Risk & Prevention - Operational Risk (AVP)

OCBC Bank; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

OCBC Group in Singapore seeks a proactive Operational Risk & Prevention specialist to help identify, assess and mitigate risks across Group O&T Operations. You will translate risk information into insights for senior management and risk committees, supporting proactive risk culture.

You will coordinate risk and compliance policies, monitor audit findings and drive timely remediation with stakeholders. The role combines hands-on risk controls with management reporting and data analysis to protect

Qualifications

• Operational risk oversight and advisory: Support the R&P Operational Risk Lead in the effective management of operational risk and controls across Group O&T Operations.
• Risk monitoring and management reporting: Prepare, consolidate and maintain periodic operational risk reports, dashboards, risk indicators and management information for senior management, risk committees and other relevant stakeholders.
• Data quality and analysis: Collect, validate and analyse operational risk information from multiple sources. Identify trends, concentrations, recurring control weaknesses and emerging issues, and translate findings into clear management insights and recommended actions.
• Audit and regulatory support: Support Operations stakeholders during internal or external audits, regulatory reviews and inspections, including coordination of responses, evidence

Responsibilities

• Operational risk oversight and advisory: Support the R&P Operational Risk Lead in the effective management of operational risk and controls across Group O&T Operations. Provide practical advice, objective review and constructive challenge on risk issues, process or system changes, and proposed control or risk-mitigation solutions.
• Risk and control assessments: Facilitate and review risk and control assessments, including RCSA and assessments arising from new or changed processes, systems and products. Ensure key risks are adequately identified, assessed and supported by appropriate controls and action plans.
• Risk monitoring and management reporting: Prepare, consolidate and maintain periodic operational risk reports, dashboards, risk indicators and management information for senior management, risk committees and other relevant stakeholders.
• Data quality and analysis: Collect, validate and analyse operational risk information from multiple sources. Identify trends, concentrations, recurring control weaknesses and emerging issues, and translate findings into clear management insights and recommended actions.
• Issue, event and action tracking: Monitor and follow up on operational risk issues, loss events, compliance breaches, audit or regulatory findings and remediation actions. Challenge delays, clarify discrepancies and support timely and sustainable closure, including appropriate root‑cause analysis.
• Thematic and control reviews: Develop and conduct risk-based thematic, periodic and ad‑hoc reviews to assess process design, control adequacy and operating effectiveness. Document findings clearly, agree practical remediation actions and track them to completion.
• Audit and regulatory support: Support Operations stakeholders during internal or external audits, regulatory reviews and inspections, including coordination of responses, evidence

Job description

WHO WE ARE:

As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we're on a journey of transformation. Leveraging technology and creativity to become a future‑ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future‑ready career.

Your Opportunity Starts Here.

Description :

Group Operations and Technology (O&T) provide IT and backroom support across the bank's business lines such such as Group Consumer Financial Services, Group Corporate Banking, Global Market, Group Risk Management, Group Finance, and Group Human Resources.

In addition, Group O&T runs the bank's regional processing centres and technology operations, drive for productivity gains and lower unit costs by instilling a quality culture, and leverage on the synergy from cross border processing hubs in Singapore, Malaysia and across the region.

The objective of Group O&T Risk & Prevention (R&P) is to establish a risk awareness and compliance culture that helps Group O&T to manage risks. In supporting O&T departments, Group Risk and Regulatory Compliance Unit as the Division Compliance Officer, Business Continuity Management Coordinator and Ops Risk management Coordinator, R&P undertakes the following responsibilities:

Coordinate and facilitate the implementation of Operational Risk & Compliance policies, methodologies, and initiatives for proactive risk management by Group O&T.

Monitor and uplift the Division's risk and compliance management performance through tracking of audit issues, compliance breaches and loss events.

Provide independent review of risk assessments performed by O&T for new/changed processes to ensure integration of risk management to internal processes.

Manage the audit engagement process, track, and ensure timely closure of issues.

Promote awareness of risk among O&T staff and educate them on methodologies and processes for risk management and compliance.

Role Description :

The candidate will support proactive identification, assessment, monitoring and mitigation of operational risks across Group O&T Operations. The role combines hands‑on operational risk and control management with strong management reporting, data analysis, thematic review and stakeholder advisory responsibilities. The incumbent is expected to translate risk information into clear insights and practical actions for senior management, risk committees and operational stakeholders.

Duties and Responsibilities:

• Operational risk oversight and advisory : Support the R&P Operational Risk Lead in the effective management of operational risk and controls across Group O&T Operations. Provide practical advice, objective review and constructive challenge on risk issues, process or system changes, and proposed control or risk-mitigation solutions.
• Risk and control assessments: Facilitate and review risk and control assessments, including RCSA and assessments arising from new or changed processes, systems and products. Ensure key risks are adequately identified, assessed and supported by appropriate controls and action plans.
• Risk monitoring and management reporting : Prepare, consolidate and maintain periodic operational risk reports, dashboards, risk indicators and management information for senior management, risk committees and other relevant stakeholders.
• Data quality and analysis : Collect, validate and analyse operational risk information from multiple sources. Identify trends, concentrations, recurring control weaknesses and emerging issues, and translate findings into clear management insights and recommended actions.
• Issue, event and action tracking: Monitor and follow up on operational risk issues, loss events, compliance breaches, audit or regulatory findings and remediation actions. Challenge delays, clarify discrepancies and support timely and sustainable closure, including appropriate root‑cause analysis.
• Thematic and control reviews: Develop and conduct risk-based thematic, periodic and ad‑hoc reviews to assess process design, control adequacy and operating effectiveness. Document findings clearly, agree practical remediation actions and track them to completion.
• Audit and regulatory support : Support Operations stakeholders during internal or external audits, regulatory reviews and inspections, including coordination of responses, evidence