Senior Manager, Non-Financial Risk

Overview

Job Summary

RRSD Unit faces the Group Risk Function with a peripheral support to CEO CIB Function. It handles wide spectrum of activities to support the Enterprise Risk Analytics, Traded Risk Management, Risk & Compliance Reporting teams of the Group Risk. This JR is for a role to support non-financial risk reporting, predominantly in the Operational risk reporting space.

Risk & Compliance Reporting

Operational risk

Operational Risk (OR) is an inherent part of the Groups business and is defined as the Potential for loss from inadequate or failed internal processes, technology events, human error, or from the impact of external events (including legal risks). There is a requirement to help manage the Bank's operational risk, provide oversight and governance and support first line and second line on key reporting requirements.

Key Responsibilities

Strategy

Ensure appropriate BAU controls are being established within RRSD and deployed effectively in GBS.

Support new Business requests through Project and change management

Look for possibilities of leveraging on synergy within the various process through automation thereby bringing in improvements.

Business

Ensure adherence to the requirement of timely, accurate and complete distribution of operational risk reports.

Data quality gaps to be identified and addressed along with Operational risk reporting. Implement adequate data quality Operational risk controls in BAU processes.

Appreciate the underlying data and prepare key highlights to callout the significant moves.

Review adequacy of covenants by engaging with business and credit stakeholders. To lead on critical operational risk projects working closely with project/ Data strategy and onshore team. Advance the roll out and adoption of operational risk related changes

Required to work closely with the dedicated onshore team that covers content driven topics and senior stakeholder management.

Support the delivery and execution of Operational Risk Management Framework particularly on risk integration

Validate the BCBS 239 related data in the various BCBS 239 tools and ensure that the BCBS 239 obligations are met for Operational Risk and especially by end of each year.

All documentations are up-to-date and always ensure audit-readiness.

Preparation of governance packs meet timely submissions

Lead the journey of automation by improving and enhancing the existing processes where required and support the UVT/UAT testing when required as part of change management process.

Communicate and pursue the strategic intent and agenda for RRSD

Assist in maintaining and developing RRSDs capabilities, skills and infrastructure to meet ongoing business needs and plans

Lead and deliver the requirements of the Group in compliance to regulatory principals

Improve client experience through more efficient and effective monitoring of exceptions and enhanced reporting processes

Processes

Oversee and supervise the execution of all processes carried out by the team members, in accordance with all standard operating instructions.

Act as a subject matter expert on operational risk reporting and change management with respect to operational risk reporting process

Ensure a robust and appropriate key documentation are available and updated for the risk processes managed by the team. This includes process key control, operating instructions, process performance indicators (KPI) and process risk indictors (KRI).

Actively engage with the relevant stakeholder in country with a view to improving and enhancing the reporting deliverables of RRSD team.

Support the relevant committees and working group where group risk has vested stakeholder interests.

Acquire basic technical risk knowledge to be able to contribute to the understanding and be comprehensive of the significance and purpose of the risk processes performed by the team.

Acquire knowledge surrounding the processes that are run by the team members so as to ensure effective coordination among various teams involved in change management and BAU process

Always ensure sufficient depth of knowledge and staff strength in the RRSD team to maintain complete internal coverage (over holidays, absences, etc.)

Actively engage the in-country Senior Manager to: (1) set objectives for the team and align activities to support the business in an integrated and effective manner (2) facilitate the transfer of product and business knowledge through presentations and other learning and training sessions.

People & Talent

This is not a people leader role but Subject matter expert on risk reporting and change management process.

Lead through example and build the appropriate culture and values within the Risk function and across the wider organisation

Ensure backup staff is identified and trained. Ensure succession planning for the processes handled at GBS

Risk Management

Embed new Operational Risk framework .