AVP, Operational Risk Management

DBS Bank; Hong Kong; On-site; HKD 600,000 - 800,000; Full time

Benefits offered by this job

Competitive salary and benefits package

Support for professional development

Job summary

DBS Bank is seeking an experienced Operational Risk Manager in Hong Kong to develop and implement comprehensive operational risk management frameworks. The ideal candidate will have a strong background in regulatory requirements and industry best practices.

Responsibilities include conducting risk assessments, overseeing implementation of risk management tools, and collaborating with various stakeholders. A competitive salary and benefits package is offered, supporting your professional development in a dynamic environment.

Qualifications

• Minimum 6 years of experience in operational risk management.
• Strong understanding of regulatory requirements and best practices.
• Proven track record in developing effective operational risk frameworks.

Responsibilities

• Develop and implement operational risk management frameworks.
• Collaborate with stakeholders on risk reporting and governance.
• Conduct risk assessments and develop mitigation strategies.

Skills

Operational risk management

Analytical skills

Communication skills

Stakeholder management

Education

Degree in Accounting, IT, Legal, Finance, or related discipline

Tools

Risk management tools

Data analytics tools

Job description

Business Function

Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.

Responsibilities

• Develop and implement comprehensive operational risk management frameworks, policies, and procedures to identify, assess, monitor, and mitigate operational risks across the organization
• Provide subject matter expertise and guidance to business units and support functions on operational risk management best practices
• Collaborate with stakeholders to ensure effective risk reporting, escalation, and governance processes are in place
• Conduct risk assessments, root cause analyses, and develop mitigation strategies to address identified operational risks
• Oversee the implementation of operational risk management tools and systems to enhance risk visibility and data‑driven decision‑making
• Contribute to the development and enhancement of the organization’s operational resilience capabilities
• Participate in the design and delivery of operational risk management training programs to build risk awareness and capabilities across the organization

Requirements

• Degree holder (or equivalent) in Accounting, IT, Legal, Finance or business‑related discipline
• Minimum 6 years of working experience in operational risk management or internal control related function, with a strong understanding of regulatory requirements and industry best practices
• Proven track record in developing and implementing effective operational risk management frameworks and solutions
• Prior experience in Outsourcing Risk or Third Party Risk Management (TPRM) is a plus
• Prior experience in AI, dashboard and other data analytic tools is a plus
• Excellent analytical and problem‑solving skills, with the ability to identify and address complex operational risks
• Strong communication and stakeholder management skills, with the ability to influence and collaborate with cross‑functional teams
• Proficient in the use of risk management tools and data analytics to support decision‑making
• Demonstrated expertise in managing operational risk in a financial services or banking environment
• Relevant professional certifications (e.g., ECF‑ORM, PRMIA, GARP or CISA) are preferred

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

Location: One Island East