348 Financial Controls jobs in Singapore

At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career.

Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.

How will you make an impact in this role?

Overview of The Department

Commercial Rating and Underwriting (CRU) sits within the Credit and Fraud Risk Management (CFR) division and forms the institutional credit risk management function within American Express. The CRU team plays the critical role of assessing and managing the risk of institutional exposures across all business units within American Express, and in all regions globally. Credit exposures are primarily generated through corporate and small business card programs, via merchant service relationships where non-delivery risk exists, and among the securities portfolio held for firm-wide liquidity. CRU is led from Salt Lake City with regional teams in New York, London, Singapore, India and Sydney.

In addition to determining the internal credit rating which drives the probability of default of each exposure, CRU also underwrites Amex’s large commercial card programs. As a bank holding company, American Express must comply with the highest global banking standards set by Basel and implemented by our primary regulator, the Federal Reserve.

Job Responsibilities

Directors in CRU are responsible for overseeing managers who rate and underwriting credit exposures in their assigned region, industry, and business line. Fundamental analysis incorporates a thorough review of business, financial, industry and country risk coupled with support from internal and external rating model outputs. Assessment includes understanding of the need for credit extension, profitability of the relationship and program structures. CRU directors interact with various constituents across the firm including front office sales, business unit risk partners, and credit administration to perform their critical role.

Desired Skills:

• Expertise as a credit and underwriting decision maker dealing with commercial exposures ranging from small business or middle-market to large, multinational institutions
• Thorough understanding of fundamental financial analysis, including the ability to review corporate financial statements to determine the ability of the obligor to honor its credit obligations.
• Lead various projects to meet heightened standards for Category 2 bank, as issued by the Office of the Comptroller of the Currency on regulatory capital rule and liquidity coverage ratio rule
• Proven ability to influence others to achieve complex objectives against tight deadlines
• Comfort with GAAP/IFRS accounting standards, corporate valuation, and forecasting
• Knowledge of how probability of default and loss given default determine economic capital
• Experience in determining appropriate credit capacity, structuring of facilities, and risk mitigation techniques
• Comfort with public agency ratings and supporting analysis
• Understanding of current macroeconomic trends and how to provide recommendations to improve the PD estimation based on the business cycle
• Experience preparing company-specific and industry-wide credit memorandums
• Excellent judgment in making sound rating and underwriting decisions to maximize profitability and mitigate risk
• Review of rating methodology in operating manual in English and Chinese
• Track record of collaborating and building relationships across organization
• Ability to lead large scale, time sensitive, enterprise-wide projects through to successful completion

Qualifications:

• Minimum 10 years’ experience in rating and / or underwriting at a leading financial institution or rating agency
• Experience in managing, training and mentoring direct reports
• Bachelor’s degree from a top tier university in finance, accounting, economics, or statistics
• Proficiency in English and Chinese (Mandarin)
• Good knowledge on the U.S banking regulations, particularly those imposed by Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation.

You lead the development, implementation and evaluation of quality assurance and risk management, covering corporate governance and compliance policies and processes for our organization.

• Establish and maintain a quality and risk management framework that aligns with the organization’s vision, mission and values, goals, and complies with the relevant Acts, laws, regulations and standards

• Communicate and collaborate with internal and external stakeholders to convey quality assurance and risk management information and expectations, build trust and rapport

• Coordinate and conduct activities such as audits, assessments, reviews, investigations; and reporting and monitoring and improving the performance and outcomes of the organization and its services

• Identify, analyze and manage potential and actual risks and issues

• Develop and implement solutions and strategies to prevent, mitigate or resolve them

• Provide guidance, support and training to staff and managers on quality assurance and risk management best practices and processes, and fostering a culture of quality and safety across the organization

• Oversee the protection of data during storage, usage and disposal to manage risk of data loss

• Respond and manage incidences from inception, through solutioning, to completion, with all affected operators and relevant authorities

• Oversee activities to foster personal data protection awareness within the organisation

• Enhance compliance processes based on an evaluation of gaps in business operations and data protection requirements

• Translate user's privacy and personal date protection requirements into data-driven design thinking processes

Requirements:

• A degree holder with certification in risk management, data protection or related credentials from a recognized professional association

• Minimum 5 years of relevant working experience

• Demonstrate knowledge and understanding of the aspects of compliance, governance and risk management

• Knowledge and experience in health care and/or NGO risk management settings will be an advantage

• Proficient technical skills to use various tools and applications to collect, analyze and report management data and information

• Experience in managing risk through data and AI governance

• Good communication and interpersonal skills

• Meticulous and systematic in documentation

• Analytical and strong problem-solving and critical thinking skills

• Integrity to uphold ethical principles and values

• Carry out IT General Control testing in accordance with the Assurance methodology, and evaluate the adequacy and effectiveness of internal controls relating to risks within those functional areas.
• Adopt a range of sources and methods to obtain knowledge and apply judgment based on sound business knowledge of day-to-day assurance review work; this includes identifying and assessing key risks and designing testing to assess the design and operating effectiveness of the key controls in place to mitigate risk.
• Collaborate with subject matter experts (SME) and other teams in integrated assurance reviews and actively contribute to the delivery of team plans in support of the functional and business strategies under limited supervision.
• Proactively develop and maintain professional consultative working relationships with the technology risk team, with internal stakeholders, and use a range of approaches to collect relevant and readily available information to assess risk, resolve issues or carry out tasks.
• Active engagement with team members for knowledge sharing.
• You will assist the team in any adhoc work and projects as assigned
• Job rotation may be required as and when (however, you will be advised accordingly)

• Minimum 3 to 5 years of IT audit experience, preferably from the financial industry or Big 4.
• Experience in application audit.
• Exposure to MAS Technology Risk Management guidelines is preferred.
• Sound knowledge of banking or technology processes, banking products and the overall industry.
• Experience in usage of data analytics for IT audit or assurance work will be a strong plus.
• Excellent communication skills (verbal, written and presentation) to deliver timely technology assurance reports to senior management and stakeholders.
• Strong relationship management, analytical, problem solving, communication, influencing, planning and presentation skills.
• Self-motivated and driven, able to work independently.
• Establish a good understanding of the relevant functional area's developments and is a keen learner to continuously develop relevant technical expertise.
• Able to work in a fast-paced business environment.
• Able to work in virtual, global teams in a matrix organisation, transfer knowledge and is a good team player.

Job Overview:

A Marine Underwriter is required to assess risk quality and provide insurance coverage. The role involves identifying business opportunities, ensuring compliance with industry guidelines, and advising on claims matters.

Key Responsibilities:

• Conduct thorough risk assessments to determine insurance coverage and pricing requirements.
• Identify and develop new sources of business in the marine industry.
• Ensure adherence to industry guidelines and regulations during the underwriting process.
• Participate in portfolio evaluation and optimization to enhance results and align with company objectives.
• Collaborate with other teams to achieve business targets and drive growth.
• Provide expert advice on claims matters related to marine underwriting.

Requirements:

• Minimum 5 years of experience in marine underwriting or a related field.
• Strong knowledge of regional markets and underwriting principles.
• ACII/FCII certification or equivalent is an advantage.
• Excellent communication and negotiation skills.
• Good interpersonal skills and ability to work as part of a team.

What We Offer:

A dynamic and challenging role in a rapidly evolving industry.

The Opportunity:

• You are a seasoned underwriter with a passion for financial lines.
• You are keen to engage with broker and insurer partners to develop innovative solutions for customers.

In this role, you will collaborate with clients and brokers to provide tailored solutions, leveraging your expertise to balance risk management with customer satisfaction. This is your chance to make a significant impact, drive innovation, and integrate your own thoughts and insights to shape a portfolio with a global leader in the insurance industry.

1. Proactively seek renewal and new account opportunities and qualify accounts to align with the organization's appetite and business opportunities.
2. Conduct detailed opportunity assessments with key distributors to identify and capitalize on growth opportunities.
3. Negotiate terms and conditions, close deals, and cross-sell other lines of business to increase product density within accounts.
4. Develop and maintain strong broker and client networks, serving as the key contact for assigned target accounts.
5. Measure exposure, analyze risk, and accurately calculate target prices using appropriate underwriting tools.
6. Lead and participate in marketing presentations, sales team meetings, and the target account process.
7. Provide expertise on coverage issues, contribute to the development of underwriting manuals, and assist in training and developing staff.
8. Monitor and review work undertaken across a number of small to medium scale projects or a large complex project in order to ensure appropriate use of resources and adherence to schedules.

1. Embrace the concept of The Zurich Way of Underwriting and demonstrate the ability to quickly integrate and adapt to different underwriting culture and practices.
2. Bachelor's degree in insurance, finance, law or a related field; advanced degree or professional certification preferred.
3. Minimum of 7 years of underwriting experience in financial lines and cyber, with a proven track record of success and good personal reputation in the market.
4. Strong understanding of underwriting principles, risk assessment, and pricing strategies.
5. Excellent negotiation and communication skills, with the ability to build and maintain strong relationships with clients, brokers, and internal stakeholders.
6. Proficiency in using underwriting tools and software, with strong analytical and problem-solving abilities.
7. Demonstrated ability to work independently and under pressure, enabled to make informed decisions within delegated authority levels.
8. Strong organizational and time management skills, with the ability to manage multiple priorities and meet deadlines.
9. Experience in Singapore and SEA risk.

We are seeking a strategic leader to drive the delivery of Governance, Risk and Compliance (GRC) solutions. The role involves balancing business and technical priorities, documenting requirements, designing solutions and guiding implementation for platforms such as ServiceNow, Archer and MetricStream.

• Translate Business Needs into Technical Solutions
• Lead the team in preparing business requirements, functional and non-functional specifications.
• Create architecture and design documents, process flows, integrations and system usage instructions.
• Analyze market solutions and prepare implementation plans based on requirements.
• Oversee implementation, customization, integration and optimization of GRC platforms.
• Mentor and coach team members, fostering an inclusive and high-performing environment.
• Act as the primary contact for stakeholders to ensure project alignment and satisfaction.
• Ensure compliance with regulatory and security standards throughout project delivery.
• Identify opportunities for process improvement and operational efficiency.

• Bachelor's degree required; advanced degree preferred.
• 7+ years of experience in risk, compliance or GRC technology delivery.
• Strong leadership, communication and stakeholder management skills.
• Hands-on experience implementing ServiceNow, Archer, MetricStream or similar platforms.
• Proven track record delivering GRC solutions, preferably in financial services.
• Deep knowledge of GRC frameworks, security practices and regulatory requirements.

A strategic leader capable of guiding high-performing teams to deliver complex risk and compliance technology solutions.

• Assist in developing and implementing risk management frameworks, policies, and procedures
• Conduct risk assessments and audits to identify potential risks and propose mitigation strategies
• Perform internal control reviews and ensure adherence to company policies and regulatory requirements
• Collaborate with different departments to assess project risks and ensure appropriate controls are in place
• Participate in audits, reporting findings, and prepare required reports
• Any other duties to be assigned from time to time

• Diploma or Bachelor's degree in Finance, Accounting, Business, Engineering, or a related field.
• Minimum 3 years of experience in risk management and/or internal audit, preferably in construction industry
• Knowledge of risk management frameworks and internal auditing standards
• Detail-oriented with strong problem-solving skills
• Ability to work independently and collaboratively with cross-functional teams

We are seeking a highly skilled Risk Management Coordinator to join our team. The successful candidate will be responsible for coordinating risk management initiatives, maintaining records, and providing support to the safety manager team.

• Coordinate risk management initiatives, including process workmen compensation insurance and claims.
• Assist in the implementation of the organization's safety and health management system (SHMS).
• Participate as a risk management team member in the corporate risk management organization.

• Maintain accurate and up-to-date records of all safety-related documentation, including EHS documents and RHS records.
• Support the safety manager team in their periodic briefings on the execution status of the overall safety program.
• Take minutes of all meetings and maintain proper records.

• A challenging and rewarding role in a dynamic organization.
• The opportunity to work with a dedicated team of professionals.

• Bachelor's degree in a relevant field such as safety, risk management, or business administration.
• At least 2 years of experience in risk management or a related field.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.

• Performing regular safety checks to identify potential hazards and implementing measures to mitigate risks
• Conducting thorough investigations into site incidents to determine root causes and implement corrective actions
• Monitoring and enforcing adherence to safety protocols and guidelines on site
• Preparing and submitting detailed monthly safety reports to management

• Advanced WSH certification
• Excellent communication and interpersonal skills
• Able to work independently with minimal supervision