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 as well as access to private market investments via a curated ecosystem. In addition, the Group has an international fund competence centre. VP Bank is listed on the SIX Swiss Exchange and has received an “A” rating from Standard & Poor’s.

Your Responsibilities
- Identification of operational and information risk ownership and responsibilities
- Implementing an overall risk management process for the organization by developing operating models
- Designing key risk indicators framework to include risk identification, tools for assessment of operational risk and reporting of operational risk results
- Proactive operational and informational risk monitoring
- Selecting and implementing measures to control and mitigate risks including activities to avoid risks, transfer risks and finance risks
- Monitoring and reviewing processes to ensure risk and compliance arrangements are in place
- Collection, reporting, monitoring of incidents
- Review Operational Loss Incident Reports and follow up to ensure remedial measures are taken by the department responsible
- Raising operational risk awareness (assessment, training etc)
- Providing support, education and training to staff on operational risk framework
- Assist on special projects related to risk management

Your Profile
- Minimum 5 years’ experience in Operational Risk related control role in the Banking sector. Preferably with exposure to Private Banking/ Wealth Management
- Good understanding of Banking operations and processes

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