VP, Operational Risk Management - Thematic Review

OCBC Bank; Singapore; On-site; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive base salary

Professional development

Community initiatives

Holistic benefits

Wellbeing support

Vibrant career

Job summary

OCBC Bank in Singapore is seeking an Operational Risk Management Specialist to identify cross-cutting risk themes, strengthen controls and support governance forums.

You will lead thematic reviews, analyse trends and provide practical remediation actions while partnering with risk, compliance and audit teams to protect business operations.

Qualifications

• Min. 10 years of relevant experience in operational risk, non-financial risk, compliance assurance, internal audit, business risk management or control testing within a banking or financial services environment.
• Strong understanding of banking products, processes, systems, controls and risk governance.
• Experience leading thematic reviews, control assessments, assurance reviews, internal audits or regulatory/compliance testing.
• Proven ability to identify root causes, emerging risk themes, systemic issues and practical remediation actions.
• Experience engaging senior stakeholders and presenting risk insights to management or governance forums.
• Confident stakeholder management with the ability to influence across business, risk, compliance and audit teams and able to exercise sound judgment, provide independent challenge and balance risk-management expectations with business practicality.
• Experience in compliance assurance / testing or internal audit would be an added advantage.
• Independent, organised and able to manage multiple reviews or priorities concurrently.
• High level of integrity, professional skepticism and attention to detail.

Responsibilities

• Lead the planning, prioritisation and delivery of thematic reviews aligned to the organisation’s operational risk profile, emerging risk themes and management priorities.
• Identify cross-cutting control weaknesses, risk hotspots, systemic trends, red flags and areas of concern through targeted reviews of processes, controls, incidents, issues and management information.
• Provide independent second-line challenge and work with stakeholders to agree practical, risk-based actions to address identified concerns before they elevate into more significant risk events.
• Analyse patterns, root causes and emerging indicators to anticipate potential adverse trends or control deterioration across businesses, products, processes or entities.
• Prepare clear, concise and well-supported reports for senior management and relevant governance forums, highlighting key observations, implications and recommended actions.
• Track thematic review outcomes and management actions to support timely closure and sustainable remediation.
• Continuously enhance the thematic review methodology, including scoping, sampling, documentation, quality assurance and reporting standards.
• Lead or participate in cross-functional initiatives to improve risk management practices, productivity, data usage, control monitoring or review quality.

Skills

Stakeholder management

Risk assessment

Root cause analysis

Thematic reviews

Regulatory knowledge

Auditing

Job description

WHO WE ARE: As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

Why Join As an Operational Risk Management Specialist at OCBC, you will play a critical role in identifying and mitigating risks that could impact our business operations. You will work closely with various stakeholders to ensure that our risk management practices are robust and effective, and that we are well-positioned to achieve our strategic objectives.

How you succeed

Leverage my operational risk, assurance and audit experience to identify cross-cutting risk themes and control gaps. Partner with stakeholders to deliver practical, risk-based improvements that enhance organisational resilience.

What you do

• Lead the planning, prioritisation and delivery of thematic reviews aligned to the organisation’s operational risk profile, emerging risk themes and management priorities.
• Identify cross-cutting control weaknesses, risk hotspots, systemic trends, red flags and areas of concern through targeted reviews of processes, controls, incidents, issues and management information.
• Provide independent second-line challenge and work with stakeholders to agree practical, risk-based actions to address identified concerns before they elevate into more significant risk events.
• Analyse patterns, root causes and emerging indicators to anticipate potential adverse trends or control deterioration across businesses, products, processes or entities.
• Prepare clear, concise and well-supported reports for senior management and relevant governance forums, highlighting key observations, implications and recommended actions.
• Track thematic review outcomes and management actions to support timely closure and sustainable remediation.
• Continuously enhance the thematic review methodology, including scoping, sampling, documentation, quality assurance and reporting standards.
• Lead or participate in cross-functional initiatives to improve risk management practices, productivity, data usage, control monitoring or review quality.

Who you are

• Min. 10 years of relevant experience in operational risk, non-financial risk, compliance assurance, internal audit, business risk management or control testing within a banking or financial services environment.
• Strong understanding of banking products, processes, systems, controls and risk governance.
• Experience leading thematic reviews, control assessments, assurance reviews, internal audits or regulatory/compliance testing.
• Proven ability to identify root causes, emerging risk themes, systemic issues and practical remediation actions.
• Experience engaging senior stakeholders and presenting risk insights to management or governance forums.
• Confident stakeholder management with the ability to influence across business, risk, compliance and audit teams and able to exercise sound judgment, provide independent challenge and balance risk-management expectations with business practicality.
• Experience in compliance assurance / testing or internal audit would be an added advantage.
• Independent, organised and able to manage multiple reviews or priorities concurrently.
• High level of integrity, professional skepticism and attention to detail.

What we offer

• Competitive base salary.
• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry-leading learning and professional development opportunities.
• Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
• Let’s build the bank we need for the future we want.
• Find the best version of yourself in a friendly, supportive team.
• Build lasting value in your community.
• Help people grow their assets, business, and investments.
• Take your learning as far as you can.
• Or simply enjoy a vibrant, future-ready career.
• Your Opportunity Starts Here

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.