Senior Business Analyst - Ops Risk & Control

HR Tech; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A leading technology firm in Singapore is looking for a Senior Business Analyst specializing in Operational Risk & Control. This role involves managing operational risk policies and governance processes to minimize losses and oversee compliance. Candidates should have over 10 years of relevant experience in operational risk and strong analytical skills. A bachelor's degree is required, and a master's degree is preferred. The position offers competitive remuneration and opportunities for professional growth.

Qualifications

• 10+ years of relevant experience in Operational Risk, Technology Risk, IT Audit, or Information Security.
• Understanding of software design, application development, and technology operations.
• Strong analytical, communication, influencing, and negotiating skills.

Responsibilities

• Establish operational risk policies and technologies.
• Assess and drive actions to address operational risks.
• Monitor KRCIs and conduct deep dive analyses.

Skills

Operational Risk Management

Technology Risk

Project Management

Analytical Skills

Communication Skills

Education

Bachelor's degree

Master's degree

Job description

Senior Business Analyst - Ops Risk & Control

Job Description:

The Senior Business Analyst in Operational Risk & Control is responsible for managing and overseeing operational risk policies, technology, tools, and governance processes to minimize losses from failed internal processes, inadequate controls, and emerging risks.

Responsibilities:

• Establish and oversee the application of operational risk policies, technology, tools, and governance processes.
• Assess risks independently and drive actions to address root causes of operational risk losses.
• Work with In-Business Operational Risk and Independent Risk Teams to ensure effective governance and oversight.
• Drive operational risk anticipation, mitigation, and loss recovery, including development of recovery plans.
• Ensure implementation of operational risk policies and manage exception approvals.
• Inform Operational Risk Council on sub-segment level risk-related matters.
• Participate in In-Business Risk Committees and oversee annual Key Risk Indicator (KRI) reviews.
• Monitor KRCIs triggers and thresholds, analyze breaches, and liaise with Business ORM on corrective actions.
• Conduct deep dive root cause analyses (T-10) with support from In-Business ORM and implement corrective actions.
• Share best practices, controls, and corrective actions through framework papers.
• Communicate and ensure understanding of wide KORs and KRCIs across businesses.
• Assess risks associated with business decisions, ensuring compliance with laws, regulations, and internal policies.

Qualifications:

• 10+ years of relevant experience in Operational Risk, Technology Risk, IT Audit, Operational Control, or Information Security, preferably within financial services.
• Understanding of software design, application development, distributed systems, SDLC, and technology operations (hands-on experience preferred).
• Project management skills with the ability to solve complex problems in varied environments.
• Knowledge of financial regulation, operational management, vendor management, and RCSA processes.
• Strong analytical, communication, influencing, and negotiating skills.

Education:

• Bachelor's degree required; Master's degree preferred.