Job Description

The Risk and Control Manager is responsible for overseeing the risk management and internal control processes within Group Lifestyle Financing & Ecosystem. This role involves identifying potential risks, implementing risk mitigation strategies, and ensuring that the team compiles with relevant laws and regulation.

• Risk Identification and Assessment
• Identify potential risks that could impact the bank\xe2\x80\x99s operations, reputation, or financial performance
• Conduct risk assessments to evaluate the likelihood and impact of identified risks.
• Develop and maintain a risk register to document and track risks.
• Control Implementation and Monitoring
• Design and implement internal controls to mitigate identified risks
• Monitor the effectiveness of internal controls through regular reviews
• Ensure that controls are updated and improved based on changing risk environments and business needs.
• Compliance and Regulatory Oversight
• Ensure that the organization complies with relevant laws, regulations, and industry standards.
• Keep abreast of regulatory changes and advise the organization on compliance requirements.
• Risk Mitigation and Response
• Develop risk mitigation strategies and action plans to address identified risks
• Coordinate with various departments to implement risk mitigation measures.
• Lead the response to risk events, including crisis management and incident investigations.
• Training and Awareness
• Conduct training sessions to raise awareness of risk management and control practices
• Promote a risk awareness and proactive risk management culture within the team

QualificationsQualification * Bachelor\xe2\x80\x99s degree in Finance, Business Administration, Risk Management, or a related field.

• Proven experience in risk management, internal controls or compliance roles.
• Strong understanding of risk assessment methodologies and internal control frameworks.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Ability to work independently and collaboratively with all key stakeholders

Desired Skills: * Experience with regulatory compliance in the Card, Unsecured Loan, Merchant and Ecosystem business

• Attention to detail and ability to handle multiple priorities.

OCBC Bank