Operational Risk and Compliance Manager

2 weeks ago


Singapore GREENLANE PRIVATE LTD. Full time

**About the Role**:
**Roles and Responsibilities**
- Advise departments on operational risk identification, assessment, and control implementation for business processes.
- Review, update, and maintain policies/procedures for Operational Risk, Fraud Management, and New Product Approval.
- Lead root cause analysis of operational risk events and develop mitigation action plans.
- Support Head Office initiatives: Incident Reporting, Key Risk Indicators (KRI), and fraud risk reviews.
- Manage outsourcing risks per **MAS regulations**:
Conduct due diligence on third-party providers.
Ensure compliance with Bank’s Outsourcing Risk Policy.
- Mitigate operational risks in new products; facilitate New Product Committee processes.
- Drive Business Continuity Planning (BCP):
Update Business Impact Analyses (BIA) and BCP documentation.
Coordinate testing and recovery strategy development.
- Conduct independent monitoring of bank-wide transactions and private banking trade calls.
- Oversee bank-wide Policy & Procedure (P&P) lifecycle:
Initiate reviews and manage P&P system updates.
- Administer Business User Access Reviews and maintain Business System Listing.Prepare operational risk reports/presentations for RMC, Senior Management, Head Office, and regulators.

**Requirements**:

- Bachelor’s degree in Finance, Risk Management, Business Administration, Law, or a related field.
- At least 3 years of experience in Operational Risk Management and Compliance roles, preferably in the banking industry.
- Good understanding MAS Guidelines on Risk Management practices, BCM guidelines and Outsourcing Notices.
- Excellent analytical, problem-solving, and communication skills.Ability to work independently with minimum supervision and able to adapt to a dynamic environment.

**About Us**:
GreenLane is a Singapore-based recruiting firm specializing in banking, trading, tech, and other industries. We pride ourselves on connecting exceptional talent with leading organizations.

**EA Licence No.**:20C0261 | **Registration No.**:R23118854



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