Responsibilities
To support the bank’s operational risk management framework with a focus on third-party and outsourcing risk and business continuity management (BCM). This role ensurespliance with the MAS Notices and Guidelines, and internal policies.
Third Party and Outsourcing Risk Management
- Enhance and maintain the bank’s framework and policies for third-party and outsourcing risk, inpliance with MAS Notice 658 and Outsourcing Guidelines.
- Review and challenge Line 1’s due diligence, risk assessments, and controls for onboarding and managing third-party service providers.
- Monitorpliance with outsourcing register requirements and ensure accurate and timely reporting.
- Support internal and external audits, and regulatory reviews relating to outsourcing.
Business Continuity Management (BCM)
Enhance and maintain the enterprise-wide BCM framework in line with MAS Guidelines on BCM.Review Bank’s BCPs, crisis management plans, and recovery strategies across business units and functions.Review Bank’s BIA and ensure scenarios areprehensive and realistic.Coordinate Line 2 oversight of BCM testing and review post-test results and lessons learned.Operational Riskernance
Support the enhancement and execution of the bank’s operational risk management framework under the guidance of senior operational risk manager.Support the Operational Risk Managementmittee through insightful reporting and escalation of material issues.Requirements
Minimum Bachelor's degree or equivalent.At least 3 years of relevant operational risk management experience.Familiar with BCM and Outsourcing Guidelines.Excellentmunicationsskills with the ability to operate independently.Strong prioritisation and execution skills.Experience andfortable in establishing relationships with different departments.Self-motivated and a good team player.