VP – Banking Operations Risk & Control

Key responsibilities

• Drive a risk and control culture across Banking Operations division
• Perform operations risk monitoring
• Manage the Risks and Control Self-Assessment (RCSA) process for Operations, challenge the appropriateness and completeness of the risk repositories with the functional managers (where required) and interface with ORM (Operational Risk Management) for addition of new risks / amendment of existing risks, etc.
• Have at least 5 years of experience working in a bank’s backoffice function
• Understand the various banking operations appropriateness for each transaction, understand the process of payment execution and completion
• Understand how interbank remittance operations function using SWIFT
• Analyse incidents / events, perform root cause analysis and identify the strategic outlook of actions proposed
• Engage in discussions concerning the control framework with Internal / External Auditors (audit related); cooperate in completion of such audits
• Collaborate with cross divisional / regional counterparts on initiatives looking to enhance the control and governance framework for Banking Operations division
• Participate in initiatives launched by the Control team to pave way for a better control framework within Operations
• Prepare materials for training, awareness, case study sessions on themes relevant to the current control environment to ensure uniform appreciation of existing risks and controls among the Operations teams