Technology Risk & Control Specialist (Application Control / Payments / Banking)

Smart IMS Inc.; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

Smart IMS Inc. in Singapore is hiring an IT Risk & Control Specialist to support a top global investment bank.

The role sits in the APAC Risk & Controls function to ensure that risk framework and governance routines are implemented, with tracking, monitoring, and escalation of technology risk issues. You will drive risk engagement, QA testing, regulatory change responses, and collaborate with cross-functional teams to mitigate risk and promote a strong risk culture across applications and

Qualifications

• Bachelor’s degree in IT with 4–6+ years of experience.
• Experience in IT risk audit or control within banking/financial services.
• Experience in payments domain and application control testing.
• Ability to identify regulatory risk exposures and drive mitigations.
• Knowledge of APAC regulations and regulatory risk management.

Responsibilities

• Drive risk engagement and management across ERP, RCSA, eRIC, and related processes.
• QA testing and Business Continuity for applications and risk reporting.
• Manage senior stakeholders communication and reporting.
• Develop and socialize risk mitigation strategies and actions.
• Foster risk culture Identify, Escalate, Debate risk issues and coordinate with audits.

Skills

IT Risk Audit

Risk & Controls

Regulatory Risk Management

Stakeholder Management

Application Control Testing

Payments Domain Experience

Communication

Education

Bachelor's degree in IT

Job description

Smart IMS Inc provides Digital technology & Cloud transformation services, Application & Infrastructure Management Services, Unified Communications and Insurance implementation services to customers across the Americas, Europe, Middle East, and Asia-Pacific regions. As the trusted technology and business partner of leading MNCs, including Global Investment Banks, Smart IMS is also a Microsoft Gold Certified Partner, Oracle Platinum Partner and AWS MSP Partner.

We are looking to hire an IT Risk & Control Specialist in Singapore to support our client which is a top global investment bank.

What you can expect:

• The role will sit within the APAC Risk & Controls function of the bank, which works with Application Managers, Enterprise Control functions and COOs across the line of businesses to ensure that control gaps are identified and remediated.
• You will oversee the effective implementation of the Bank’s Risk framework and Global Technology (GT) governance routines and requirements, using established tools and documented procedures. This includes documentation to enable tracking, monitoring, and escalation of technology risk related issues to management, and acting as an ambassador of the risk culture.

What you will do:

• Drive risk engagement & management and issue identification; in particular E2E risk management includes ERP, RCSA, eRIC, SIAI, JDI, AIAI, RIAI etc.
• Drive QA (Quality Assurance) testing, Business Continuity for applications, Sustainability Program and new toolset adoption with JIRA for Risk management.
• Manage senior stakeholders communication and reporting
• Develop and socialize potential risk mitigation strategies
• Foster the Identify, Escalate, Debate risk culture
• Assess regulatory (eg MAS, HKMA, CBRC, OJK, RBI, etc) changes impacting technology and operations and drive related risk mitigation program with required stakeholders
• Manage regulatory relationships, where relevant
• Collaborate across the GCIBT application groups, Risk Leads and enterprise process owners (including Global Information Security) to respond to Internal and External Audits, Exams, and Regulatory/Clearing Inquiries & Assessments.
• Assist business and process owners with remediating the most significant risks including Audit Issues, Self-Identified Audit Issues, Compliance Identified Audit Issues, Regulatory Issues
• Identify opportunities for enhancing or streamlining execution of risk management processes; partner across multiple divisions to execute.

Job Requirements:

• Individual with IT Risk Audit or Control experience in the Banking/FI domain.
• Bachelor’s degree in IT, minimum 4-6 plus years of experience
• Relevant experience in executing Risk initiatives within a tech risk function, compliance or technology audit role
• Candidates need to possess IT Risk Audit or Control experience in the payments domain
• Possess risk experience in Application Control Testing
• Experience in leading programs for proactively identifying regulatory risk exposure and potential non-compliant areas
• Knowledge of APAC regulations & understanding of regulatory risk management preferred
• Possess confidence and assertiveness, unafraid to voice opinions and influence stakeholders effectively