business control specialist - commercial banking (contract) in Singapore

lynda tan, randstad
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banking & financial services
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lynda tan, randstad
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job description

about the company

Established for over 90 years, the Client is a reputable global bank offering full suite of financial services and capabilities around the world. They believe in grooming their employees to become the best at what they do, and offer internal mobility opportunities.

about the team

You will be part of the Commercial Banking Control Management Unit where you will be responsible for the end-to-end execution of Control and Operational Risk Evaluation to reduce financial loss, regulatory exposure and reputational risk. You will support all control related efforts for the Wholesale Lending Services Operations and this role requires you to work closely with other business units including Legal, Compliance, Risk, Audit, Technology Control.

about the job

  • Identify risk control gaps, drive remediation efforts and monitor progress
  • Initiate and support Risk and Control projects for Commercial Banking
  • Rollout regular training programmes to strengthen control environment
  • Work closely with the various BAU Subject Matter Experts (SMEs) to perform end-to-end analysis of the business’ risk and control environment to identify gaps, determine root causes of control breaks as well as formulate action plans to address the control gaps
  • Provide updates on control issues along with Scorecards, Dashboards, Key metrics, KPIs etc during Control Forums
  • Ensure that controls are properly designed and operating effectively
  • Document business requirements and design test plans for regulatory reporting purposes
  • Produce metrics and analytics on regulator reporting issues and results
  • Act as Regulatory Reporting Risk SME for the Operational units
  • Influence stakeholders and ensure that business strategy and risks are balanced, with adequate controls in place
  • Acting liaison for internal and external audits including compliance related exams.
  • Understand the local regulatory, compliance landscape and drive control & process adherence
  • Monitor any remediation arising out of changes in regulatory requirements

skills and experience required

  • Minimum Degree
  • At least 5 years of experience in Controls, Audit, Quality Assurance, Operational Risk Management and/or Compliance, within the Financial Services industry
  • Understanding of Commercial Banking and Corporate Investment Banking businesses
  • Knowledge in Lending products is a plus
  • Detailed and analytical with an investigative acumen
  • Excellent communications and stakeholder management skills
  • Proficient in Microsoft Office applications including Excel, PowerPoint, Visio

If you would like to find out more about this role, please click apply below. Alternatively please contact Lynda Tan at 6510 7413.

EA: 94C3609 / R1223887


no additional skills required


no additional qualifications required

educational requirements

Bachelor Degree