Risk and Control Specialist - CMTB SG

Key Responsibilities: Risk, Control and Compliance • Execute operational and compliance risk management activities in accordance with the Bank’s policies, procedures, risk framework, and regulatory requirements. • Perform risk and control assessments, including identification of key risks, documentation of controls, and evaluation of control design and operating effectiveness. • Support identification and monitoring of non financial risks, including but not limited to: • Operational Risk • Conduct Risk • Fraud Risk • Third Party Risk • Business Continuity and Operational Resilience • Data Risk and Regulatory Compliance (including AML/CTF, where applicable) • Assist in embedding effective controls into business processes, new initiatives, system implementations, product launches, and process changes. • Support reporting, assessment, escalation, and remediation of operational risk events and incidents. • Perform root‑cause analysis on incidents and control failures to identify gaps, weaknesses, or process deviations. • Track remediation and preventive action plans to ensure timely and effective closure. • Conduct thematic, process, or control reviews as assigned to identify potential risk exposures or control breakdowns. • Promote strong risk awareness and compliance culture within the department. • Support risk and compliance training, awareness sessions, and departmental communications. • Keep abreast of regulatory developments and internal policy changes relevant to CMTB. Governance, Monitoring and Reporting • Monitor key risk indicators (KRIs), control metrics, and compliance measures for the department. • Prepare risk reports, dashboards, and management information for escalation to the Head of Risk and Control and relevant stakeholders. • Maintain accurate and up‑to‑date risk registers, incident logs, control documentation, SOPs, and risk artefacts. • Support regulatory gap analysis for new or revised regulatory guidelines, policies, or procedures impacting CMTB. • Work closely with HODs, Heads of Units, and Process Owners to ensure policies, procedures, and SOPs are aligned with the Bank’s risk framework. • Provide practical risk and control advisory to business units, focusing on prevention rather than detection. • Liaise with 2 nd Line of Defence (Risk, Compliance) on risk matters, reviews, issues, and closures.