Job Description

Business Function

Risk Management Group (RMG) is a second line function which provides objective advice, review and challenge on the activities undertaken by the first line business and support units to manage DBS\' risk exposure by balancing its objective to maximise returns against an acceptable risk profile. RMG monitors and provides the Board and senior management with an independent assessment of the risk profiles of DBS Group on a regular basis.

RMG-OR comprises risk professionals who assist the Board and senior management in driving an effective and efficient operational risk management (ORM) programme across the DBS Group, to promote the safety and soundness of our operating environment. RMG-OR assesses and monitors operational risk and effectiveness of ORM, and apprises management and risk committee(s) of the overall operational risk profile. It also develops and drives DBS\' risk culture programme.

Job Purpose

Enabling businesses by transforming operational risk management, embedding risk culture and providing data-driven insights to manage risk in a sustainable way

Responsibilities

As an Operational Risk Manager, you will be accountable for providing objective review and challenge to the business units and support units to ensure operational risk is adequately and effectively managed in the units.

• Provide advice, objective review and challenge so that key operational risks are adequately and effectively identified, assessed and managed in the business-as-usual activities and in new initiatives, products and processes
• Conduct independent assessment and monitoring of operational risk by reviewing operational risk metrics (risk events, risk & control self-assessment results, key risk indicators, etc), and assessing if there are systemic/thematic risk concerns that warrant deeper analysis and escalation to senior management
• Conduct thematic risk reviews to identify major areas of risks and control improvements
• Develop and maintain operational risk polices and mitigation programmes
• Develop and implement initiatives to enhance bank-wide risk culture, such as training programme and communication/awareness activities

Requirements

• At least 8 years of working experience in banks or financial institutions, with good knowledge of banking products and processes
• Aptitude and experience in risk and control related roles in first, second or third lines of defence and familiar with operational risk management concepts and tools
• University degree or equivalent, with major study in finance, accountancy, business and/or technology
• Passionate and keen interest in subject matter of operational risk management and risk culture
• Positive attitude to change, constantly looking for better ways to get things done and to challenge status quo
• Self-driven and able to balance creative and pragmatic approaches
• Strong communication and facilitation skills; able to work with and influence stakeholders at all levels
• Good knowledge of operational risk, banking products and processes
• Strong analytical and problem-solving capabilities with affinity to using data to solve problems
• An analytical thinker with good risk sense, and a team player who can persuade/influence others to achieve the operational risk management objectives

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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