Business Function

Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.

Job Purpose

To Assist IBG COO Head in implementing the DBS Group Operational Management Policy and processes within IBG with an aim of ensuring a sound Risk and Control environment

Key Accountabilities

• Operational Risk Management
• Risk & Control Self Assessment (RCSA)
• Improve processes wherever required
• Timely reporting/escalating of risk events/significant incidents

Job Duties & Responsibilities

Risk Identification & Assessment

• Identify operational risks within the business unit.
• Regularly assess processes to detect weaknesses or potential risk areas.
• Maintain a risk register documenting identified risks and associated controls.

Risk Monitoring & Reporting

• Monitor key risk indicators (KRIs) and operational losses.
• Ensure timely and accurate reporting of risk events and near misses.
• Prepare periodic risk reports for management and risk committees.
• Implementation of Risk Frameworks
• Ensure adherence to the organization’s risk management framework and policies.
• Support rollout of risk tools, methodologies, and frameworks at the unit level.
• Work with the second line and Group risk team to align local practices with corporate standards.

Control Testing & Validation

• Conduct control testing to ensure effectiveness of risk mitigation measures.
• Assist in RCSA (Risk & Control Self-Assessment) exercises.
• Follow up on action plans for control weaknesses.

Incident Management

• Coordinate the investigation and documentation of operational risk incidents.
• Identify root causes and recommend corrective actions.
• Track and ensure implementation of remediation plans.

Training & Awareness

• Promote a risk-aware culture within the unit.
• Conduct or coordinate risk-related training for staff.
• Act as a point of contact for risk-related queries and guidance.

Liaison Role

• Act as a bridge between the business unit and the second line risk function.
• Coordinate with internal audit, compliance, and external regulators when necessary.

Business Continuity & Crisis Management

• Support development and testing of Business Continuity Plans (BCP).
• Participate in crisis management initiatives or drills.
• Analyze and report IBG unit’s operational Risk profile to IBG Management, with proposed action plans to address the issues

Required Experience

• Operational Risk Management / Audit for Corporate Banking unit
• Sufficient knowledge and experience of the Unit’s business operations and processes
• Understanding of regulations related to AML/KYC/CFT locally as well as for the group
• Ability to provide balanced perspective between business expediency and risk & control
• Ability to communicate effectively

Education / Preferred Qualifications

• CA / MBA with 8-10 years of experience

Core Competencies

• Analytical Skill
• Audit
• Self Motivated
• Strong Interpersonal skills
• Ability to carry out Senior Management interactions independently

Work Relationship

All Business Unit & Support Units, Legal, Compliance, Operational Risk, Credit and Operations. Additionally close coordination with group IBG COO office is required.