Business Overview:

Risk and Control is the 1.5 line of defense function for Risk Management globally and acts as a dedicated governance and control team for Risk Division. The main responsibilities are to ensure controls and governance across Risk Management functions are in line with the senior management expectations. This is achieved through carrying out policies and procedures reviews in areas of focus basis senior management feedback, review RCSAs and conduct control testing, drive projects that enhance governance and operational risk management within Risk Division. The team is also responsible for monitoring and reporting of controls including relevant KPIs, KRIs and drives a monthly global governance forum. The team makes recommendations to Senior Management and prepares lessons learnt as required from the various framework and deep dive reviews. All Risk and Control findings and recommendations are presented to senior management and or relevant committees for further actions.

Role & Responsibilities:

- Conduct design and operating effectiveness testing of controls across Risk Division, collaborating with Risk owners and control owners globally to validate control adequacy and performance through systematic sample testing. Additionally, conduct thematic review of RCSAs to ensure consistency and completeness of RCSA register for Risk division

- Lead implementation of operational risk frameworks across Events, RCSA, KRIs and Reporting, working with risk sub-functions to embed practices into BAU operations and drive continuous enhancement initiatives

- Co-ordinate with Operational Risk teams to mitigate the gaps by working closely with Risk Functions in building solutions for control enhancement

- Responsible for carrying out sample testing of process or risk applications to ensure effective control and governance by working closely with Risk Managers globally.

- Carry out deep-dive thematic reviews in the areas of emerging risk or as per the request of senior risk management

- Work on global governance projects that are cross regional and cross functional in nature. This requires working with key stakeholders across Risk Management.

- Monitor, report and recommend KRIs and KPIs for enhanced control and management reporting purposes to the senior risk management forums

- Have technical expertise to carry out sample testing of EUCs, to confirm if they abide with EUC control and governance framework related requirements.

- To maintain proper documentation of all the processes

- Performs other duties and tasks as assigned

- Can operate with a limited level of direct supervision

- Help with other ad hoc activities as the need arises