Head of Non-financial Risk Management Sg

**Key Responsibilities**

Strategy and Planning - Enhance Shareholders' Value
- Ensure all risks are within the approved Risk Appetite of the Group
- Provide insightful and forward looking views of the NFRM and risk issues/matters of the Branch to the CRO, and Risk Committees
- Establish and maintain a risk appetite framework of limits and controls for NFRM of the Branch.

Business Performance and Management - Internal Business Process
- Develop NFRM policy framework and procedures that are aligned to the Group Risk policies’ frameworks and procedures to support the business and enabler strategy.
- Oversee the implementation of NFRM technology requirements to address regulatory and business needs.
- Provide the Secretariat support for Singapore Operational Risk & Resiliency Committee (SORRC), Branch Outsourcing Committee (BOC) and Singapore Risk and Compliance Committee for the Branch (country)

People Management - Customer and Employee Engagement & Development

Customer:

- Build and maintain strong relationships with the CRO, Senior Management, business unit heads and business support heads. Ensure relationships are strategically forward looking, highly collaborative and productive.
- Oversee and provide constructive challenge to the first line of defense in managing Non-Financial Risks of the Branch.
- Introduce, promote and constantly evolve a culture which adopts the best practices for NFRM in the branch/country with the highest standards of quality and integrity.

Employee Engagement & Development:

- Lead a Group-wide team of NFRM professionals with the right skills set and experience to deliver the required outcomes
- Comply with HR performance processes by setting KPIs for all direct reports and conducting mid/full-year performance review.
- Take an active role in the development of people. Ensure the Branch attracts and retains the best people.
- Set a tone from the top and create an environment which empowers and motivates employees.
- Develop succession plans.

Operational Risk Management - Business, Operations, Technology, Information Security, Business Enablers

As a second line of defence function, Non-Financial Risk Department of CIMB ensures the first line of defence manages their risks by:

- Providing a risk framework that is fit for purpose for the size and scale of the CIMB activities in Singapore
- Providing guidance and training on the principles of the framework.
- Overseeing and providing constructive challenge to the first line of defence’s execution of risk framework.
- Providing risk expertise on a consultative basis to the CIMB activities pertaining to Business, Operations, Technology and Information Security in Singapore

Risk Governance - Operational Risk, Technology Risk, Fraud Risk, Business Continuity, Outsourcing

As a second line of defence function, Non-Financial Risk Department of CIMB ensures the first line of defence manages their risks by:

- Providing a risk framework that is fit for purpose for the size and scale of the CIMB activities in Singapore
- Providing guidance and training on the principles of the framework.
- Overseeing and providing constructive challenge to the first line of defence’s execution of risk framework.
- Providing risk expertise on a consultative basis to the CIMB activities pertaining to outsourcing, business continuity and anti-fraud in Singapore

Review and Reporting
- To develop Continuous Risk Review plan to validate the details of Events / Incidents, Loss and Control Gaps reported by BUs / SUs
- To conduct thematic Risk Reviews to assure BUs / SUs are operating in Consistency, in adherence to Regulations and/or deep dive to investigate
- To provide regular reporting to Management Committee members

Analytical Capabilities
- Lead the team in setting up of advanced analytics toolkit for the team e.g. strategic set of tools/platforms depending on model type.
- Supervise the risk analytics use cases in relevant Risk CoEs and align to the bank’s business objectives and to develop insights for decision making.
- Review the initial assessment including cost-benefit assessment to priorities Proof of Concepts of use cases.
- Guide the team in developing forward looking analytics/models to assist Risk CoEs in the risk management.
- Lead the team in the standardisation/automation of core analytics to be able to run it on an ongoing basis.
- Ensure development of formal documents for documentation, testing of models and outcomes.

Analytics Infrastructure
- Lead the setting up of data and technology infrastructure to be able to deploy in a timely manner, best model/approach to perform the task.

Analytics and Emerging Risk Dashboard
- To develop, plan and implement a strategy and capabilities for operational risk and fraud risk data analytics, including the technology/infrastructure that supports Group and regulatory requirements
- To develop and enhance the risk reporting monitoring tools for NFRM including branch risk committee dashboard