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Operational Risk Management Specialist

5-8 Years
SGD 7,000 - 8,000 per month
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Job Description

About the Company

A well-established global financial services organization.

About the Job

  • Guarantee local operations strictly adhere to overarching corporate risk and compliance structures.

  • Provide strategic guidance to business divisions regarding regulatory obligations and risk reduction tactics.

  • Manage and carry out the yearly compliance agenda to ensure all milestones are met on schedule.

  • Supervise vendor and external sourcing risks, verifying conformity with internal protocols and guidelines.

  • Facilitate and align independent evaluations of outsourced functions handled by internal group affiliates to meet regulatory baselines.

  • Evaluate and update the parameters of outsourcing contracts while tracking Key Risk Indicators (KRIs) to flag and escalate potential issues early.

  • Deliver independent evaluation and constructive challenge regarding data, technology, and cybersecurity threats from a second-line defense viewpoint.

  • Offer counsel on maintaining alignment with regulatory benchmarks for IT risk management and digital security.

  • Track and present updates on IT and data vulnerability trends, breaches, and corrective actions to governing committees.

  • Execute targeted, risk-focused assessments and Control Self-Assessments (RCSA) to confirm the efficiency of internal safeguards.

  • Assist with specialized assignments and strategic programs under the guidance of the Risk and Compliance leadership team.

Skills and Requirements

  • Professional Background: 5 to 8 years of dedicated experience in risk management or compliance departments

  • Regulatory Knowledge: Deep understanding of risk frameworks and local compliance mandates, specifically regarding technology risk management and outsourcing guidelines.

To apply online please use the apply function.(EA: 94C3609/ R24124496)

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Job ID: 148481381