Senior Associate, Operational Risk Management, Operations, COO

Transformation & Data (T&D) supports our management on the implementation of the Group’s agenda. To support DBS in maintaining a competitive edge by harnessing Data and AI to drive transformation — enabling it to realise its vision of becoming the best AI-enabled bank with a heart.

About Dbs

Business Function Technology and Operations (T&O) enable and empower the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation.

In T&O, we manage the majority of the Bank's operational processes and inspire our business partners through our multiple banking delivery channels.

Responsibilities

• The T&O/ T&D COO office enhances the Bank's focus on operational risk management and drives strategic initiatives in digital transformation, as well as workforce engagement and development, across our operational functions.
• The Operational Risk Management (ORM) team drives effective operational risk management in the digital age with a consistent operational risk control framework that leverages data analytics.
• This includes risk governance forums and improvement programs across functional levels.
• Support review and analysis of risk events, incident trends, and significant incidents to identify root causes and recommend effective mitigation strategies
• Support completion of the unit's Risk and Control Self-Assessment (RCSA) programme, to enhance risk identification and assessment methodologies and processes
• Oversee the collation, monitoring, and comprehensive reporting of Key Risk Indicators (KRIs) for the unit
• Collaborate effectively with units and other relevant stakeholders to ensure timely and accurate completion of operational risk-related regulatory submissions, compliance reviews, new product approvals, and local and regional risk management initiatives
• Manage the tracking and monitoring of risk issues and the completion status of corrective actions
• Support the team in the timely preparation of monthly and ad-hoc operational risk reports for local and regional risk committees
• Facilitate timely implementation of corporate operational risk policies and standards across the Unit, proactively assisting teams in identifying, reporting, and remediating any control gaps
• Assist in investigating data-related incidents, near-misses, or control failures, helping to identify root causes; coordinate with cross-functional teams to track corrective action plans and ensure timely remediation of audit findings and risk issues; monitor adherence to enterprise data policies, standards, and regulatory requirements; help prepare risk reporting decks, management dashboards, and committee materials
• Champion and promote strong risk culture awareness within the unit through the establishment and conduct of comprehensive risk and control training plans
• Providing guidance on operational risk management best practices and emerging risks to the unit

Requirements

• Degree holder (or equivalent) in Risk, Legal, Finance, Information Technology, Computer Science, Data Science or business-related discipline
• Minimum 3-5 years of working experience in operational risk management or internal control related function, with a strong understanding of regulatory requirements and industry best practices
• Demonstrated expertise in managing operational risk in a financial services or banking environment with knowledge and experience in operational processes and controls
• Excellent analytical and problem-solving skills, with the ability to identify and address complex operational risks
• Strong communication and stakeholder management skills, with the ability to influence and collaborate with cross-functional teams
• Relevant certification (e.g. ECF-ORM or GARP) are preferred

Benefits

• Now We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements.

We regret only shortlisted candidates will be notified.

Location

Two Harbour Square Job: Risk Management Schedule: Regular Employee Status: Full time