Section Head, Risk, Compliance & Legal

Singapore, Singapore

Job Description


Company DescriptionRHB Bank was established in Singapore in 1961 as UMBC Bank, prior to the country\'s independence in 1965. We assumed our present name - RHB Bank Berhad Singapore (RHBS) in 1999, after a series of expansions and strategic mergers. As a bank that has been here since the beginning, we have garnered invaluable experiences and insights which we turn into innovative solutions designed to help individuals and businesses grow and progress. Throughout the decades in Singapore, we have formed lifetime relationships with our clients and partners who have made us one of the most trusted financial institutions. Together with our experiences, insights and knowledge, we now cater to a cross-section of clients with requirements ranging from personal banking to corporate financing, offering seamless solutions and growing wealth for people and businesses. Our core businesses are streamlined into Retail Banking, Commercial Banking, Corporate Banking, Asset Management, offered through RHB Bank Berhad and RHB Asset Management Pte. Ltd. As a progressive and growing financial institution, RHB Singapore sees the importance for a strong collaborative and cohesive culture while welcoming diversity in views. As part of RHB\'s aim to become the employer of choice, talent and career development initiatives are put in place to ensure equal opportunities for personal development and growth among our people. We look forward to having on board talented individuals to join our dynamic and engaging team of more than 600 employees.

  • Provide advice to Senior Management and BoD on risk, legal and compliance related matters.
  • Provide advice on the rights and obligations of the Company and other issues arising from business activities.
  • Ensures the company\'s risk and compliance practices and limits are in compliance with applicable regulatory requirements.
  • Liaise with other external stakeholders and regulators, including the Monetary Authority of Singapore and auditors, on issues related to risk, legal and compliance related matters.
  • Escalate significant observations and possible regulatory breaches to Senior Management and the Board of Directors.
  • Implement internal policies and processes related to risk, legal and compliance.
  • Prepare annual work plan in relation to risk, legal and compliance functions.
  • Provides training and technical support to management and employees regarding risk, legal and compliance.
Legal & Compliance
  • Draft contracts and other legal documents.
  • Ensure business activities are in line with legal requirements through robust periodic reviews.
  • Liaise with external counsel on legal documents, legal implications and disputes. Review advice given by and documents prepared by external legal counsel.
  • Provide compliance and legal updates including dissemination and analysis of new and/or revised laws and regulations.
Risk
  • Assists in establishing and monitoring key risk indicators, as well as implement corrective action plans to mitigate risks.
  • Assists in developing and enhancing policies, procedures and control assessments in response to identified risks.
  • Ensure effective incident management process and timely reporting escalation of risk events
  • Participates in corporate wide contingency planning/business continuity efforts. Assist to implements RHB Group business continuity framework. Coordinates training, communication, and testing of plans.
Qualifications
  • Degree and above in Business, Accounting, Finance and relevant disciplines.
  • Minimum 5 years\' working experience, preferably with experience in risk management, compliance or internal audit in financial services institution.
  • Strong communication and report-writing skills.
Additional InformationRHB is a dynamic organization that promotes a work culture of high performance, where its biggest asset, the RHB-ians, are continuously developed & nurtured to their fullest potential through its robust talent management practices.At RHB, we take PRIDE in our people and our teams. Great relationships built on trust, a \'leading it right\' environment, challenging assignments and a culture of excellence are the pillars to the dynamic and diversified workplace we call home.

RHB Bank

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Job Detail

  • Job Id
    JD1419127
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned