Overview
- Hybrid
- BOS Singapore
- Full time
- JR00001250
Bank of Singapore opens doors to new opportunities.
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!
Business Risk Management Policies & Procedures Team (“BRM P&P Team”) is responsible for the management of various key BOS Global Policies (relating to Sales, Suitability, Pricing, Best Execution, Product Due Diligence, Communications, Cross Border Marketing Guidelines and ESG/Sustainability) critical to the BOS franchise. BRM P&P Team is also the Regulatory Compliance Partner supporting business units within COO, Front Office, ISG, CIO and FFWA on regulatory change related matters. We work closely with cross-functional stakeholders across the Bank to implement changes to the Bank’s policies and procedures, driven by efficiency improvement, risk mitigation, regulatory requirements, and business initiatives.
We are seeking an enthusiastic team member who will be responsible for implementing, monitoring, and delivering continuous enhancement of the various BRM P&P Team policies to ensure these remain in compliance with business strategy and regulatory requirements. This role involves engagement with stakeholders across the three lines of defence in managing these policies and related change implementations.
Main duties
- Lead the implementation, monitoring, and continuous improvement of policies, processes, and tools owned by the BRM P&P Team.
- Manage governance forums related to policy development and implementation, such as the Sales & Advisory Committee and the New Business and Product Approval Committee.
- Monitor legal and regulatory developments, conduct impact assessments, and lead change implementation for affected BRM P&P policies.
- Develop and implement tools, processes, and controls to ensure ongoing compliance with policies.
- Support post-implementation reviews and manage user feedback to assess policy effectiveness and user experience.
- Participate in audits, regulatory inspections, compliance testing, management deep dives, and reviews of past regulatory and audit findings related to BRM P&P policies.
- Collaborate with stakeholders across all three lines of defence, including Compliance, Legal, Group Internal Audit, and Product teams.
Requirements
- Minimum 8 years of experience in the private banking industry, preferably with a focus on policy development and implementation related to sales, suitability, pricing, regulatory compliance and change, risk and controls, or risk management. Relevant consulting experience will also be considered.
- Bachelor’s degree holder
- Proven experience in project management, change management, and crisis management.
- Self-driven and confident, with the ability to operate independently in a fast-paced, complex, and evolving environment.
- Persuasive and persistent, with a strong focus on execution and delivery.
- Strong analytical and problem-solving skills, with the ability to navigate ambiguity and complexity.
- Excellent communication, influencing, and presentation skills.
- Well-organized, with experience managing senior stakeholders.
- Adaptable and resilient, thriving in diverse and dynamic cultural environments.
- Tech-savvy, with familiarity in AI and data tools, and proficient in Microsoft Office applications.
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.