Manager (Risk Management)

INDIAN BANK; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A reputable banking institution in Singapore is seeking a Risk Management professional to oversee its risk management functions, monitoring various risk limits in accordance with regulatory requirements. The ideal candidate should have at least 3 years of experience in the banking and finance industry, particularly in risk management areas. Strong communication skills, attention to detail, and the ability to work under pressure are essential. This position offers the opportunity to contribute significantly within a key role in an esteemed bank.

Qualifications

• 3+ years of experience in a similar position in Banking and Finance.
• Strong knowledge of Risk Management and regulatory requirements.
• Familiarity with BCM and Stress testing models.

Responsibilities

• Handle Risk Management functions of the Branch.
• Monitor various Risk Limits and review policies.
• Co-ordinate with auditors and manage Risk Management frameworks.

Skills

Communication skills

Attention to detail

Interpersonal skills

Self-motivated

Ability to work under pressure

Education

Degree from a recognised university/MBA/equivalent degree in Risk Management

Certification in Risk Management

Job description

Job Role: To handle Risk Management functions of the Branch

Responsibilities will include (but not limited to) the following:

• Be familiar with policies procedures relating to Market Risk, Credit Risk, Liquidity Risk and Operational Risk.
• Monitoring of Various Risk Limits of Market Risk, Credit Risk, Liquidity Risk, etc.
• Strong communication skills to interact with Auditors/Regulators and also to draft/review policies relating to Risk Management.
• Be familiar with BCM (Business Continuity Management). Able to review/update policies as per local regulator directions/guidance, participate in BCM activities of the Branch.
• Be familiar with validation of the rating/scoring models.
• Thorough with Stress testing models, Contingency funding plans.
• Strong knowledge of Risk Management/AML/CFT provisions, regulations, standards and industry best practices.
• Independently implement, update and manage Risk Management Framework of the Organisation in line with local regulatory requirements.
• Preparation/review/modification and maintenance of Risk Management Policies and SOP for policies.
• Co-ordination with Statutory Auditors, Internal Auditors, MAS for issues related to Risk Management.
• Conducting Stress test on Credit, Climate, Liquidity, Forex & placing to Top Management.
• Monitoring of ratings of credit portfolio
• Attending various Committee meetings and also as convenor of Risk Management Committee/ALCO/CRMC/ORMC/LRMC
• Submission of daily CRO report to HO
• Submission of Treasury Mid Office Daily report on dealing room Operations to CEO/Head Office.

• Based on country risk policy and ECGC classification of Country exposure limits to be reviewed on a continuous basis.
• Based on CO policy on counterparty exposure limits, bank-wise exposure limits are reviewed periodically and new bank exposure limits, as and when exposures are taken, are fixed based on ratings of the bank.
• BCM Coordinator to ensure that BCM Policy & Operations Manual and Business Continuity Plans are maintained, tested and updated periodically complying to regulatory requirements.
• Submission of data to HO related to ALM/industry/country/classification etc.
• Coordinating BCM activities of the branch and participating in various BCM activities such as live Disaster Recovery exercise, Treasury BCP tests, Call Tree testing and Industry -wide BCM exercises.

Job Requirements

• Degree from a recognised university/MBA/equivalent degree and Specialised qualification/Certification in Risk Management from a reputed/recognised institute or university.
• Highly organised and has keen attention to details
• Highly driven, self-motivated and able to work under-pressure
• Good interpersonal and communication skills
• Fluent in English both written and verbal
• Knowledge of Indian banking and finance regulatory requirements and landscape will be helpful.

Min Years of Experience

3 years & above experience in similar position/relevant expertise in the Banking and Finance Industry with specific experience in handling Risk Management portfolios.

Application Form may be downloaded at our website: www-indianbank-singapore.com

Completed Application Form along with relevant documents to reach our office at Indian Bank, No: 3, Raffles Place, #07-02 Bharat Building, Singapore 048617 by 25.12.2025.

Only Shortlisted candidates will be notified either by phone or email to attend an interview on the date to be specified.