Vice President, Risk Management Dept (Non-Financial Risk)

Sumitomo Group
$89,736 - $113,626 a year
Singapore
1 day ago
Non-Financial Risk Management as a 2nd Line function
  • Ensure effectiveness of risk governance, processes and regulatory compliance from Non-Financial Risk Management perspective in APAC in consultation with Head Office
  • Coordinate and manage Governance, Risk and Compliance (GRC) activities in APAC from non-financial risk management perspective to drive timely completion of risk management deliverables and resolution of key risk issues
  • Ensure timely and accurate reporting to Head Office and senior management on non-financial risk management matters
  • Lead efforts to cultivate and promote a strong non-financial risk management culture and ensure adherence to relevant risk management policies, procedures and standards


Job Responsibilities

  • Implement, operationalize and enhance Non-Financial Risk Management frameworks (Operational Risk, Technology Risk, Third Party Risk, AI Risk) in APAC in consultation with Head Office, focusing on governance, compliance and risk management processes (eg. risk identification/ monitoring/ reporting), policies, procedures and standards.
  • Work closely with stakeholders in Head Office and the region from the 3 lines of defence to implement appropriate risk governance/oversight, design/determine/establish metrics like KRIs, enhance controls and promote best practices that drive non-financial risk management, operational resilience and regulatory compliance
  • Coordinate non-financial risk management efforts with Head Office and the region and manage Governance, Risk and Compliance (GRC) activities across the APAC Offices to drive timely completion of key deliverables and resolution of risk issues
  • Work with Head Office to cultivate and promote a strong risk culture in APAC

Job Requirements

  • Proficient in English and Japanese as the role will require frequent communication with various departments in Head Office, and familiarity with JFSA regulatory requirements
  • Good knowledge of Non-Financial Risk Management, particularly in technology, third party and operational risk regulatory requirements and industry standards
  • Minimum 3 years experience in operational/non-financial risk management, preferably in banking or financial services.
  • Good project management skills and experience.
  • Ability to perform gap analysis of risk management policies and processes against new regulatory requirements and guidelines.
  • Self-starter and a critical thinker.
  • Proactive, resourceful and able to think and act strategically and tactically.
  • Able to multi-task and work independently under tight timelines.
  • Strong oral and written communication skills.
  • Strong stakeholder management skills.
  • Culturally sensitive.
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