Manager - Risk, Private Bank

Hong Leong Bank Berhad; Singapore; On-site; SGD 140,000 - 190,000; Full time

Job summary

HL Bank Singapore, the Singapore branch of Hong Leong Bank, seeks a risk governance professional to establish and maintain the bank's risk structure and adherence to risk standards. You will assist in enterprise-wide risk requirements within the Private Banking (PB) business and support policy compliance across units.

Key duties include coordinating risk plans, monitoring risk appetite, and improving risk programs for consistency and efficiency.

Qualifications

• Experience in enterprise risk management and governance.
• Familiarity with risk policies, standards and controls.
• Ability to analyze risk data and produce concise summaries.
• Strong coordination with business units to ensure risk limits are met.

Responsibilities

• Define and maintain the overall risk structure and adherence to risk standards.
• Assist in assessing enterprise-wide risk management requirements within PB business.
• Coordinate risk management plans and improve risk programs for consistency.
• Monitor PB risk appetite thresholds and ensure compliance with risk tolerances.
• Perform daily risk oversight for processes, transactions and conduct.
• Prepare risk analytics, dashboards and reports for senior management.

Skills

Risk governance

Framework management

Risk monitoring

Analytics

Reporting

Stakeholder collaboration

Job description

Define your future at HL Bank Singapore

Functional (job responsibilities)

Risk Governance & Framework Management

Focuses on establishing and maintaining the overall risk structure, policies, and adherence to the firm’s risk standards.

Assist in assessing enterprise-wide risk management requirements within the PB business and support adherence to respective risk management policies.

Coordinate risk management methodologies and plans in PB businesses. Support the development or improvement of existing risk management programs and techniques to achieve consistency and efficiency.

Support the monitoring of PB’s risk appetite thresholds and coordinate with respective business units to ensure collective compliance within group risk tolerances.

Risk Control & Advisory (Suitability, Product & Conduct)

Daily Transaction & Suitability Oversight:

- Conduct independent daily review of the sales process, investment suitability, and advisory activity.
- Review and analyze exception reports (e.g., suitability, transactions) and Relationship Manager (RM) communications to ensure full adherence to the accredited investors risk framework and policies.

Operational & Conduct Risk Management:

- Manage and investigate operational incidents (e.g., error trades, misconduct), ensuring prompt root cause analysis and the completion of control enhancements.
- Identify, assess, and monitor emerging operational and conduct risks on a continuous basis, ensuring timely escalation.
- Perform focused risk assessments (deep-dives) on high-risk processes, such as complex transactions and client onboarding/wealth transfer.

Client & Product Risk Oversight:

- Review new/ variations of products and services to ensure all associated risks (legal, operational, suitability) are identified and mitigated before launch.
- Act as the primary 2LoD contact for the PB business, providing immediate, practical guidance on risk limits and non-standard client activities.

Risk Monitoring, Analytics & Reporting

- Focuses on data management and meeting internal and external reporting mandates.
- Conduct thorough analysis of risk information and prepare consolidated, concise summaries and dashboards for senior management and risk committees
- Track and monitor PB’s risk exposure and coordinate with business units to ensure effective Proactive Risk Management and adherence to risk limits.
- Act as the primary risk point of contact for the PB business.
- Support internal and external audits and regulatory inspections by providing necessary documentation and explanations
- Support in any other risk management tasks as and when required by the Management.

Managerial (team/group responsibilities)

- Collaborate effectively with functional stakeholders and risk management teams/Head of HLBS Risk Management

- Contribute to fostering a culture of continuous learning and quality within the team.

Organizational (organizational responsibilities)

- Demonstrate the Group Values at all times.

About HL Bank Singapore

HL Bank Singapore is the Singapore branch of Hong Leong Bank, a premier regional financial services leader headquartered in Malaysia with a rich heritage of over 120 years. Listed on Bursa Malaysia and a key member of the extensive Hong Leong Group, we operate a robust network of approximately 250 branches across Malaysia, with a strategic regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.

As a Full Bank in Singapore, we serve as a vital hub for the Group’s regional ambitions. A cornerstone of this strategy is our sophisticated "advisory-first" wealth proposition through HLB Private Bank and HLB Priority . By combining our deep Asian market roots with a landmark strategic alliance with Swiss private bank Lombard Odier, we provide world-class wealth architecture and bespoke solutions for our clients.

Beyond our wealth focus, we deliver excellence through four core business pillars: Business & Corporate Banking, Personal Financial Services, Private Wealth Management, and Global Markets . This "Integrated Approach" allows our talent to collaborate seamlessly across segments, ensuring we effectively meet the multifaceted needs of high-net-worth individuals, business founders, and corporate enterprises alike.

At HL Bank Singapore, our people are central to our success, and as a recognized Human Capital Partner (HCP) by TAFEP, we are committed to progressive workplace practices and your professional development. We seek digitally inclined, customer-centric performers who thrive in a technology-focused environment, where we empower our teams with AI-enhanced tools and next-generation platforms to lead the industry. As part of a large, diversified conglomerate, we offer unrivaled opportunities to explore new grounds and build a challenging career path within a rapidly expanding regional landscape. Join us to be part of a proven value-creation story and shape the future of your own story at HL Bank Singapore.