Operational Risk Management Specialist

7 days ago


Hong Kong, Central and Western District, Hong Kong SAR China DBS Bank Full time

Job Summary

DBS Bank is seeking a highly skilled Operational Risk Management Specialist to join our Consumer Banking Group. As a key member of our team, you will play a critical role in enhancing risk governance and driving operational risk management initiatives across the business.

Key Responsibilities

  • Assist in driving the operational risk committee or equivalent forum to enhance risk governance within the Unit.
  • Facilitate the implementation of corporate operational risk policies and standards across Consumer Banking units.
  • Ensure proper implementation of Unit-specific operational risk policies and procedures.
  • Promote risk & control awareness within Consumer Banking Group.
  • Share operational risk best practices within the Unit.
  • Monitor timely completion of quality RCSA and provide guidance on the identification/assessment of risks and controls.
  • Ensure timely reporting/escalating of risk events/significant incidents.
  • Review and validate risk events reported for factual accuracy.
  • Ensure monthly reconciliations of operational losses/gains recorded in the Operational Risk Management System (ORMS) against the designated General Ledger accounts.
  • Track and monitor to ensure proper action plans are established to address issues for key risk trend or triggers observed.
  • Prepare summary assessment for highlighting to management for attention and actions as appropriate.

Requirements

  • Minimum 5-8 years' experience in banking field, with exposure in control, compliance, audit, risk management or relevant experience.
  • Sufficient knowledge and experience of the Unit's business operations and processes.
  • Ability to provide balanced perspective between business expediency and risk & control.
  • Ability to communicate effectively and coordinate cross-team or cross-function collaboration to implement the Unit ORM programmes.
  • Self-starter and prepared to move outside of comfort zone with tenacity to succeed.
  • Establishes customer relationships, knows the customer and gains their confidence and trust.
  • Embraces and leads change, open and positive about change, and is willing to learn and try new things and situations.


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