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

Front Office Risk Specialist, Controls Assurance (Senior Associate)

-

(

2300009G

)

Description
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.

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 5 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

Primary Location:

Singapore

Job:

Risk Management

Organization:

Bank of Singapore Division

Schedule:

Permanent

:
Full-time

Job Posting:
13-Feb-2023, 4:15:38 AM