Senior Executive – Group Operational Risk

Job Description:

1. Monitoring and Reporting:
   • Manage the GRC issue reporting process to ensure that all outstanding (medium and high) issues are tracked until completion:
     • Liaise with all RCOs on the submission of new and update of GRC issues.
     • Review and assess the content of the GRC issue description for clarity, addressable corrective actions and timeline.
     • Track and update the status of the corrective actions plan for all GRC issues.
     • track the pre-validation of corrective action plan for all GRC issues by RCOs and Validation Parties.
2. Collate, review and report the GRC dashboard on the following matters:
   • Overdue e-Learning
   • Overdue Documents (Framework, Policy and Standard Operating Procedure)
   • Overdue AICB Membership Registration and Overdue AICB CPD
   • Overdue projects
   • Branch Managers Hiring Status
3. Oversight and Control
   • Plan and assess the areas for review of the ORM tools on regular basis.
   • Review and assess the implementation of the ORM tools by the RCOs in respect of timelines of reporting and adequacy of areas reviewed.
   • Engage and liaise with the RCOs on the observations of the ORM reviews.
   • Review the quarterly Control Self-Assessment findings by the RCOs for reporting in the GRC report.
4. Consultative and Advisory Role
   • Provide consultative advice to RCOs on GRC reporting procedures and ORM matters for uniform implementation across the Group. Function as the contact point to the RCOs for all the issues/queries pertaining to GRC report and ORM matters.
5. Policies and Procedures
   • Establish and review policies and procedures relating to the monitoring, control and oversight of RCOs and operational risk.
6. Risk Awareness and Training
   • Provide risk awareness and training on GRC reporting procedures and ORM matters to raise awareness and understanding amongst the RCOs.
7. Risk Management Projects and Initiatives
   • Assist Head, Group Operational Risk and GCRO to plan and implement various strategic and risk management initiatives/ projects to strengthen the Group’s risk management capabilities.
   • Provide cross-functional support to colleagues within Group Risk Management, as required to ensure the success of the Group’s risk management initiatives.

Job Requirement

• Tertiary Graduate or Qualified Professional with at least 1-3 years’ experience in banking and financial industry, with exposure to risk management/ internal audit/ banking business and operations.
• Good knowledge of risk associated with banking business and operations
  In-depth knowledge of relevant regulations governing banking operations
• Experience in best practices and minimum standards operational risk management
• Excellent communication skills in both written and oral
• Good interpersonal skills, able to handle different stakeholders across different level
• Strong analytical and problem solving skills