Operational Risk Manager

GREEN LINK DIGITAL BANK PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading digital bank in Singapore seeks a meticulous Outsourcing and Third-Party Risk Manager to lead risk assessments and ensure compliance with regulatory requirements. This role involves enhancing risk frameworks, monitoring compliance, and collaborating with various departments to ensure robust vendor management.

Qualifications

• Minimum 2 years of relevant experience such as TPRM and Outsourcing.
• Knowledge of MAS Outsourcing and BCP Guidelines would be advantageous.

Responsibilities

• Enhance and maintain the bank’s framework for third-party risk.
• Monitor compliance with outsourcing register requirements.
• Support internal and external audits related to outsourcing.

Skills

Excellent communications skills

Strong prioritisation

Execution skills

Relationship building

Self-motivated

Team player

Education

Bachelor's degree or equivalent

Job description

About Us

Green Link Digital Bank is Singapore's inaugural wholesale digital bank focusing on supply chain finance, mainly serving MSMEs and aiming to help MSMEs grow and improve digitization.

We are seeking a meticulous and proactive Outsourcing and Third-Party Risk Manager to lead and oversee the risk assessment, due diligence, onboarding, and monitoring of all third-party service providers and outsourced functions. This role is critical in ensuring the bank’s compliance with regulatory requirements and internal risk framework, particularly in alignment with MAS Guidelines on Outsourcing and Industry standards on procurement.

Responsibilities

• Enhance and maintain the bank’s framework and policies for third-party and outsourcing risk, in compliance with MAS Notice 658 and Outsourcing Guidelines.
• Review and challenge Line 1’s due diligence, risk assessments, and controls for onboarding and
• managing third-party service providers.
• Monitor compliance with outsourcing register requirements and ensure accurate and timely reporting.
• Support internal and external audits, and regulatory reviews relating to outsourcing.
• Partner with Business units, legal and IT to ensure risk control are embedded in vendor selection, contract and SLAs.
• Review outsourcing contracts to ensure they have adequate controls and exit provisions.
• Oversee periodic performance reviews and independent assurance assessment of critical services providers.

Requirements

• Minimum Bachelor's degree or equivalent.
• At least 2 years of relevant experience such as TPRM and Outsourcing.
• Knowledge and experience with BCP would be added advantage.
• Familiar MAS Outsourcing and BCP Guidelines.
• Excellent communications skills with the ability to operate independently.
• Strong prioritisation and execution skills.
• Experience and comfortable in establishing relationships with different departments.
• Self-motivated and a good team player.

By submitting your application, you have given your consent for us to collect, use and retain your data for a year as according to our prevailing data retention and PDPA policies. Should you have any enquiries on our data policy, please contact us at [e-mail].