Roles & Responsibilities
About the Role
The Head of Risk Management is responsible for overseeing the overall risk management framework of the Singapore Branch, ensuring that all business activities comply with regulatory requirements and internal policies. This role excludes credit application approvals but covers credit portfolio management, operational risk, climate risk reporting, regulatory compliance, and risk governance. The individual acts as the primary advisor on risk matters to the branch, liaising closely with the Compliance team, Head Office in Taiwan, and external / internal auditors.
Key Responsibilities
1. Credit Portfolio Management & Reporting
- Monitor and manage the branch’s overall credit portfolio risk.
- Prepare and submit internal reports to Head Office and external reports to regulators.
- Identify credit concentration risks, portfolio trends, and potential vulnerabilities.
2. Climate Risk Management
Lead the branch’s climate-related risk reporting in line with MAS guidelines and Head Office requirements.Develop frameworks for assessing environmental and sustainability risks in lending and portfolio exposure.3. Regulatory Reporting
Oversee and review MAS reporting requirements, including half-yearly submissions.Ensure accuracy, timeliness, and compliance with Singapore’s banking regulations.4. Policy & Risk Framework Governance
Conduct periodic reviews of internal risk management guidelines.Update policies and procedures to reflect regulatory changes, industry best practices, and Head Office instructions.5. Operational Risk Oversight
Supervise the Operational Risk Manager in performing risk assessments in areas such as :
Self-Assessment of risk controlsOutsourcing arrangementsRelated-party transactionsProfessional investor classificationBusiness Continuity Management (BCM)Basel II / III implementation (BIA)Act as backup lead for operational risk management when required.6. Advisory & Risk Support
Provide guidance and advisory to the Singapore Branch staff on risk-related matters.Handle queries from internal teams, Head Office, and regulators.7. Audit & Compliance Coordination
Respond to audit queries and compliance reviews from :
MAS and other regulatorsInternal AuditExternal auditorsEnsure corrective action plans are executed and tracked.Candidate Requirements
Education : Bachelor’s degree in Finance, Accounting, Economics, Risk Management, or related discipline.Experience : At least 10 years of risk management experience in the banking sector, covering :Credit portfolio managementOperational risk managementClimate risk reportingRegulatory Knowledge : Strong understanding of MAS regulations and risk frameworks in Singapore.Advantage : Experience in market risk management will be considered a strong plus.Skills & Competencies :Strong analytical and problem-solving skillsExcellent communication and interpersonal skillsAbility to interact with senior stakeholders and Head Office in TaiwanAdaptable and able to manage in a dynamic regulatory and business environmentInterested candidates are encouraged to submit their resumes along with a cover letter outlining their relevant experience and achievements to apply79@talentvis.com or click apply now!
We regret to inform that only shortlisted candidates would be notifiedTalentvis Singapore Pte Ltd | EA License No : 04C3537
EA Personnel Name : Reggie Tiongson | EA Personnel No : R1324767
Tell employers what skills you have
Sustainability
Basel II
Market Risk
Risk Governance
Regulatory Compliance
Outsourcing
Corporate Banking
Risk Management
Basel III
Economics
Operational Risk Management
Climate
Portfolio Management
Business Continuity Management
Banking
Operational Risk
Regulatory Requirements
governance policies
Regulatory Reporting
Audit