Risk Management Officer

TAIWAN COOPERATIVE BANK LTD SINGAPORE BRANCH; Singapore; On-site; SGD 80,000 - 105,000; Full time

Job summary

TAIWAN COOPERATIVE BANK LTD SINGAPORE BRANCH is seeking a risk professional to conduct independent 2nd-line reviews of credit applications, monitor asset quality, and ensure compliance with MAS guidance. The role covers liquidity and market risk, operational risk oversight, and risk reporting for the branch and head office.

Strong English and Mandarin, with 2–5 years in middle-office risk in a corporate/wholesale bank, are preferred.

Qualifications

• 2–5 years of middle-office risk management experience within a corporate/wholesale bank in Singapore.
• Solid understanding of wholesale lending products (bilateral & syndicated loans) and investment-grade fixed income instruments.
• Strong report-writing and communication skills.

Responsibilities

• Conduct independent 2nd-line review and challenge of credit applications, financial spread analyses, and credit rating assessments submitted by Loan Department for new, renewed, amended bilateral and syndicated facilities.
• Review annual/periodic credit reviews, monitor asset quality, collateral valuation, and loan classification in compliance with MAS Notice 612 and internal provisioning guidelines.
• Monitor borrower covenant compliance, financial triggers, and sector/single-counterparty exposure concentration limits; track early warning indicators for credit deterioration.
• Monitor portfolio concentrations (borrower, group, industry and country), large exposures and related-party exposures against approved and regulatory limits and elevate breaches promptly.
• Support periodic credit portfolio stress testing and the governance of the internal risk rating framework.
• Independently review and challenge daily regulatory liquidity returns and indicators, including MLA, MCB, and AMR.
• Measure and track funding mismatch and gapping positions across tenors; monitor adherence to internal liquidity thresholds.
• Monitor market risk and treasury limits, including FX net open positions, counterparty exposure, issuer limits, and stop-loss limits on the bond investment portfolio.
• Assist in formulation of liquidity stress-testing assumptions, review quarterly stress-test results, and support maintenance and testing of the Contingency Funding Plan.
• Evaluate and monitor risks in the Branch’s bond investments, including issuer credit quality and liquidity relevance.
• Facilitate the branch-wide Operational Risk Management framework, including tracking RCSA, KRIs, and incident reporting.
• Monitor operational risk incidents and remediation action plans across units to prevent process vulnerabilities and fraud.
• Support assessments related to outsourcing arrangements, third-party vendor risks, and business continuity readiness with Compliance.
• Prepare comprehensive risk management dashboards and reporting packages for the Risk Management Committee and Head Office.
• Undertake other duties assigned by the Head of Risk Management and/or General Manager, provided they do not compromise independence.

Skills

Risk management experience

Report-writing & communication

Independent judgement

Bilingual English & Mandarin

Education

Degree in Risk Management/Finance/Banking/Accounting/quantitative field

Tools

MAS regulatory knowledge

Wholesale lending products knowledge

Job description

Key Responsibilities

1. Credit Risk Review & Portfolio Monitoring

• Conduct independent 2nd-line review and challenge of credit applications, financial spread analyses, and credit rating assessments submitted by Loan Department for new, renewed, amended bilateral and syndicated facilities.


• Review and challenge annual/periodic credit reviews, monitoring asset quality, collateral valuation, and loan classification in compliance with MAS Notice 612 and internal provisioning guidelines.


• Monitor borrower covenant compliance, financial triggers, and sector/single-counterparty exposure concentration limits; track early warning indicators for credit deterioration.


• Monitor portfolio concentrations (borrower, group, industry and country), large exposures and related-party exposures against approved and regulatory limits and elevate breaches promptly.


• Support periodic credit portfolio stress testing and the governance of the internal risk rating framework.

2. Liquidity & Market Risk Management

• Independently review and challenge daily regulatory liquidity returns and indicators, including Minimum Liquid Assets (MLA - MAS Notice 649), Minimum Cash Balance (MCB - MAS Notice 758), and Asset Maintenance Ratio (AMR – MAS Notice 640).


• Measure and track funding mismatch and gapping positions across tenors; monitor adherence to internal liquidity thresholds.


• Monitor market risk and treasury limits, including FX net open positions, counterparty exposure, issuer limits, and stop-loss limits on the bond investment portfolio.


• Assist in the formulation of liquidity stress-testing assumptions, review quarterly stress-test results, and support the regular maintenance and testing of the Contingency Funding Plan.


• Evaluate and monitor risks in the Branch’s bond investments, including issuer credit quality (investment-grade requirement), concentration, price and interest rate risk, and suitability for liquidity management purposes.

3. Operational Risk Oversight

• Facilitate the branch-wide Operational Risk Management framework, including tracking Risk and Control Self-Assessments (RCSA), Key Risk Indicators (KRIs), and operational risk incident/loss event reporting.


• Monitor operational risk incidents and remediation action plans across business and operational units to prevent process vulnerabilities and fraud.


• Support assessments related to outsourcing arrangements, third-party vendor risks, and business continuity readiness working in close collaboration with Compliance.

4. Risk Reporting & Governance

• Prepare comprehensive risk management dashboards and reporting packages for the Risk Management Committee (RMC) and Head Office.


• Undertake other duties assigned by the Head of Risk Management and/or General Manager,provided they do not compromise the independence of the role.

Qualifications & Requirements

• Degree in Risk Management, Finance, Banking, Accounting, or a quantitative discipline


• 2–5 years of relevant middle-office risk management experience within a corporate/wholesale bank in Singapore. Fresh graduates are welcome to apply.


• Solid understanding of wholesale lending products (bilateral loans, syndicated loans) and investment-grade fixed income instruments.


• Strong technical literacy with MAS regulatory requirements.


• Ability to exercise independent judgement and to challenge stakeholders constructively; strong report-writing and communication skills.


• High standard of integrity; observes customer-information confidentiality under the Banking Act and the Branch’s code of conduct.


• Proficient in English and Mandarin.