VP/AVP, Operational Risk Management, IBG Operations, Group COO at DBS Bank

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

01 Sep, 26

Salary

0.0

Posted On

04 Jun, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Operational Risk Management, Governance, RCSA, Generative AI, Incident Management, Root Cause Analysis, Risk Metrics, Stakeholder Management, Advanced Analytics, Regulatory Compliance, Predictive Risk Modeling, Risk Culture, Audit Management, Strategic Planning, Presentation Skills, Problem Solving

Industry

Banking

Description

Business Function Group Operations 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 Operations, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels. About the role This role is for a highly motivated and innovative leader in the regional risk team responsible for the oversight and governance of operational risk management for Group IBGO. The successful candidate will proactively drive risk management best practices, actively foster a strong risk culture, and lead the leveraging of emerging technologies like Agents for enhanced risk management oversight, problem-solving, and operational efficiency. Responsibilities Proactively identify, assess, closely monitor, and actively manage emerging risks for IBGO, focusing on key risk areas that impact IBGO such as Risk Events, Audit & Unit Self-identified issues, Residual Risks, UDMA, MJE reductions, contract renewals, fraud, and GLAO certification in forums. Strong oversight of regional Risk and Control Self-Assessment (RCSA) quality and documentation comprehensiveness, PURE Testing, and lead deep dives on RCSA enhancements. Prompt and active monitoring, assessment and preparation of risk metrics, agenda topics and forum materials for IBGO management. Ensure data accuracy, completeness, and timely addressing of IBGO actions. Actively represent IBGO at risk forums and explain risk initiatives to stakeholders. Champion innovation within operational risk management by proactively identifying opportunities to leverage advanced analytics, Generative AI, and Agents for proactive risk identification, assessment, and mitigation. Lead the exploration and implementation of Gen AI-powered agents to streamline problem-solving processes, enhance root cause analysis, and develop predictive risk models. Lead the review of incident management investigation including control lapses and root cause analysis. Highlight adverse trends for action and standardize best control practices across regional teams and locations. Drive risk agenda in IBGO Risk & Resiliency Forum, effectively communicate key risk initiatives and control topics to all location IBGO heads and risk managers. Promote staff awareness on risk & control, and provide targeted training where required. Lead risk dashboard and Ops Control Tower enhancements where required. Actively contribute to the thematic assessment, storyline, and development of training topics for quarterly IBGO Risk Awareness. Requirements University degree with at least 8 - 10 years of experience working in financial institutions in a risk/control capacity. Strong interpersonal skills to actively collaborate with stakeholders at all levels in the organization. Able to proactively deal with and navigate ambiguous situations. Hands-on experience and a strong appreciation of operational risk management. Adequate understanding of the regulatory environment in banking. Ability to deep dive into details whilst maintaining a strategic big-picture view. Comprehensive knowledge of banking, policies, processes, controls, and systems. Excellent presentation skills, enabling effective communication of complex information. Proactive, self-starter, highly collaborative, with excellent organization and time management skills, and a positive can-do attitude. Apply Now We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements. Location: DBS Asia Central Job: Risk Management Schedule: Regular Employee Status: Full time DBS is more than a bank — we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

Responsibilities

Oversee and govern operational risk management for Group IBGO, focusing on risk identification, assessment, and mitigation. Lead the integration of emerging technologies like Generative AI and Agents to enhance risk oversight and operational efficiency.