VP, Operational Risk Manager, Risk Management Group

DBS; Singapore; On-site; SGD 180,000 - 260,000; Full time

Job summary

DBS Asia Central is seeking an experienced VP, Operational Risk Manager in the Risk Management Group. You will provide independent risk oversight and challenge to ensure robust operational risk management across units, with emphasis on resilience and effective controls.

The role requires a deep understanding of operational risk concepts, data-driven analysis, and strong stakeholder engagement to influence risk decisions at all levels.

Qualifications

• University degree or equivalent in finance, accounting, business or technology.
• Strong understanding of operational risk, banking products and processes.
• Aptitude in risk and control roles with familiarity of risk management concepts.

Responsibilities

• Provide independent review and challenge to business units to identify, assess and manage operational risk.
• Conduct independent assessment of operational risk metrics and identify systemic risk concerns.
• Develop and maintain operational risk policies and mitigation programmes.
• Lead risk culture initiatives and training to enhance awareness within units.

Skills

Operational risk concepts

Data analysis

Stakeholder management

Analytical thinking

Communication

Education

University degree in finance/accounting/business/tech

Job description

## VP, Operational Risk Manager, Risk Management GroupApply: Singapore - Central: Full time: Posted Today: WD89664**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. **Responsiblities** 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, including risk culture and conduct 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