VP or AVP – Operations Risk Specialist

2 weeks ago


Singapur, Singapore The Edge Partnership Full time

Key responsibilities

Directly reporting to the Head of Operational & Fraud Risk, this is a 2nd line of defence role and is part of the CRO (Chief Risk Officer) organization.. This specialist role will support the management and oversight of all risks within Operations Risk. The job has accountability for ensuring and strengthening not only the Bank’s overall Operational Risk Management Framework, and ensuring operational risks are managed within appetite. Keeping abreast of market trends and regulatory requirements, the successful candidate will set the direction and execute the Operational Risk strategy while aligning them to the Bank’s overall strategy. Design and oversee the implementation of an Operational Risk Framework and tailored to the bank’s design of the Bank’s second line of defence in managing Operational Risk, encompassing strategy, governance, business engagement, policy, and awareness. Lead the design of the Risk and Control Self-Assessment Process tailored to a Digital Bank Collaborate extensively with the Technology, Product, Compliance and Operations team during the “build” phase to ensure systems/processes are built in a resilient and compliant manner Provide guidance to the first line to identify and manage Operational Risks on an ongoing basis Keep abreast of the regulatory landscape in Singapore related to Operational risk and ensure regulatory requirements are embedded in the relevant processes Be directly responsible for the different regulatory reporting requirements to our regulators Facilitate and promote the understanding of Operational risk requirements in the Bankand help the OR team deliver great quality audit outcomes.

Role requirements

Degree in Accountancy, Banking, Finance, Business or Law, or relevant professional qualification in financial services. 6-10 years of relevant work experience in financial service/tech sector with over 3-5 years of experience in Operational risk management. Good understanding of technology and retail products in the digital banking space Demonstrates knowledge of deploying risk assessment techniques using data analytics Influencing skills and ability to manage working relationships with 1st LoD colleagues in Product, Operations and Technology Good communication skills and ability to work in a multi-cultural and multi-disciplinary environment Previous experience in having managed Fraud in a 1st LoD or 2nd LoD capacity in a Bank with good understanding across banking fraud schemes that are relevant to a Digital Bank, will be an added advantage but not necessary.

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