Job Description

Business Function

Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to the business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in people and infrastructure.

The role will be responsible for managing the end-to-end validation process for the BCBS 239 (Basel\'s Principles for effective risk data aggregation and reporting) compliance validation programme. This is a 1 year contract role until Oct 2024.

Responsibilities

• Design the validation testing processes and procedures for BCBS 239 compliance validation.
• Lead validation testing activities and manage the validation workflow.
• Form an overall view of the Bank\'s compliance with BCBS 239.
• Maintain an efficient and auditable database of validation records and evidence.

(1) Compliance Validation

• Ensure effective implementation of BCBS 239 validation testing and procedures and ensure their alignment with the compliance validation methodology.
• Maintain the repository of validation test questions covering all aspects of BCBS 239.
• Plan and perform validation on the policies and processes of various units being validated.
• Initiate engagement process and guide discussions with key stakeholders to ensure a collaborative approach in agreeing validation outcomes.

(2) Reporting and Monitoring

• Monitor and report the Bank\'s status of compliance with BCBS 239 and implementation status of remediation actions.
• Liaise with stakeholders to track the implementation of remediation plans and outcomes.
• Monitor outstanding issues highlighted in validation findings.
• Prepare compliance status reports to the Board, Senior Management and/or regulators.

Requirements

• A degree holder with minimum 9 years\' working experience in a role within risk management, audit or compliance.
• Adequate understanding of the banking regulatory environment.
• Knowledge of banking, policies, processes, controls and systems.
• Experience and good understanding of data management principles, including controls and governance (preferred).
• Excellent written and oral skills.
• Good analytical skills and sound judgment.
• Strong problem-solving skills and ability to prioritise and manage multiple tasks.
• Team player with good inter-personal and communication skills, and the ability to work with multiple cross-functional stakeholders.

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.

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