IT Risk & Control Specialist (MAS TRM / Application Controls / Payments / Banking)

SMART INFORMATION MANAGEMENT SYSTEMS PRIVATE LIMITED; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading technology services company is seeking a Technology Risk & Control Specialist in Singapore to support a global investment bank. The role includes overseeing the implementation of the bank’s risk framework, managing senior stakeholders, and driving risk engagement across multiple platforms. Candidates need 3-5 years of IT risk or audit experience in the banking sector, and relevant industry certifications are preferred. This position offers a unique opportunity to influence and enhance risk management processes within a critical financial institution.

Qualifications

• 3-5 years of risk/audit/control experience in Banking/FI domain.
• Industry certifications like CISA, CISM, COBIT preferred.
• Experience leading risk initiatives and managing stakeholder communications.

Responsibilities

• Drive risk management and issue identification.
• Implement the Bank’s Risk framework effectively.
• Collaborate across different application groups and manage audits.

Skills

IT Risk / Audit / Control experience

Stakeholder communication

Quality Assurance testing

Regulatory knowledge

Application Control Testing

Education

Bachelor's degree in IT

Tools

JIRA

Job description

Executive Summary

Smart IMS Inc provides Digital technology & Cloud transformation services, Application & Infrastructure Management Services, Unified Communications and Insurance implementation services to customers across the Americas, Europe, Middle East, and Asia-Pacific regions. As the trusted technology and business partner of leading MNCs, including Global Investment Banks, Smart IMS is also a Microsoft Gold Certified Partner, Oracle Platinum Partner and AWS MSP Partner.

We are looking to hire a Technology Risk & Control Specialist in Singapore to support our client which is a top global investment bank.

What you can expect:

• The role will sit within the APAC Risk & Controls function of the bank, which works with Application Managers, Enterprise Control functions and COOs across the line of businesses to ensure that control gaps are identified and remediated.
• You will oversee the effective implementation of the Bank’s Risk framework and Global Technology (GT) governance routines and requirements, using established tools and documented procedures. This includes documentation to enable tracking, monitoring, and escalation of technology risk related issues to management, and acting as an ambassador of the risk culture.

What you will do:

• Drive risk engagement & management and issue identification; in particular E2E risk management includes ERP, RCSA, eRIC, SIAI, JDI, AIAI, RIAI etc.
• Drive QA (Quality Assurance) testing, Business Continuity for applications, Sustainability Program and new toolset adoption with JIRA for Risk management.
• Manage senior stakeholders communication and reporting
• Develop and socialize potential risk mitigation strategies
• Foster the Identify, Escalate, Debate risk culture
• Assess regulatory (eg MAS, HKMA, CBRC, OJK, RBI, etc) changes impacting technology and operations and drive related risk mitigation program with required stakeholders
• Manage regulatory relationships, where relevant
• Collaborate across the GCIBT application groups, Risk Leads and enterprise process owners (including Global Information Security) to respond to Internal and External Audits, Exams, and Regulatory/Clearing Inquiries & Assessments.
• Assist business and process owners with remediating the most significant risks including Audit Issues, Self-Identified Audit Issues, Compliance Identified Audit Issues, Regulatory Issues
• Identify opportunities for enhancing or streamlining execution of risk management processes; partner across multiple divisions to execute.

Job Requirements:

• Individual with IT Risk / Audit / Control experience in the Banking/FI domain.
• Bachelor’s degree in IT, minimum 3-5 plus years of experience, industry certifications (CISA, CISM, COBIT foundation, etc) preferred.
• Relevant experience in executing Risk initiatives within a tech risk function, compliance or technology audit role
• Possess risk experience in Application or IT Infrastructure Control Testing
• Experience in leading programs for proactively identifying regulatory risk exposure and potential non-compliant areas
• Experienced in the payments domain will be preferred
• Knowledge of APAC regulations & understanding of regulatory risk management preferred
• Possess confidence and assertiveness, unafraid to voice opinions and influence stakeholders effectively