Overview
Group Risk Management Division
Description
The Group Policy Manager is responsible for developing, implementing, and managing policies and initiatives related to the enterprise risk framework management. This role requires a proactive approach to policy development, a sound understanding of risk management principles, and the ability to collaborate with different stakeholders to ensure the effective integration of policy standards, governance, and risk management policies across the Bank.
Key Responsibilities
· Develop new and/or enhance existing enterprise policy standards, structure and writing guide that govern the management of policies across all functional risk types. This is done through developing policies, procedures and handbooks to guide the policy managers to effectively write and manage their respective risk policies
· Support the review of enterprise risk management (ERM) frameworks and policies, and governance structure to ensure they align with the Bank’s risk management approach and regulatory expectations.
· Oversee and improved the assigned corporate credit policies through regular policy reviews to ensure continued relevance and effectiveness with alignment to the Bank’s risk standards, risk appetite, business strategy and compliance to regulations. Additionally, implement and create new policies and procedures as needed to strengthen our credit risk processes.
· Proactively engage relevant stakeholders to holistically review the policy standards and requirements, including establish indicators to measure the effectiveness of policies and their implementation.
· Ensure that policies are comprehensive, clear, and communicated effectively across the Bank. This will include developing and delivering training programs to educate relevant stakeholders on the application of the policies, as well as provide advisory to policy users.
· Work with subsidiaries and branches to ensure prompt adoption and localization of the Group policies and alignment with Group core standards.
· Maintain the relevant inventories or systems that have been developed to manage and monitor the policies across all risk types. Involve in cross-functional projects to ensure that risk standards and controls are adequately incorporated in relevant policies and processes.
· Support the department to lead or participate in departmental and divisional level initiatives.
Qualifications
Qualifications and Requirements
· At least a bachelor’s degree in finance, economics, business administration, or a related field
· 10 – 15 years of experience in policy development, credit risk management, or a related field, with a focus on enterprise-level policies and risk management frameworks.
· Strong knowledge of relevant regulatory requirements and industry standards.
· Effective communicator with strong collaborative skills and ability to handle and influence multiple stakeholders to drive results.
· Possess leadership skills to lead projects and manage competing deadlines in a dynamic environment.
· Excellent writing skills is a prerequisite.
Primary Location
: Singapore
Job
: Risk Management
Organization
: Group Risk Management Division
Schedule
: Permanent
Job Posting
: 29-Apr-2025, 6:54:46 AM
About OCBC Bank
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.
OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.
OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
