Group Policy Manager (Enterprise Risk), Executive Director

OCBC Bank; Singapore; On-site; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a Group Policy Manager to lead the development and management of enterprise risk policies. This pivotal role requires a proactive approach to policy enhancement and a deep understanding of risk management principles. You will engage with various stakeholders to ensure policies are clear, comprehensive, and effectively communicated across the organization. With a focus on aligning with regulatory standards and business strategy, this role offers a unique opportunity to influence risk management practices and drive organizational success. Join this dynamic team and make a significant impact on the enterprise risk framework.

Qualifications

• 10-15 years of experience in policy development and risk management frameworks.
• Strong knowledge of regulatory requirements and industry standards.

Responsibilities

• Develop and enhance enterprise policy standards and guidelines.
• Oversee corporate credit policies and ensure alignment with risk standards.
• Collaborate with stakeholders to ensure effective policy communication.

Skills

Policy Development

Risk Management

Stakeholder Engagement

Communication Skills

Leadership

Writing Skills

Education

Bachelor's Degree in Finance

Bachelor's Degree in Economics

Bachelor's Degree in Business Administration

Job description

Job Description - Group Policy Manager (Enterprise Risk), Executive Director (250000R9)

The Group Policy Manager is responsible for developing, implementing, and managing policies and initiatives related to the enterprise risk framework management. This role requires a proactive approach to policy development, a sound understanding of risk management principles, and the ability to collaborate with different stakeholders to ensure the effective integration of policy standards, governance, and risk management policies across the Bank.

Key Responsibilities

1. Develop new and/or enhance existing enterprise policy standards, structure, and writing guides that govern the management of policies across all functional risk types. This includes developing policies, procedures, and handbooks to guide policy managers in effectively writing and managing their respective risk policies.
2. Support the review of enterprise risk management (ERM) frameworks, policies, and governance structures to ensure alignment with the Bank’s risk management approach and regulatory expectations.
3. Oversee and improve assigned corporate credit policies through regular reviews to ensure continued relevance and effectiveness, aligning with the Bank’s risk standards, risk appetite, business strategy, and compliance requirements. Additionally, create and implement new policies and procedures to strengthen credit risk processes.
4. Proactively engage relevant stakeholders to review policy standards and requirements comprehensively, including establishing indicators to measure policy effectiveness and implementation.
5. Ensure policies are comprehensive, clear, and effectively communicated across the Bank. This includes developing and delivering training programs to educate stakeholders on policy application and providing advisory support to policy users.
6. Collaborate with subsidiaries and branches to ensure prompt adoption and localization of Group policies, aligning with Group standards.
7. Maintain relevant inventories or systems to manage and monitor policies across all risk types. Participate in cross-functional projects to incorporate risk standards and controls into policies and processes.
8. Support departmental initiatives and participate in divisional projects as needed.

Qualifications and Requirements

1. At least a bachelor’s degree in finance, economics, business administration, or a related field.
2. 10-15 years of experience in policy development, credit risk management, or a related area, with a focus on enterprise-level policies and risk management frameworks.
3. Strong knowledge of relevant regulatory requirements and industry standards.
4. Effective communication and collaborative skills, with the ability to influence multiple stakeholders to achieve results.
5. Leadership skills to manage projects and meet deadlines in a dynamic environment.
6. Excellent writing skills are essential.