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DBS Bank Ltd

Senior Assoc/ AVP, Operational Risk Specialist, Group Operations COO

Posted Yesterday
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In-Office
Central Singapore, SGP
Senior level
In-Office
Central Singapore, SGP
Senior level
Manage New Product Approval (NPA) and Third-Party Risk Review (TPRR) processes for Group Operations. Coordinate stakeholders, complete risk assessments for sign-off, design post-launch monitoring flows, advise on TPRR best practices, and ensure timely approvals and escalation of blockers.
The summary above was generated by AI
Job Purpose:We are looking for a highly motivated Operational Risk Specialist to join our Ops COO - Operational Risk Management team. This key role will focus on New Product Approval and Third-Party Risk Review, supporting the appointed Group Operations Sign-off Party Champion to facilitate Group Ops sign-off party in reviewing and signing off initiatives timely.
  • Ensure all relevant teams within Group Ops units are engaged and represented in NPA and External Outsourcing Risk Review meetings with proposing unit to timely address questions/clarifications
  • Be able to represent Group Operations to negotiate and agree with proposing unit on the turn-around time (TAT) to complete the review and signoff of the initiatives.
  • Ensure that internal sign-offs Group Operations Units are provided within the agreed TAT and providing support to manage the proposing unit for matters relating to initiative signoffs.
  • Escalate issues and blockers encountered to sign-off party NPA Champion.
Key Accountabilities:1) Support NPA and TPRR review and sign-off.
2) Design a monitoring flow to track NPA post-launch issues.
3) Advising Operations on TPRR process best practice and implementation
Job Responsibilities:1. Support Sign-off Group on NPA and TPRR initiatives sign-off
  • Able to complete and formulate the final risk assessment to recommend for SOG approval.
2. Guide Third-Party Risk Reviews and Facilitate Approvals
  • Assist operations teams with Third-Party Risk Assessments and facilitate final approvals from the designated Group Ops authority.
3. Active participation in NPA kick-off meeting
  • Contribute to initiatives discussion and be able to represent Group Ops stakeholders and follow through actions.
Requirements:
  • Minimum 6 years of experience in an Operations or Operational risk management role, preferably in a banking or financial institution.
  • Ability to manage, influence and communicate effectively with different stakeholders
  • Ability to adapt quickly in a dynamic and fast changing environment and keep pace with rapid changes in business
  • Strong analytical skills to review and analyse data, savvy with usage of data visualisation tools eg Qlikview or Tableau
  • Highly proficient in Microsoft Office tools in Word, Excel and Powerpoint

Location:

DBS Asia Hub

Job:

Risk Management

Schedule:

Regular

Employee Status:

Full time

DBS Bank Ltd Singapore Office

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