Senior Analyst, Enterprise Risk Management

SUMITOMO MITSUI BANKING CORPORATION Singapore Branch; Singapore; On-site; SGD 60,000 - 85,000; Full time

Job summary

A leading financial institution in Singapore is seeking a Risk Management Associate to oversee operations related to new product risk, facilitate risk management meetings, and prepare critical reports. Candidates should possess a degree in Banking & Finance and 2-4 years of experience in Enterprise or Operational Risk Management. Strong communication and teamwork skills are essential for success in this role.

Qualifications

• 2 - 4 years of banking experience in Enterprise Risk Management or Operational Risk Management is essential.
• Proactive self-starter with strong teamwork abilities.
• Culturally sensitive individual.

Responsibilities

• Manage operations related to new product risk oversight.
• Facilitate and administer various risk management meetings.
• Prepare reports on overall risk management status.
• Manage and maintain various risk management regulations.
• Collect and consolidate information pertaining to macroeconomic conditions.

Skills

Teamwork abilities

Stakeholder management skills

Strong verbal communication

Strong written communication

Ability to multi-task

Education

Degree in Banking & Finance or equivalent

Job description

Job Responsibilities

Under the guidance and support of senior staff (VP+), collaborate with team members to carry out some of the tasks selected from the following:

• Management of the operations related to new product risk oversight within the bank. This includes consolidating risk analysis results from various specialized departments, conducting risk assessments, monitoring the progress of discussions, and preparing minutes for new product committee meetings.
• Facilitation and administration of various risk management meetings, including preparation of materials, coordination of meeting logistics, and documentation of minutes.
• Preparation of regular reports on the overall risk management status of the bank, including key indicators of Risk Appetite Framework, addressed to senior management. This involves aggregating
• Management and maintenance of various risk management regulations. This includes conducting periodic reviews and coordinating necessary revisions to regulations in response to changes in the risk management framework or external environment.
• Collection of information concerning macroeconomic conditions, political developments, and other relevant external factors, followed by consolidation of analysis results from each risk stripe accordingly.

Job Requirements

• Degree in Banking & Finance or equivalent
• 2 - 4 years of banking experience in Enterprise Risk Management, or Operational Risk Management is essential
• Proactive self-starter with strong teamwork abilities and stakeholder management skills
• Team player, and able to multi-task under tight timelines
• Strong verbal and written communication skills
• Culturally sensitive