Job Description

The Divisional Regulatory, Risk and Control Analyst provides data analysis, identifies and evaluates potential areas of non-compliance or risk, assessing impact, probability and defined risk tolerance and presents findings and proposals for risk mitigation measures. The Divisional Regulatory, Risk and Control Analyst is responsible for supporting the delivery of the risk and control initiatives. This includes participation in risk and control activities, risk based control reporting of key issues, performance and validation of cyclical activities such as annual control self assessments. It may also include control testing, incident research, remediation and other ad hoc control initiatives and projects. Working closely with teams in and out of the division to understand risks impacting the group.

Additional

Details of the Division and Team:

The APAC Risk and Compliance Specialist is a 1st line of Defense (1LOD) role responsible for the management and strategic enhancements of risk, regulatory and controls.

This includes proactive management and timely resolution of risks and regulatory issues, leads problem solving for complex issues, performs regulatory compliance assessments, deploys and/or enhances risk management related processes, and promote sustainable approaches to risk and regulatory resolution together with senior and global functional stakeholders.

This role will also act as an independent regional contact point that ensures risk and control compliance topics are receiving the required focus from SMEs and is part of the global strategic risk and control programme to strengthen the Banks technology controls sustainably.

The successful candidate will also have the opportunity to help build modern and strategic platforms to manage technology risk, regulatory and controls.

Your key responsibilities:

• Establish and lead proactive management and timely resolution of the risk and regulatory findings and related remediation activities for APAC
• Coordinate and guide branch technology teams in responding to regulatory requirements and gap analysis for APAC (e.g., MAS TRMG, HKMA, RBI, BNM etc.)
• Coordinate and guide branch technology teams in audit engagements in APAC
• Coordinate, prepare presentations and participate in regulatory inspections in APAC, and primarily in Singapore (e.g., MAS inspections, CRAFT presentations)
• Chair and/or lead risk forums to govern overall risk and regulatory portfolio, and effective operational risk management processes
• Participate in the Singapore franchise technology risk management activities, such as incident management reporting in accordance with MAS requirements
• Develop and lead structured problem solving for control issues, and ensuring resolution plans are strategic and sustainable
• Challenges risk and control weaknesses tactfully, and provide advisory to senior management and/or business lines for sustainable risk remediation options, or strategies arising from weakness, errors, and external event demands
• Lead and/or execute structured independent risk and control reviews (e.g., Design and Operating effectiveness testing), and propose commercially viable options or alternatives
• Actively contributes to the design of risk and control programmes and policies with 1LOD and 2LOD functions, and in line with defined risk and control strategy, and risk appetite / tolerances
• Establishes positive risk culture and drives behavioral change

Your skills and experience:

• Minimum of 5 years of working experience in risk and compliance regulatory management in a financial institutions or banking environment
• Proven experience and understanding and/or familiarity with APAC technology regulations related to financial institutions (e.g. MAS TRM / Notice 644, HKMA TRM, CBIRC, RBI, BNM, etc.)
• Proven strong track record with at least one of the below:
• Audit / Regulatory finding management and remediation planning.
• Coordination of Audit/Regulatory engagements including inspection preparation.
• Regulatory and/or control adherence compliance assessments.
• IT Risk control / GRC framework.
• Managed several successful technology audits / regulatory driven remediation programme, projects.
• Bachelors degree from an accredited college or university (or equivalent) and/or relevant practical experience
• Certifications/ accreditations in risk and audit management such as CRISC, CISM, CISSP, CISA
• Excellent communicator with the ability to articulate complex topics that leads to effective resolution to a wide audience across multiple regions, divisions, and business lines
• Candidates with strong and independent problem-solving skills to address diverse issues.
• Independent, self-motivated individual.

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.

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