Senior Operational Risk Specialist (Banking/ Financial Institution)

PEOPLE PROFILERS PTE. LTD.; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A leading company in Singapore is seeking a Risk Management professional to enhance its operational risk policies and ensure compliance with regulatory standards. The candidate will also monitor key risk exposures and support the firm's business continuity planning. Ideal applicants should have a diploma or degree in a relevant field and at least 2 years of experience within a financial institution.

Qualifications

• At least 2 years of relevant experience in operational or enterprise risk within a financial institution.
• Good understanding of MAS guidelines on operational, technology, and outsourcing risk.
• Familiarity with regulatory reporting standards.

Responsibilities

• Support the risk management function by enhancing and maintaining operational risk policies.
• Monitor key risk exposures and coordinate regular risk assessments.
• Assist in managing technology and cybersecurity risks.

Skills

Analytical skills

Investigative skills

Interpersonal skills

Communication skills

Education

Diploma/Degree in Business, Finance, Risk Management

Job description

Responsibilities

• Support the risk management function by assisting in the enhancement and maintenance of the company’s operational risk policies, procedures, and governance frameworks.
• Monitor key risk exposures and emerging threats across departments, ensuring appropriate mitigation actions are implemented and communicated to senior stakeholders when risk levels change.
• Coordinate and oversee regular risk assessments and track risk mitigation efforts using internal risk management tools.
• Investigate operational incidents, complaints, and process lapses to determine root causes and ensure follow-up actions are implemented effectively.
• Assist in managing technology and cybersecurity risks by working with relevant teams to ensure compliance with MAS regulations, conducting risk assessments, and addressing any identified control gaps.
• Review and assess new products and outsourcing arrangements to ensure alignment with internal risk standards and regulatory expectations, including keeping the outsourcing register up to date.
• Contribute to the firm’s business continuity planning (BCP) by helping to review recovery strategies, update continuity plans, and support simulation and industry-wide testing.
• Promote risk awareness across the company through internal training and prepare regular risk reports covering indicators, losses, incidents, and self-assessment results for management and committee review.

Requirements:

• Diploma/Degree in Business, Finance, Risk Management, or a related field, with at least 2 years of relevant experience in operational or enterprise risk within a financial institution.
• Good understanding of MAS guidelines, particularly on operational, technology, and outsourcing risk, as well as familiarity with regulatory reporting standards.
• Strong analytical and investigative skills, with the ability to assess risks, review internal controls, and propose practical recommendations.
• Excellent communication and interpersonal abilities, with confidence in working with cross-functional teams and presenting risk findings to management.

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We regret that only shortlisted candidates will be notified.

Email resume to [e-mail]

People Profilers Pte Ltd, 20 Cecil Street, #08-09, PLUS Building, Singapore 049705.
Tel: [phone]

http://www.peopleprofilers.com
EA License Number: 02C4944
Registration Number: R1872398

Posting Personnel: Ng Jwee Ken

Ref: QXRYRVWR

People Profilers Pte Ltd (“People Profilers”) has entered into a Partnership Recruitment Collaboration with Employment and Employability Institute Pte Ltd (“e2i”), to extend the support of hiring beyond e2i’s resources to broaden the reach of jobseekers.

This is in partnership with the Employment and Employability Institute Pte Ltd (“e2i”).

e2i is the empowering network for workers and employers seeking employment and employability solutions. e2i serves as a bridge between workers and employers, connecting with workers to offer job security through job-matching, career guidance and skills upgrading services, and partnering employers to address their manpower needs through recruitment, training, and job redesign solutions. e2i is a tripartite initiative of the National Trades Union Congress set up to support nation-wide manpower and skills upgrading initiatives. By applying for this role, you consent to People Profilers’s PDPA and e2i’s PDPA (https://www.e2i.com.sg/pdpa/).