Operation Risk Officer recruitment
Risk Identification
- Develop and maintain a system to promote the identification of operational risks, including incident reporting.
- Ensure essential operational risk policies and regulations are maintained/updated and are communicated and disseminated to the staff
Risk Mitigation
- Design, review and implement operational risk management framework, including control tools measures. Co-ordinate with Risk Owners to determine proper controls for each risk based on the risk appetite
Risk Monitoring
- Co-ordinate with business and supporting functions to evaluate changes to the assessment of the effectiveness of the controls for all identified risks periodically and key risks on a continuous basis.
Risk Reporting
- Prepare management reports to senior management for decision making from strategic risk perspective.
- Undertake and/or coordinate periodic review on business activities, including risk and control self assessment, in order to assess the effectiveness of the control measures and identify new risks.
- Encourage timely identification and reporting of significant risks and losses.
- Analyze the operational loss incidents reported monthly by each business and support functions to establish the appropriateness of the proposed remedial or action plan.
- Prepare monthly “Dash Board” reports for submission to the Singapore Risk Committee. The report should cover key operational risks (loss/ incidents), identifying trends and movements from previous months.
- Develop and maintain a system for integrating Operational Risk Management (ORM) procedures within both the written procedures and daily risk monitoring activities of the Branch;
Requirements:
- Experience in a function related to operational risk or related experience in a bank or other financial institution.
- Good knowledge of financial products in trading and commercial activities, transactions and settlement processing
- Operational risk management principals, framework (SOX and BIS II), policies, and reporting (including tools, techniques, and systems etc).
We regret only shortlisted candidate will be notified.
May 10, 2012
• Tags: Operation Risk Officer recruitment, Risk Management careers in the Singapore • Posted in: Financial