Internship: Group Risk Management, Group Non-Financial Risk Management, Group Operational Risk Management [Jan to May 2027]

OCBC Bank; Singapore; On-site; SGD 20,000 - 31,000; Part time

Benefits offered by this job

Base salary

Flexible benefits

Community initiatives

Professional development

Wellbeing & growth

Job summary

OCBC Bank is offering a Group Operational Risk Management Internship in Singapore. You will collaborate with risk professionals and business stakeholders to assess risks, support the RCSA uplift, and help strengthen the bank's control environment.

Open to undergraduates in Business, Banking, Finance, or related fields, you will develop analytical and communication skills, gain hands-on experience with risk data and governance, and contribute to risk reporting and insights across units.

Qualifications

• Strong analytical and problem-solving abilities.
• Detail-oriented with high accuracy.
• Excellent written and verbal communication.
• Able to work independently and in a team.
• Interest in banking, governance, risk management, audit, or compliance.

Responsibilities

• Risk & Control Reviews: support the review and challenge of Risk & Control Registers across business units and support functions through research, data gathering, stakeholder discussions, and process walkthroughs
• RCSA Support: assist in the ongoing uplift and operationalisation of the Risk & Control Self-Assessment (RCSA) programme across the organisation
• Operational Risk Analysis: analyse operational risk events, issues, audit observations, key risk indicators (KRIs), and control weaknesses to identify emerging risk themes and improvement opportunities
• Data Quality & Governance: support data quality reviews of business units' RCSA inputs and outputs, including validation and data management activities within risk management systems
• Process & Control Assessment: contribute to process reviews, control assessments, root cause analysis, and identification of opportunities to strengthen the control environment
• Risk Reporting & Insights: assist in analysing information and preparing reports, dashboards, and management updates that support risk oversight and decision-making
• Stakeholder Engagement: collaborate with business units, support functions, and risk teams to facilitate effective risk management discussions and governance activities
• Ad-hoc Projects: provide support on operational risk management, governance, and transformation initiatives as assigned

Skills

Analytical skills

Detail-oriented

Communication skills

Teamwork

Data analytics interest

Education

Undergraduate degree in Business/Banking/Finance/Accountancy/Economics/Risk Management/Data Analytics

Tools

Power BI

Python

SQL

Alteryx

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

Be part of a team that helps strengthen the bank's control environment and supports sound risk management practices across the organisation. As a Group Operational Risk Management Intern, you'll gain valuable exposure to how operational risks are identified, assessed, monitored, and managed within a leading financial institution. You'll have the opportunity to develop your analytical, critical thinking, and stakeholder management skills while contributing to initiatives that enhance risk governance and operational resilience.

HOW YOU SUCCEED

To excel in this role, you'll need to be curious, analytical, and detail-oriented. You'll work closely with risk professionals and business stakeholders to assess risks and controls, review processes, and support the uplift of the Risk & Control Self-Assessment (RCSA) framework. Your ability to gather and analyse information, challenge assumptions thoughtfully, and communicate insights effectively will be key to supporting a strong risk culture across the bank.

WHAT YOU DO

Your responsibilities will include:

• Risk & Control Reviews: support the review and challenge of Risk & Control Registers across business units and support functions through research, data gathering, stakeholder discussions, and process walkthroughs
• RCSA Support: assist in the ongoing uplift and operationalisation of the Risk & Control Self-Assessment (RCSA) programme across the organisation
• Operational Risk Analysis: analyse operational risk events, issues, audit observations, key risk indicators (KRIs), and control weaknesses to identify emerging risk themes and improvement opportunities
• Data Quality & Governance: support data quality reviews of business units' RCSA inputs and outputs, including validation and data management activities within risk management systems
• Process & Control Assessment: contribute to process reviews, control assessments, root cause analysis, and identification of opportunities to strengthen the control environment
• Risk Reporting & Insights: assist in analysing information and preparing reports, dashboards, and management updates that support risk oversight and decision-making
• Stakeholder Engagement: collaborate with business units, support functions, and risk teams to facilitate effective risk management discussions and governance activities
• Ad-hoc Projects: provide support on operational risk management, governance, and transformation initiatives as assigned

WHO YOU WORK WITH

Group Non-Financial Risk Management partners business and support units across the bank to strengthen risk governance, promote a strong risk culture, and enhance operational resilience. Within Group Operational Risk Management, you'll work alongside experienced risk professionals responsible for overseeing operational risk frameworks, conducting independent reviews, and providing effective challenge across the organisation. You'll gain valuable exposure to both Global Wholesale Banking and Private Banking businesses, and develop a deeper understanding of risk management in a complex banking environment.

WHO YOU ARE

Open to learning and feedback Strong analytical and problem-solving skills Curious, detail-oriented, and eager to learn Comfortable working with large volumes of information and data Good written and verbal communication skills Able to work independently as well as collaboratively within a team Strong interest in banking, governance, risk management, audit, or compliance Exposure to data analytics tools such as Power BI, Python, SQL, or Alteryx would be advantageous Participation in case competitions, research projects, or student leadership activities would be beneficial Currently pursuing an undergraduate degree in Business, Banking, Finance, Accountancy, Economics, Risk Management, Data Analytics, or a related discipline.

LEARNING OBJECTIVES

This internship will provide you with: an understanding of Operational Risk Management and the Three Lines of Defence model within a banking environment. Hands‑on exposure to second line of defence (2LoD) review and challenge activities as part of the Risk & Control Self‑Assessment framework. Practical experience in process analysis, control evaluation, and root cause identification. Exposure to how operational risks, incidents, control weaknesses, and governance issues are identified, assessed, and escalated. Opportunities to develop analytical, critical thinking, and professional writing skills in a real‑world risk management setting. Insights into banking products, processes, and risk management frameworks across different business units. Experience working with risk data, governance processes, and technology-enabled risk management tools. A strong foundation to independently perform basic 2LoD reviews, analyse risk information critically, and articulate recommendations to strengthen the bank's control environment upon completion of the internship.

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.

Let’s build the bank we need for the future we want.

Find the best version of yourself in a friendly, supportive team.

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.

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.