Business Risk Specialist

7 days ago

Singapore Bank of Singapore Full time

Business Risk Specialist - Monitoring & Assurance (Assistant Manager/Manager)

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 opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today

This position within the Business Risk Management department is responsible to perform the Monitoring & Assurance (M&A) reviews in accordance with the M&A framework with a set of globally aligned methodologies, as well as location specific reviews. The incumbent will monitor any non-adherence to the existing requirements as set out in the bank's policies and highlight any potential misconduct and emerging risk to the relevant forum and parties.

Main Duties:

- Conduct reviews based on a risk-based program to assess that client facing staff meets the regulatory requirements and internal policy requirements, primarily on fair dealing practices, client suitability, sales and dealing practices, staff conduct matters, pricing, periodic reviews, and gift and entertainment controls.
- Analyse and identify any potential gaps in existing operational procedures
- Maintain internal documentation as evidence of work done.
- Explain M&A findings to staff and/or team being monitored.
- Manage stakeholders' expectations and ensure timely escalation.
- Participate in internal investigation especially relating to matters concerning staff misconduct issues.
- Consolidate and prepare surveillance findings and management reports to Senior Management.
- Collaborate with Front Office and functions within Risk department.
- Engage in Bank's or departmental projects.
- Coordinate internal training for staff including client facing staff.
- Continuous collaboration on the enhancement to the monitoring & surveillance procedures with global offices.

**Qualifications**

Work Experience Requirement:

- Minimum 3 years of experience in in Audit, Risk and Control or Compliance function, preferably in Private Banking environment
- Good knowledge of regulatory and compliance requirements such as fair dealing practices
- High level of integrity, independent, adaptable and committed with high level of initiative
- Needs to be inquisitive and have strong analytical skills and attention to details
- Strong interpersonal and professional communication skills
- Excellent team and organizational skills working with cross functional stakeholders
- Consummate team player with a positive, pragmatic, flexible and creative approach.
- Proficiency in Python and data analytic tools is a plus

Job ID 2400014F
- ABOUT COMPANY
- Bank of Singapore
- Singapore
Private Banking / Wealth Management

Asia's global private bank Bank of Singapore is a wholly owned subsidiary of OCBC Bank, Southeast Asia’s second largest bank. Headquartered in Singapo...

  • Business Risk Specialist

    2 weeks ago

    Singapore Hays Full time

    **Your new company** This multinational bank has a dynamic and multi-faceted working culture. This bank in Singapore encourages training and development for all employees. **Your new role** As an business risk specialist, you will be managing field of risks and provide solutions including risks, SIAIs, Audit Issues, and MRAs. Also, understanding the issues...

  • Business Development Manager

    2 weeks ago

    Singapore Risk Solutions Full time

    Business Development Manager Are you looking to join an industry-leading sales organisation? Will you like to join a global leader in Regulatory, Compliance and Risk Solutions? About the Business LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Business Services vertical, we offer a multitude of solutions focused...

  • Business Development Manager

    7 days ago

    Singapore Risk Solutions Full time

    Business Development Manager Are you looking to join an industry-leading sales organisation? Will you like to join a global leader in Regulatory, Compliance and Risk Solutions? About the Business LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Business Services vertical, we offer a multitude of solutions focused...

  • Business Development Risk Specialist

    2 weeks ago

    Singapore beBeeFraud Full time $80,000 - $120,000

    Business Development Risk Specialist">The primary objective of the Business Development Risk Specialist role is to enhance frontline risk culture and standards of excellence, particularly in relation to 1st party fraud risk management.">The team operates with consistent standards, controls, and levels of conduct, and valued behaviors. The specialist will...

  • Business Risk Specialist

    2 weeks ago

    Singapore UBS Full time

    Overview 2 weeks ago Be among the first 25 applicants. Get AI-powered advice on this job and more exclusive features. Job Reference #BR Job Type Full Time Your role Are you detail oriented with strong research capability? Do you have a strong sense of when things are not as they seem? Do you enjoy working in an ever-changing environment & solving complex...

  • Business Development Manager

    4 days ago

    Singapore LexisNexis Risk Solutions Full time

    Business Development Manager Are you looking to join an industry-leading sales organisation? Will you like to join a global leader in Regulatory, Compliance and Risk Solutions? About the Business LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Business Services vertical, we offer a multitude of solutions...

  • Business Risk Specialist

    4 days ago

    Singapore UBS Full time

    Singapore Risk Global Wealth Management Job Reference # BR City Singapore Job Type Full Time Your role Are you detail oriented with strong research capability? Do you have a strong sense of when things are not as they seem? Do you enjoy working in an ever-changing environment & solving complex tasks? Do you enjoy supporting Operating Head...

  • Business Risk Specialist, Business Risk Management

    2 weeks ago

    Singapore Bank of Singapore Full time

    Business Risk Specialist, Business Risk Management (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 and personal...

  • Business Process Risk Specialist

    2 weeks ago

    Singapore beBeeRisk Full time

    Job Title: Business Process Risk Specialist The primary function of the role is to conduct business process risk assessments and implement sustainable practices. This includes collaborating with stakeholders to develop strategic plans, identifying potential risks, and providing recommendations to mitigate these risks. A key aspect of the role is to...

  • Business Risk Management Specialist

    2 weeks ago

    Singapore beBeeRisk Full time $90,000 - $120,000

    Job Description">We seek a seasoned risk professional to join our organization in the capacity of Business Risk Specialist. The role will entail overseeing and mitigating business risks associated with private ventures.">Key Responsibilities">Conduct thorough risk assessments of business operations, identifying potential threats and developing mitigation...