Risk Governance & Conduct - AVP at Oversea Chinese Banking Corp

Singapore, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

03 Mar, 26

Salary

0.0

Posted On

03 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Compliance, Analytical Skills, Communication Skills, Interpersonal Skills, Problem Solving, Planning, Retail Banking Knowledge, Regulatory Knowledge, Training, Stakeholder Engagement, Microsoft Office, Conduct Risk, Market Conduct, Audit Experience, Financial Advisory Regulations

Industry

Banking

Description

WHO WE ARE: As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here. This is the broad job description of the job profile. Definitive job description should be reviewed and discussed between you and your manager. Risk Governance & Conduct Management Why Join As a Risk Governance & Conduct Management professional at OCBC, you will play a critical role in ensuring that the bank's risk management practices are aligned with regulatory requirements and industry best practices. You will work closely with various stakeholders to identify, assess, and mitigate risks, and develop and implement effective risk governance and conduct management frameworks. If you are a detail-oriented and analytical individual with a passion for risk management and compliance, this role is for you. How you succeed To succeed in this role, you will need to have a deep understanding of risk management principles, regulatory requirements, and industry best practices. You will be responsible for developing and implementing effective risk governance and conduct management frameworks, identifying and assessing risks, and collaborating with various stakeholders to mitigate risks. You will also need to stay up-to-date with regulatory requirements, industry trends, and emerging risks to ensure that the bank's risk management practices are always current. What you do Reporting to the Head of Risk Governance and Conduct, you will be part of the team that is responsible for ensuring regulatory compliance of the consumer banking business, covering key areas such as risk governance, market conduct requirements and/or cross-border compliance matters. Roles & Responsibilities Actively engage the business to pre-empt potential market conduct risk, establish compliance policies and assist in identifying and implementing measures to mitigate gaps. Advise business partners on compliance matters, participate in projects so that internal processes and controls are robust. Collaborate with business partners to operationalize regulatory requirements in the most effective and efficient manner. Conduct training to new and existing staff on regulatory and operational requirements relating to the sale of investment products. Maintain effective relationships with stakeholders in all lines of defence and deliver training on conduct risk topics to uplift conduct and culture standards. Prepare management reports to update senior management. Who you are Educational and Work Experiences: Degree holders aspiring to develop a career in risk management. Audit, compliance or risk management experience is an added advantage. Technical skills: At least 5 years of experience in risk management, compliance, or a related field, preferably in the banking or finance industry (retail bank sector) Good understanding of retail banking products and services. Good knowledge of regulations governing the sale of investment products to customers (e.g. Financial Advisers Act, Securities and Futures Act, MAS Fair Dealing Guidelines and the regulatory changes arising from the Financial Advisory Industry Review). Strong knowledge in using Microsoft Office - e.g., PowerPoint, Excel and Power BI. Personal Traits: Good communication and inter-personal skills, with experience of dealing with stakeholders across levels Good problem solving and analytical skills, with the ability to make good decisions. Effective planning and ability to prioritised work to achieve objectives within the required timelines Able to work independently as well as a team player Strong analytical and problem-solving skills, with the ability to identify and assess risks Excellent communication and interpersonal skills, with the ability to collaborate with various stakeholders Strong knowledge of risk management principles, regulatory requirements, and industry best practices Bachelor's degree in Business, Finance, or a related field Who we are As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here. What we offer Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers." What we offer: Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers. Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.

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Responsibilities

You will ensure that the bank's risk management practices align with regulatory requirements and industry best practices. This includes developing and implementing risk governance frameworks and collaborating with stakeholders to mitigate risks.