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Assistant Manager, Operational Risk

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Assistant Manager, Operational Risk

  • Location:

    Singapore

  • Sector:

    LMA Asia Risk & Audit

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Bryant Tan

  • Job ref:

    BBBH411374_1674629428

  • Published:

    7 days ago

  • Expiry date:

    2023-04-25

  • Client:

    LMA

Job purpose

The Assistant Manager, Risk Management - Operational Risk will take responsibility for operational risk oversight over the rollout and facilitation of the Branch's Operational Risk Management Framework (ORMF).
You will work closely alongside key stakeholders of the Branch's business and function teams as well as Head Office to actively manage and develop the ORMF at the Branch level. You will also ensure that the business and function teams actively support the identification, management and mitigation of operational risks in their respective areas.


Responsibilities

  • Drive the development and rollout of operational risk management guidelines & procedures
  • Analyze and monitor risk profile based on key risk indicators (KRIs) and escalate exceptions
  • Review and challenge risk control self-assessment (RCSA) and monitoring plans
  • Work with respective Branch's heads of business and function in planning risk control metrics and processes to ensure that they meet business needs based on bank and regulatory requirements
  • Ensure compliance with the overall ORMF requirements
  • Ensure that the Branch's key processes and controls are properly designed and maintained
  • Oversight on Outsourcing & New Product activities of the Branch under the purview of the ORMF
  • Develop and plan for the execution of Business Continuity Planning (BCP) exercises as part of the Business Continuity Management (BCM) under the purview of ORMF


Requirements

  • Minimum a Bachelor Degree in Business, Accountancy, Banking & Finance or a relevant discipline
  • Minimum 5 - 8 years' of Corporate Banking/Financial Market/Private Banking experience including 2 - 3 years' Operational Risk exposure
  • Understanding of other key risks type would be advantageous (market risk, liquidity risk, credit risk)
  • Strong ability to engage with various stakeholders on matrix and complex structure
  • Excellent interpersonal, communication and negotiation skills
  • Proficient in spoken and written English/Chinese to liaise with Chinese speaking headquarter counterparties

Interested Applicants, Please send your CVs in Microsoft Word Format to Bryant Tan. Email: Bryant.tan@lmarecruitment.asia

Company Reg No.: 201131609D, Licence No.: 11C4684, Reg No: R1660533