VP, Operational Risk Manager, Risk Management Group

DBS Bank Ltd; Singapore; Hybrid; SGD 180,000 - 260,000; Full time

Job summary

DBS Bank Ltd in Singapore invites an experienced VP, Operational Risk Manager to lead Line 2 risk oversight within Risk Management Group. You will ensure operational risk is identified, assessed, and mitigated, and drive resilience across business units.

Collaborate with senior stakeholders, monitor risk metrics, develop policies, and steer risk culture. This role demands a strong analytical mindset, data-driven decision making, and the ability to influence across all levels.

Qualifications

• University degree or equivalent in finance, accounting, business or technology.
• At least 8 years of banking or financial institution experience.
• Strong communication and analytical skills with data-driven approach.

Responsibilities

• Provide Line 2 independent risk oversight for assigned lines of business.
• Review and challenge operational risks to ensure resilience.
• Monitor risk metrics, KRIs, risk events, and SCAR results.

Skills

Strong communication

Analytical thinking

Risk management knowledge

Stakeholder management

Education

University degree or equivalent in finance, accounting, business or technology

Tools

Risk metrics tools

Job description

## VP, Operational Risk Manager, Risk Management GroupApply: Singapore - Central: Full time: Posted Today: WD89050**Business Function** Risk Management Group – Operational Risk (RMG-OR) develops and maintains the Bank's risk management and internal control frameworks. As a second line function, we provide independent review and challenge to the business and support units to ensure a proper balance between risk and return in decision-making. RMG also monitors and reports on key risk issues of the Bank and apprises management and risk committee(s) of the overall operational risk profile. Our commitment to effective risk management is supported by significant investments in our personnel and infrastructure, contributing to the Bank's strong performance. **Responsibilities** As an Operational Risk Manager, you will be accountable for providing objective review and challenge to the business units and support units to ensure operational risk is adequately and effectively managed and ensure operational resilience within the units.The incumbent will provide Line 2 independent risk oversight for the specific lines of business and/or support units he/she is assigned to:* Provide advice, objective review and challenge to the units to ensure operational risk is adequately and effectively identified, assessed and managed, and ensure operational resilience within units* Conduct independent assessment and monitoring of operational risk by reviewing operational risk metrics (risk events, risk & control self-assessment results, key risk indicators, etc), and assessing if there are systemic/thematic risk concerns that warrant deeper analysis and escalation to senior management* Conduct thematic risk reviews to identify major areas of risks and control improvements* Develop and maintain operational risk polices and mitigation programmes* Develop and implement initiatives (such as training programme and communication/ awareness activities) to enhance risk culture and awareness in the units* Drive/lead changes in various risk tools to improve operational risk management* Participate in the team’s ongoing projects and initiatives **Requirements** * University degree or equivalent, with major study in finance, accountancy, business and/or technology* At least 8 years of working experience in banks or financial institutions, with good understanding of operational risk, banking products and processes* Aptitude and experience in risk and control related roles in first, second or third lines of defence and familiar with operational risk management concepts and tools* Strong communication and facilitation skills; able to work with and influence stakeholders at all levels* Strong analytical and problem-solving capabilities with affinity to using data to solve problems* An analytical thinker with good risk sense and affinity to using data to solve problems* Team player who can persuade/influence others to achieve the operational risk management objectives* Positive attitude to change, constantly looking for better ways to get things done and to challenge status quo* Self-driven and able to balance creative and pragmatic approaches**Location:**DBS Asia Central**Job:**Risk Management**Schedule:**Regular**Employee Status:**Full time