Execution and ongoing development of the Bank’s first line of defence risk management governance by ensuring adequate supervision of day-to-day business conduct and activities of the Front Office, adhering to internal directives, procedures, and regulatory requirements.
Oversee and collaborate closely with the Front Office to continually enhance operational risk processes and refine business operation. This role is instrumental in fostering compliant business activities and guiding risk-informed decision-making processes with support of and in collaboration with Management and other stakeholders, including Business Risk Management, Operations, Legal and Compliance.
Provide guidance and advice (with relevant stakeholders where required) to the Front Office on the Bank’s internal directives and procedures, compliance and regulatory-related matters, including but not limited to AML/CFT policy and procedural changes, cross-border marketing guidelines, adherence to advisory and suitability policies and procedures, fraud prevention policy and procedures.
Conduct thorough analysis and regular business and control reviews to get insightful outcomes and recommendations, aiding in decision-making and risk assessment. In conjunction with the relevant departments, ensure any rectification or remediation efforts are monitored promptly and with quality resolution.
Handle complex matters or challenges by identifying problems and collaborating with stakeholders to find efficient solutions. This includes reviewing Front Office requests, providing approvals (where appropriate), and escalating to Management.
Ensure compliance with regulatory and internal control standards, including the timely implementation of internal and external audit points and any issues regulators raise.
Analyse data to identify potential risk areas and work with relevant stakeholders to ensure the effectiveness of risk mitigation strategies.
Foster a strong risk culture and conduct awareness amongst the Front Office with the relevant training, market intelligence and knowledge sharing.
Lead and support business initiatives, process-related risk projects, working groups, business forums and governance meetings, where appropriate.
Bachelor’s Degree or equivalent, preferably in Business, Risk Management, Finance, Accounting or Law
Minimum 10 years’ experience in business management, risk management or other relevant banking experiences
Good knowledge of private banking products, operations, and regulatory requirements
Ability to understand broader private banking business, constantly keep abreast on industry trends and maintaining a growth-oriented mindset
Critical thinking and strong analytical ability. Attentive to detail and adept at strategic thinking, this role requires the capacity to evaluate diverse factors comprehensively, devise effective solutions, and ensure successful implementation/execution
Good technical skills and knowledge to analyse business data to draw insights from large or multiple data sets
Strong team player with good communication and interpersonal skills
- Excellent organizational skills and the ability to effectively and efficiently manage a multi-faced role with time sensitive priorities and multiple assignments
We are looking forward to receiving your online application.
For any further information please do not hesitate to contact us!
LGT Bank (Singapore) Ltd.Human Resources
En Hui TeoSkills Required
- Bachelor's Degree or equivalent in Business, Risk Management, Finance, Accounting or Law
- Minimum 10 years' experience in business management or risk management
- Good knowledge of private banking products and regulatory requirements
- Strong analytical thinking and capacity to evaluate diverse factors
- Good technical skills to analyse business data
- Strong communication and interpersonal skills
- Excellent organizational skills to manage multiple assignments
What We Do
Forward-looking for generations LGT is an international private bank owned by the Princely Family of Liechtenstein with 23 locations in Europe, Asia, Australia, and the Middle East. Our solid capitalization, long-term thinking, and strategic focus underpin our strong values. These are rooted in 900 years tradition and entrepreneurial thinking. Digitization represents a key pillar of how we continually innovate to find better ways of doing things - today and for the future. Sustainable and social: Sustainability is a pillar of LGT's strategy. Thinking, managing, and investing sustainably are integral parts of our DNA. LGT has committed to reducing the net CO2 emissions from its operations and its investments to zero by 2030. The Princely Family’s view is that wealth itself isn't a purpose, but that it comes with a sense of responsibility. Being wealthy means embracing and acting on that responsibility, as well as passing these values on to the next generation. LGT as an employer: LGT is a vibrant, growing international company and employer. We are certified as a Great Place to Work by the international consulting and research institute of the same name. Whether you have a wealth of experience or are embarking on your first professional steps, LGT careers offer an empowering environment to realize your ambitions. Take your next career step at one of our 23 international locations: www.lgt.com/global-en/career/jobs Publishing information: www.lgt.com/global-en/publishing-information
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