Business Function As a leader in treasury operations, DBS extends a broad range of capabilities in foreign exchange and derivatives, money market and securities trading, to corporations and financial institutions. DBS trades in a comprehensive product ra nge, including foreign exchange, as well as interest rates and derivatives.
Global Financial Markets (GFM) provides total solutions to serve DBS clients' hedging and investment needs with a regional emphasis. We have a strong record in providing innovative wealth management solutions to our individual investors. We are a leader in regional products with an excellent, customer-driven research capability and with cutting-edge risk management technology and systems.
Responsibilities - Assist to promote risk & control awareness, including conducting operational risk training within the unit
- Ensure implementation of corporate operational risk policies / standards within GFM
- Develop and ensure implementation of unit-specific operational risk policies / standards
- Timely reporting / escalating of risk events / significant incidents
- Facilitate timely completion of quality RCSA, ensuring that proper action plans are established to address any control gaps identified
- Review and validate risk events reported for factual accuracy, proper categorization of event, cause, effect, and ensure that proper action plans are established to correct and prevent event from recurring
- Collate, analyze, monitor and report KRI for GFM, ensuring that proper action plans are established to address issues
- Track and monitor issue /action plan arising from RCSA, risk events, KRI regulatory inspections, audits or other risk issues, and alert Head of GFM HK of potential and / or actual past due issues
- Analyze and report operational risk profile (including losses, RCSA issues, KRI trends, compliance breaches or other significant issues) to Head of GFM HK, with proposed action plans to address the issues
- Escalate significant issues to business head and RMG-OR
- Assist with the coordination of Quarterly T&M HK Business Control Committee (BCC) engaging business and support units
- Conduct quarterly controls testing for rogue / unauthorized trading activities
- Drive digitization and data analytic initiatives as related to Ops Risk management
- Provide assistance to other functions in the COO office as required