AVP / VP, Risk Management, Asia Growing Markets Department - Strategic Planning Group 2 (AGMD-SPG2)
Date:
Nov 4, 2024
Location:
Singapore
Office Location:
Responsibilities
- Assess, monitor and ensure robust framework for risk and controls in the business and operations of overseas subsidiaries including alignment of Risk Appetite Framework of subsidiaries with Head Office.
- Evaluate the effectiveness of internal control mechanisms and processes within various banking functions and operations.
- Formulate initiatives and solutions to address audit findings and internal control issues in collaboration with local offices with progress tracking to provide comprehensive, accurate and timely reporting to management and other stakeholders.
- Perform analysis and prepare risk reports related to liquidity and market risks for internal stakeholders.
- Responsible for treasury limits monitoring, investigation, and escalation of breaches.
- Promote effectiveness of internal controls by implementing continuous improvement measures in banking supporting functions.
- Ensure timeliness and accuracy in reporting and providing periodic concise/risk-focused input and updates to senior management on audit and internal control related matters.
- Monitor achievement of key performance indicators and promote effectiveness in risk and control environments.
- Manage strategic projects as such as participating in due diligence processes and project management during post-merger integration.
Requirements
- Bachelor’s Degree or Diploma qualifications with minimum 5-7 years working experience in the Banking sector with experience in dealing with issues related to governance, compliance, and risk management.
- Able to demonstrate sound knowledge of banking operation, compliance, regulatory and internal control issues.
- Demonstrated experience in risk management, especially in liquidity, market and credit risks, will be highly desirable.
- Sound knowledge in asset liability management (ALM) or balance sheet management functions in a bank or in consulting firm focusing on related areas will be a strong advantage.
- Experience in tasks related to risk reporting, analysis, and process improvement for internal and regulatory reports.
- Experience in early issue identification and analysis, and implementation of solutions ranging from risk control mechanisms and frameworks including evaluation of corrective actions will be an advantage.
- Strong analytical skills supported by good problem solving and logical reasoning capabilities.