Operational Risk Manager, Singapore

3 days ago


Singapore ING Full time

Governance & Advice
- Maintain the NFR 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 organization, and incorporates findings in policy and procedures.
- Support running of local Non-Financial Risk Committee chaired by Country Branch Manager where applicable.

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 prioritize 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**:

- Minimum 10 years’ relevant Non-Financial Risk / Operational Risk relating to and Risk Analytics experience preferably in financial institution
- Experience in specific Operational Risk domains e.g. Outsourcing, Payment, Fraud, Financial /SOX reporting, Personal & Physical Security.
- Degree or above with major in Accounting, Finance, Economics or related discipline.
- Experience in Wholesale Banking products, processes, and controls
- Familiar with risk event management, issue management, risk assessments, internal control testing methodologies, Key Risk Indicators, scenario analysis, risk analytics and reporting
- 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



  • 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...


  • 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...


  • 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...


  • 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...


  • 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...


  • 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...


  • 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...

  • Risk Specialist

    1 week 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...


  • 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...

  • Risk Specialist

    1 week ago


    Singapore Bank of Singapore Full time

    Risk Specialist - Operational Risk Management (6 months contract) 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...