VP, Operational Risk Management

Risk and Performance Management Department

The Risk and Performance Management Department is responsible for the independent assessment, measurement, monitoring and reporting of GIC's market, credit and operational risk profiles.

The Operational Risk Management team is responsible for driving and managing the corporate operational risk management program within GIC. We achieve this through a close partnership with the process owners from the different departments in GIC. We are looking for a dynamic and self-motivated individual to join the Operational Risk Management team as a Vice President, who will work alongside the departments that support investments in Public Markets.

Responsibilities

• Design corporate-wide operational risk policies that is aligned to market practices and ensuring the consistent interpretation and implementation of these policies
• Drive the development of operational risk tools to identify and address control weakness and/ or gaps
• Provide independent review and challenge of operational risk self-assessments and root cause analysis for operational risk events
• Partner the process owners in the design and review of their processes to strengthen their control environment
• Proactively identify risk areas to perform deep dive analysis or thematic reviews on the specific processes
• Participate in new product assessments and ensure that operational risk considerations have been adequately assessed

Requirements

• A good Degree in Finance, Business, Accountancy or related fields of study
• Preferably 10 to 12 years of relevant working experience in the financial services industry
• Strong analytical skills with in-depth knowledge of operational risk tools and best practices as well as good understanding of operational processes, risks and controls in the financial services industry
• Strong abilities in embracing change, communicating the need for change, and applying forward thinking in initiating process improvements and transformation
• Excellent interpersonal, communications and presentation skills with ability to work cross-functionally, across different business areas and seniority level, and to synthesise detailed information
• Additional qualifications such as CFA, FRM and CPA will be favourably considered