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Dbs Bank

AVP/VP - Specialist, Operational Risk Management

10-12 Years
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Job Description

This role is primarily under the Risk and Control & International Centres Oversight team, who works with the accountable business heads, location COOs, location Unit Operational Risk Managers and various support partners at head office to oversee all risk and control activities for the Institutional Banking Group.

Key Accountabilities

  • Support and facilitate Group IBG Business Control Committee (BCC)
  • Manage various risk and control activities (e.g. Group IBG Scorecard, Annual KRI review, Third Party Risk Management, UDMA, risk control culture, others)
  • Drive the IBG Risk and Control Dashboard initiative
  • Assist in the production of ad-hoc senior management presentations and various committee meetings

Job Duities And Responsibilities

  • Support and facilitate Group IBG Business Control Committee (BCC)
    • Collaborate with stakeholders to determine and finalise agenda topics and coverage for BCC, ensuring alignment with strategic priorities and emerging risk landscape
    • Facilitate active participation and constructive discussion among committee members on material operational risk issues, challenges, and proposed mitigation
    • Track and follow up on action items arising from BCC meetings, ensuring timely closure
  • Manage various risk and control activities
    • Manage the Group IBG Scorecard on risk and control areas (including Audit, Regulatory, Operational risks)
    • Manage Group IBG Key Risk Indicators (e.g. establishing UKRI, thresholds review, analysing and monitoring, highlighting trends)
    • Primary advisory on Third Party Risk Management for IBG; perform risk assessment, risk profiling, and risk review
    • Primary advisory on UDMA for Group IBG; Assessment and review of Singapore UDMAs.
    • Promote risk control culture in IBG including identifying relevant trainings for staff, covering operational risk, reputational risk, risk culture & conduct
    • Other projects / initiatives by the team to support overall IBG risk and control agenda
  • Drive the IBG Risk and Control Dashboard initiative
    • Lead the end-to-end management and continuous enhancement of the IBG Risk and Control dashboard (e.g. onboarding new metrics, designing reporting dashboard views, documentation, UAT testing, implementation, issues resolution)
  • Assist in the production of ad-hoc senior management presentations and various committee meetings
    • Provide critical support in the preparation of risk reporting and presentations for senior management and various governance forums (Group Operational Risk Committees, Board Risk Management Committee, MAS updates)
    • Conduct thorough analysis of risk trends to develop clear, concise narratives
    • Develop ad-hoc presentations on emerging risk topics
Requirements:

  • Candidates with at least 10 years of experience in internal/external audit in banking sector, and/or operational risk management.
  • Strong understanding of regulatory requirements and industry best practices related to operational risk management.
  • Excellent analytical and problem-solving skills, with the ability to identify and mitigate operational risks effectively.
  • Proficient in data analysis, reporting, and presentation skills to communicate complex risk information to stakeholders.
  • Demonstrated ability to collaborate with cross-functional teams and influence decision-making processes.
  • Ability to deliver results in a dynamic and challenging environment, with strong ability to multi-task yet detailed-oriented.

Location:

DBS Asia Central

Job:

Risk Management

Schedule:

Regular

Employee Status:

Full time

More Info

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About Company

Job ID: 147878119

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