Vice President, Business Control

ING BANK N.V., SINGAPORE BRANCH; Singapore; On-site; SGD 120,000 - 160,000; Full time

Job summary

A leading banking institution in Singapore is seeking a skilled Vice President for Business Control to oversee Non-Financial Risk management. The ideal candidate will have a Master's or Bachelor's degree and at least 12 years of relevant experience in banking risk management. Responsibilities include advising on NFR management, supporting compliance, and formulating monitoring plans. Strong analytical and stakeholder management skills are essential for this role.

Qualifications

• At least 12 years relevant experience in the Banking Industry, in risk management or risk auditing.
• In-depth knowledge and practical experience of Non-Financial Risk topics.
• Good knowledge & understanding of Wholesale Banking products and processes.

Responsibilities

• Provide advice and support regarding Non-Financial Risk management.
• Implement NFR Management Procedures and Control Standards.
• Formulate annual plans for key control testing and risk assessments.

Skills

Strong analytical skills

Problem solving

Planning

Negotiation skills

Stakeholder management

Education

Master/Bachelor's degree

Job description

Overview

ING Wholesale Banking in Singapore

We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial experts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client’s perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.

Job Profile Summary

We are looking for a skilled and motivated professional to join as a Vice President, Business Control, for the Regional Business Control Office (first line of defence) of ING Wholesale Banking Asia to:

• Contribute to the design, preparation and coordination of various NFR initiatives having in mind supporting the business in efforts to stay within the risk appetite and help to respond to various NFR related requirements, requests, queries etc.
• Advise and support the identification, analysis and mitigation of non-financial risks within the WB Asia.
• Work closely & collaborate with country management, business Managers, 1st line business & operations teams, second line of defence in the region & with global teams.

Job Responsibilities

• Provides advice and support to the WB business / locations with regards to Non-Financial Risk (NFR) management.
• Support the business and functions in the implementation of NFR Management Procedures and Control Standards.
• Formulate annual plan for key control testing, control evaluation and other types of monitoring, monitor and report the progress.
• Formulate annual plan for risk assessment, monitor and report the progress.
• Ensure compliance with the required NFR procedures.
• Support management in monitoring NFR related KPIs such as outstanding issues.
• Provide guidance and train the fellow teams and stakeholders on NFR requirements such as risk assessment. Able to translate complex NFR concepts into deliverables.
• Contribute to the design of global NFR procedures and control.
• Liaise with relevant second line of defence and audit teams for risk management questions and/or advise on risk mitigating activities.
• Other NFR related topics.

What we\'re looking for

• Master/Bachelor\'s degree with at least 12 years relevant of Banking Industry experience, in risk management or risk auditing.
• In-depth knowledge and practical experience of Non-Financial Risk topics, NFR processes and frameworks.
• Good knowledge & understanding of WB products and processes.
• Display exemplary conduct and a pragmatic, thorough and result driven approach.
• Strong analytical skills, problem solving, planning & negotiation skills.
• Experienced in working in a multi-cultural, regional/global organization structure; with good stakeholder management skills.
• Strong communication and reporting skills.