Front Office Risk Specialist, Controls Assurance - Singapore - Bank of Singapore

Bank of Singapore

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels.

Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group's global network of subsidiaries and offices.

If you have passion, drive and the will to succeed, rise to the challenge today

This position within Front Office Risk Management is responsible to further enhance and strengthen the Private Banking control framework.

This is to ensure that the Bank is compliant with Private Banking Controls and Regulations, and at the same time achieve continuous improvement around business risk processes.

This role reports to the Head of Front Office Risk Management, which is part of the Global Front Line Risk and Control ("FLRC") unit, with an objective to consolidate and drive the risk and control function for the 1 st line of defence.

In this role, your main duties and responsibilities will involve:

Perform regular control & monitoring checks for topics such as pricing, cross border compliance, client onboarding, periodic reviews, transactional reviews, gift and entertainment controls & other topics as identified by Head of Front Office Risk Management to ensure that Front Office conducts activities as per internal policies and procedures
Documentation and reviews of the relevant processes for the topics identified for the control checks performed to ensure proper audit trail
Timely followup on any identified deficiencies to minimize potential noncompliance and escalation to management as required
Analyse and identify any potential gaps in existing operational procedures
Maintain working partner relationship with internal and external stakeholders

Qualifications

Requirements:

Minimum of 68 years of experience, with practical experience in performing control checks in a Private Bank environment will be advantageous
Strong analytical and good knowledge of risk, regulatory, control and process design
Understand business flow and processes and be able to investigate and analyze issues with an attention to details
Willingness to learn and embrace challenges and changes
Able to rapidly assimilate and multitask
Able to work independently and guide/lead the junior members of the team
Strong interpersonal and professional communication skills (both oral and written). Must have strong presentation and group facilitation skills.
Excellent team and organizational leadership skills working with cross functional stakeholders
Experience managing and working confidently and collaboratively across functional teams
Good understanding of project management methodologies; demonstrated ability to plan, schedule and coordinate various streams within a project and manage crossfunctional project teams to deliver on time and within budget; ability to identify and drive issues to a quick resolution while balancing the needs of the business, the customer and the team; demonstrated ability to successfully manage multiple concurrent streams through prioritization.