AVP, Risk Governance & Conduct Management

As a Risk Governance & Conduct Management professional at OCBC, you will play a critical role in ensuring that the bank's risk management practices are aligned with regulatory requirements and industry best practices. You will work closely with various stakeholders to identify, assess, and mitigate risks, and develop and implement effective risk governance and conduct management frameworks. You will be part of the team that is responsible for ensuring regulatory compliance of the consumer banking business, covering key areas such as risk governance, market conduct requirements and cross-border compliance matters.

Responsibilities

Actively engage business units to identify potential market conduct and cross-border compliance risks, and work collaboratively to establish compliance policies and/or measures to mitigate gaps; Create awareness of and advise business partners on market conduct risk and cross-border compliance matters (including participation on cross-functional projects) to ensure that internal processes and controls are robustly designed and executed to mitigate compliance risks; Collaborate with business partners to operationalize regulatory requirements efficiently and effectively, including providing requirements for digitalisation projects; Conduct training for new and existing staff on relevant compliance matters and cross-border marketing guidelines; To support Divisional Compliance Officer (DCO) responsibilities, ensure regulatory updates are assessed and disseminated to the right internal parties; Ensure that relevant regulatory updates are adequately assessed to ensure full compliance by CFS as a whole; Maintain effective relationships with stakeholders across all lines of defense; Prepare management reports to update senior management

Requirements

Degree holders aspiring to develop a career in risk management; At least 5 years of experience in risk management, compliance, or a related field, preferably in the banking or finance industry; Good understanding of retail banking products and services; Good knowledge of regulations governing the sale of investment products to customers (e.g. Financial Advisers Act, Securities and Futures Act, MAS Fair Dealing Guidelines and the regulatory changes arising from the Financial Advisory Industry Review); Strong analytical and problem-solving skills, with the ability to identify and assess risks and make sound decisions; Good communication and inter-personal skills, with experience of dealing with stakeholders across levels; Strong knowledge of risk management principles, regulatory requirements, and industry best practices; Good project management skills with the ability to work independently as well as a team player

Nice to have

Audit, compliance or risk management experience is an added advantage; Awareness or prior knowledge of cross border marketing requirements will be an added bonus

Benefits

Competitive base salary; A suite of holistic, flexible benefits to suit every lifestyle; Community initiatives; Industry-leading learning and professional development opportunities