Managing Director – Chief Risk Officer

Job description

​Our client is an International Bank with a focus in building up their presence in Asia. The bank has the whole suite of banking services ranging from wealth management across to global banking.

Singapore is an important HQ for the regional expansion and the client is now in the process of looking for a Chief Risk Office (CRO) – Managing Director

As the CRO, you will be responsible for leading the development, implementation, and management of a comprehensive risk management framework to protect the bank from various types of risks. You will be responsible for identifying, measuring, monitoring, and reporting on all risks that could potentially affect the bank's financial performance and reputation.

Key Responsibilities:

• Develop and implement a risk management framework that is aligned with the bank's strategic objectives and regulatory requirements.

• Ensure that the bank's risk management policies and procedures are up-to-date and in compliance with relevant laws and regulations.

• Establish and maintain a risk appetite framework that defines the level of risk the bank is willing to accept in pursuit of its strategic objectives.

• Oversee the identification and assessment of all types of risks that could impact the bank, including Operational Risk, Credit risk and Market risk

• Develop and implement risk mitigation strategies to minimize the impact of identified risks on the bank's financial performance and reputation.

• Monitor the bank's risk exposures and report on risk metrics to senior management and the board of directors on a regular basis.

• Ensure that the bank has adequate risk management tools and systems in place to effectively manage and monitor all types of risks.

• Develop and maintain strong relationships with key stakeholders, including regulators, auditors, and rating agencies.

• Provide leadership and guidance to the bank's risk management team to ensure that they are effectively managing risks across the organization.

• Act as the primary point of contact for risk-related issues with the bank's board of directors and senior management.

Qualifications:

• Bachelor's or Master's degree in business, finance, economics, or a related field.

• At least 15 years of experience in risk management concentrated in NFRM in the banking industry, with a minimum of 5 years in a leadership role.

• Strong knowledge of banking regulations and risk management practices.

• Excellent analytical and problem-solving skills.

• Ability to communicate complex risk concepts to both technical and non-technical stakeholders.

Interested applicants, please contact Su Yi at SuyiC@charterhouse.com.sg for a confidential discussion.

Only shortlisted applicants will be notified.