Job description:

Position Summary

This role is responsible for advising and collaborating closely with the business on the identification of potential risks and building strong robust controls and procedures to mitigate risks. The candidate will play an integral role in the oversight and governance of risk management within the organization.

Key Responsibilities

Assist in the development, review and provide advice to the first line business units on risk management frameworks, policies and processes aligned with industry standards and regulations
Assist with the conduct of risk related training to drive a robust risk-aware culture across the company
Collaborate with business units to review and challenge the effectiveness of line one's Risk Controls Self-Assessment (RCSA) and provide guidance where necessary
Perform independent review and sample testing on key controls
Monitor and report status of remediation action plans developed via Operational Risk Events, RCSA or any other risk related reviews by the second line to Management and Board Risk Committees
Define, update and monitor Risk Thresholds, Key Risk Indicators and prepare risk dashboard for Management and Board reporting purposes
Undertake and execute risk assessments and verification initiatives
Engage stakeholders on risk matters to suggest control improvements
Support the Crisis Management Team, Business Continuity Management Team and IT Risk team in various initiatives or other ad-hoc tasks as required
Support risk committees and other governance structures responsible for overseeing and monitoring risk related activities across the organization

Requirements

Bachelor Degree in related discipline or equivalent industry related experience
Possesses a recognized professional qualification in the field of IT or Risk Management (e.g., CIA, CRMA, CERM, CPRM, CISA, CRISC and ITIL) is an advantage
At least 5 to 7 years of experience in second line risk function; experience in a regulated financial industry is an advantage
Strong knowledge of Risk Management concepts, including Technology Risk Management
Strong understanding of the Three Lines of Defence
Strong verbal and written communication skills
Able to establish effective relationships with peers and stakeholders
An excellent team player who is highly motivated and has a strong desire to learn and succeed

Risk Management Specialist