224 Policy Review 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

The role of Operations Analyst involves ensuring that margin call processes are aligned with CSA/GMRA/GMSLA/PAD agreements. This includes managing bilateral margin calls, calculating, issuing and receiving margin calls, and settling them in a timely and accurate manner.

• Ensure margin call processes comply with relevant agreements
• Manage bilateral margin calls, including calculations, issuance and receipt
• Manage Regulatory Initial Margin calls via triparty custodian
• Manage OTC cleared margin calls with clearing brokers and houses
• Resolve disputes according to established protocol and procedures
• Support overseas entities in collateral management
• Handle process exceptions such as non-payment and no response to margin calls

• Bachelor's degree in Finance, Banking or Business
• Minimum 1-3 years operations experience, especially in collateral management
• Familiarity with OTC derivative products and valuation
• Excellent communication and teamwork skills
• Ability to work in a fast-paced environment and drive results
• Curious mindset to identify improvements
• Proficiency in MS Office Applications

This is an exciting opportunity for a detail-oriented individual who can drive process improvements and ensure compliance with regulatory requirements.

We have partnered with one of the leading retail groups in Singapore.

We are seeking a highly skilled candidate with a strong interest in risk management to support our department's operations and contribute to the development of strategic initiatives.

• Legal Support and Review : Provide expert legal support for various documents, including articles, briefings, presentations, guidance notes, policies, and procedures related to risk management within the legal profession.
• Administration Assistance : Assist in the administration of the Unclaimed Money Fund, collaborating closely with other departments as required.

Key Qualifications:

• Bachelor's degree in law or a related field
• Demonstrated expertise in risk management principles and practices

What We Offer:

• A dynamic work environment with opportunities for professional growth and development

How to Apply:

Please submit your application, including your resume and a cover letter outlining your relevant experience and qualifications.

We believe that collaborative problem-solving is key to achieving success.

Our diverse global community of professionals comes together to build trust in society and solve complex issues.

As a valued member of our team, you will have the opportunity to develop your skills and work on exciting projects, empowered by technology.

• Key Skills:
• Effective risk management strategies
• Collaborative teamwork
• Problem-solving and analytical skills
• Adaptability and flexibility

Benefits:

• A supportive and inclusive work environment
• Ongoing training and development opportunities
• A competitive salary and benefits package
• The chance to make a meaningful impact in society

About Our Team:

Our team is passionate about making a difference in the world. We are dedicated to creating a positive and productive work environment that fosters growth and collaboration.

We are seeking qualified and motivated professionals to join our assurance practice, serving clients internationally across various industries.

Our team is comprised of friendly and caring colleagues and managers who prioritize work-life balance. We offer a good starting salary with annual increments and bonuses, as well as excellent benefits and a supportive working environment.

• Collaborative team dynamic
• Opportunities for quality learning and experience
• Challenging career opportunities ahead
• Flexible work arrangements

• Lead and manage on-site fieldwork to ensure a smooth audit process.
• Review and assess risks, document and evaluate key controls, map out process flows, and identify significant issues.
• Demonstrate expertise in relevant reporting frameworks and related financial reporting matters.
• Participate in providing on-the-job training by sharing experience and knowledge.
• Maintain the highest professional and service standards.

• A degree in Accountancy or equivalent professional qualification in Accountancy.
• Minimum 6 years of external audit experience.
• Good command of the English language.
• Team leader and people developer.
• Professionalism, dependability, integrity, and trustworthiness combined with a cooperative attitude.
• Proactive in problem-solving and client management.

Job Title: Risk Management Expert

The successful candidate will be responsible for supporting the implementation and operation of our 2nd line of defense for Counterparty Credit Risk (CCR) control frameworks in partnership with the Credit Department.

• Assess CCR-related risks and monitor the CCR portfolio to ensure CCR risks remain within risk appetite.
• Oversee tracking and timely actions relating to the CCR portfolio and support regulatory aspects of the CCR portfolio.
• Support new risk initiatives and organize discussions with various stakeholders in the bank.
• Prepare and present communication to senior management and collaborate closely with various stakeholders.

To be successful in this role, you will require:

• A degree or equivalent experience in Financial Institution credit risk.
• Minimum 5+ years of experience in Counterparty Credit Risk for a Financial Institution.
• Understanding of CCR-related business including products, risks, and documentation.
• Good communication and interpersonal skills, with fluent written and spoken English.
• Team player with a strong sense of ownership of outcomes.
• Meticulous attention to detail and ability to work under tight timelines.

• 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.