Vp, Procurement Risk Manager, Group Procurement

9 hours ago

Singapore DBS Bank Full time

Business FunctionGroup Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. One of the key mandates of Group Procurement & Services (GPS) is to be DBS’ preferred and trusted partner that adds value by effectively managing risk and enabling business. GPS Risk team helps to manage risk and improve controls in our continuous efforts to preserve stakeholders’ value throughout the procurement lifecycle.Responsibilities* Driving Future State Components in GPS: Key player in implementing improvements and new initiatives within the GPS Risk Book of Work, across DBS footprint.* Overseeing GPS Risk Operating Cadence: Manage the day-to-day risk management processes within GPS. This includes tracking key metrics (scorecards), project progress, generating monthly reports, and promptly resolving any identified issues.* Ensuring Risk Action Implementation: Work with various team leaders and stakeholders to make sure that actions identified to mitigate risks are completed on time.
Monitor the effectiveness of these actions after implementation to confirm they are achieving the desired results.* Collaboration with Technical Teams and Control Functions: Act as a liaison between the risk management team and technical teams, as well as internal audit, compliance & risk control functions. This ensures that all necessary controls are properly defined and implemented.* Developing Management Reports: Design and create clear reports to analyze data, visualize risk trends, and track progress towards risk reduction goals.* Promoting Risk Awareness: Responsible for promoting a strong risk-aware culture within the procurement function and other procurement stakeholders. This includes identifying, developing, and delivering relevant training to these stakeholders.* Facilitating Procurement Risk Forums: Facilitate regular risk forums across core market GPS teams to discuss risk-related issues, share best practices, learn from past experiences, enhancements to risk control self assessments (RCSA), and ensure timely communication about important risk matters.Requirements:

- Organized and structured - in thinking and in execution of tasks* Proactive, positive and always willing to learn new things* Quantitative, analytical and loves problem-solving* Exhibit tenacity in follow issues through to completion* Keen to build long-term productive relationships.
Fostering a culture of collaboration in areas of influence.* Able to skillfully navigate uncertainty, complexity and ambiguity. To grow and keep pace with rapid changes in our business and our ecosystem

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