Business Risk Specialist

2 weeks 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...

  • Client Management, Benefits Solutions

    3 days ago

    Singapore Specialist Risk Group Full time

    Get AI-powered advice on this job and more exclusive features. Specialist Risk Group (SRG) is a company that specializes in creating solutions to challenging risk

  • Business Risk Specialist

    3 days ago

    Singapore Bank of Singapore, Asia's Global Private Bank Full time

    Business Risk Specialist - Monitoring Rules Development (Manager) Join to apply for the Business Risk Specialist - Monitoring Rules Development (Manager) role

  • Business Risk Specialist

    2 days ago

    Singapore THE EDGE CONTRACTING SERVICES PTE. LTD. Full time

    **Business Risk Specialist - 6 Months Contract - Singapore** We are looking for a meticulous and independent **Business Monitoring Analyst**to join our Private Banking Compliance team on a 6-month contract. This role focuses on **front office conduct monitoring**, **voice log reviews**, and **post-trade surveillance**to ensure alignment with regulatory and...

  • Business Risk Specialist

    2 weeks ago

    Singapore Trust Bank Singapore Limited Full time

    Trust is the first of a new breed of banks in Singapore - digitally native and focused on delivering a delightful customer experience. You will work in a fast-paced and collaborative environment to solve new and interesting challenges each day. Together with our Trust team, you will help shape the future of our bank. As a **Business Risk Specialist**, you'd...

  • Business Risk Specialist

    15 hours ago

    Singapore UBS Full time

    Singapore - Operations, Risk - Global Wealth Management **Job Reference #** - 260580BR **City** - Singapore **Job Type** - Full Time **Your role** - Are you passionate about risk and does innovation and risk mitigation interest you? Turn your passion into your profession and become a Business Risk Specialist. - We’re looking for a Business Risk...

  • Business Risk Specialist

    1 week ago

    Singapore UBS Full time

    Singapore - Risk - Global Wealth Management **Job Reference #** - 321063BR **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...

  • IT Risk Specialist

    3 days ago

    Singapore Taylor Root Full time

    We are seeking an experienced IT Risk Specialist with a strong control mindset and proven incident management capabilities. You will be responsible for identifying, assessing, and mitigating technology risks across trading platforms and infrastructure, while ensuring swift and effective response to incidents that could impact business operations. Key...

  • Threat Monitoring Specialist

    2 weeks ago

    Singapore Emergent Risk International Full time

    Emergent Risk International (ERI) is seeking to hire a **Threat Monitoring Specialist** in Singapore to join an existing global threat monitoring and analysis team embedded with one of our clients, a major technology company. The Threat Monitoring Specialist will preferably have experience working in threat monitoring for a public or private sector entity,...

  • Risk Management Specialist

    7 days ago

    Singapore US Risk Management Agency Full time

    **Duties**: - Expand and improve the crop insurance program throughout the region using various resources by staying abreast of agricultural developments and conditions. - Assess the need and interest for agricultural risk management tools for producers of specific agricultural commodities. - Research, assemble and release crop insurance actuarial materials...

  • Business Risk Specialist

    2 days ago

    Singapore Hays Full time

    **Your new company** My client is a top tier investment bank and they are currently looking for a Business Risk Specialist (KYC) to be part of the Front Line Support (FLS) team in WM Business Risk Organization Singapore. **Your new role** Do you know how to keep an eye out for and avoid risk? Are you skilled at assessing processes and making improvements?...