As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Why JoinStart your career with OCBC Bank as Operational Risk Manager – Division (Assistant Vice President) in our Group Risk Management (GRM) Division.
At OCBC, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork, and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and will to succeed, rise to the challenge today!
How it works?You will join our high performing division aligned Operational Risk Management (ORM) team in Group Risk Management. The division aligned ORM team is a 2nd Line of Defence (2 LOD) function providing risk and control oversight, review and challenge coverage and support for our key business and support divisions. For example, but not limited to: -
Key business divisions – Private Banking (BOS), Global Wholesale Bank, and;
Key support divisions – Group Finance, Group Human Resource and Group Strategy & Transformation Office.
For you to be successful in the role, you must have broad experience in Operational Risk Management as well as deep process/ product expertise in the divisions you are covering.
How you succeedTo succeed in this role, you will need to have a deep understanding of operational risk management principles and practices. You will need to be able to identify and assess potential risks and develop effective mitigation strategies. You will also need to be able to communicate complex risk issues to stakeholders and work collaboratively to implement risk management solutions.
What you doYou will work with 1st Line of Defence functions of the divisions on a board range of risk matters including ensuring the divisions are operating in a controlled manner, key risks of the division are profiled adequately for senior management, root cause analysis of significant events are conducted, key risks and controls relevant to the business including new product and third party risks are identified, assessed, tested and key regulatory and policy requirements are complied with.
Who you areYou’ve got 5 – 10 years of experience in a risk and control, audit, or compliance role.
You have end-to end experience in private banking, retail and/or wholesale banking products and processes.
You’re proficient in Microsoft Office, especially Microsoft Excel and PowerPoint.
Analytical, inquisitive, tenacious. You’re a results-driven self-starter, an adept problem solver with strong quantitative skills and comfortable in communications with senior management.
You’re a creative mind who’s able to synthesise data across different operational risk domains to produce a holistic picture of the division’s operational risk profile.
Proficiency in data visualization skills is preferred.
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
Skills Required
- 5 - 10 years of experience in a risk and control, audit, or compliance role
- End-to-end experience in private banking, retail and/or wholesale banking products and processes
- Proficiency in Microsoft Office, especially Microsoft Excel and PowerPoint
- Strong analytical and quantitative skills
- Proficiency in data visualization skills
What We Do
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
