Head of Operational Risk Management

2 weeks ago

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 risk management strategies, implement enterprise-wide assessment framework for significant current and emerging operational risks, including monitoring that actions are in place to mitigate exposure within risk appetite. In addition, you will manage reporting to risk committees and regional office for key risks indicators.

**Job Descriptions**:

- Exercise strong second line oversight on Operational risk environment of PACS
- Lead early identification of operational risks across the organization, including initiatives, for forward looking risk management
- Incident and issues management to improve the control environment and ensure that control/ governance gaps are addressed/ remediated
- Collaborate and educate business units and strengthen maturity of risk awareness
- Implementation and maintenance of PACS Operational Risk Framework & Policies
- Build strong partnership with stakeholders to progress risk agenda
- Drive assessment, mitigation and management of Operational risks across risk categories:

- Manage key operational risk processes and conduct targeted risk deep dives to identify risk hotspots
- Act as secretariat for the Board Risk Committee (BRC), including risk updates and reports
- Drive efficiency and productivity in ORM processes through innovative solutions
- Develop KRIs for efficient operational risk dashboarding
- Monitoring of operational risk appetite and breaches
- Drive Risk Culture and training to embed risk awareness for all employees
- Improve the level of maturity within the ORM and develop the team for future state/ strategic initiatives
- Function as Business Partner for Risk & Compliance

**Who we are looking for**:
Competencies & Personal Traits
- Excellent communication (writing and presentation), interpersonal skills, team work, and stakeholder management
- Proven ability to build and maintain effective working relationships across functions
- Good understanding of financial industry, and familiar with insurance operations
- Familiar with FAA and MAS regulations and industry guidelines applicable to insurance industry
- Effective in project management and change management
- Practical experience in operations and/or technology

Working Experience:

- At least 8-10 years of relevant working experience would be preferred
- Prior risk and control experience and outsourcing process knowledge, including risk and control assessment and management in a financial institution

Professional Qualifications:

- Certification in risk management and/or information security would be advantageous

**Education**:

- Degree in accounting, finance, information technology or other related discipline

**Language**:

- Strong command of the English language

Tags

head

of

operational

risk

management

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