Job Responsibilities:
- Work closely with stakeholders in the 3 lines of defense to implement appropriate risk governance/oversight, design/determine/establish metrics like KRIs, implement/monitor/challenge (effectiveness of) controls and promote best practices that drive third party risk management, operational risk management and regulatory compliance
- Coordinate risk management efforts and manage Governance, Risk and Compliance (GRC) activities to drive timely completion of risk deliverables and resolution of key risk issues
- Communicate technical concepts to non-technical audience and senior management and lead efforts to cultivate and promote a strong operational risk culture and ensure adherence to operational risk management policies, procedures and standards
- Required to perform gap analysis of third-party risk management policies and processes against new regulatory requirements and guidelines.
- Responsible for the following areas of risk and business continuity management:
Enterprise Risk Management (Risk Register and New Product)Work closely with relevant parties to implement Risk Register and New Product modules for identifying, assessing, monitoring and reporting of all risk types inherent in business operations
Upkeep and operationalize Risk Register and New Product frameworks, including formulation and maintenance of risk taxonomies, policies, procedures and standards to ensure relevance and effectiveness
Report and communicate Risk Register results to senior management and relevant departments; Lead efforts to cultivate and promote a strong risk culture and ensure adherence to risk management policies, procedures and standards
Ensure timely and proper review and approval of new product applications, reviews and policies
Third Party Risk Management as a 2nd Line functionImplementation of risk governance and regulatory compliance frameworks and processes for assessing, monitoring and reporting of third party risks inherent in business operations
Upkeep and operationalize Third Party Risk Management Framework, including formulation and maintenance of policies, procedures and standards to meet regulatory requirements
Operational Risk ManagementUpkeep and operationalize Operational Risk Management frameworks, including formulation and maintenance of policies, procedures and standards to meet Operational Risk Management regulatory requirements and industry standards
Business Continuity ManagementUpkeep and operationalize Business Continuity Management, including formulation and maintenance of Business Continuity plan and relevant policies, procedures and standards to meet regulatory requirements
Job Requirements:
- University Graduate (BA or BSc in an analytical field)
- Minimum 3 years’ experience in Outsourcing, Procurement, Vendor/ third party risk management, Enterprise Risk Management and Operational Risk Management, preferably in banking or financial services.
- Any risk management-related certification (eg. FRM, PRM, SCR) or any Operational Risk or Business Continuity Management-related qualifications would be preferred
- Certifications such as CTPRP, CTPRA, CISSP, CRISC, CRCM would be preferred.
- Strong project management skills, prior experience in implementing or working with GRC system is preferred
- Familiarity with ICAAP, operational resilience concepts (eg. Business Continuity Management, Disaster Recovery planning) and non-financial risk management (eg. Technology Risk, Third-Party Risk) will be favorably considered.
- Proactive, resourceful and able to think and act strategically and tactically
- Self-starter, able to multi-task and work independently under tight timelines
- Strong communication and stakeholder management skills
Interested candidates who wish to apply for the advertised position, please click on "Apply Now". We regret that only shortlisted candidates will be notified.
PERSOLKELLY Singapore Pte Ltd • RCB No. 200007268E
EA License No. 01C4394 • EA Registration No. R23114347 (Pang Xue Ni)
