Senior Risk Advisor - Singapore - EDC

EDC

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Posting Date:
May 15, 2024, 8:04:24 AM

Primary Location:
Singapore

Job Type:
Permanent

Schedule:
Full-time

Export Development Canada (EDC) is Canada's export credit agency, a financial institution that provides Canadian exporters and investors with the financial solutions they need to expand their international business.

Our mandate is to support and develop, directly or indirectly, Canada's export trade and Canadian capacity to engage and respond to global business opportunities.

EDC is active in as many as 200 markets worldwide with presence in over 20 countries, allowing us to be where our customers are, and to leverage relationships with the Canadian Trade Commissioner Service, international buyers and borrowers.

When you join our team, you'll be involved in landmark transactions helping Canadian companies bring their vision, passion and innovation to the global marketplace.

You'll work shoulder-to-shoulder with the best and the brightest in an inclusive, collaborative environment that fosters professional development and success.

And you'll know that you're making a difference every day — for our clients and for the people you work with.

Year after year, EDC has been recognized as a Top 100 and Top Family-Friendly Employer in Canada.

The EDC branch office in Singapore serves as a hub for the Asia Pacific region.

The branch allows us to more effectively support our Asian and Canadian customers as they go, grow and succeed internationally.

Team & Job Overview

As an Export Credit Agency, Export Development Canada (EDC) helps Canadian companies of all sizes succeed on the world stage.

With this goal in mind, EDC aims to increase trade opportunities in the Indo-Pacific region through growing our local presence in Singapore with a variety of locally offered services.

This is an opportunity for an individual who is a self-starter thrives in a dynamic team environment and is motivated to work directly on the ever-evolving Financial Crimes risks in the financial sector.

Key Responsibilities

Works with inmarket teams to manage key relationships through providing Financial Crimes expertise and resources to help create competitive advantage for customers and partners.
Educates and provides guidance to deal teams and colleagues as it pertains to local and global best practices pertaining to the changing landscape of Financial Crimes.
Leverages indepth knowledge of EDC products and internal network to build a riskaware culture and improve process efficiencies/effectiveness.
Independently leads complex financial crimes risk analysis for business transactions and relationships, presents findings and recommendations to business teams and management committees.
Reviews and assesses information from open and nonpublic sources to identify financial crimes and reputational risks associated with transaction counterparties.
Reviews the risk management system and controls of counterparties and other mitigating factors and assesses the residual risk.
In collaboration with Legal and/or Compliance & Ethics as appropriate, conducts indepth due diligence and customer engagement.
Helps business teams make informed decisions by clearly articulating potential legal, financial, compliance, or reputational impacts to EDC in complex transactions, relationships or product innovations.
Communicates effectively with customers and other external audiences regarding EDC's approach to managing financial crimes risks.
Stays abreast of trends and best practices in financial crimes risk management to contribute to the team's expertise and knowledge building initiatives.
Proactively identifies process efficiencies and standards and leads process optimization and scalability initiatives.
Advises on the implementation of EDC's Financial Crimes program and related process and systems improvements for existing products and new product innovation.
Completes quality control reviews of colleagues' work, delivering clear verbal and written feedback and informal coaching or training as required.
Communicates the Financial Crimes risk issues and mitigations effectively, both verbally and writing

Screening Criteria

University Degree in Business Administration, Accounting, Law, Political Science or other related field.
Minimum 7 years' experience in Financial Crimes compliance and/or enhanced due diligence, specifically as it relates to compliance and ethics programs, thirdparty/vendor screening programs or customer onboarding programs.
Demonstrated ability to build and manage relationships with customers and stakeholders.
Proven experience in preparing written reports on financial crime risks associated with highrisk business relationships and/or transactions, as well as presenting recommendations to senior management on mitigation measures required to address potential legal, compliance, and reputational impacts.
Ability to work in a matrix organiz