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Banking Operational Risk & Compliance Manager - Islandwide, SG

Banking Operational Risk & Compliance Manager - Islandwide, SG

GREENLANE PRIVATE LTD.Islandwide, SG
11 hours ago
Job description

Roles & Responsibilities

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.

    EA Licence No. : 20C0261 | Registration No. : R23118854

    By submitting your application, you consent to GreenLane collecting, using, and disclosing your personal data for recruitment purposes in line with our Privacy Policy.

    Tell employers what skills you have

    Microsoft Excel

    Due Diligence

    Regulatory Compliance

    Ability To Work Independently

    Anti Money Laundering

    Asian Markets

    Risk Management

    Administration

    Operational Risk Management

    Operational risk control

    Adaptability

    Compliance

    Audits

    Business Continuity Management

    Communication Skills

    Banking

    AML

    Operational Risk

    Business Continuity Planning

    Regulatory Requirements

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    Risk Risk Manager • Islandwide, SG

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