ED/ MD Head of Operational Risk Central Programmes and Systems Management

OCBC (Singapore); Singapore; On-site; SGD 150,000 - 210,000; Full time

Job summary

Join OCBC as the Head of Group Operational Risk Management, where you'll lead initiatives in governance, analytics, and stakeholder engagement. We're looking for a driven professional with over 15 years in risk management, particularly in non-financial contexts. You will enhance our operational risk framework, ensuring compliance and effectiveness in driving risk management practices across the organization. Embrace opportunities for growth and excellence in a supportive environment focused on team collaboration and community impact.

Benefits

Flexible benefits

Industry-leading learning opportunities

Community initiatives

Qualifications

• More than 15 years of experience in a risk and control, audit, or compliance role.
• Deep experience in non-financial risk management.
• Proficient in Microsoft Office.

Responsibilities

• Lead a high performing team responsible for Operational Risk Governance.
• Oversee Operational Risk Events Reporting process.
• Develop and maintain operational risk dashboards and reporting tools.

Skills

Analytical

Problem Solver

Communication

Quantitative Skills

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

WHO WE ARE:
As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

Why Join:

Start your career with OCBC as Head of Group Operational Risk Management - Central Programmes and Systems Management (Managing Director/ Executive Director) in our Group Risk Management (GRM) Division.

At OCBC, 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 will to succeed, rise to the challenge today!

What you do :

Reporting to the Group Head of Operational Risk Management (ORM), you will join and lead a high performing team responsible for Operational Risk Governance, Central Programmes Management, Analytics & Reporting and Systems Management.

Operational Risk Governance:

1) Ensure the smooth conduct of Group Operational Risk Committee (ORC) and delivery of key Operational Risk agenda items to Board Risk Management Committee (BRMC).
2) Develop and implement a comprehensive operational risk governance framework aligned with regulatory requirements and industry best practices.
3) Establish and maintain policies, procedures, and standards for operational risk management across the organization.

Central Programme Management:

1) Oversee the Operational Risk Events Reporting process, ensuring timely identification, assessment, and reporting of operational risk events.
2) Lead the Risk and Control Self-Assessment (RCSA) process, facilitating workshops and ensuring comprehensive risk identification and control evaluation.
3) Coordinate the Internal Capital Adequacy Assessment Process (ICAAP) as it relates to operational risk, ensuring alignment with overall capital planning and risk appetite.
4) Manage the calculation of Risk-Weighted Assets (RWA) for operational risk, ensuring accuracy and compliance with regulatory standards.
5) Oversee the OCBC's insurance program, including the identification of insurable risks and the procurement of appropriate coverage and claims management processes.

Analytics & Reporting:

1) Develop and maintain operational risk dashboards and reporting tools to provide timely insights to senior management and stakeholders.
2) Analyze operational risk data to identify trends, emerging risks, and areas for improvement in risk management practices.
3) Prepare and present regular reports on operational risk performance, including key risk indicators (KRIs) and risk mitigation efforts to senior management and the board.

Systems Management:

1) Oversee the implementation and maintenance of operational risk management systems and tools to enhance data collection, analysis, and reporting capabilities.
2) Collaborate with IT and data management teams to ensure data integrity, security, and accessibility for operational risk management purposes.

Stakeholder Engagement:

1) Foster strong relationships with internal stakeholders, including business units, compliance, audit, and finance, to promote a culture of risk awareness and accountability.
2) Engage with external regulators and industry bodies to stay abreast of regulatory developments and best practices in operational risk management.
3) Lead training and awareness initiatives to enhance the organization's understanding of operational risk and its management.

Who you are :

1) You've got more than 15 years of experience in a risk and control, audit, or compliance role.
2) You have deep end-to end experience in non-financial risk management in the second line of defence capacity.
3) You're proficient in Microsoft Office, especially Microsoft Excel and PowerPoint.
4) Analytical, inquisitive, tenacious. You're a results-driven self-starter, an adept problem solver with strong quantitative skills and comfortable in communications with senior management.

Who we are :

As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation.
But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

What we offer :

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

What we offer:
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.