Operational Risk Manager

PRUDENTIAL ASSURANCE COMPANY SINGAPORE (PTE) LIMITED; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

Prudential is seeking an operational risk management professional to drive risk oversight and support internal reporting within the enterprise risk management team. The ideal candidate will have 5 to 7 years of relevant experience and a strong understanding of risk management principles, complemented by their educational background in finance, accounting, or IT. This role offers an opportunity to influence Prudential’s healthy risk culture while collaborating cross-functionally.

Qualifications

• 5 to 7 years of relevant working experience preferred.
• Certification in risk management and/or information security advantageous.

Responsibilities

• Oversee PACS risk and control registers and incident reporting.
• Support annual scenario analysis and risk information gathering.
• Prepare quarterly risk committee materials and Board papers.

Skills

Risk Management

Communication

Teamwork

Stakeholder Management

Analytical Skills

Education

Degree in Accounting

Degree in Finance

Degree in Information Technology

Job description

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

As part of the Enterprise Risk Management team, you will assist in operational risk management, risk committee reporting, incident reporting & analysis, and the improvement of the control environment in Prudential Assurance Company Singapore.

Job Description:

• Work closely with all departments to guide and exercise strong oversight on PACS risk and control registers, incident reporting, process gaps and controls analysis, and validation checks on user-developed financial modelling & applications
• Support the annual scenario analysis exercise
• Ensure efficient risk information gathering and transmission within PACS and with the Group Head Office
• Exercise adequate oversight on PACS’ third party supply and outsourcing risk, in accordance with PACS’ internal framework, policies, and procedures (including review of risk assessments conducted by second line departments)
• Prepare quarterly risk committee materials and follow up actions
• Prepare Board papers including risk updates and material internal incident reporting
• Promote awareness of operational risk management in PACS and support the maintenance of a healthy risk culture
• Support projects which may impact the Enterprise Risk Management function

Who we are looking for:

Competencies & Personal Traits

• Highly disciplined and diligent in driving deliverables strictly within defined timelines
• A self-starter, work independently with limited guidance, solution orientated and team player
• A “can-do” , proactive attitude with a strong understanding of risk management
• Practical experience in operations and/or technology
• Working knowledge and practical application of MAS ERM and outsourcing requirements
• Proven ability to build and maintain effective working relationships across functions
• Excellent communication (writing and presentation), interpersonal skills, team work, and strong stakeholder management abilities

Working Experience

• 5 to 7 years of relevant working experience would be preferred
• Prior risk and control experience, operational risk management and outsourcing process knowledge, including risk and control assessment and management in a financial institution

Professional Qualifications

• Certification in risk management and/or information security would be advantageous

Education

• Degree in Accounting, Finance, Information Technology or other related discipline

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.