AVP, Risk Surveillance Analyst

Join to apply for the AVP, Risk Surveillance Analyst role at OCBC 1 week ago Be among the first 25 applicants Join to apply for the AVP, Risk Surveillance Analyst role at OCBC Get AI-powered advice on this job and more exclusive features. Who We AreAs Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Who We AreAs Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.Your Opportunity Starts Here.Risk Analytics, Intelligence & Surveillance (RAISe) is a dedicated unit within Consumer Financial Services (CFS), reporting to the Head of Risk and Prevention (RNP). The primary objective of the RAISe team is to establish a robust risk surveillance and continuous monitoring framework that facilitates effective and timely risk management for CFS. This will be accomplished by leveraging advanced technology, data analytics, and detection methodologies to proactively identify, assess, and report on material risk trends and incidents.RAISe team collaborates with various CFS business stakeholders to mitigate risks, ensuring compliance with all regulatory and policy requirements while maintaining the overall risk within acceptable appetite levels and achieving strong oversight of CFS risk and controls.RoleThe FCO Risk Analyst plays a crucial role in managing, testing, and detecting material risks and control lapses in the daily operations of CFS. Reporting to the HoRNP / HoRAISe, the analyst will have opportunities to rotate, lead, and take ownership in one of the following areas within their respective team:Conducting pulse checks and validating control effectiveness in the Financial Crime and Operational Risk domains. Engaging in continuous surveillance using data to identify risk insights and monitor trends. Testing departmental control procedures and conducting thematic reviews related to Financial Crime and Operational Risk, with exposure to other risk pillars. Presenting to business units on the risk insights, fortifying our risk culture and conduct. As part of their career development within RAISe, the individual is expected to contribute to the unit's success by:Meticulously tracking flagged risks and ensuring thorough follow-up by stakeholders and the team on all required actions for closure. Validating the quality of reviews conducted by business stakeholders and reporting on any material lapses. New ways of risk surveillance – employing advanced techniques to conduct thorough risk surveillance and testing of business process control measures to assess their relevance and effectiveness. Articulating, escalating, and reporting testing and review results to management and business stakeholders, highlighting material findings for risk mitigation and promoting best practices and positive reinforcement. Proactively identify potential new risk insights or trends observed during operations and discussing these with Risk Surveillance Managers for further analysis. The FCO Risk Surveillance Analyst is expected to engage regularly and tactfully with CFS departments during their review, testing, monitoring, and reporting activities, ensuring effective communication and collaboration throughout the process.What We Are Looking ForDegree holders aspiring to develop a career in risk management and surveillance. Minimum 4 years of risk management, compliance, regulatory or audit experience. Good understanding and grasp of consumer banking products and processes is preferred. What We OfferCompetitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at OCBC by 2x Sign in to set job alerts for “Vice President of Risk” roles. 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