NOTE: Please note that this is for a team manager lead role

The Private Bank Business Risk and Controls Management (PB BRCM) function sits with the PB Business as part of 1st line of defense, under the PB COO organization. PB BRCM actively drives and maintains oversight of the front to back activities and risk profile of the PB business, in close partnership with the business and supporting control functions. The PB BRCM function has responsibility over ensuring proper management and oversight across Non-financial risk taxonomies, including Investment Suitability, AML/KYC, Anti-fraud, Conduct, Cross border activities, Data Privacy, BCM etc. The BRCM function runs various risk governances, risk assessments, controls, reviews and advisory related activities over the PB business.

Job Responsibilities

As a member of Private Bank Business Risk Controls Management (PB BRCM) team, this role will play an important role in assisting the Head of Private Bank BRCM in driving Risk and Regulatory Competency capabilities within the 1st line of defense.

• Specifically, this role will manage other members of the BRCM team, as well as having close interactions with Front office and business partners (e.g. Products / COO).

• Build out of PB Risk Competency Centres in Sales process, Anti-Fraud, Investment Suitability

• Review and enhance PB risk framework and guidelines on key risk taxonomies for compliance with regulatory and policy requirements

• Review and uplift assurance and surveillance testing procedures, including sampling methodologies to focus on higher risk subjects

• Manage and drive implementation of regulatory change and key risks portfolio

• Risk advisory on Sales process matters to Front Office

• Manage key risk governance forums, audit and regulatory inspections.

• Lead special projects, thematic reviews or investigations through the use of analytics (where possible) around certain key risk taxonomies (e.g. Anti-Fraud)

• Deploy use of data analytics to pro-actively identify emerging risk hotspots or indicators

Job Requirements

• At least 9 years and above of experience in financial institution preferably with background in Private Bank business risk, compliance, audit or consulting.

• Strong experience in PB sales processes, Anti-Fraud and application of requirements within Private Bank frameworks, including assurance testing procedures

• Understanding of private bank products (ie investment products such as FX PIVOT, ACCUMULATOR, other derivatives)

• Good track record in managing regulatory and risk change portfolios, projects governances and inspections

• Adept at power point and familiarity in working with data for risk management, particularly in data analytics / automation / visualization skillsets

• Ability to drive thematic reviews and assessments of risk topics or special cases (e.g. plan, execute, report)

• Possesses the necessary communication skills and ability to work effectively with all levels within the organization

• Self-starter, motivated, independent, meticulous with analytical mindset to problem solve and drive topics and solutions