DBS Bank

SVP / VP, Regional Operational Risk Management, COO-Office, Consumer Banking Group

DBS Bank  •  Singapore, SG (Onsite)  •  2 hours ago
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Job Description

Business Function:

As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our customers realise their dreams and aspirations at every life stage. Our financial solutions are not only the best in the business - they were made just right for you.


Job Purpose:

The Regional Operational Risk Manager is responsible for overseeing the operational risk management framework across CBG markets. The role partners business and functional stakeholders to identify, assess, monitor and mitigate key operational risks while ensuring adherence with internal policies and regulatory expectations.

The incumbent will drive regional risk governance and provide independent challenge, advisory and oversight on operational risk matters, including emerging risks, third-party dependencies, business continuity, conduct risks and strategic initiatives.

The role also serves as a key interface between regional business management, location risk teams and Group Risk Management to strengthen risk management capabilities and promote consistent practices across the franchise.


Responsibilities

  • Drive operational risk governance, its tools and practices across CBG locations, ensuring alignment with risk management standards and consistency across franchise.

  • Provide risk advisory , review and challenge on initiatives and business activities to ensure risk-informed decision making and control effectiveness.

  • Oversee risk assessments from the various risk metrics such as key risk indicators, risk events and RCSA and ensure effective remediation of identified control gaps.

  • Support senior management and governance forums through timely risk reporting, analysis and escalation of key risk issues.

  • Strengthen operational resilience, third-party risk management and business continuity capabilities across the franchise.

  • Promote strong risk and control culture through risk awareness programs and sharing of learnings and best practices.


Requirements:

  • Bachelor's degree in Finance, Business, Accountancy, or related disciplines.

  • 10 - 12 years of experience in operational risk management, audit, compliance, control, governance or related functions within banking or financial services, mostly within retail banking preferred.

  • Strong knowledge of operational risk frameworks, governance practices and process controls.

  • Experience supporting multiple countries or regional banking operations is preferred.

  • Familiarity with operational resilience, outsourcing/third-party risk management, business continuity management and conduct risk management.

  • Familiarity with regulatory expectations particularly consumer banking space advantageous.

  • Strong communication and facilitation skills, with a proven ability to collaborate and influence stakeholders across functions/locations to achieve operational risk management objectives.

  • Good risk sensing and affinity to data use and analysis.

Location:

DBS Asia Central

Job:

Risk Management

Schedule:

Regular

Employee Status:

Full time

DBS Bank

About DBS Bank

DBS 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. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

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 14 consecutive years from 2009 to 2022.

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. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Singapore, SG
Year Founded
1968
Website
dbs.com
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