Associate, Non-Financial Risk

Department:   Asia Non-Financial Risk

Position:           Asia Non-Financial Risk (Risk & Framework)

Location:          Singapore

Reports to:       Asia Non-Financial Risk (Risk & Framework) Team Lead

Overview

The Asia Non-Financial Risk (NFR) team provide 2nd Line oversights to the non-financial risk program for the Asia region.  

We are looking for someone to join Asia Non-Financial Risk (Risk & Framework) team who provides regional 2LoD oversight, challenge and governance of Non-Financial Risks, including risk monitoring and reporting, across Wholesale Banking Asia, and to ensure that the 1LoD operates in accordance with internal policies and standards.

Responsibilities of the team

Governance & Advice

• Maintain the NFR framework and manage it as a basis for operational activities.
• Advise 1LoD on Non-Financial Risk framework matters.
• Advise and support 1LoD on Non-Financial Risk set-up, procedures and measures.
• Challenge, advise and help 1LoD in the field of Non-Financial Risk queries and the application of various Non-Financial Risk aspects within daily operations.
• Identify and monitor relevant developments in the field, both within and outside the organization, and incorporate findings in policy and procedures.

Risk Identification & Risk Assessment

• Advice and challenge identified risks in conjunction with management and the 1LoD, with due regards for the interests of parties involved (bank, customer, third parties).
• Provide expert risk knowledge and guidance on the business process and non-financial risks in areas of expertise.
• Investigate risks and events, conduct desk research, research individual cases and make an analysis. Helps prioritize risks and perform assessments in conjunction with management.

Risk Mitigation & Risk Awareness

• Guide and support 1LoD in the creation of an implementation risk mitigation plan.
• Communicate policy and guidelines to management and employees.
• Encourage risk awareness and a sense of responsibility among management and employees in relation to Non-Financial Risk.
• Advise and assist in the implementation of new and updated Non-Financial Risk policy, procedures, and measures.
• Point of contact for the reporting of and for queries relating to Non-Financial Risk events and issues.

Monitoring and Reporting

• Check that the 1LoD is complying with Risk Appetite, and that Non-Financial Risks are being managed and escalated where necessary.
• Monitor progress in Risk Mitigation activities, create reports and feed back to management of the business unit, second line and Non-Financial Risk functional line.
• Challenge & advise risk scores in Non-Financial Risk Dashboard reports and participate in discussions with 1LoD and Non-Financial Risk functional line.

• Minimum 5years' relevant experience in banking, financial institutions, or Big 4 firms serving banking and FI clients.
• Degree or above with major in Accounting, Finance, Economics or related discipline
• Experience in Wholesale Banking products, processes, and controls.
• Ability to analyze, collate and understand the business requirements.
• Strong organizing and project management skills.
• Ability to lead and drive projects and initiatives.
• Self-motivated, proactive, and able to work on own initiative.
• Exhibits responsibility and takes ownership for actions and outcomes.
• A strong team player with good interpersonal skills who can work well with others.
• High proficiency in spoken and written English

What We Offer

• An opportunity to influence key finance processes within an international banking environment.
• Exposure to regional and global stakeholders.
• A collaborative and diverse culture focused on development and innovation.
• Opportunities to drive efficiency improvements and finance transformation initiatives.
• A workplace that values integrity, accountability, and continuous learning.

How to Apply

Click the application button on our careers site and submit your application through Workday. We look forward to learning more about you.

Equal Opportunity

Don't meet 100% of the qualifications? Don't let that hold you back. Studies show men often apply when they meet only part of the requirements. If this role excites you and your experience aligns with many of the key skills, we encourage you to apply.

Job Application Safety Reminder ⚠️

We're seeing an increase in fraudulent job offers. To protect yourself, please follow these guidelines when applying for roles at ING:

• Apply only through official ING career channels and Workday.
• Verify the sender's email address carefully. Legitimate communications will come from@ing.com and/or@myworkday.com.
• ING will never ask you for payments, banking information, or financial transfers during the recruitment process.

About ING

With 65,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what's possible and at the same time ensure you work with integrity and hold the customer's interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.