Vice President, Enterprise Risk Management 1
Date:
Feb 21, 2025
Location:
Singapore
Office Location:
One@Changi City, Singapore
VP, Enterprise Risk Management-Risk Management Infrastructure and Project Management
- Plan, manage and drive system/data development/procurement and project implementation to support enterprise-level Risk Management strategies, initiatives and frameworks in APAC
- Lead enterprise-level Risk Management project planning and execution in APAC and collaborate with cross-functional teams
- Manage enterprise-level Risk Management system/data requirements and lead change management for risk management in APAC
- Manage and maintain enterprise-level risk management tools, frameworks and systems in APAC for effective risk identification, treatment, monitoring and reporting
- Design, develop and update enterprise-level Risk Management policies and frameworks to support the enhancement of Data (BCBS 239) and Model Risk governance in APAC
- Ensure compliance with relevant regulations, standards, and best practices
- Liaise with key stakeholders in the 3 Lines of Defence to facilitate consultation, due diligence and approvals for APAC risk management frameworks, systems and projects
- Provide training and support to risk management colleagues, including from APAC offices, to enhance the effectiveness and efficiency of risk management infrastructure and frameworks in APAC
Job Responsibilities
- Assist in the development and enhancement of risk frameworks, standards and policies, and provide oversight across the 1st Line of Defence
- Review and challenge the effectiveness of risk controls in the 1st Line of Defence and implement best risk management practices
- Provide oversight over the systems and data infrastructure needed to support risk management activities in APAC
- Oversee the design of risk management data architecture as well as its alignment with the overall technology, data and model strategy of SMBC
- Manage the life cycle of Risk Management systems and work with users and stakeholders to maintain and enhance the systems in line with strategy, policy and framework changes in APAC
- Engage important stakeholders (risk managers, front office, vendors, etc.) to communicate and resolve issues pertaining to risk management systems and projects
- Prepare and present risk management reports to senior management and stakeholders
- Lead and facilitate risk management workshops and meetings
- Plan, manage and prioritize actions to manage regulatory expectations and audit requirements
Requirements
- Self-starter and critical thinker with good leadership skills
- Strong project management skills
- Good knowledge of data sets and data models; prior experience in implementing or managing GRC or any risk management system preferred
- University Graduate (BA or BSc in an analytical field)
- Minimum 5 years of experience in Risk Management, Compliance and Project Management; Prior experience in working with GRC system preferred
- Any risk management-related certification (eg. FRM, PRM, SCR) preferred
- Proactive, resourceful and able to think and act strategically and tactically
- Able to multi-task and work independently under tight timelines
- Strong verbal and written communication skills
- Strong stakeholder management skills
- Culturally sensitive