Job Description

Operational Risk \xe2\x80\x93 Compliance & Risk Management (AVP), Group Operations & Technology DivisionThe Risk and Prevention - Operations Risk Team drives the Operational Risk Culture and facilitates the implementation and on-going monitoring of adherence to the OCBC Group Policies & Procedures and regulatory requirements, enabling effective and efficient risk identification, assessment, mitigation, measurement, monitoring and reporting of key operational risks for the Group Operations and Technology Division (GO&T) across the region.The job consists of enabling the business by transforming operational risk management, embedding risk culture and providing data-driven insights to manage operational risk in a sustainable way.The Operational Risk AVP is responsible for providing objective review and challenge to the business units to ensure operational risk is effectively managed within the Division.JOB DUTIES & RESPONSIBILITIES

• Provide advice, objective review and challenge to risk issues/ process changes identified by business units to ensure operational risk identified is assessed adequately, and appropriate controls are in place to mitigate the risks.
• Review and discuss Operational Risk Events/ Audit Observations with stakeholders to ensure right root cause and appropriate action plan has been developed
• Conduct thematic risk reviews to identify control gaps and control enhancement opportunities
• Independently undertake projects as assigned
• Connect the dots across the Division in the identification of emerging risks and issues \xe2\x80\x93 especially those that are applicable across various departments/ jurisdiction that can be effectively remediated using a common control/ solution
• Represent R&P in risk forums/ working groups to understand and implement requirements from 2LOD or to present Risk Deck/ Dashboard prepared to key stakeholders in Operations, or to provide updates on risk issues/ action plans in 2LOD organized forums/ working groups
• Division\xe2\x80\x99s Information Security Risk/Physical Security Risk/ Business Continuity Risk Rep, with the responsibility to understand and communicate the requirements from 2LOD to the Division, collate and present feedbacks back to 2LOD.
• Conduct Division wide Operational Risk related trainings

QualificationsRequired Experience:1. University degree in banking with 7+ years of experience in Operations / first line operational risk management supporting Operations2. Strong understanding of Operations end-to-end processes, with ability to identify risks and control inadequacies within the process.3. Candidates with BCM/ physical security/ information security knowledge will be preferredCore Competencies1. A self-motivated individual that demonstrates initiatives and results oriented2. Proven ability to multi-task, as well as assess and change priorities3. Attention to detail and strong analytical skills4. Positive attitude to change, constantly looking for better ways to get things done and to challenge the status quo5. Forward-thinking and interested in keeping up to date with developments and best practices in the risk & analytics industry6. Team player with good written and communication skills to liaise effectively with people at all levels.REPORTING TO: VP, Risk & Prevention \xe2\x80\x93 Operations Risk

OCBC Bank