Risk Manager (CIO, Vice President)

BANK OF SINGAPORE LIMITED; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading private bank in Asia is seeking a Risk Manager to focus on investment risk monitoring and framework oversight. The ideal candidate will possess strong analytical skills, have experience in discretionary portfolio management, and be proficient in Aladdin and Bloomberg AIM. Responsibilities include monitoring adherence to risk frameworks and collaborating with stakeholders to enhance governance. A relevant university degree and certifications like CFA or FRM are preferred.

Benefits

Attractive remuneration packages

Opportunities for personal and professional development

Responsibilities

• Monitor adherence to client restrictions and investment risk frameworks.
• Oversee the governance of investment risk rule coding.
• Maintain and update documentation for Risk & Performance team.
• Lead initiatives to enhance monitoring processes.
• Coordinate ESG-related deliverables with stakeholders.

Skills

Investment risk monitoring

Discretionary portfolio management

Aladdin and Bloomberg AIM

Analytical skills

ESG requirements knowledge

Education

University degree in Finance/Quantitative discipline

CFA / FRM / ESG certification

Job description

Bank of Singapore – Risk Manager

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non‑financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

Bank of Singapore (“BOS”) is a wholly owned subsidiary of OCBC Bank, Southeast Asia’s second largest bank. Headquartered in Singapore, Bank of Singapore is one of the fastest growing private banks in Asia.

Risk Manager – Role Focus

This Risk Manager role focuses on investment risk monitoring, governance, and framework oversight within the Chief Investment Office. The incumbent will play a pivotal role in ensuring CIO mandates are monitored effectively and aligned with defined risk objectives.

The ideal candidate will demonstrate a strong risk mindset, a solid understanding of discretionary portfolio management (DPM) control activities, and be system savvy in using Aladdin and Bloomberg AIM.

The incumbent should be capable of configuring the systems to enhance and automate monitoring processes, while also confident in engaging with stakeholders and senior management.

We are looking for someone who is technically capable, innovative, collaborative, and demonstrates high integrity.

Key responsibilities

Investment Risk Monitoring

• Monitor adherence to client restrictions and investment risk frameworks, including watchlist, concentration risk, liquidity risk, portfolio turnover to ensure portfolios remain aligned with defined mandate risk objectives.
• Escalate material risk findings and recommend framework enhancements to management via monthly governance meetings.
• Oversee the governance of investment risk rule coding within the Aladdin and Bloomberg AIM systems, ensuring rules are logically coded, tested, formally approved with evidence retained.

Process & Governance

• Maintain and regularly update process documentation for Risk & Performance team, ensuring clear workflows and accountability.
• Lead initiatives to enhance and automate monitoring processes within Aladdin and Bloomberg AIM, working with stakeholders and technology teams to deliver scalable, sustainable solutions.
• Collaborate with internal partners across the CIO, COO, and CRO functions to improve governance, efficiency, and scalability of risk frameworks and reporting processes.
• Provide clear, confident communication to senior management on risk monitoring outcomes and framework enhancements.
• Partner with stakeholders to strengthen governance and ensure effective implementation of risk frameworks.

ESG Risk

• Monitor adherence to ESG requirements, including watchlist, exclusion policy and climate scenario testing.
• Support ESG initiatives and deliverables, with initial focus on operationalizing & implementing policy, process changes, and system enhancements.
• Coordinate ESG‑related deliverables with both internal and external stakeholders ensuring timely delivery and effective outcomes.

Performance KPI & Analytics

• Provide insights into portfolio analysis and performance attribution.
• Support objective and independent performance assessments of portfolio managers and research analysts.
• Improve performance analytics capabilities with Aladdin tools. This may include, but not limited to, maintaining benchmark/indices, designing reports in Aladdin’s Explore and updating stress scenarios factor in Aladdin’s Portfolio Risk Tool.

Education Requirements

• University degree from Finance / Quantitative discipline; preference will be for candidates with good analytical skills.
• CFA / FRM / ESG certification would be an advantage.