AVP, Operational Risk Control - International Centres, Risk Management Group

  • Looking for risk controller with at least 6 years of relevant experience for international
  • Singapore
  • Permanent, Full time
  • DBS Bank Limited
  • 27 Jul 16

Looking for risk controller with at least 6 years of relevant experience for international centres. Responsible of establishing and maintaining policies and managing the operational risk issues.

DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2015.

Business Function 



 



Risk Management Group works closely with our business partners to manage the bank’s risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure. 





Responsibilities





OR Control for International Centres (50%)







  1. Key responsibilities of a Risk Controller (RC) for International Centres include the following:

  2. Provide advice, guidance and training to International Centres’ business/support units (end-to-end) on operational risk matters including risk management structure and processes, driving operational risk initiatives, tailoring of Group policies, where applicable for adoption at the units

  3. Provide support/assistance to senior RC in the engagement with the International Centres management team and participation in the unit’s business control committee meetings in raising risk issues arising in the end-to-end processes

  4. Participate in major change initiatives of International Centres (including new product/service and outsourcing), providing inputs to mitigate operational risks

  5. Liaise with International Centres’ business/support units’ partners in the various control and support functions (e.g. Credit, Compliance, Legal) in addressing operational risk issues arising in the end-to-end processes

  6. As appropriate, conduct reviews on operational risk metrics (e.g. risk events, RCSA, KRIs) including the responses and action plans, and assessing the effectiveness of these as adequate mitigants to the risks identified

  7. Identify and alert senior/unit management of systemic operational risk issues/emerging trends in International Centres, whilst ensuring that there are appropriate preventive/detective controls in place

  8. Support or advise other units as appropriate or assigned







Data Analytics (50%)







  1. Assist in the team’s initiative to develop data analytics capabilities for Operational Risk Management

  2. Leverage data analytics to assist management to assess key operational risk issues, monitor effectiveness or operational risk management and provide timely risk analysis and reporting via the various OR tools and firm-wide Operational Risk Management system

  3. Analyse and identify trends and any systemic issues/emerging trends; highlight key insights and areas requiring focus in managing operational across units and locations


 


Requirements



  1. University degree or equivalent, with major study in finance, business administration, accountancy or economics

  2. 6-8 years of experience in financial institutions, with exposures to risk and control areas.  Prior experience in operational risk management, banking operations, middle office, business analysis, project management and data analysis is preferred

  3. Good knowledge of banking products/services, activities and operations with experience in different businesses and/or operations (corporate banking, private banking, treasury & markets)

  4. Analytical and able to identify potential operational risk exposures in business activities, new product/service offerings and outsourcing initiatives, and assess the appropriateness and adequacy of mitigating controls required

  5. Strong presentation and inter-personal skills, with ability to work with people of different levels

  6. Excellent written and oral communication skills

  7. Good project management skills

  8. Ability to work with business/support units at all levels in rollout of various operational risk management processes

  9. Must be a team player with ability to work professionally with team members and workgroups formed with other business/support units







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.