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VP, Business Operational Risk, Corporate & Institutional Banking

  • Regional 2ndLine Business Operational Risk
  • Expansion in Singapore
  • Attractive Package

Our Client is an International Banking Group with an established and growing presence in Asia. The Bank mainly engages in Corporate Banking, Institutional Banking, Transaction Banking, Global Markets and Asset Management business activities in Asia. As part of strategic growth in Asia, the bank is seeking an experienced Operational Risk Management professional supporting the Corporate & Institutional Banking businesses covering the Asia region, based in Singapore.

The key responsibilities for this position are as follows:

  • Senior member of the Regional Second Line of Defence Business Operational Risk Management Team.
  • Take a lead role in supporting the Corporate Banking, Institutional Banking, Coverage and Transaction Banking businesses on operational risk matters.
  • Establish and develop innovative operational risk management approach, processes and procedures.
  • Challenge the First Line Business Risk program execution including planning, assessment, mitigation, monitoring and reporting, risk acceptances and new business initiatives.
  • Provide firm-wide risk oversight and governance for the designated businesses and challenge existing risk management principles and assumptions.
  • Perform independent risk assessment across the various lines of businesses, deliver the results and work with the First Line Risk Management teams as a partner to identify all operational risks, assess impact, provide remediation solutions and develop action plans.
  • Review, monitor and ensure adequate controls are in place for identifying and addressing risk issues according to regulatory and internal risk management requirements.
  • Provide consultative advice and recommendations to the Businesses and First Line Risk Management teams on risk management priorities and meeting operational risk program standards while identify opportunities to influence best practices.
  • Lead and / or participate in risk management transformational projects in the region.

Successful applicants will have the following skills and experience:

  • Degree qualified ideally with relevant professional qualifications in audit, risk or compliance.
  • Min. 12 years relevant experience across a combination of operational risk management, enterprise risk management, other non-financial risk management, audit, internal control, compliance and / or 1st line business risk management roles.
  • Experience in Corporate Banking, Institutional Banking and / or Transaction Banking (cash, payments, trade finance etc.) is highly preferred, other banking exposure with relevant risk management experience would also be considered.
  • Good knowledge of enterprise risk management framework, risk identification, risk appetite and strategy, processes and controls, risk analytics and governance.
  • Familiarity to banking rules and regulations in Asia.
  • Excellent communication skills with fluency in English.

Information provided is for recruitment purposes only.

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