Senior Manager, Business Controls, Financial Markets CORE (2-year contract) Senior Manager, Business Controls, Financial  …

in Singapore
Contract, Full time
Last application, 22 Jun 21
in Singapore
Contract, Full time
Last application, 22 Jun 21
We are currently seeking an experienced risk and controls specialist to work within the Financial Markets (“FM”) Business Controls & Monitoring (“BCM”) function in FM, Singapore, covering business activities of Financial Markets globally.

A comprehensive, Group-wide transformation program was launched in 2020 for improving Customer Outcomes and Risk Excellence (“CORE”) with a view to strengthen the management of risk right across the bank. This new role is responsible for implementing the Integrated CORE Plan for FM, working on the workstreams where FM is the lead for Westpac Institutional Bank (“WIB”) as well as the workstreams where FM will be responsible for the Line of Business (“LOB”) implementation of deliverables under the plan, including the evidence and closure requirements. CORE is a high profile program with great visibility amongst the senior management within FM, WIB and across the Westpac Group and covers many aspects of financial and non-financial risk and governance across the Bank. It spans across many aspects of risk and governance including data and technology Risk as well as people, capability and  organisational design.

The key tasks for this role include:

  1. Supporting the FM Core Champion in coordinating across the various workstreams including the ones that FM is taking the lead with WIB
  2. Work with the BCM partners in supporting individual sub workstreams and ensuring the progress of each workstream in on track and blockages and issues are identified and escalated quickly and early.
  3. Working through the deliverables, closure requirements and evidence documentation under the Workstreams 6 (Risk Roles and Capability), 18 (Market Risk Governance) and 19 (Liquidity and Capital Adequacy Risk Governance).
  4. Organising and planning workshops, surveys and focus groups and agree action plan within FM and with other important 2nd line functions such as Risk and Compliance especially WS 6 (Risk Roles and Capability)
  5. Work on regular cadence for governance and update to FM and WIB on the progress of the project

Knowledge and Experience:

  • Strong portfolio or project management experience in the financial services industry (5+ years).
  • Intermediate understanding of business architecture.
  • Strong risk management or audit experience (5+ years) or operational risk or compliance experience (3+ years) in the financial services industry.
  • Strong workshop facilitation experience.
  • Strong understanding of business drivers (customer, cost, productivity, risk)
  • Significant (6+) years of experience in risk roles in the Financial Services industry
  • Minimum of bachelor’s degree in law, finance, commerce, Accounting or other relevant discipline.
  • Knowledge of local, regional & international banking regulation
  • Good understanding of banking products and processes, systems and policies across multiple business divisions is preferable.
  • Financial Markets experience or knowledge is desirable.

Attributes, Skills and Capabilities:

  • Strong stakeholder management skills.
  • Strong communication skills (verbal & written).
  • Strong workshop facilitation experience.
  • Strong understanding of business drivers (customer, cost, productivity, risk).
  • Self-motivated personality with the ability to make things happen
  • Strong communication, influencing and relationship management skills across the organisation
  • Strong analytical and problem-solving skills
  • Demonstrable experience of translating the complex into the simple and communicating with passion
  • Working with complexity and ambiguity
  • Navigating through a complex organisation and managing divergent drivers and objectives to produce optimal results
  • The ability to constructively challenge to ensure that the business continues to meet regulatory expectations and risk appetite
  • Excellent risk management and judgement capability, and the ability to make sound decisions quickly
  • Excellent organisational skills and the ability to manage competing priorities
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