DBS Bank - Unit Operational Risk Manager - Corporate Banking

Job Purpose :

To Assist IBG COO Head in implementing the DBS Group Operational Management Policy and processes within IBG with an aim of ensuring a sound Risk and Control environment.

Job Duties & Responsibilities:

- Enhance Risk Governance within IBG by driving unit's operational Risk committee or equivalent forum

- Ensure timely implementation of corporate operational risk policies, standards and guides within unit

- Develop and ensure implementation of unit specific operational Risk guidelines

- Promote risk and control awareness, including ensuring operational risk trainings are conducted and training plans are established and complied with

- Share Operational Risk best practices within IBG unit

- Ensure timely completion of unit's RCSA program and provide guidance on identification/assessment of Risk and Controls. Ensure that issues and action plans arising from RCSA and tracked to completion

- Timely reporting/escalating of risk events/significant incidents

- Review and validate risk events reported for factual accuracy, proper categorization of event, cause, effect and ensure that proper actions plans are established to correct and prevent event from recurring

- Collate, analyze, monitor and report KRI for the unit, ensuring that proper action plans are established to address issues

- Track and monitor issue/action plan arising from RCSA, Risk events, KRI, regulatory inspections, audit or other risk issues and alert IBG management of potential and/or actual past due issues

- Analyze and report IBG unit's operational Risk profile to IBG Management, with proposed action plans to address the issues

- Ensure timely implementation of the BCM policies and standards and business continuity readiness of the responsible unit

Required Experience :

1. Operational Risk Management / Audit for Corporate Banking unit

2. Sufficient knowledge and experience of the Unit's business operations and processes

3. Understanding of regulations related to AML/KYC/CFT locally as well as for the group

4. Ability to provide balanced perspective between business expediency and risk & control

5. Ability to communicate effectively