Operational Risk Advisor for Growth & Compliance

OCBC; Singapore; On-site; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive base salary

Learning & development opportunities

Equal opportunity workplace

Job summary

OCBC is seeking an Operational Risk Management Advisor in Singapore. The role focuses on identifying and mitigating risks that could impact the bank’s growth and success, working with stakeholders to implement risk strategies and ensure regulatory compliance.

You will need to stay current with industry trends and regulations, collaborate with business units, and communicate complex risk issues to stakeholders while promoting best practices in risk management.

Qualifications

• Degree in business, finance or risk management as a relevant field.
• Strong analytical and problem-solving skills essential.
• Excellent communication and interpersonal abilities with stakeholders at all levels.
• Solid knowledge of risk management principles, risk assessment and mitigation techniques.
• At least 3 years of experience in risk management or a related field.

Responsibilities

• Oversee consistent and effective implementation of the Operational Risk Management Framework within the Business Units (BU).
• Provide operational and business risk advisory to BUs to help them manage risk effectively.
• Promote a culture of risk awareness and control mindset within the BU, supported by training via Risk Champion meetings.
• Review and challenge Risk & Control Self Assessments, ensuring risks and controls are identified and assessed by the BU.
• Review and challenge Risk Events; establish root cause analyses and ensure timely remediation of gaps.
• Help BUs adhere to applicable regulations and OCBC policies and embed changes into processes and systems.
• Liaise with Group Audit and BU to achieve satisfactory audit ratings and gatekeep audit findings.
• Collaborate with Risk Champions to support business growth while providing risk management perspectives.
• Represent BRMT and contribute to projects affecting business growth.

Skills

Analytical thinking

Problem-solving

Communication skills

Stakeholder management

Education

Degree in business/finance/risk management

Job description

OCBC is seeking an Operational Risk Management Advisor in Singapore. The role focuses on identifying and mitigating risks that could impact the bank’s growth and success, working with stakeholders to implement risk strategies and ensure regulatory compliance.

You will need to stay current with industry trends and regulations, collaborate with business units, and communicate complex risk issues to stakeholders while promoting best practices in risk management.