Manager, Operational Risk

China Taiping Insurance (Singapore) Pte. Ltd.; Singapore; Sur place; SGD 120 000 - 180 000; Plein temps

Résumé du poste

China Taiping Insurance (Singapore) Pte. Ltd. is seeking an experienced Operational Risk professional to oversee the risk management framework and advise on strategies across business functions.

You will act as the 2nd Line of Defense, manage incident response, third-party risk, and risk controls, and report risk metrics to the Board. The ideal candidate holds a Bachelor's in Accounting or Business, 8+ years in insurance risk, and MAS knowledge.

Qualifications

• Bachelor's degree in Accounting, Business or related discipline.
• 8+ years of operational risk and compliance experience in the insurance industry.
• Good working knowledge of Risk Management framework, best practices and regulatory framework.
• Certification in Operational Risk Management or CISA (advantageous).
• Good working knowledge of MAS and local insurance regulations.
• Strong interpersonal and communication skills.
• Proficiency in English and Mandarin for liaising with stakeholders.

Responsabilités

• Establish and maintain the Operational Risk Management, Third Parties Risk Management, and Business Continuity Management framework.
• Acts as the 2nd Line of Defense.
• Responsible for the effective handling of Operational and IT Incidents.
• Responsible for the company-wide Risk Control Self-Assessment.
• Ensure effective review of risk controls and advisory on remediation activities.
• Conduct periodic due diligence checks on third party service providers.
• Liaise with functions to update Business Impact Assessments and annual Business Continuity exercise.
• Establish operational risk metrics and report monitoring/remediation to Board and Management.
• Coordinate quarterly risk assessments with departments.
• Support regulatory inspections and audits on Operational Risk topics.

Connaissances

Risk management

Regulatory compliance

Communication skills

Attention to detail

Interpersonal skills

Mandarin proficiency

Formation

Bachelor's degree in Accounting/Business or related

Description du poste

The position will be responsible to oversee operational and recommend relevant risk management strategies, and providing support and advice to business functions in accordance with the Company's risk management framework.

Job Responsibility:

• Establish and maintain the Operational Risk Management, Third Parties Risk Management, and Business Continuity Management framework
• Acts as the 2 nd Line of Defense
• Responsible for the effective handling of Operational and IT Incidents in accordance with established requirements
• Responsible for the company-wide Risk Control Self-Assessment
• Ensure effective review of risk controls and advisory on the adequacy of remediation activities
• Conduct periodic due diligence checks and monitoring on third party service providers
• Liaise with relevant functions to update the department Business Impact Assessments and organize the annual Business Continuity Readiness exercise
• Responsible for the effective establishment of Operational risk metrics, reporting on Operational risk monitoring and remediation for Board and Management
• Responsible for the quarterly risk assessments by liaising with departments
• Support on any regulatory inspection, external and internal audits on Operational Risk topics

Requirements:

• Possess a Bachelor's Degree in Accounting, Business, or other related discipline
• At least 8 years of operational risk, and compliance experience in the insurance industry
• Good working knowledge of Risk Management framework, best practices and operational risk regulatory framework
• Certification in Operational Risk Management, and/or CISA or equivalent will be advantageous
• Good working knowledge of MAS, and other local regulations applicable to insurance companies
• Good interpersonal and communication skills
• Proactive and positive attitude
• Good organization skill and have a keen eye on details
• Able to embrace work challenge and work under pressure
• Good command of verbal and written communication skills in English and Mandarin (in order to liaise with English and Mandarin speaking stakeholders regarding assigned tasks)