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AVP, Operational Risk and Control Specialist, CBWMO, Group COO

7-9 Years
  • Posted 10 hours ago
  • Be among the first 10 applicants

Job Description

Business Function

Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Responsibilities

  • Responsible for the identification, reporting and escalation of emerging operational risk through the execution of Group's operational risk management framework tools.
  • Effective management of operational risk issues, including timely reporting, root cause analysis, recommendation of corrective and preventive actions and tracking them to closure
  • Perform periodic control validation, risk assessments on Ops processes, and Control Quality Assurance (CQA) testing for Ops Risk Metrics/KRI/GLAO to ensure compliance with the Group's policies, standards/guidelines and risk exposure are within risk appetite.
  • Perform deep dives of operational processes and landscape reviews, including Turn-around time (TAT) and General Ledger Account Ownership processes (GLAO).
  • Perform risk reviews for new processes arising from new product launches, transfer of activities or process automation.
  • Support the execution of business initiatives under the Ops Risk Metrics/GLAO & MJE remit, from requirements gathering, UAT till implementation.
  • Promote risk awareness and compliance with Group's policies, standards and guidelines by conducting periodic operational risk trainings and workshops.
  • Liaison party with other control functions such as Group Risk/Compliance/Finance for advisory matters.

Requirements

  • Degree in Accountancy, Business or Banking and Finance will be preferred
  • At least 7 years of experience in Banking Operations, with knowledge of Reconciliation, Projects Management and Operational Risk/Controls within Financial Services
  • Familiarity with Consumer Banking Operations and/or Wealth Operations will be an added advantage
  • Meticulous and analytical

Location:

DBS Asia Hub

Job:

Risk Management

Schedule:

Regular

Employee Status:

Full time

More Info

Job Type:
Industry:
Employment Type:

About Company

Job ID: 153701349

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