Title:  AVP, Risk & Assurance

Job ID:  19708
Location: 

ST Engineering Hub, SG

Description: 

Risk and Assurance Senior Manager/AVP

We are looking for a highly-driven and motivated Governance, Risk and Compliance (GRC) professional to join the Group Risk and Assurance team in Singapore.  Reporting to Vice President, Risk and Assurance, this is a critical role as a trusted business partner and subject matter expert in risk identification and mitigation, and to drive adherence to controls.  This role will also support one of the Group’s Business Area and its local and overseas businesses.   

 

Key Responsibilities

 

  • Develop/implement a strategic risk management programme, ensuring forward-looking assessment and mitigation of key risks across the Group.
  • Conduct periodic thematic risk reviews and support key risk scenario analysis to deliver timely and actionable insights, enabling proactive mitigation strategies and informed decision-making.
  • Lead the aggregation of key risks across business units by establishing uniform methodologies and consolidating risk data for comprehensive enterprise risk reporting.
  • Continuously monitor and report on key risk trends by analysing information from thought leadership reports, competitor analysis, and internal data points to inform risk strategy.
  • Collaborate with stakeholders to support other Group-level risk initiatives, including business resilience planning, regulatory compliance projects, and integrated opportunity and risk management programmes
  • Identify potential risk, compliance and control weaknesses and develop/ implement corrective action plans to resolve systematic issues, and provide guidance including case studies to strengthen proactive risk identification, mitigation and reporting by business operations and project teams
  • Work with the Business Area Management and risk owners to review their key risks and inline controls whilst ensuring that they operate within established risk tolerance limits and comply with applicable laws and regulations
  • Ensure appropriate and insightful risk reporting including reporting to the Risk Committee and development and monitoring of KRIs.
  • Create and maintain appropriate key risk indicators (KRIs) and trigger limits to track the trends in risk exposures.
  • Initiate and coordinate the Control Self-Assessment (CSA) exercise for evaluating the effectiveness of internal controls and follow up with risk owners/business control owners for timely remediation of identified control weaknesses
  • Support the Business Area in preparing periodic dashboards for reporting of risk incidents, CSA results and exceptions
  • Implement/apply data analytics and technology tools and techniques to effectively monitor and detect anomalies, risk identification/indicators and process improvements
  • Monitor changes in business processes, information systems, management and operations, and coordinate with operations to ensure mitigation of control risks
  • Assist with GRC implementation, reporting and training within the business, and ad hoc projects and initiatives
  • Work with the Business Area to identify key risks arising from sustainability trends and developments, including climate change and implement appropriate mitigating controls
  • Be an effective business partner in striking an optimal balance between business needs/ performance and compliance

 

 

Job Requirements

  • Degree in Engineering, Business, Finance or Accounting
  • Minimum 8-12 years of experience in a role that involves organisational risk and control management
  • Excellent facilitation, collaboration, presentation and communication skills, with the ability to interact with senior management and stakeholders as well as operational levels of staff
  • Experience working with cross-functional stakeholders located locally and overseas by managing, coaching and supporting them on enterprise risk management and process control management.
  • Experience in continuous monitoring of risks and control weaknesses
  • Experience with SAP ERP, dashboard, data analytics and technology tools and techniques for monitoring and reporting of risks and control weaknesses
  • Meticulous and able to manage stakeholders efficiently
  • Able to manage change and conflicting priorities
  • Able to work independently, multi-task and prioritise work accordingly
  • Experience in and knowledge of technology/cyber/defence industry is an added advantage