Head of Risk Management

Role Overview:

The Head of Risk Management is responsible for overseeing the overall risk management framework of the Singapore Branch, ensuring that all business activities comply with regulatory requirements and internal policies. This role excludes credit application approvals but covers credit portfolio management, operational risk, climate risk reporting, regulatory compliance, and risk governance. The individual acts as the primary advisor on risk matters to the branch, liaising closely with the Compliance team, Head Office in Taiwan, and external/internal auditors.

Key Responsibilities:

1. Credit Portfolio Management & Reporting

• • Monitor and manage the branch’s overall credit portfolio risk.
  • Prepare and submit internal reports to Head Office and external reports to regulators.
  • Identify credit concentration risks, portfolio trends, and potential vulnerabilities.

2. Climate Risk Management

• • Lead the branch’s climate-related risk reporting in line with MAS guidelines and Head Office requirements.
  • Develop frameworks for assessing environmental and sustainability risks in lending and portfolio exposure.

3. Regulatory Reporting

• • Oversee and review MAS reporting requirements, including half-yearly submissions.
  • Ensure accuracy, timeliness, and compliance with Singapore’s banking regulations.

4. Policy & Risk Framework Governance

• • Conduct periodic reviews of internal risk management guidelines.
  • Update policies and procedures to reflect regulatory changes, industry best practices, and Head Office instructions.

5. Operational Risk Oversight

• • Supervise the Operational Risk Manager in performing risk assessments in areas such as:
  • Self-Assessment of risk controls
  • Outsourcing arrangements
  • Related-party transactions
  • Professional investor classification
  • Business Continuity Management (BCM)
  • Basel II/III implementation (BIA)
  • Act as backup lead for operational risk management when required.

6. Advisory & Risk Support

• • Provide guidance and advisory to the Singapore Branch staff on risk-related matters.
  • Handle queries from internal teams, Head Office, and regulators.

7. Audit & Compliance Coordination

• • Respond to audit queries and compliance reviews from:
  • MAS and other regulators
  • Internal Audit
  • External auditors
  • Ensure corrective action plans are executed and tracked

Key Achievements Expected:

• • Maintain a high-quality credit portfolio with minimal credit losses.
  • Deliver timely, accurate, and insightful internal and regulatory reporting.
  • Implement robust credit risk models, stress testing, and ESG frameworks.
  • Support sustainable business growth while balancing risk and return.

Required Skills & Experience:

• • Education: Bachelor’s degree in Finance, Accounting, Economics, Risk Management, or related discipline.
  • Experience: At least 10 years of risk management experience in the banking sector, covering:
    • Credit portfolio management
    • Operational risk management
    • Climate risk reporting
  • Regulatory Knowledge: Strong understanding of MAS regulations and risk frameworks in Singapore.
  • Advantage: Experience in market risk management will be considered a strong plus.
  • Skills & Competencies:
    • Strong analytical and problem-solving skills
    • Excellent communication and interpersonal skills
    • Ability to interact with senior stakeholders and Head Office in Taiwan
    • Adaptable and able to manage in a dynamic regulatory and business environment

Educational Qualifications:

• • Bachelor’s degree in Business, Finance, or related field; advanced professional certifications in credit risk or finance preferred.

Why Join This Role:

This is a high-impact leadership opportunity to shape the Risk Management function in a growing financial organization. The role offers direct engagement with senior management, exposure to strategic decision-making, and the chance to implement innovative risk and ESG frameworks while supporting sustainable business growth.

If you’re ready to take on a leadership role in risk management , apply now, send your CV to [email protected] .

Alternatively, feel free to share this opportunity within your network.

Please note that only shortlisted candidates will be notified.

Talentvis Singapore Pte Ltd - EA License No: 04C3537

EA Personnel: Reggie Tiongson - EA No: R1324767