• Assistant Vice President - Risk & Control Jobs in Hong Kong

  • DBS Bank Ltd
  • Hong Kong

Job Description:

Assistant Vice President - Risk & Control - ( 190000FQ )

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 banks 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 Asias 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 nine consecutive years from 2009 to 2017

Job Objectives

Assist IBG COO and Risk & Control Head to implement risk and control processes and measures within the business segments, with the aim of ensuring a safe and sound operating environment
Assist Risk & Control Head to provide management support in the risks and control function especially for fast growing business areas, eg new customer acquisition in IBG 4; sales process of Bancassurance
Review and strengthen the AML / KYC process and control mechanism in SME segment
Identify early warning signals from data analytics
Ensure the business is conducted in compliance with the Banks control and risk policies & external regulations

Job Responsibilities Cover the quality assurance of client on-boarding / AML / KYC process and develop a risk-based monitoring / review mechanism in a longer run
Coordinate stakeholders within the business segment to review, devise and implement relevant policies, processes, controls, systems, documents to comply with new or amended laws
Assist IBG COO and Risk & Control Head to enhance risk governance and control function of front-to-end process of new initiatives in the segment, eg Satellite Branches/smart panel set up in IBG4
Perform analytical review of past suspected fraud and fraudulent cases as lesson learnt and study any behavioral pattern for preventive measures
Coordinate and drive automation / digitization of transaction monitoring and fraud prevention
Assist IBG COO and Risk & Control Head to review AML / KYC process, sales process, fair dealing, data protection governance of the business
Work together with Risk & Control Head to facilitate the business segment to comply with the Banks policies / standards and external regulations by
(a) Disseminating information, leading and coordinating the implementation of Banks policies, procedures & controls to ensure compliance;
(b) Promoting risk & control awareness; and
(c) Acting as contact person to liaise with other Support Units including Compliance, Legal , Audit and Risk Management on control and compliance matters
Proactively evaluate the business and risk of products, processes & new systems in IBG 4 segment, and provide an independent assessment to the Management
To assist the Risk & Control Head serving risk and control measures and control related projects for IBG 4 segment

Requirements

University or equivalent with 8 or more years experience in Institutional Banking AML / KYC, regulatory / compliance or audit;
Sufficient knowledge and experience of the IBGs business processes and related regulatory requirement, with drive to keep updated on prevailing market and regulatory news and developments
Ability to provide balanced view between business expediency as well as risk & control
Ability to work independently and effectively with relevant stakeholders locally and regionally to rollout / implement any needful controls related policies and procedures
Knowledge in Institutional Banking products and operations
Strong analytical skills, good communication and project skills
Proficient in MS Office (Excel, PowerPoint) and Qlikview analytics tool
Change agent, decisive and methodical

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Banks/Insurance/Financial Services
Role : Banking -General
Salary : As per Industry Standards
Deadline : 15th Mar 2020

Key Skills:

Company Profile:

Company
DBS Bank Ltdarfix

Salary trends based on over 1 crore profiles

View Salaries

All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd DMCA.com Protection Status