Analyst, Operational Risk Mgt, Risk Mgt Dept

3 days ago


Singapore Sumitomo Mitsui Banking Corporation Full time

Sumitomo Mitsui Banking Corporation SingaporePosted 3 hours ago Permanent Competitive
- Operational Risk Management
- Implementation of risk governance and regulatory compliance frameworks in APAC as part of 2LoD for assessing, monitoring and reporting operational risks inherent in business operations
- Upkeep and operationalize Operational Risk Management frameworks, including formulation and maintenance of policies, procedures and standards to meet regulatory requirements
- Work closely with stakeholders in the 3 lines of defence to implement appropriate risk governance/oversight, design/determine/establish metrics like KRIs, implement controls and promote best practices that drive operational risk management and regulatory compliance
- Coordinate operational risk management efforts and manage Governance, Risk and Compliance (GRC) activities across the APAC Offices and with HO to drive timely completion of third party risk deliverables and resolution of key risk issues
- Communicate technical concepts to non-technical audience and senior management and lead efforts to cultivate and promote a strong operational risk culture and ensure adherence to operational risk management policies, procedures and standards

**Responsibilities**
- To arrange and facilitate SORMM (System Security & Operational Risk Management Meeting) every quarter.
- To monitor and perform regular review of Operational Risk Key Risk Indicators (KRIs).
- To review, monitor and analyse Operational Risk Events (OREs).
- To review the operational risk related issues in the Risk Register completed by the departments and APAC Offices.
- To perform regular review of APAC Operational Risk Management Framework and functional reviews of APAC Offices' operational risk related policies/ procedures.
- To establish framework for Operational Resilience.
- Administrator of ORE module for Governance, Risk and Compliance system.
- Facilitate training with APAC Offices.

**Requirements**:

- Good knowledge of Operational Risk Management regulatory requirements and industry standards.
- Familiarity with ICAAP, operational resilience concepts (eg. Business Continuity Management, Disaster Recovery planning) and non-financial risk management (eg. Technology Risk, Third-Party Risk) will be favorably considered.
- Minimum 2 years experience in operational risk management, preferably in banking or financial services.
- Certifications such as FRM, PRM or any Operational Risk or Business Continuity Management-related qualifications would be advantageous.
- Good project management skills and experience.
- Ability to perform gap analysis of operational risk management policies and processes against new regulatory requirements and guidelines.
- Self-starter and a critical thinker.
- Proactive, resourceful and able to think and act strategically and tactically.
- Able to multi-task and work independently under tight timelines.
- Strong oral and written communication skills.
- Strong stakeholder management skills.
- Culturally sensitive.
- Job ID 978604601



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