Manager - Risk, Private Bank

Define your future at HL Bank Singapore Functional (job responsibilities) Risk Governance & Framework Management ·       Focuses on establishing and maintaining the overall risk structure, policies, and adherence to the firm’s risk standards. ·       Assist in assessing enterprise-wide risk management requirements within the PB business and support adherence to respective risk management policies. ·       Coordinate risk management methodologies and plans in PB businesses. Support the development or improvement of existing risk management programs and techniques to achieve consistency and efficiency. ·       Support the monitoring of PB’s risk appetite thresholds and coordinate with respective business units to ensure collective compliance within group risk tolerances.   Risk Control & Advisory (Suitability, Product & Conduct) Daily Transaction & Suitability Oversight: Conduct independent daily review of the sales process, investment suitability, and advisory activity. Review and analyze exception reports (e.g., suitability, transactions) and Relationship Manager (RM) communications to ensure full adherence to the accredited investors risk framework and policies. Operational & Conduct Risk Management: Manage and investigate operational incidents (e.g., error trades, misconduct), ensuring prompt root cause analysis and the completion of control enhancements. Identify, assess, and monitor emerging operational and conduct risks on a continuous basis, ensuring timely escalation. Perform focused risk assessments (deep-dives) on high-risk processes, such as complex transactions and client onboarding/wealth transfer.   Client & Product Risk Oversight: Review new/ variations of products and services to ensure all associated risks (legal, operational, suitability) are identified and mitigated before launch. Act as the primary 2LoD contact for the PB business, providing immediate, practical guidance on risk limits and non-standard client activities.   Risk Monitoring, Analytics & Reporting Focuses on data management and meeting internal and external reporting mandates. Conduct thorough analysis of risk information and prepare consolidated, concise summaries and dashboards for senior management and risk committees Track and monitor PB’s risk exposure and coordinate with business units to ensure effective Proactive Risk Management and adherence to risk limits. Act as the primary risk point of contact for the PB business. Support internal and external audits and regulatory inspections by providing necessary documentation and explanations Support in any other risk management tasks as and when required by the Management.   Managerial (team/group responsibilities) Collaborate effectively with functional stakeholders and risk management teams/Head of HLBS Risk Management Contribute to fostering a culture of continuous learning and quality within the team.   Organizational (organizational…