Operational Risk Manager, Singapore

5 days ago

Singapore ING Full time

Governance & Advice
- Maintain the NFR framework and manages it as a basis for operational activities.
- Advise 1LoD on Non-Financial Risk framework matters.
- Consult, advises and supports 1LoD on Non-Financial Risk set-up, procedures and measures.
- Identify and monitors relevant developments in the field, both within and outside the organization, and incorporates findings in policy and procedures.
- Support running of local Non-Financial Risk Committee chaired by Country Branch Manager where applicable.

Risk Identification & Risk Assessment
- Identify risks in conjunction with management and the 1LoD, with due regard for the interests of parties involved (bank, customer, third parties).
- Investigate risks and events, conducts desk research, researches individual cases and makes an analysis. Helps prioritize risks and performs assessments in conjunction with management.

Risk Mitigation & Risk Awareness
- Guide and support 1LoD in the creation of an implementation risk mitigation plan.
- Communicate policy and guidelines to management and employees.
- Encourage risk awareness and a sense of responsibility among management and employees in relation to Non-Financial Risk.
- Advise and assist in the implementation of new and updated Non-Financial Risk policy, procedures, and measures.
- Point of contact for the reporting of and for queries relating to Non-Financial Risk events and issues.

Monitoring and Reporting
- Check that the 1LoD is complying with Risk Appetite, and that Operational Risks are being managed and escalated where necessary.
- Monitor progress in Risk Mitigation activities, create reports and feed back to management of the business unit, second line and Operational Risk functional line.
- Support running of Local Non-Financial Risk Committee chaired by Country Manager.

**Requirements**:

- Minimum 10 years’ relevant Non-Financial Risk / Operational Risk relating to and Risk Analytics experience preferably in financial institution
- Experience in specific Operational Risk domains e.g. Outsourcing, Payment, Fraud, Financial /SOX reporting, Personal & Physical Security.
- Degree or above with major in Accounting, Finance, Economics or related discipline.
- Experience in Wholesale Banking products, processes, and controls
- Familiar with risk event management, issue management, risk assessments, internal control testing methodologies, Key Risk Indicators, scenario analysis, risk analytics and reporting
- Ability to analyze, collate and understand the business requirements
- Strong organizing and project management skills
- Ability to lead and drive projects and initiatives
- Self-motivated, proactive, and able to work on own initiative
- A strong team player with good interpersonal skills who is able to work well with others
- High proficiency in spoken and written English

  • Risk Manager- Operational Risk Event Management and

    1 day ago

    Singapore Bank of Singapore Full time

    Risk Manager - Operational Risk Event Management and Quality Assurance (Assistant Vice President) At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional...

  • Senior Operational Risk Manager

    7 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 locations in ASEAN. **Job Description**: **Primary Objective** Contribute to build a risk-based business competitive advantage for all...

  • Senior Operational Risk Manager

    2 weeks 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 Objective** Contribute to build a risk-based business...

  • Executive, Risk Management Institute

    1 day ago

    Singapore Risk Management Institute Full time

    **Posting Start Date**:20/01/2025 **About RMI** Risk Management Institute (RMI) aims to be a world-class centre in risk management through research, education and training. It strives to become a locally, regionally and globally recognized knowledge center in financial risk management where scholars, regulators, and industry professionals gather to advance...

  • Risk Specialist

    1 week ago

    Singapore Bank of Singapore Full time

    -Bank of Singapore Singapore Posted 7 hours ago Permanent Competitive - Risk Specialist - Operational Risk Event Management and Quality Assurance (Associate Director)- At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our...

  • Risk Specialist

    1 week ago

    Singapore Bank of Singapore Full time

    At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and...

  • Risk Specialist

    2 weeks ago

    Singapore Bank of Singapore Full time

    At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and...

  • Head of Strategic Accounts, Singapore

    2 days ago

    Singapore LexisNexis Risk Solutions Full time

    Head of Strategic Accounts, Singapore page is loadedHead of Strategic Accounts, Singapore Apply locations Singapore - Risk Winsland House time type Full time posted on Posted Today job requisition id R Head of Strategic Accounts, Singapore Do you enjoy selling solutions in Financial Crime & Compliance and Fraud & Identity? Will you like to join a global...

  • AVP, Operational Risk Management, Governance

    1 week ago

    Singapore OCBC (Singapore) Full time $120,000 - $240,000 per year

    WHO WE ARE: As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.Today, we're on a journey of...

  • Senior Vertical Solutions Consultant, Credit Risk

    1 day ago

    Singapore Risk Solutions Full time

    Knowledge of the government regulations for each target country, the current credit risk evaluation processes including credit scores, credit reports, credit policy, workflow processes (i.e. loan origination), etc. is preferred. Accountabilities: - Develops and maintains an in-depth understanding of all customer objectives within the credit risk...