Assistant Vice President, New Product and Third Party Risk Management (Job ID: 10068331)

Purpose of the role

Responsible for supporting the enhancement, alignment, and maintenance of product risk governance framework and reviewing and evaluating Third-Party risk management arrangements to ensure robustness.

Job Responsibilities:

1. Support execution of the strategy of Product Risk Governance and Third-Party Risk Management for APAC, collaborating with the relevant divisions (business units, risk assessment divisions etc.), and ensure alignment with the organization’s overall strategy and regulatory requirements.
2. Promote operational efficiency through:
1. The timely and accurate review of new products / product variations for APAC and streamlining of product risk management work processes under the Product Governance Framework.
2. The timely and accurate review of Third-Party Assessment in accordance with the requirements of Singapore Branch's Third-Party Risk Management (TPRM) Framework.
3. Provide support and advice to relevant divisions on Product Risk Governance matters via New Product Assessment (NPA), Periodic Assessment (PA) and Product Risk Management Committee (PRMC).
4. Assist in the preparation of materials for Third-Party Risk Management Committee, Risk Management Committee and Product Risk Committee meetings.
5. Assist in addressing stakeholders’ queries on the Third-Party Risk Management Framework.

Job Requirements:

1. Recognised degree in Business, Accountancy, Economics or equivalent
2. Minimum 3 years of Risk Management experience, particularly with exposure to enterprise risk/operational risk
3. Exposure within the Asia & Oceania region will be an added advantage
4. Experience in using Pivot table, VlookUp, PowerPoint
5. Good coordination and collaborating skills with the ability to build effective working relationships with diverse stakeholders
6. Good understanding of the Commercial Bank business and operating model
7. Other qualities sought include good written English, strong analytical and excellent communication skills and ability to work in a team-oriented environment.

We regret to inform that only shortlisted applicants will be notified.

Job ID: 10068331