The bank for a changing world

Operational Risk Manager


Standard / Permanent


SG-Central Singapore

Job function




Position Purpose

The position of Operational Risk Manager is a second line of defence to ensure compliance with standards of the

Operational Risk Management and Permanent Control framework.

Key Responsibilities

The key responsibilities of the Operational Risk Manager are:

· Team lead to oversee the operational risk framework of assigned business stream.

· In charge of oversight diligences “deep dive” on key identified risks.

· Assess and monitor control effectiveness with ability to identify deficiencies towards a transversal view

across business and functions to form an end to end view.

· Ensure the compliance with applicable standards of the Permanent Control framework and Operational Risk.

· Contribute to the definition and promotion of Permanent Control and Operational Risk standards,

methodologies and procedures.

· Provide a critical analysis and review of the Risk assessments produced by the first line of defence OPC.

· Provide assistance to operational risk correspondents on operational risk methodologies, procedures, tools

support and on follow up actions.

· Provide assistance in preparation of operational risk control committees.

· Coordinate with Global Risk ORC function on reporting, standards or tools implementation.

· Provide assistance and support to regional initiatives on operational risk and internal control reviews and

other ad hoc projects.

· Contributes to the internal or regulatory reporting, when required.

Competencies (Technical / Behavioural)

Solid understanding of risk management and sound operational risk practices.

· Accomplished and resourceful leadership to supervise operational risk practices within a business.

· Deep appreciation of robust governance in the context of risk and control environment.

· Strong analytical skills with ability to reference against standards, highlight anomalies and assess key risk


· Highly motivated, independent and proactive self-starter individual.

· Excellent communicator with interpersonal and stakeholder relationship management skills.

Specific Qualifications Required

University graduate with at least 7-10 years of relevant experience in risk management, control function,

preferably with relevant exposure to consulting or audit background.

· Prior experience or practical understanding in previous roles may include but not limited to

Front/Middle/Back Office, Operations or Functional role(s).

· Preferred candidates should possess robust knowledge of banking products in the area of Private Wealth

Management and / or Corporate Institutional Banking.