Risk Management Officer (Japanese-speaking)

JAC Recruitment Pte Ltd; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

JAC Recruitment Pte Ltd is seeking a Risk Management Officer for a prominent Japanese bank in Singapore. The role involves enhancing risk management frameworks, monitoring risk indicators, and ensuring compliance with MAS regulations.

The ideal candidate will possess a Bachelor’s degree in a relevant field and have 2–5 years of experience in risk management within financial institutions. Strong communication skills and proficiency in Excel are essential for this position.

Qualifications

• Strong understanding of MAS regulations and risk management principles.
• 2–5 years of relevant experience in risk management, audit, or banking operations.
• Proficiency in Microsoft Excel and Word.

Responsibilities

• Support the development and enhancement of risk management framework.
• Monitor and analyze key risk indicators and escalate breaches.
• Manage outsourcing risk and perform due diligence.

Skills

Risk management principles

MAS regulations

Microsoft Excel

Microsoft Word

Communication skills

Interpersonal skills

Education

Bachelor’s degree in Business or related field

Job description

OVERVIEW

Our client is a well-established Japanese bank with a growing presence in Singapore, backed by a strong balance sheet and solid credit ratings. This bank has a long operating history and continues to expand its regional footprint, particularly across Asia, while supporting clients with cross-border financial services.

They are looking for a Risk Management Officer for their branch in Singapore.

Key Responsibilities

• Support the development, implementation, and ongoing enhancement of the Branch’s risk management framework, including policies and procedures
• Prepare materials for key internal committees such as Credit, ALM, and Operational Risk, and coordinate meetings while serving as the secretariat
• Monitor and analyze key risk indicators, limits, and risk appetite metrics, with timely escalation of breaches or emerging risks
• Produce and maintain regular risk reports covering areas such as VaR, fixed income valuations, FX exposures, and interest rate positions
• Manage outsourcing risk in line with MAS requirements, including maintaining registers, performing due diligence, and supporting periodic reviews and reporting
• Assist in Business Continuity Planning (BCP) activities, including coordinating testing, updating documentation, and tracking follow-up actions
• Track regulatory developments and assess their implications for the Bank’s risk management framework
• Oversee the lifecycle of internal policies and procedures, including initiating reviews and implementing updates
• Perform Expected Credit Loss (ECL) calculations and monitoring in accordance with relevant accounting standards and internal guidelines
• Handle MAS-related rating processes and associated documentation
• Maintain and update credit files and supporting documentation
• Support internal and external audits, regulatory reviews, and follow-up remediation actions
• Carry out additional duties as assigned by senior risk management leadership

Requirements

• Bachelor’s degree in Business, Risk Management, Accounting, or a related field
• Strong understanding of MAS regulations and risk management principles
• 2–5 years of relevant experience in risk management, audit, or banking operations within a financial institution
• Proficiency in Microsoft Excel and Word
• Excellent communication and interpersonal skills, with the ability to clearly present issues to management
• A collaborative team player with a positive and proactive attitude
• Japanese language skills preferred but not mandatory in order to liaise with Japanese speaking stakeholders.