage the risk consulting activity (resources, budget / P&L, client servicing, UW & claims partnership) for the country and ensure adequate servicing delivery for underwriting and external clients. You will report to the Risk Consulting Regional...

  • Manager, Operational Risk Management

    2 weeks ago

    Singapore RHB Singapore Full time

    Company Description RHB Singapore is a progressive and growing financial organization. We are committed to creating a fulfilling, dynamic and engaging work environment for our team of more than 15,000 employees across nine locations in ASEAN, China and Hong Kong. **Job Description**: **PRIMARY OBJECTIVES**: - Assist Head Operational & Technology Risk...

  • Head of Risk, Singapore

    2 weeks ago

    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...

  • Risk Specialist

    7 days ago

    Singapore Bank of Singapore Full time

    -Bank of Singapore Singapore Posted 7 hours ago Permanent Competitive - Risk Specialist - Operational Risk Event Management and Quality Assurance (Associate Director)- 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...

  • Operational Risk Manager

    2 days ago

    Singapore VP Bank Ltd Singapore Branch Full time

    VP Bank Ltd was founded in 1956 and, with over 1'000 employees, ranks amongst the largest banks in Liechtenstein. VP Bank is present with offices in Vaduz, Zurich, Luxembourg, Singapore, Hong Kong and Road Town (British Virgin Islands). Its core competencies include the development of tailor-made financial solutions for intermediaries and private individuals...

  • Operational Risk Manager

    1 week ago

    Singapore PRUDENTIAL ASSURANCE COMPANY SINGAPORE (PTE) LIMITED Full time

    As part of the Enterprise Risk Management team, you will assist in operational risk management, risk committee reporting, incident reporting & analysis tion in Prudential Assurance Company Singapore. - Work closely with all departments to guide and exercise strong oversight on PACS risk register, incident reporting, process gaps and controls analysis, and...