AVP/VP Specialist, Operational Risk Management, Global Financial Markets
- Hong Kong
- Permanent
- Full-time
- To assist Head of Global Financial Market (“GFM”) HK in implementing the DBS’ Operational Risk Management Framework and processes within the unit of the position incumbent with the aim of ensuring a safe and sound operating environment
- To ensure efficient conduct of activities in GFM by providing trader, sales & product support, review & streamline workflow procedures, coordinate various functions to support new business/ product/systems initiatives
- Promote risk & control awareness within GFM, including conducting operational risk training within the unit
- Ensure implementation of corporate operational risk policies / standards within GFM
- Develop and ensure implementation of unit-specific operational risk policies / standards
- Timely reporting / escalating of risk events / significant incidents
- Facilitate timely completion of quality RCSA, ensuring that proper action plans are established to address any control gaps identified
- Review and validate risk events reported for factual accuracy, proper categorization of event, cause, effect, and ensure that proper action plans are established to correct and prevent event from recurring
- Collate, analyze, monitor and report KRI for GFM, ensuring that proper action plans are established to address issues.
- Track and monitor issue /action plan arising from RCSA, risk events, KRI regulatory inspections, audits or other risk issues, and alert Head of GFM HK of potential and / or actual past due issues
- Analyze and report GFM operational risk profile (including losses, RCSA issues, KRI trends, compliance breaches or other significant issues) to Head of GFM HK, with proposed action plans to address the issues
- Escalate significant issues to Head of GFM HK and RMG-OR
- Conducting Quarterly GFM HK Business Control Committee (BCC) engaging business and support units
- Act as the Complaint Handling Officer (CHO) of GFM, handle and investigate the compliant / litigation with the necessary involvement of Legal and Compliance, IBG COO office, HR or other support units where necessary
- Support audit review and regulatory examination with GFM COO Office and Compliance
- Conduct quarterly controls testing for rogue / unauthorized trading activities
- ConductiCAAP assessment Disseminate personal data protection, AML and Fraud related information to relevant and appropriate persons within GFM and handle personal data, AML and Fraud related enquiries and issues
- Drive digitization and data analytic initiatives as related to Ops Risk management
- University graduate in Finance, Economic or related business disciplines
- Minimum 5 years experience in Global Financial Markets’ business and control processes
- Good understanding of Global Markets products and operational risks in the Global Markets’ environment
- Relevant experience and knowledge of Global Markets businesses in Product Control, Middle Office Operations or Risk is desirable
- Attentive to details and compliance and control oriented
- Ability to provide balanced perspective between business expediency and risk & control
- Strong sense of ownership with ability to work in a team environment
- Fulfillment of requirements under the Enhanced Competency Framework on Treasury Management is preferred