Senior Vice President, Consumer Banking Governance and Controls

2 weeks ago


Hong Kong, Central and Western District, Hong Kong SAR China DBS Bank (Hong Kong) Limited Full time
Job Summary

DBS Consumer Banking Group is seeking a seasoned professional to lead the development and implementation of a robust governance and control framework. As the Senior Vice President, Team Head, Governance and Controls, Consumer Banking, you will be responsible for enhancing and establishing a robust governance and control framework to deal with the evolving business landscape in the Consumer Banking Group.

Key Responsibilities
  • Develop and implement a comprehensive governance and control framework to ensure the Consumer Banking Group's risk management and compliance practices are aligned with regulatory requirements.
  • Manage the oversight of risk, controls, and promote a culture of good compliance and risk awareness.
  • Support the development of effective surveillance and monitoring parameters and Key Risk Indicators (KRIs), Risk Control Self-Assessment (RCSA), and others.
  • Review and analyze key operational risks and control-related data trends and root causes, ensuring timely reporting and escalation of risk events or significant incidents.
  • Initiate, drive, and enhance functions in all Consumer Banking branches through various inspection and observation initiatives with data analysis comparison, identify common gaps, and develop practical solutions across all branches.
  • Manage the gap analysis and implementation of both local and regional policy requirements and standards.
  • Drive a strong control culture where there is readiness in proactive risk management and issue self-identification.
  • Ensure external and internal regulatory requirements are met, including participating in all major regulatory projects.
  • As the focal resource for reference, respond to any regulatory consultation and ensure that the implications of any proposal or its associated issues are understood.
  • Provide support and guidance to the teams, covering all aspects of risks, audit, and incident management activities.
  • Ensure that the Consumer Banking Group's business exposure remains aligned with their risk appetite.
  • Perform risk assessment of new business initiatives, including any new product or process development in a regulatory environment that is constantly changing.
  • Ensure all changes in policies, procedures, projects, and regulations are updated and embedded within the business structure and the required testing done, where appropriate.
  • Support the strategic initiatives to ensure that risk and controls are adequately managed and addressed prior to implementation.
Requirements
  • Expert knowledge of governance, controls, risk practices, and standards across the Consumer Banking Group.
  • Minimum 12 years of relevant experience with exposure in control, compliance, audit/risk management or relevant experience.
  • Strong strategic, analytical, and problem-solving skills with attention to details.
  • Good understanding of operational risk and control processes and procedures.
  • Good understanding of various digital and customer engagement channels.
  • Strong interpersonal and communication skills.
  • Ability to work independently, interface, and execute with a sense of urgency and deliver tasks effectively.
  • Broad and in-depth knowledge in Consumer Banking business-related products, services, and activities.
  • Good knowledge of the related regulations, policies, and standards.
  • Excellent written and verbal communication in English, Cantonese, and Mandarin.
  • University degree or comparable professional education in business, accounting, finance, law, or related disciplines.


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