Job ref no.: 167122624-WD17111 (CT3129280-01#0141)
DBS Bank Ltd

Assistant Vice President, Operational Risk & Control, Consumer Banking

DBS Bank Ltd

About this company

Business Function


Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.



Responsibilities


  • To assess and identify the potential risks that may hinder the reputation, safety, security and financial prosperity of designated operation functions under Technology & Operations

  • To strengthen the risk and control culture and implement the operational risk management framework within Consumer Banking Operations processing units to ensure quality output and compliance with regulatory requirements.

  • Enhance risk governance within Operations in driving the risk committees or equivalent forum

  • Ensure implementation of corporate operational risk policies and standards

  • Promote risk & control awareness.Share operational risk best practices within the Operations via Newsletter and Control & Compliance Forum.

  • Ensure timely completion of quality risk and compliance self-assessment (RCSA) and provide guidance on the identification / assessment of risks and controls.Ensure proper issues and action plans arising from the RCSA are tracked to completion.

  • Monitor timely reporting/escalating of risk events/significant incidents and perform action tracking to ensure timely issue resolution.

  • Monthly/ Annual reporting and review such as KRI, Risk Metric for Country and Regional prospective

  • OSP / vendor management support and review SOP, error investigation and annual Aduit work through etc.

  • Recommend preventive measures for key risk event with Operations.

  • Ad Hoc Risk and Control related project (AML, Data Protection, Fraud Management etc.)

  • Act as Coordinator in regulatory reporting, internal and external auditors

  • Provide pre-audit view with Ops Team especially past issues review

  • Business Continuity – work with Ops Team and Group BCM to sustain the business with agreed service level

  • Organize and Chair monthly meeting such as OSP SDM monthly meeting, Cross dept risk forum etc.

  • Support on Regional ORF meeting, Country ORF, AML & Fraud management meeting etc.



Requirements


  • Degree holder

  • Minimum of 5 years of experience in banking industries, with exposure in control, compliance, audit/ risk management or relevant experience and familiar with SFC and the HKMA regulatory requirements.Consumer banking Operations in Risk , Finance Accounting, AMLor Audit with Supervisory experience would be an advantage.

  • Strong in risk management and experienced in regulatory compliance

  • Strong ability of multi-tasking

  • Good project management skill

  • Ability to adapt quickly and working with short deadlines

  • Strong knowledge in SFC and the HKMA requirements in banking and operations, preferably in consumer banking.


Apply Now


We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.


We regret only shortlisted candidates will be notified.


More job information
Job ref no. 167122624-WD17111 (CT3129280-01#0141)
Salary
Job Function
Industry
Employment Term
  • Permanent
  • Full-time
Experience
  • 5 years - 20 years or above
Career Level
  • Middle management level
Education
  • Degree