Risk Analyst - Technology (Associate Director) Risk Analyst - Technology (Associate Director) …

Bank of Singapore
in Singapore, Singapore, Singapore
Permanent, Full time
Be the first to apply
Competitive
Bank of Singapore
in Singapore, Singapore, Singapore
Permanent, Full time
Be the first to apply
Competitive
Risk Analyst - Technology (Associate Director)
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

Bank of Singapore opens doors to new opportunities.

Build your career with Bank of Singapore as a Technology Risk Analyst in our Risk, Security & Contol Team!

At Bank of Singapore (BOS), we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group's global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

The primary responsibility of this position is to support the Head, Risk and Control (Technology) to provide efficient and effective risk and control governance and management for Technology-related areas for the Global Head, Operations & Technology Office, as well as, assist with handling of technology / operational activities as assigned

Responsibilities:
  • Compliance to the Operational Risk Management Framework and Charter, as well as all Operational Risk related policies, procedures and guidelines.
  • Integration of operational risk management into core business or internal processes, i.e. systems and processes are designed with operational risk management in mind, risk assessments are performed, including the adequacy and effectiveness of existing and planned controls.
  • Review and update new and existing products, business lines and initiatives in relation to operational risk.
  • Proactively participate in the discussions on identifying, managing and mitigating operational risk matters. This includes, but not limited to, operational risk incidents (ORIs), data loss related matters, blended insurance program, self-assessment review, etc.
  • Provide prompt updates on any operational risk issues and actions taken in their respective BUs.
  • Work with ORM on operational risk matters.
  • Roll out Operational Risk programs, tools and initiatives.
  • Coordinate the formulation of Business Unit (BU) procedures covering operational risk.
  • Advise Executive Risk Committee/Technology Risk Management Committee/Outsourcing Management Control Group/Information Risk Working Group and Management on status of action plans, risk monitoring and the outcome of risk assessments.
  • Co-ordinate the collection of operational loss data and related qualitative data. In addition, ensure accuracy, completeness and timeliness, as well as proper classification of the data (e.g. business line, event type, etc) to facilitate operational risk analysis and capital allocation.
  • Promote the general Operational Risk Awareness among relevant staff.
  • Collate and compile Key Risk Indicators (KRIs) for Technology Risk Reporting. Perform analysis of KRIs for emerging risk trends and recommend actions to address the risk.
  • Facilitate completion of Risk Control Self-Assessment (RCSA) and Regulatory Requirement Self-Assessment (RRSA) attestations across Technology.
  • Analyse trends in data, interpret the data, identify issues, provide insights into potential contributory factors and draws sound conclusions.
  • Trusted advisor to Technology teams on risk and control matters including conducting special reviews / risk assessments. Work closely with key stakeholders to identify and remediate technology risks.


Qualifications
Requirements:
  • Minimum Bachelor Degree in Computer Science or equivalent.
  • Minimum of 10 years working experience in a similar role, preferably within a financial institution.
  • Ability to identify risks and assess adequacy of controls as well as being able to make suitable recommendations for control enhancements are key requirements for this role.
  • Customer service focused. Ability to empathize with clients' needs and instil confidence that their issues will be resolved efficiently without compromising on controls requirements.
  • Strong understanding of local and regional technology regulations.
  • Strong report writing and analytical skills.
  • Professional certifications like CISA, CRISC, and similar certifications.

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