Manager, Operational Risk Management

2 days ago


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 Management to establish efficient and effective operational processes for all entities, with risk-based consideration.
- Design and execute surveillance to monitor changes in external and internal operating environment and identify gaps and good management practices in mitigating impacts arising from these changes.
- Ensure compliance to Outsourcing requirements and alignment with RHB Banking Group practices and policies by
- Implement and review operational risk framework and policies.
- Conducting due diligence review for outsourced arrangements

**KEY RESPONSIBILITIES**:

- Support Basel II initiatives on Operational Risks for implementation and enforcement of Incidence Reporting (LDC), Risk & Control Self-Assessment (RCSA), Key Risk Indicators (KRI) processes for all SG entities, and other initiatives rolled out by HQ.
- Advise and support SBU/ SFU on the operational risk identification, assessment and mitigation of business processes, new initiatives and outsourcing arrangements
- Planning, preparation, coordination and execution of Risk Assessment and Due Diligence on Service Providers pertaining to outsourced activities in accordance with Outsourcing Guidelines, and alignment with RHB Banking Group practices and policies
- Work with SBU/SFU in reporting operational risk events and establish root causes and appropriate action plans
- Conduct review of the KRI thresholds established by SBU/SFG to ensure relevancy and follow-up on action plans for KRI breaches
- Coordinating the branch control self-assessment and material risk assessment exercise to identify and address control weaknesses and/or gaps
- Prepare relevant risk reports to Senior Management, Group Risk Management and Group Management Risk Committee
- Liaise with HQ on implementation of operational risks framework, policies and methodologies and policies review.
- Maintain the outsourcing registers for submission to regulator

**Qualifications**:

- Qualified Bachelor/Master degree or equivalent experience
- 3 years’ experience in financial services institution, preferably in risk or control related functions.
- Experience in Business Continuity Management (BCM) would be advantageous.
- Knowledge in Operational Risk Management and MAS Guidelines on Outsourcing will be preferred.
- Ability to establish good relationship and articulate key risk issues with stakeholders
- Have good written / verbal communication and presentation skills.

Additional Information

RHB is a dynamic organization that promotes a work culture of high performance, where its biggest asset, the RHB-ians, are continuously developed & nurtured to their fullest potential through its robust talent management practices.

At RHB, we take PRIDE in our people and our teams. Great relationships built on trust, a 'leading it right’ environment, challenging assignments and a culture of excellence are the pillars to the dynamic and diversified workplace we call home.



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