Business Risk Manager

A boutique Private Bank is hiring a Business Risk Manager who can drive regulatory change, streamline business processes, support front line activities and launch risk initiatives to ensure proper governance, risk and control framework in place. This is a subject matter role with a focus on suitability, pricing, investor protection, cross border and shared relationships

Roles based in Singapore and will not support relocation.

Key responsibilities:

• Act as first line of defense
• Be an independent SME and depending on topic to manage junior colleagues to take on the business risk topics.
• Manage and strengthen the regulatory solutions for Investment Suitability, Investor Protection, Pricing, Crossborder and Shared Relationship competencies of the Bank to ensure effective and robust frameworks, including processes, procedures, tools, training, and controls in Asia.
• Work with First Line of Business and act as First Line of Defense to maintain the Risk, Control and Governance framework for relevant business risks, provide central guidance and expertise
• Champion and initiate Front initiatives, process/operation streamline activities, risk management or remediation projects together with different parties to balance between the compliance of rules and regulations, increase operational efficiency as well as reduce business risks.
• Provide Support & Control to Asia Front Office, including reviewing system access right, payment fraud prevention review.
• Design training curriculum (e. g. Avaloq system) for CRM and ARM in addition to the existing mandatory trainings.
• Ensure all changes to policies, procedures, projects and regulations are fully embedded within the business and, where appropriate, that proper implementation is undertaken.

Key requirements

• Strong track record in business risk management including conducting gap analysis, designing control processes, front office training and supporting audit reviews
• Demonstrable knowledge of the regulatory environment - cross border, suitability, pricing.
• Fluent Mandarin speaker to support Chinese desk

EA Licence: 16S8091

EA Reg No.: R21103434