Operational Risk Manager

1 day ago


Singapore CMC MARKETS SINGAPORE PTE. LTD. Full time

The key focus is to provide an effective operational risk framework and tools to the business in enhancing the risk management decision process. This will include the on-going development and monitoring of risk policies, risk methodology, and tools in line with best practices, local and group policies and legal requirements, whilst identifying, tracking, reporting and coordinating the treatment of key risks. This role will support the BCM Committee to ensure an effective BCM framework is being continually developed, maintained and adhered to across the business.

**ROLE AND RESPONSIBILITIES**
- Carrying out operational risk assessments across departments, assisting stakeholders with the identification of key risks and mitigating controls as well as the development of action plans to address any gaps in the mitigating measures identified;
- Preparing operational risk reports for the board/ various board committees, including reporting losses/near misses in line with Group risk appetite and operational risk dashboard reporting;
- Analysing identified trends in key risk indicators and recommending controls to prevent re-occurrence of risk events;
- Providing support and advice in the update of risk data within the Hi-Tec Operational Risk system, which includes Policyhub, Incident Manager, and Risk & Control Assessments;
- Ensuring incidents and breaches are recorded in a centralised incident and breach register;
- Updating local operational risk policy to ensure that the policy reflects best practice;
- Assisting risk-based monitoring program, conducting periodical monitoring and reviews in CFD and stockbroking operations to determine whether implemented controls are effective;
- Assisting with the internal/external audits, whilst ensuring audit recommendations are tracked, reported and implemented in line with audit findings;
- Conducting operational risk training and induction to staff as well tracking and reporting staff training completion;
- Maintaining personal/professional development to meet the changing demands of the role, constantly updating market developments and changes to regulatory requirements
- Representing CMC Markets in a highly professional manner in any internal and external meetings.

**Essential**:

- A minimum of 3 years’ experience in an operational risk environment within financial services Singapore.
- Understanding of Stockbroking front and back office functions will be advantageous.
- Solid knowledge and understanding of operational risk principles;
- Understanding and support of business governance frameworks and business continuity best practice and protocols;
- Strong organisational skills;
- Relationship management, influencing and leadership skills;
- Excellent communication skills, especially related to facilitation of operational risk assessments and control-based BCM testing and reporting;
- Exceptional ability to remain calm under stress
- A relevant degree or qualification.

**Desirable**:

- Understanding of CFDs and Stockbroking products and services;
- Knowledge and understanding of operational risk systems (e.g. OpVar, SAS, Hi-Tech); and
- Knowledge of local and international BCM Standards.



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