320 Senior Verification Analyst jobs in Singapore

Overview

About The Company
We are a leading engineering and construction company based in Singapore. With multifaceted project management capabilities and a strong diverse workforce, we provide a full range of services in engineering, procurement, construction and maintenance of power and industrial plants across the world.

• 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

• Mid-Senior level

• Full-time

• Business Development and Sales
• Industries: Construction

iFAST Corporation Ltd is a global digital banking and wealth management fintech platform headquartered in Singapore and listed on the SGX-ST Mainboard. The Risk Management department is seeking an inquisitive Risk Management Executive to join our team to collaborate with departments to champion risk management initiatives and continue to build on our risk-aware culture.

Responsibilities

• Support the development of risk management plans through the establishment of robust enterprise-wide risk management policies and processes, and sets risk limits to guide risk-taking within the Group
• Contribute to the overall success of the Risk Management function through delivery of specific goals, plans in support of business strategies and objectives
• Lead risk control self-assessment program through implementation of the scope review of the significant business units & processes, identify and assess risk areas, advise on the design of risk controls, monitor and coordinate updates of remediation action plans to mitigate the risks areas identified
• Lead and partner the business lines and support functions to ensure risk metrics and risk appetites are defined, documented and applicable thresholds justified through rationales for principal risks
• Participate, partner with and provide ‘sounding board’ guidance to the business lines and control and support units to ensure new initiative sponsors assess risks appropriately
• Produce regular reports highlighting key risk areas, including market, credit and liquidity risk measures, and key performance trend, contribution and attribution analytics to portfolio managers, senior management, Investment Committee and Board
• Perform stress test or scenario analysis on portfolio or company-wide level.
• Participate in Scenario Analysis through documentation and research of relevant internal and external operational loss events
• Provide input/support in the development and communication of processes to support policy implementation
• Identify and address opportunities for improving controls and efficiencies of processes
• Be involved in the user requirement studies and user acceptance test for risk and performance systems
• Assist Team Leads and Management with ad-hoc requests

Requirements

• Good degree in any discipline
• Candidates without working experience are encouraged to apply
• Possess a high level of drive and initiative, strong communication, analytical, quantitative and interpersonal skills
• Independent, driven, resourceful and meticulous
• Enjoys multi-tasking in a fast-paced environment

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

• 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.

Position Overview

• About Us:
• We are seeking a seasoned Risk & Compliance professional to lead projects and client engagements.

Key Responsibilities:

• Project Leadership: Strategic Project Direction
• Networking and Business Development: Foster relationships with key stakeholders.
• Industry Trends and Solutions: Identify and develop related solutions to address client needs.
• Policy and Procedure Review: Validate, develop or refine compliance policies and procedures.
• Regulatory Applications: Support clients in applying for necessary licenses.
• Technology Recommendations: Evaluate and suggest technology-driven solutions for risk management.

Required Skills and Qualifications:

• Up to 10 years of experience in Consulting or the Financial Services Industry.
• Strong analytical skills with a creative problem-solving mindset.
• Excellent interpersonal skills to interact with and lead teams.
• High degree of business ethics and understanding of confidentiality.
• Exceptional written communication skills.
• Ability to maintain a professional demeanor under high stress.

Educational and Professional Credentials:

• Graduate degree in Finance, Accounting, Economics, or equivalent.
• Advanced knowledge in one or more areas: Regulatory Compliance, Financial Crime Compliance, Enterprise Risk Management, Operational Risk Management.
• Good working knowledge of banking, payments, insurance, and/or asset management operations and products, and the regulations affecting them.
• Familiarity with Next Generation Regulatory Technology used in the Financial Services sector.

The Internal Audit Manager will oversee the audit team, leading and supervising them to conduct audits in assigned areas. They will also train team members in internal audit methodology and tools.

• Lead and supervise the audit team, conducting audits in assigned areas of responsibility.
• Train team members in internal audit methodology and tools, providing coaching for audit work.

The Internal Audit Manager will be responsible for planning and organizing the activities of the Internal Audit Department, including preparing the annual audit plan, scheduling and assigning work, and estimating resource needs and budget allocations.

• Plan and organize the activities of the Internal Audit Department, including preparing the annual audit plan.
• Schedule and assign work to meet completion dates, and estimate resource needs and budget allocations.
• Demonstrate leadership by carrying out risk-based audit engagements to evaluate the adequacy and effectiveness of internal controls.
• Prepare and review draft audit reports in connection with work papers to ensure complete reporting professionally.
• Perform process risk analysis, walkthroughs, and mapping/ flowcharting of key processes.
• Design and execute test procedures, ensuring proper documentation and communication of audit observations and work performed.
• Assist in coordinating and executing approved risk-based audit plans.
• Draft management letters and audit reports.

The Internal Audit Manager will coordinate audit activities with other departments to secure resources needed to evaluate programs and conduct audits, present findings and recommendations concerning activities audited, and participate in the development of Internal Audit's annual budget and monitor subsequent expenditures.

• Coordinate audit activities with other departments to secure resources needed to evaluate programs and conduct audits.
• Present findings and recommendations concerning activities audited to the auditee and Regional Head of Internal Audit.
• Participate in the development of Internal Audit's annual budget and monitor subsequent expenditures.

The Internal Audit Manager will identify areas of weaknesses or improvement opportunities, relevant risks and implications, and propose recommendations to improve controls, and perform follow-up audits to assess the adequacy of the implementation of audit recommendations.

• Identify areas of weaknesses or improvement opportunities, relevant risks and implications, and propose recommendations to improve controls.
• Perform follow-up audits to assess the adequacy of the implementation of audit recommendations.

The ideal candidate should possess a Diploma, Advanced/Higher/Graduate Diploma, Bachelor's Degree, Post Graduate Diploma, Professional Degree, or any field, and have at least 8 years and above of working experience in internal/ external audit, risk management and fraud investigation, and at least 2 years at managerial level.

• Have at least 8 years and above of working experience in internal/ external audit, risk management and fraud investigation, and at least 2 years at managerial level.
• Skilled at organizing information clearly and concisely for reports and presentations, such as PowerPoint, to communicate findings, outcomes, and recommendations effectively.

Skills and qualifications include retail companies experience, J-SOX evaluation for retail environments, and auditing for Support Center functions in a retail environment.

• Have a wealth of experience in Internal Auditing for retail companies, J-SOX evaluation for retail environments, and auditing for Support Center functions in a retail environment.

• 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