Vice President, Operational Risk, Risk Management Group

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • DBS Bank (Hong Kong) Limited
  • 22 Aug 17

Vice President, Operational Risk, Risk Management Group

DBS. Living, Breathing Asia.

DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named "Asia's Best Bank" by The Banker, a member of the Financial Times group, and "Best Bank in Asia-Pacific" by Global Finance. The bank has also been named "Safest Bank in Asia" by Global Finance for eight consecutive years from 2009 to 2016.


  • Partner with the relevant BU/SUs (predominantly Institutional Banking Group (IBG), Global Transaction Services (GTS) and IBG Credit) to implement & maintain OR policies, standards, processes and tools to ensure safe and sound operating environment; Provide advisory support to BU/SUs on operational risk matters and drive process reviews/deep dives in collaboration with stakeholders
  • Provide operational risk assessment on new products and outsourcing activities and keep the manager updated prior to sign off
  • Escalate on timely basis significant risk issues to business management and manager for taking appropriate remedial actions
  • Ensure timely completion of RCSAs including appropriate action plans to address identified control gaps
  • Ensure issues/action plans arising from Risk & Control Self-Assessments, risk events, KRIs, regulatory inspections or other risk issues are properly followed up
  • Track new risk events, extended / overdue action plans and risk acceptances to ensure appropriate justifications and approvals are obtained
  • Perform risk monitoring of related business activities and compiling analyses of operational risk data and preparing the necessary reports to management
  • Drive the escalation of significant issues at the Hong Kong Operational Risk Committee and the Risk Executive Committee

  • Degree holder in Risk Management or other related disciplines.
  • Minimum 5 years of working experience in financial institution with at least 3 years in risk management/control functions
  • Analytical ability in risk assessment and identification of mitigation controls
  • Sound knowledge of regulatory/statutory requirements
  • Strong persuasive power in putting ideas across and ability to communicate with people of different levels
  • Good command of written and spoken English and Chinese

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

We regret only shortlisted candidates will be notified.