Senior Associate, Governance and Control, Advisory Surveillance, Consumer Banking Group

Employer
DBS Bank Limited
Location
Singapore, Singapore
Salary
Competitive
Posted
21 May 2022
Closes
05 Jun 2022
Ref
14996223
Job Function
Compliance/Regulatory
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Business Function
As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our customers realise their dreams and aspirations at every life stage. Our financial solutions are not only the best in the business - they were made just right for you.
Key Accountabilities
  • Ensure surveillance and controls adhere to regional surveillance framework.
  • Manage and execute advisory surveillance plans in accordance with internal and regulatory standards, provide constructive advice to stakeholders to ensure risk and control issues are escalated and resolved properly.
  • Build and nurture strong awareness and competency in advisory culture and conduct, in line with best practices and internal and regulatory requirements and standards.
  • Actively contribute to CBG SG's transformative, customer-centric agenda by embracing data-driven mindset and managing through horizontal organization and data-driven operating models.

Responsibilities
  • To conduct surveillance control checks and any ad-hoc control-assurance check with focus on Treasures wealth segment.
  • Assess and identify any internal control weakness and implement the necessary rectification or changes in control procedures.
  • Collaborate cross-functionally with internal stakeholders to identify risks / gaps and to establish effective internal controls.
  • Participate in projects representing Advisory Surveillance team for control assurance requirement.
  • Ensure timely execution of advisory surveillance and effective communication with stakeholders on risk findings and appropriate rectifications.
  • Effective use of data to identify risks and establish effective and focused internal controls. Look beyond traditional "rules-based" queries and analytics to establish robust continuous monitoring.
  • Review, update and implement related policies, procedures, and control measures to ensure compliance with regulatory requirements.
  • Contribute to the development of control tower, management reports to enable effective advisory surveillance, draw insights from data analytics:
    • Proactively identify ways to prevent and detect control lapses, potential risks by leveraging information in the Bank's data asset
    • Provide analysis and recommendations to develop and finetune advisory surveillance framework
  • Contribute to the development and implementation of enhancements related to advisory processes and controls.
  • Prepare Advisory Surveillance reports for management.
Requirements
  • Diploma/Degree holder with at least 5 years of relevant working experience in consumer banking environment, with field experience of risk & controls management, internal audit or compliance.
  • Good knowledge and understanding of banking and financial services regulatory requirements and best practices (such as MAS Financial Advisors' Act, Securities and Futures' Act, "FAIR" Balanced Scorecard Framework).
  • Experience in consumer banking wealth segment would be an advantage.
  • Strong interpersonal skills, written and verbal communication.
  • Excellent analytical and problem-solving.
  • Good working knowledge of MS Office e.g. Word, Excel and PowerPoint.
  • Must be a self-starter, independent, innovative and adaptive.
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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