618 Risk Manager jobs in Singapore

About the Role:

We are hiring on behalf of a leading bank for an experienced Operational Risk and Compliance Manager. If you have a solid background in managing risk frameworks, ensuring compliance, and collaborating across functions, this role offers the perfect platform to apply your expertise in a dynamic banking environment.

Roles and Responsibilities

• Advise departments on operational risk identification, assessment, and control implementation for business processes.
• Review, update, and maintain policies/procedures for Operational Risk, Fraud Management, and New Product Approval.
• Lead root cause analysis of operational risk events and develop mitigation action plans.
• Support Head Office initiatives: Incident Reporting, Key Risk Indicators (KRI), and fraud risk reviews.
• Manage outsourcing risks per MAS regulations :
  Conduct due diligence on third-party providers.
  Ensure compliance with Bank’s Outsourcing Risk Policy.
• Mitigate operational risks in new products; facilitate New Product Committee processes.
• Drive Business Continuity Planning (BCP):
  Update Business Impact Analyses (BIA) and BCP documentation.
  Coordinate testing and recovery strategy development.
• Conduct independent monitoring of bank-wide transactions and private banking trade calls.
• Oversee bank-wide Policy & Procedure (P&P) lifecycle:
  Initiate reviews and manage P&P system updates.
• Administer Business User Access Reviews and maintain Business System Listing.
• Prepare operational risk reports/presentations for RMC, Senior Management, Head Office, and regulators.

Requirements

• Bachelor’s degree in Finance, Risk Management, Business Administration, Law, or a related field.
• At least 3 years of experience in Operational Risk Management and Compliance roles, preferably in the banking industry.
• Good understanding MAS Guidelines on Risk Management practices, BCM guidelines and Outsourcing Notices.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently with minimum supervision and able to adapt to a dynamic environment.

About Us:

GreenLane is a Singapore-based recruiting firm specializing in banking, trading, tech, and other industries. We pride ourselves on connecting exceptional talent with leading organizations.

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We are seeking a highly skilled Financial Risk Specialist to join our team. As a key member of our banking operations, you will be responsible for identifying and mitigating financial risks associated with investments and market activities.

• Collaborate closely with front-office and back-office teams to ensure seamless investment transaction processing.
• Develop and adjust investment/market risk limits within the banking system to maintain optimal portfolio performance.
• Monitor investment portfolios' related risks and provide expert recommendations on risk management strategies in line with market/liquidity/credit risk requirements.
• Compile detailed risk management reports on market risk, liquidity risk, and other critical reporting duties such as MAS CRAFT and MAS 610.
• Implement designated risk-related policies and instructions from senior management.
• Conduct thorough User Acceptance Testing (UAT) of systems to guarantee efficient operations.

• Proven Due Diligence expertise.
• Advanced Risk Assessment skills.
• Experience in Outsourcing and Approval Process.
• Knowledge of Enforcement and Fraud prevention.
• Operational Risk Management and Product Management skills.
• Excellent communication and publishing skills.

Job Description & Requirements

Job Duties:

• Consolidate the bi-monthly Enterprise Risk Management (ERM) dashboard including, but not limited to, operational risks, technology risk, compliance risks etc.
• Support the preparation of group wide reports submission to internal/external stakeholders.
• Assist in the ongoing annual Business Continuity Management review.
• Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
• Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
• Highlights any potential concerns /risks and proactively shares best risk management practices.

• Bachelor's degree with at least 5 years of working experience preferably in Financial industry, Operational Risk Management or Audit.
• Strong communication and interpersonal skills.
• Able to work independently and collaboratively.
• Able to multitask and work under pressure.

• Assist with distressed lessee workouts: monitor customer base to identify problem accounts, deal with relief requests and advise / report on Credit Watch status and general risk exposures.
• Understand customer's issues by proposing solutions, driving results with the deal team, leading the approval process for agreed workouts and thus ensuring maximum possible recovery.
• Debtor management and Watch List updates of assigned accounts and work pro-actively with other deal team members to limit delinquency as much as possible.
• Build relationships with key contacts at airlines to enable quick reaction to arising issues where possible, regular customer visits are seen as a key enabler.
• Preparation of credit reviews of customers detailing creditworthiness as well as their operational and financial performance.
• Analyse potential lessees, understand their financial strengths and challenges, evaluate their operational performance and arise at a lessee credit score that accurately reflects their probability of default.
• Draft and present credit / transaction approval papers for new deals and amendments to existing deals.
• Other recurring tasks include:

1. Score / Rank counterparty risk in-line with DAE's corporate rating system
2. General research on market risks and portfolio risks
3. Maintain the Company's files of customer financial reports and monitor timely receipt of such information.
4. Monitor country specific risks on a regular basis via various resources available to the Department.
5. Measure and report portfolio concentrations.
6. General macro-economic research together with analysis of industry specific developments in the context of implications to the Company's overall business risks.
7. Ad-hoc projects from time to time, including responding to credit

• 5+ years' experience
• Interest in or knowledge of aircraft leasing (aviation) industry is a pre-requisite
• Degree Qualified - Economics or Accountancy. Aviation related qualifications (Air Transport Management) considered favourably.
• Leasing or Financial Services background
• Regional skills (language, culture, knowledge, etc.) and preferably a fluent Mandarin speaker
• Advanced Excel and Word
• Ability to communicate at the highest levels of management internally and with customers.
• Deep understanding of the customer including airline ownership, financial performance, operation, fleet, market and macro-economic environment.
• Highly motivated, flexible and driven.

We are seeking highly-motivated individuals with professional experience to join our team as Risk Manager / Information Security Risk Manager, Risk Management.

ERGO Insurance Pte. Ltd. is a registered general insurer regulated by the Monetary Authority of Singapore. We are a wholly owned Singapore subsidiary of ERGO Group AG, one of the major insurance groups in Germany and Europe, and we are the primary insurance arm of Munich Re, one of the leading reinsurers and risk carriers worldwide.

There are countless good reasons to pick ERGO as an Employer.

No matter where you are in your career, we offer various development opportunities in all departments at all levels.

You'll experience a fair and open-minded culture where every employee is trusted and valued.

We support you on your career path. Professional development is a central part of our philosophy: we give all our staff the opportunity to develop, both personally and professionally.

If you have a strong passion to succeed and aspire to join a company that can offer you an interesting and diverse career, we look forward to meeting you

Requirements:

To be successful in this role, you will possess the following experience, knowledge and skills:

• Degree in Information Security, Computer Science or IT preferred

• 5+ years of relevant work experience (Information Security Officer, IT Auditor etc.)

• Industry qualifications such as CRISC, CISSP, CISA, COBIT, ITIL would be an advantage

• Familiarity with the applicable information security regulations in Singapore, e.g., MAS TRM Guidelines, would be an advantage

• Experience in working with multitude of stakeholders and teams

Job description

Information Security Risk Management (50%)

• Work with stakeholders to implement the ERGO Group Information Security frameworks for the Company, including all related policies and guidelines. There will be guidance from ERGO Group's Information Security team.

• Conduct gap analysis with Group framework or Singapore regulatory requirements and work with the first line to close the gaps.

• Support the identification, assessment, and prioritization of information security threats and work with relevant stakeholders to improve controls.

• Conduct/review security risk assessments and provide guidance to asset owners in terms of protection needs analysis and liaison with IT to ensure that these protections are implemented.

• Prepare regular updates to management and the Segment / Group's CISO on information security risks, mitigation actions, progress of security measures implementation, key information security incidents, and risk assessments.

• Assess and challenge the first line-of-defense's measures and activities and participate in first-line projects as necessary to provide second-line-of-defence oversight.

• Work with the first line of defence to co-ordinate and support internal and external information security-related audits.

• Be the designated Information Security Risk Manager of the company.

Management of Other Risks (50%)

Assist Chief Risk Officer (CRO) to implement an effective Business Continuity Management (BCM) framework for the Company, including (but not limited to) the following:

• BCM – Establish and co-ordinate with stakeholders to update the Company's key BCM documents, e.g. the Business Impact Analysis, Business Continuity Plan (BCP) and Emergency Management Plan

• BCM - Assist in the development and execution of BCP tests, exercises, remediation of gaps, and attestations

• BCM - Carry out / organize BCM training for relevant stakeholders

• Be part of the Risk Management function and work with the Chief Risk Officer on other risk topics as required such as Third Party Risk Management and Operational Risk Control System.

Contact : career at ergo.com.sg

• Degree in Information Security, Computer Science or IT preferred
• 5+ years of relevant work experience (Information Security Officer, IT Auditor etc.)
• Industry qualifications such as CRISC, CISSP, CISA, COBIT, ITIL would be an advantage
• Familiarity with the applicable information security regulations in Singapore, e.g., MAS TRM Guidelines, would be an advantage
• Experience in working with multitude of stakeholders and teams

• Work with stakeholders to implement the ERGO Group Information Security frameworks for the Company, including all related policies and guidelines. There will be guidance from ERGO Group's Information Security team.
• Conduct gap analysis with Group framework or Singapore regulatory requirements and work with the first line to close the gaps.
• Support the identification, assessment, and prioritization of information security threats and work with relevant stakeholders to improve controls.
• Conduct/review security risk assessments and provide guidance to asset owners in terms of protection needs analysis and liaison with IT to ensure that these protections are implemented.
• Prepare regular updates to management and the Segment / Group's CISO on information security risks, mitigation actions, progress of security measures implementation, key information security incidents, and risk assessments.
• Assess and challenge the first line-of-defense's measures and activities and participate in first-line projects as necessary to provide second-line-of-defence oversight.
• Work with the first line of defence to co-ordinate and support internal and external information security-related audits.
• Be the designated Information Security Risk Manager of the company.

• BCM - Establish and co-ordinate with stakeholders to update the Company's key BCM documents, e.g. the Business Impact Analysis, Business Continuity Plan (BCP) and Emergency Management Plan
• BCM - Assist in the development and execution of BCP tests, exercises, remediation of gaps, and attestations
• BCM - Carry out / organize BCM training for relevant stakeholders
• Be part of the Risk Management function and work with the Chief Risk Officer on other risk topics as required such as Third Party Risk Management and Operational Risk Control System.