Executive, Risk Management (SG)

iFAST Corporation; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A financial technology company based in Singapore is seeking a Risk Management Executive to support the development of risk management plans and policies. The ideal candidate will have a First Class/Good Honours Degree in Economics and experience in Operational Risk, particularly with third-party risk. Strong communication skills in English and some proficiency in Chinese are required.

Benefits

Game room with PS4 and Foosball

Vending machines with snacks and coffee

Yearly activities like Movie Day and outdoor events

Competitive salary

Insurance and medical coverage

Monthly sports allowance

Qualifications

• Direct experience in Operational Risk, particularly third-party risk.
• Good command of spoken and written English; conversant in Chinese.
• Independent, driven, resourceful and meticulous.

Responsibilities

• Support the development of risk management plans and policies.
• Lead risk control self-assessment programs.
• Produce regular reports highlighting key risk areas.

Skills

Operational Risk

Data analytics skills

English proficiency

Communication skills

Analytical skills

Education

First Class/Good Honours Degree in Economics

Tools

R programming

SQL

Job description

iFAST Corporation Ltd is a global digital banking and wealth management fintech platform headquartered in Singapore. The Risk Management department is seeking an inquisitive Risk Management Executive to join our team to collaborate with departments to champion risk management initiatives and continue to build on our risk-aware culture.

Responsibilities

• Support the development of risk management plans through the establishment of robust enterprise-wide risk management policies and processes, and set risk limits to guide risk-taking within the Group
• Contribute to the overall success of the Risk Management function through delivery of specific goals, plans in support of business strategies and objectives
• Lead risk control self-assessment program through scope review of the significant business units and processes, identify and assess risk areas, advise on the design of risk controls, and monitor and coordinate updates of remediation action plans to mitigate identified risk areas
• Lead and partner with the business lines and support functions to ensure risk metrics and risk appetites are defined, documented and thresholds justified through rationales for principal risks
• Participate, partner with and provide guidance to the business lines and control and support units to ensure new initiative sponsors assess risks appropriately
• Produce regular reports highlighting key risk areas, including market, credit and liquidity risk measures, and key performance trend, contribution and attribution analytics
• Perform stress testing or scenario analysis at portfolio or company-wide levels
• Participate in Scenario Analysis through documentation and research of relevant internal and external operational loss events
• Provide input/support in the development and communication of processes to support policy implementation
• Identify and address opportunities for improving controls and efficiencies of processes
• Be involved in user requirement studies and user acceptance testing for risk and performance systems
• Assist Team Leads and Management with ad-hoc requests

Qualifications / Requirements

• Graduated with First Class/Good Honours Degree in Economics
• Direct experience in Operational Risk, particularly third-party risk
• Good command of spoken and written English; conversant in Chinese to liaise with Chinese-speaking associates
• Data analytics skills, including knowledge of R programming and SQL
• High level of drive and initiative, strong communication, analytical, quantitative and interpersonal skills
• Independent, driven, resourceful and meticulous
• Ability to multi-task in a fast-paced environment

All applications will be treated in strict confidence. We regret that only shortlisted applicants will be notified.

Note: Job responsibilities and requirements are representative and are not intended to be a detailed list. Other tasks/abilities may be required of the incumbent, relative to the specific assignment.

Benefits

• Fun: Game room with PS4, FIFA19 and Foosball
• Snacks & Beverages: Vending machines with various snacks and coffee
• Yearly activities: Movie Day, outdoor activities, festive-season celebrations, and more
• Remuneration package: Competitive salary
• Coverage: Insurance and medical coverage
• Allowances: Monthly sports allowance, department gatherings and welcome dinner for new staff