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CCIB Third-Party Resilience Risk & Control Manager

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CCIB Third-Party Resilience Risk & Control Manager

  • Location:

    Singapore

  • Sector:

    LMA Asia Risk

  • Job type:

    Permanent

  • Salary:

    S$150000.00 - S$200000.00 per annum

  • Contact:

    Bryant Tan

  • Contact email:

    shazelina.shafei@lmarecruitment.asia

  • Job ref:

    BBBH398524_1656667364

  • Published:

    about 2 months ago

  • Expiry date:

    2022-07-18

  • Client:

    LMA


Third Party Resilience Risk Management:
The CCIB TP Resilience Risk & Control role is being established to provide 3rd Party Resilience advisory support, and the review and challenge work for Corporate, Commercial & Institutional Banking ("CCIB") and Financial Crime Surveillance Operations ("FCSO") non-vendor 3rd Party arrangements, ensuring that all TP Resilience due diligence requirements are understood and complied with. The team will specialise in all Business Resilience Pillars (Business Continuity Management, Crisis Management, Operational Resilience and Operational Continuity in Resolution).

The team will focus on non-vendor Unique Third-Party Types, and will sit within Regional COOs for Corporate, Commercial & Institutional Banking and perform dedicated Risk and Control activities across CCIB and FCSO.

Advisory support & Review and Challenge on 3rd Party Resilience

  • Support all 3rd party Resilience related queries from CCIB and FCSO contract owners, contract managers and utility or support functions such as Network Management.
  • Partner with the business and other relevant functions to design effective trigger review processes.
  • Review and challenge the adequacy of the Third Party Risk Assessments undertaken on material UTP arrangements in the TPRM process
  • Perform arrangement level control checks to ensure Contract Owners have completed all necessary due diligence measures for new-to-bank, periodic review and trigger reviews
  • Support CCIB/FCSO GPOs in reporting of TP Resilience Risks to Business Non-Financial Risk Committees ("NFRCs") and CCIB Operational Resilience Forum.
  • Develop MIs where needed to support TP Resilience capabilities across CCIB and FCSO.


Delivery and Governance

  • Monitor uplift, mitigation and remediation actions. Track progress against control findings.
  • Support training and awareness sessions on 3rd Party Resilience due diligence as required.
  • Partner with Country and Group Process Owners, to drive a synergy and strong partnership to mitigate Third-Party Risk in CCIB/FCSO.
  • Partner with the TPRM Redux Tool team to identify areas of potential improvement in the tool. Support User Testing where required.
  • Provide support to Business QPRs for prioritisation of treatment plans, where required.


Geographic Resilience Target Operating Model:
The candidate will also support CCIB Operational Resilience in the design, impact and resourcing assessment and migration of the Resilience Target Operating Model ("TOM").

  • Partner with CCIB Operational Resilience to impact assess the implementation of its Target Operating Model ("TOM") in countries and regions.
  • Support CCIB Operational Resilience in the implementation of the TOM in countries and regions.
  • Provide ongoing support to geographies, and resolve any questions or concerns raised.


Conduct:

  • Display exemplary conduct and live by the Group's Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Financial Markets. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.


Our Ideal Candidate

  • Bachelor degree in a related field
  • Hands-on experience of first line of defence, including design and implementation of control frameworks
  • Experience in supply chain or vendor management functions
  • Ability to draft reports that clearly communicate observations and risks would be required.
  • Ability to multitask and ensure that all key priorities are delivered as per agreed timelines
  • Competency with Microsoft Office Suite (Word, PowerPoint, Excel, Visio, SharePoint).
  • Ability to foster positive relationships with internal and external stakeholders at the appropriate level
  • Strong self-starter who can scope, plan and deliver their work. Proactive mindset
  • Ability to manage and prioritise multiple assignments
  • Ability to work independently under tight deadlines and with a high degree of autonomy and initiative
  • Solid understanding on Operational Risk, Enterprise Risk Management frameworks and its components
  • Knowledge of banking operations, technological infrastructure and IT systems, banking industry, customers, functions, products and governing regulatory requirements would be a plus.


Role Specific Technical Competencies

  • Risk, Control and Assurance experience
  • Comprehensive knowledge of risk governance frameworks & quality frameworks and processes
  • Data and Management Information design capability
  • Process improvement methodologies
  • Business - Governance & Support
  • Experience in Business Resilience
  • Stakeholder management
  • Project management

Company Reg No.: 201131609D | License No.: 11C4684 | EA Reg no: R1660533