Director, Asia Non-Financial Risk, Location and Products Lead

The Role

Team Lead

• Lead a team of location & product NFR specialists across Asia
• Oversee non-financial risk strategies across location and products
• Manage team activities to ensure effective risk identification, assessment, and reporting across Asia, considering local nuances and product specificities.

Product ORM

• Establish direct working relationship through proactive stakeholder management with the head(s) of the First Line function(s) and their management team(s).
• Assure the NFR framework is appropriately implemented in the product area, advise the first on maintaining an effective and robust governance and risk management structure.
• Lead regional engagement on the product, cascade information to the relevant locations in a timely way.
• Assure embeddedness of global control standards (or local equivalent) in all Asia locations
• Advise the global functional head of local/regional risk matters.
• As a Centre of Excellence for the product area, advise the Asia NFR and Wholesale Banking NFR team on matters related to the product area.

Governance & Advice

• Maintain the NFR framework and manages it as a basis for operational activities.
• Advise Senior Management and 1LoD NFR management functions on Non-Financial Risk framework matters.
• Advise and support 1LoD on Non-Financial Risk set-up, procedures and measures.
• Challenge, advise and help 1LoD in the field of Non-Financial Risk queries and the application of various Non-Financial Risk aspects within daily operations.
• Identify and monitor relevant developments in the field, both within and outside the organization, and incorporates findings in policy and procedures.
• Support running of local Non-Financial Risk Committee chaired by Country Branch Manager where applicable.

Risk Identification & Risk Assessment

• Advise and challenge identified risks in conjunction with management and the 1LoD, with due regards for the interests of parties involved (bank, customer, third parties).
• Provide expert risk knowledge and guidance on the business process and non-financial risks in area(s) of expertise.
• Investigate risks and events, conducts desk research, researches individual cases and makes an analysis. Helps prioritize risks and performs assessments in conjunction with management.

Risk Mitigation & Risk Awareness

• Guide and support 1LoD in the creation of an implementation risk mitigation plan.
• Communicate policy and guidelines to management and employees.
• Encourage risk awareness and a sense of responsibility among management and employees in relation to Non-Financial Risk.
• Advise and assist in the implementation of new and updated Non-Financial Risk policy, procedures, and measures.
• Point of contact for the reporting of and for queries relating to Non-Financial Risk events and issues.

Monitoring and Reporting

• Check that the 1LoD is complying with Risk Appetite, and that Non-Financial Risks are being managed and escalated where necessary.
• Monitor progress in Risk Mitigation activities, create reports and feed back to management of the business unit, second line and Operational Risk functional line.
• Challenge & advise risk scores in Non-Financial Risk Dashboard reports, and lead discussions in local Non-Financial Risk Committee.

Requirements

• Minimum 10 years’ relevant Non-Financial Risk / Operational Risk relating to and Risk Analytics experience preferably in financial institution
• Degree or above with major in Accounting, Finance, Economics or related discipline.
• Experience in Wholesale Banking products, processes, and controls
• Familiar with risk event management, issue management, risk assessments, internal control testing methodologies, Key Risk Indicators, scenario analysis, risk analytics and reporting
• Ability to analyze, collate and understand the business requirements
• Strong organizing and project management skills
• Ability to lead team and drive projects and initiatives
• Self-motivated, proactive, and able to work on own initiative
• A strong team leader and player with good interpersonal skills who is able to work well with others including senior management
• High proficiency in spoken and written English