Operational Risk Specialist 6 Months Contract *Convertible*

Recruiter
Morgan Mckinley Singapore
Location
Singapore
Salary
Competitive
Posted
26 Jul 2018
Closes
31 Jul 2018
Ref
4150604
Sector
Accounting - Public practice
Contract type
Contract
Hours
Full time
Our client, one of the top global banks in Singapore is looking to hire an individual to join their dynamic team.

This role will be responsible for supporting the Operations teams in ensuring that risks, controls, policies and processes are adequately understood, operated and reported this role is also responsible for managing the risk and control agenda within the department.

This role will provide a good exposure for individuals who are looking into building their career in the operational risk space, the role is highly convertible base on performance.

Responsibilities
  • Pro-actively drive the risk and control agenda to ensure a well-controlled operating environment
  • Plan and execute quality assurance reviews on Loan Operation's processes in line with existing and emerging risk appetite
  • Face off with other risk groups such as internal/ external audit, first and second line operational risk teams, and the Control Office
  • Oversee key control reports and produce periodic report for Loan Operations senior management
  • Ensure Loan Operations meets required timelines and accuracy for internal and external reporting
  • Ensure Loan Operations practices and procedures are in compliance with all applicable risk and control standards, policies and regulations
  • Collaborate with risk incident owners, investigate issues and develop sustainable remediation plans following any control incident
  • Partner with Loan Operations senior management to identify any risk and control gaps and develop sensible mitigating controls
  • Ensure that the wider Loan Operations team is aware of all applicable risk and control frameworks/ policies and be accountable for ensuring those policies are adhered to
  • Review and approve new processes as part of New Businesses/ Change Initiatives
  • Hold the Loan Operations team to account with respect to KPIs and KRIs, and work with Loan Operations senior management to develop remediation plans where these indicators are repeatedly breached
  • Ensure proper escalation and syndication of any risk incidents incident

Skills and requirements
  • A sound understanding of risk and controls in financial institutions
  • Experience of the risk and control framework in a lending business
  • Excellent interpersonal skills and the ability to communicate at all levels of the organisation
  • Meticulous and detail oriented
  • Inquisitive and with the desire to ask questions so as to deepen understanding
  • Proactive approach and ability to manage and drive the risk and control agenda
  • Bachelor's degree
  • Experience in Loan IQ will be an added advantage
  • Experience in dealing with internal/ external audit will be an added advantage

Immediately available candidates are preferred.

Singaporeans and PRs are preferred due to nature of business.

*****If you are interested in this role please send your updated CV (word format) to Jasmine at jchoong@morganmckinley.com for a confidential discussion*****

Due to overwhelming responses, only shortlisted candidates will be notified.

Referrals are greatly appreciated.

Morgan McKinley
EA Licence No: 11C5502
Registration No: R1872647
License Name: Choong Kit Yeng (Zhong Jieying)

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