AVP / Senior Associate, Specialist - RMG Compliance Validation, Risk Management Group AVP / Senior Associate, Specialist - RMG  …

DBS Bank Limited
in Singapore
Permanent, Full time
Be the first to apply
Competitive
DBS Bank Limited
in Singapore
Permanent, Full time
Be the first to apply
Competitive
AVP / Senior Associate, Specialist - RMG Compliance Validation, Risk Management Group
Business Function
Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.
The role will be responsible for managing the end-to-end validation process for the BCBS 239 (Basel's Principles for effective risk data aggregation and reporting) compliance validation programme.
Responsibilities
  • Design the validation testing processes and procedures for BCBS 239 compliance validation
  • Perform validation testing activities and manage the validation workflow
  • Maintain an efficient and auditable database of validation records and evidence
Compliance Validation
  • Ensure effective implementation of BCBS 239 validation testing and procedures and ensure their alignment with the compliance validation methodology
  • Maintain the repository of validation test questions covering all aspects of BCBS 239
  • Perform validation on the policies and processes of various units being validated
  • Initiate engagement process and guide discussions with key stakeholders to ensure a collaborative approach to agreeing on the validation outcomes
Reporting and Monitoring
  • Monitor and report the Bank's status of compliance with BCBS 239 and implementation status of remediation actions
  • Liaise with stakeholders to track the implementation of remediation plans and outcomes
  • Monitor outstanding issues highlighted in validation findings
  • Support the preparation of compliance status reports to the Board, Senior Management and/or regulators
Requirements
  • A degree holder with minimum 5 years' working experience in a role within risk management, audit or compliance
  • Adequate understanding of regulatory environment in banking.
  • Experience and good understanding of data management principles, including controls and governance (preferred)
  • Fluent in written and spoken English
  • Good analytical skills and sound judgment
  • Strong problem-solving skills and ability to prioritise and manage multiple tasks
  • Knowledge of banking, policies, processes, controls and systems
  • Team player with good inter-personal and communication skills, and the ability to work with multiple cross-functional stakeholders
Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
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