At Bank of Singapore, 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 the will to succeed, rise to the challenge today!
This position within Front Office Risk Management is responsible to further enhance and strengthen the Private Banking control framework. This is to ensure that the Bank is compliant with Private Banking Controls and Regulations, and at the same time achieve continuous improvement around business risk processes.
In this role, your main duties and responsibilities will involve:
Perform regular control & monitoring checks for topics such as pricing, cross border compliance, client onboarding, periodic reviews, transactional reviews, gift and entertainment controls & other topics as identified by Head of Front Office Risk Management to ensure that Front Office conducts activities as per internal policies and procedures
Documentation and reviews of the relevant processes for the topics identified for the control checks performed to ensure proper audit trail
Timely follow-up on any identified deficiencies to minimize potential non-compliance and escalation to management as required
Analyse and identify any potential gaps in existing operational procedures
Maintain working partner relationship with internal and external stakeholders
Minimum of 5 years of experience, with practical experience in performing control checks in a Private Bank environment will be advantageous
Strong analytical and good knowledge of risk, regulatory, control and process design
Understand business flow and processes and be able to investigate and analyze issues with an attention to details
Willingness to learn and embrace challenges and changes