Operational Risk Management Specialist - Digital Banking

Monee; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

Monee is looking for an experienced Operational Risk Manager in Singapore to assist in developing and executing operational risk policies in compliance with regulatory requirements. You will be responsible for partnerships with stakeholders to provide operational risk advisory across various products and services.

The ideal candidate should have at least 8 years of relevant experience in operational risk within a financial institution and familiarity with MAS regulations. Strong analytical and communication skills are essential.

Qualifications

• 8+ years of relevant experience in operational risk in a Financial Institution.
• Familiarity with MAS regulations such as Risk Management Practices, Business Continuity Management, Outsourcing.
• Strong communication, interpersonal, and stakeholder management skills.

Responsibilities

• Assist with the development and execution of Operational Risk Policy.
• Partner with stakeholders to provide Operational Risk advisory across all products.
• Manage regulator and auditor reviews and queries.

Skills

Operational Risk Management

Stakeholder Management

Analytical Skills

Problem-Solving Skills

Communication Skills

Education

Bachelor’s degree in any discipline

Job description

Job Description

• Assist with the development and execution of Operational Risk Policy and Guidelines in accordance with regulatory requirements for areas like Operational Risk Incidents, New Product Assessments (NPA), Business Continuity Management, Outsourcing, Risk & Control Self-Assessments and Key Risk Indicators
• Assist Team Lead in formulating Group’s Risk Appetite framework and presenting respective operational risk reports to senior management
• Partner with stakeholders and provide Operational Risk advisory across all products and services
• Conduct Operational Risk Stress Testing in accordance with MAS 637 requirements
• Manage regulator, external/internal auditors reviews and queries

Requirements

• Bachelor’s degree in any discipline, with 8+ years of relevant hands on experience in operational risk in a Financial Institution.
• Familiar with related MAS regulations such as Guidelines on Risk Management Practices, Guideline on Business Continuity Management, Guideline on Outsourcing and other relevant guidance
• Strong communication, interpersonal and stakeholder management skills
• Strong analytical and problem-solving skills and attention to details
• Experience in dealing with regulators, external and internal auditors