Job Description
Responsibilities:
- Responsible for the development of a comprehensive risk and control assessment for all aspects of risk and reviewing this with the business on a regular basis. Oversight of the FLOD testing programme and the execution new discretionary accounts establishment review.
- Responsible for ensuring that a comprehensive risk based control monitoring programme exists across the function, evidencing the adequacy and effectiveness of key controls.
- Responsible for the development of a strong risk awareness and client fairness culture across all aspects of the business. This includes working in partnership with the various stakeholders in the Seond Line of Defence (SloD) to ensure that appropriate controls are in place.
- Conducts Themetic Reviews of the business and identifies new risks in the front line. Produce management report on findings.
- Accountable for the proactive escalation, reporting, provision of advice and challenge in relation to the business activities and business process change, to the end that the risk profile of the business remains within its risk appetite.
- Undertakes any other duties within the Business Risk Management or as directed by the Head of Business Risk Management.
- Manages FLOD Risk Scorecard and ensures proper tracking, execution and integrity of the score card.
- Builds strong relationships and credibility with key internal stakeholders so as to represent Business Risk effectively.
- Provides counsel to front office staff on investment advisory activities to ensure compliance with in-house policies & procedures and local regulatory requirements.
Requirement:
- Bachelor degree or above in Business Administration, Finance, Economics, or related field
- 5 to 10 years of experience in financial or banking industries
- Experience with general risk management, including control frameworks are preferred
- Understanding of products and Wealth regulatory banking environment
- Demonstrated ability to work with minimal supervision, adapt and adjust to changing work priorities and to multitask
- Excellent verbal and written communication skills
- Capable of managing multiple tasks and deadlines with timely responses and resolutions
- Proficiency with computer skills as well as pertinent mainframe systems and software packages
- Strong analytical skills and able to exercise sound judgment in decision making practices
- Team player with excellent interpersonal skills and multicultural awareness and sensitivity