1 Year Contract Business Risk Specialist - Business Surveillance & Assurance

Bank of Singapore, Asia’s Global Private Bank; Singapore; Presencial; SGD 45.000 - 75.000; Jornada completa

Descripción de la vacante

Bank of Singapore invites applications for a role in the Business Surveillance and Assurance team, performing reviews under a globally aligned surveillance framework and monitoring adherence to bank policies. The incumbent will identify potential misconduct and emerging risk and raise it to the appropriate forum.

The role includes coaching staff to meet Policy & Procedure requirements, coordinating trainings, and collaborating with Front Office and Risk functions to enhance surveillance

Formación

• 2+ years of experience in Audit, Risk and Control or Compliance in Private Banking preferred.
• Knowledge of regulatory and compliance requirements such as fair dealing practices.
• High integrity, independent, adaptable with initiative.
• Strong analytical skills and attention to detail.
• Excellent interpersonal and communication skills.
• Proactive team player with a collaborative mindset.
• Proficiency with Co-Pilot Premium, Power Automate and data analytics tools is a plus.

Responsabilidades

• Conduct reviews based on a risk-based program to assess client-facing staff against regulatory and internal policies.
• Analyse and identify potential gaps in operational procedures.
• Maintain internal documentation as evidence of work performed.
• Explain surveillance findings to staff and monitored teams.
• Manage stakeholders' expectations and ensure timely escalation.
• Participate in internal investigations related to staff misconduct.
• Consolidate and present surveillance findings to Senior Management.
• Collaborate with Front Office and Risk department functions.
• Engage in Bank or departmental projects and coordinate internal trainings.

Conocimientos

Regulatory compliance

Analytical thinking

Stakeholder management

Team collaboration

Co-Pilot Premium

Power Automate

Data analytics tools

Herramientas

Co-Pilot Premium

Power Automate

Data analytics tools

Descripción del empleo

Bank of Singapore opens doors to new opportunities.

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 the Business Surveillance and Assurance department is responsible to perform the reviews in accordance with the surveillance framework with a set of globally aligned methodologies, as well as location specific reviews. The incumbent will monitor any non-adherence to the existing requirements as set out in the bank’s policies and highlight any potential misconduct and emerging risk to the relevant forum and parties.

The candidate is expected to provide coaching and training to staff being monitored to enable them to meet Policy & Procedure requirements.

Main Duties

• Conduct reviews based on a risk-based program to assess that client facing staff meets the regulatory requirements and internal policy requirements, primarily on fair dealing practices, client suitability, sales and dealing practices, staff conduct matters, pricing, periodic reviews, and gift and entertainment controls.
• Analyse and identify any potential gaps in existing operational procedures
• Maintain internal documentation as evidence of work done.
• Explain surveillance findings to staff and/or team being monitored.
• Manage stakeholders’ expectations and ensure timely escalation.
• Participate in internal investigation especially relating to matters concerning staff misconduct issues.
• Consolidate and prepare surveillance findings and management reports to Senior Management.
• Collaborate with Front Office and functions within Risk department.
• Engage in Bank’s or departmental projects.
• Coordinate internal training for staff including client facing staff.

Continuous collaboration on the enhancement to the surveillance procedures with global offices.

Requirements

• Minimum 2 years of experience in in Audit, Risk and Control or Compliance function, preferably in Private Banking environment
• Good knowledge of regulatory and compliance requirements such as fair dealing practices
• High level of integrity, independent, adaptable and committed with high level of initiative
• Needs to be inquisitive and have strong analytical skills and attention to details
• Strong interpersonal and professional communication skills
• Excellent team and organizational skills working with cross functional stakeholders
• Consummate team player with a positive, pragmatic, flexible and creative approach.
• Proficiency in Co-Pilot Premium, Power Automate and data analytic tools is a plus