Risk Management Officer (Financial Institute)

About Company: Our client is a Japanese financial institution, established in 1878. They provide banking services such as deposits, loans, and exchange transactions. Job Description: - Support the implementation and maintenance of risk management framework, policies, and procedures - Prepare materials committees (Credit, ALM, and Operational Risk) and act as secretariat for these committees - Monitor key risk indicators, risk limits, and risk appetite metrics, and escalate breaches or emerging risks as appropriate - Update daily monitoring reports, including VaR, bond evaluation, FX positions, and fixed interest rate positions - Manage outsourcing risks in accordance with MAS regulations, and support outsourcing registers, due diligence documentation, periodic reviews, and related regulatory reporting - Assist in coordinating business continuity planning (BCP) activities, including testing, documentation updates, and follow-up of action items - Monitor regulatory developments and assist in assessing their impact on the Bank’s risk management framework - Oversee the Policy & Procedure (P&P) lifecycle, initiating reviews and managing updates - Perform Expected Credit Loss (ECL) calculations and related monitoring in accordance with applicable accounting standards and internal policies - Perform MAS rating and related documentation - Maintain and update credit files and related credit documentation - Support internal and external audits, regulatory inspections, and follow-up remediation activities - Perform other duties as assigned by the company Job Requirements: - Bachelor’s Degree in Business, Risk Management, Accounting, or a related field - At least 2 - 5 years of experience in risk management, audit, or banking operations within a financial institution - Solid understanding of MAS regulations and risk management principles - Proficiency in Microsoft Excel and Word - Excellent communication and interpersonal skills, flexible and with the ability to articulate issues clearly to management - A team player with a proactive, positive and cheerful disposition - Proficiency in Japanese language is a strong asset to liaise with Japanese-speaking stakeholders, but not mandatory Compensation: - Work location: Central, Singapore - Working hours: Monday to Friday 8:30am - 5:30pm - Flexible work arrangement - Performance bonus - Annual leave and Medical leave - A career opportunity to work with an international, legitimate and authorized financial institution that fully regulated by MAS - Provides a strong job security and a stable, employee-focused environment