Operational Risk Manager

2 days ago


Singapore Marex Full time

Operational Risk Manager - VP (APAC)

**Duties**
- Risk representative for Operational Risk in the region, point person for all Operational Risk matters in APAC.
- Risk and Control Assessment: Facilitate risk and control assessments to identify potential risks and implement effective controls, validating remediation of operational risk exposure and related control gaps.
- Root Cause Analysis: Conduct root cause analysis of operational events and develop strategies to mitigate future risks.
- Governance: Lead risk management presence and content in governance forums, ensuring comprehensive oversight and identification of operational risk trends.
- Risk Reporting: Preparing and presenting detailed risk reports / dashboards / metrics to senior management and stakeholders, highlighting key risk areas and recommended actions.
- Trend Analysis: Identify and analyze operational risk trends to inform strategic decision-making.
- Continuous Improvement: Providing thoughtful and collaborative leadership promoting risk transparency and business unit-level ownership and accountability over operational risk and control environments, fostering continuous improvement.
- Regulatory Compliance: Ensuring compliance with relevant jurisdictional regulatory requirements, expectations and industry standards related to risk management
- Work with business areas in the region to build out Risk Registers and end-to-end process mapping, working to provide accurate reflection of information and challenge where appropriate.
- Develop and evaluate the design and effectiveness of controls and provide timely and in-depth analysis to Senior Management. This includes challenging management actions to remediate control gaps or weaknesses and track through to closure. Ensure accurate reflection of risk and control information within Risk Registers by providing rigorous challenge where appropriate.
- Monitor and report on Risk Events and Operational Losses escalating to management appropriately, and actively supporting business areas in the lessons learnt.
- Manage and contribute to the process for evaluating and rectifying operational risk incidents, ensuring swift resolution of the incident and that client interest is central to the process, capturing root causes, lessons learnt, ensuring actions for future risk mitigation are implemented and relevance to other business areas or processes is considered.
- Daily management of Broker Losses and reporting to help drive down total value, volumes and learn lessons.
- Challenge requests for Risk Acceptance and provide regular review of action status until closure.
- Responsible for creation of regional Operational Risk reporting for governance forums.
- Stakeholder at relevant regional risk governance Boards, Committees, and governance forums. Contribution to creation of Risk Committee reporting.
- Emerging risk scanning to identify disruptors in the external environment and losses which may lead to the identification of new risks.
- Ongoing development of the Operational Risk Framework and roll out of individual components.
- Practically maintaining strong relationships with second
- and third-line assurance functions, actively participating in forums and promoting information sharing.
- Provides support and guidance to embed a positive risk culture.
- Lead on developing localized regional guidance and training.
Contribute to change initiatives by reviewing new proposals, assessing their impact
- The Company may require you to carry out other duties from time to time

**Skills and Experience**
- 6+ years of operational risk management, enterprise risk management and/or related experience required; experience in the investment management industry preferred.
- Experience facilitating top-down and bottom-up risk assessments, focused on existing and emerging risk areas.
- Practical experience with Basel, COSO, ERM, risk and control self-assessment tools, methodologies and concepts.
- Outstanding verbal and written communication skills to work cross-functionally and at all levels internally.
- Proven capability in collecting and analyzing complex data, evaluating information and systems and drawing logical conclusions.
- Track record in planning and project management and in maintaining composure under pressure while meeting deadlines.
- Strong skills in resolving problems and negotiating issues.
- Highly organized and able to manage multiple projects with differing priorities to meet deadlines.
- Experience in governance, risk, assurance, compliance, or internal control roles in Financial Services.
- Strong technical risk and control knowledge.
- Good knowledge of Framework methodology and practice.
- Confident working independently and remotely from your team members.
- Ability to demonstrate knowledge of assurance, controls models and corporate governance frameworks.
- Challenging the assumptions and conclusions of more experienced staff members;
- Facilitating insightful conversations to ensure a



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