Identify, report, and escalate operational risks; manage issues through root-cause analysis and corrective actions; conduct control validations, risk assessments, and quality assurance testing; review operational processes and new initiatives; support requirements gathering, UAT, and implementation; deliver risk training; and coordinate with Risk, Compliance, and Finance functions.
Business Function
Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Responsibilities
- Responsible for the identification, reporting and escalation of emerging operational risk through the execution of Group’s operational risk management framework tools.
- Effective management of operational risk issues, including timely reporting, root cause analysis, recommendation of corrective and preventive actions and tracking them to closure
- Perform periodic control validation, risk assessments on Ops processes, and Control Quality Assurance (CQA) testing for Ops Risk Metrics/KRI/GLAO to ensure compliance with the Group’s policies, standards/guidelines and risk exposure are within risk appetite.
- Perform deep dives of operational processes and landscape reviews, including Turn-around time (TAT) and General Ledger Account Ownership processes (GLAO).
- Perform risk reviews for new processes arising from new product launches, transfer of activities or process automation.
- Support the execution of business initiatives under the Ops Risk Metrics/GLAO & MJE remit, from requirements gathering, UAT till implementation.
- Promote risk awareness and compliance with Group’s policies, standards and guidelines by conducting periodic operational risk trainings and workshops.
- Liaison party with other control functions such as Group Risk/Compliance/Finance for advisory matters.
Requirements
- Degree in Accountancy, Business or Banking and Finance will be preferred
- At least 7 years of experience in Banking Operations, with knowledge of Reconciliation, Projects Management and Operational Risk/Controls within Financial Services
- Familiarity with Consumer Banking Operations and/or Wealth Operations will be an added advantage
- Meticulous and analytical
Location:
DBS Asia HubJob:
Risk ManagementSchedule:
RegularEmployee Status:
Full timeDBS Bank Ltd Singapore Office
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The digital revolution has driven a constant demand for tech professionals across industries like software development, data analytics and cybersecurity. In Singapore, one of the largest cities in Southeast Asia, the demand for tech talent is so high that the government continues to invest millions into programs designed to develop a talent pipeline directly from universities while also scaling efforts in pre-employment training and mid-career upskilling to expand and elevate its workforce.
