Job Description

Business Function Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels. About the role

The incumbent will be a team member of existing outsourcing governance initiatives and activities within the bank. The ideal candidate should be a driven, self-starter who plays an active role working in a dynamic environment with the service delivery teams to embed controls in the processes and operations. The incumbent needs to have analytical skills to assess information and identify potential risks, and should possess problem-solving skills to determine how identified risks can be mitigated. Additionally, he/she should be inquisitive on risk and control issues and rationalize the mitigations. Communication skills are important, so that clear protocols can be developed and executed to inform management about potential risk issues and as well as effectively relay information on impact of policy changes.

Responsibilities

• Perform outsourcing risk reviews to evaluate risks associated with outsourcing arrangements and assess service providers’ ability to employ high standard of care in performing the outsourced services
• Monitor and report group-wide outsourcing risks in periodic risk forums and outsourcing committee meetings
• Review and maintain the Outsourcing Governance Guide to ensure that outsourcing governance frameworks and requirements are relevant, current and effective
• Liaise with stakeholders (owner units of outsourced activities) and key SMEs (Financial Crime & Security Services, Information Security Services, Group Business Continuity Management, Risk Management Group, Compliance) on risk and control matters including ad-hoc projects
• Work with service delivery managers to ensure compliance to outsourcing governance requirements
• Prioritise and implement system enhancements to support new outsourcing governance requirements and continuously improve existing system functions/controls

Requirements

• Relevant university degree in Information Technology or Computer Science, experience in banking, third party or vendor risk management (preferred)
• Demonstrate good understanding of outsourcing, service provider management, outsourcing and banking regulatory as well as experience in risk and governance activities
• Good working knowledge of Business Intelligence (BI) tools such as Tableau, Power BI to analyse trends, anomalies and behaviours for risk and control reporting
• Good interpersonal and communication skills - spoken and written
• Good planning and other project management skills, including strong organisation skills
• Must be solutions oriented, ability to work with all levels of management and staff
• Performance-oriented individuals who is passionate about driving change through innovation

Apply Now We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
Primary Location: Singapore-DBS Asia Hub Job: Risk Management Schedule: Regular Employee Status: Full-time : Job Posting: Aug 18, 2022, 4:35:54 AM