VP Data Risk, Data and AI Risk, Risk Management Group

DBS Bank Australia; Singapore; On-site; SGD 120,000 - 160,000; Full time

Benefits offered by this job

Innovative work environment

Global leadership recognition

Job summary

DBS Bank Australia is seeking a VP of Data Risk to lead the development and maintenance of a comprehensive risk management framework for Data and AI initiatives. You will be responsible for ensuring alignment with regulatory requirements and best practices.

The ideal candidate has over 8 years of risk management experience, strong analytical skills, and proven ability to implement data risk frameworks. The position is full-time and based in Singapore, offering an opportunity to contribute to the forefront of finance.

Qualifications

• 8+ years of experience in risk management with a focus on Data risk.
• Proven experience in developing and implementing risk management frameworks.
• Strong knowledge of relevant regulations related to Data risk.

Responsibilities

• Own and evolve Group Data Risk Management Policy and supporting standards.
• Define and maintain Data Risk appetite and expected control outcomes.
• Drive alignment of standards and controls to data risk policy.

Skills

Risk management

Data risk frameworks

Regulatory compliance

Applied Machine Learning Techniques

Communication skills

Analytical skills

Education

Bachelor's degree in relevant field

Tools

Data Management Capability Assessment Model (DCAM)

Job description

## VP Data Risk, Data and AI Risk, Risk Management GroupApplylocations: Singapore - Centraltime type: Full timeposted on: Posted Todayjob requisition id: WD85952**Business Function**Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to the business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in people and infrastructure.The role is within the Data and AI Risk team in RMG and will be responsible for developing and maintaining a comprehensive risk management framework for Data and AI initiatives across the bank, ensuring alignment with regulatory requirements and industry best practices.**Responsibilities:*** Own and evolve Group Data Risk Management Policy and supporting standards* Own Data Risk and Control Taxonomy across the Group* Define and maintain Data Risk appetite, thresholds, and expected control outcomes* Codify what good looks like for data risk management across businesses* Translate regulatory expectations into clear, formal data risk requirements* Drive alignment of standards and controls to data risk policy and appetite* Provide clear interpretation of data risk requirements across teams* Support articulation of data risk issues, incidents, and control gaps* Ensure consistency in how data risks and controls are defined across the Group**Requirements:*** Experience (8+ years) in risk management, with a strong focus on Data risk.* Proven experience in developing and implementing risk management frameworks and methodologies.* Strong knowledge of relevant regulations and industry best practices related to Data risk, and model risk management frameworks.* Experience in Applied Machine Learnings Techniques will be favoured.* Excellent communication, presentation, and interpersonal skills, with the ability to effectively communicate complex technical information to both technical and non-technical audiences.* Strong analytical and problem-solving skills, with the ability to identify and assess risks effectively.Bachelor's degree in a relevant field (e.g., Accounting, Banking, Computer Science, Engineering, Mathematics, Statistics). Relevant certifications such as DCAM (Data Management Capability Assessment Model, other Data Governance related certifications are preferred.**Location:**DBS Asia Central**Job:**Risk Management**Schedule:**Regular**Employee Status:**Full time### Why join us?*DBS is more than a bank —**we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world.*### About UsDBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia.Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023.DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.