Operational Risk Manager

Reposted 9 Hours Ago
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Singapore, SGP
In-Office
Senior level
Financial Services
The Role
Support enterprise operational risk management for Prudential Assurance Company Singapore by overseeing risk and control registers, incident reporting and analysis, third-party/outsourcing risk, risk assessments, and preparing Board and risk committee materials. Promote risk awareness, validate user-developed financial models and applications, and support ERM-impacting projects.
Summary Generated by Built In

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

As part of the Enterprise Risk Management team, you will assist in operational risk management, risk committee reporting, incident reporting and analysis and outsourcing function in Prudential Assurance Company Singapore.

Job Description:

  • Work closely with all departments to guide and exercise strong oversight on PACS risk and control registers, incident reporting, process gaps and controls analysis, and validation checks on user-developed financial modelling & applications
  • Ensure efficient risk information gathering and transmission within PACS and with the Group Head Office
  • Exercise adequate oversight on PACS’ third-party supply and outsourcing risk, in accordance with PACS’ internal framework, policies, and procedures (including review of risk assessments conducted by second line departments)
  • Work with the business functions to conduct risk assessments on projects/ initiatives
  • Prepare quarterly Board Risk Committee materials, bimonthly Risk Management Council materials, and follow-up actions
  • Prepare other Board papers including risk updates and material internal incident reporting
  • Promote awareness of operational risk management in PACS and support the maintenance of a healthy risk culture
  • Support projects which may impact the Enterprise Risk Management function

Working Experience

  • 5 to 7 years of relevant working experience would be preferred
  • Prior risk and control experience, operational risk management, and outsourcing process knowledge, including risk and control assessment and management in a financial institution

Professional Qualifications

  • Certification in risk management and/or information security would be advantageous

Education

  • Degree in Accounting, Finance, Information Technology or other related discipline

 

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

Skills Required

  • 5 to 7 years of relevant working experience
  • Prior risk and control experience, operational risk management, and outsourcing process knowledge
  • Experience performing risk and control assessment and management in a financial institution
  • Degree in Accounting, Finance, Information Technology or related discipline
  • Certification in risk management and/or information security
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The Company
HQ: London
52,292 Employees

What We Do

In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region. Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets. We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information Prudential plc: https://www.prudentialplc.com/ Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation

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