DBS Bank - Senior Associate/AVP - IT Risk Management

Job Purpose

This is to manage risks for LOBTs acting as Line 1 risk manager

Key Accountabilities:

- Assist Line of Business Technology in managing technology and operational risks

- Drive and ensure regulatory compliance for the LOBT

- Liaise and co-ordinate audit activities involving the LOBT

- Issue & Action management for LOBT including is impacted (across external and internal audits and reviews and excluding IT Information Security) and action planning.

- Engagement across Technology verticals, Operations, Business, Compliance to prioritize, plan, act, prove, close all open findings within committed timelines.

- Scan regulatory requirements, circulars to ensure forward planning and execution for compliance. This includes Singapore and India regulatory requirements.

- Prepare, maintain and conduct control testing for units Risk Control Self Assessments (RCSAs)

- Outsourcing Risk assessment for the LOBT

- Monitor risk issues and incidents for LOBT.

Job Duties & responsibilities:

- Liaise with stakeholders within and outside DBS, including at Group level to have a comprehensive view of all Technology Risks.

- Engage with Technology verticals and others as appropriate within DBS, to progress on closure of all open points.

- Engage with Compliance, understand the regulatory requirements at country and group level, and add these to the action points which Technology must ensure.

- Early identification of execution challenges in risk mitigation actions and being an effective catalyst with Technology teams and seniors to resolve bottlenecks such as cost or resource approvals, conflicting priorities.

- Risk assessment for LOBT covering partners, external environment and identify potential risks such as relating to scale-preparedness, DR & BCP support for the organization, code quality in terms of testing and deployment governance.

- Regular updates as per agreed rhythm, and fronting dialogues with stakeholders/LOBT, to highlight process on Risk Management and Risk Mitigation.

- Liaise with relevant departments to ensure awareness of Technology Risk within the DBS India Technology Team, and partner for this awareness across DBS India.

- Liase with Line of Business Risk in the region and co-ordinate efforts for the LOBT landscape used by India.