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Urgent! AVP/ VP: Data and AI Risk, Risk Management Group Job Opening In Singapore, Singapore – Now Hiring DBS Bank
Business Function Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks.
We provide independent review and challenge to the business to ensure that appropriate balance is considered in risk/return decisions.
In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank.
To manage risk effectively and deliver strong financial performance, we invest significantly in people and infrastructure.The role is within the Data and AI Risk team in RMG and will be responsible for developing and maintaining a comprehensive risk management framework for Data and AI initiatives across the bank, ensuring alignment with regulatory requirements and industry best practices.Responsibilities: * Develop and maintain a comprehensive risk management framework for Data and AI initiatives across the bank, ensuring alignment with regulatory requirements and industry best practices.
This includes identifying, assessing, mitigating, and monitoring risks related to data governance, data security, data architecture, AI governance, algorithmic bias, and AI explainability.* Develop and implement Data and AI Risk Management Policies and Standards on a Groupwide basis.* Participate in the assessment of new Data and AI initiatives, providing risk-based recommendations and challenging proposals to ensure appropriate controls are in place before deployment.* Conduct regular risk assessments and reviews of existing Data and AI systems and processes, identifying vulnerabilities and recommending improvements to strengthen controls and reduce risk.
Including the reviews of data quality monitoring processes, assessment of data KRIs to ensure potential risks are addressed.* Maintain a strong understanding of emerging Data and AI risks and regulatory developments, proactively identifying and addressing potential threats.* Collaborate closely with Data Management Team, Business Units and Support Units (Bus/SUs), Technology related units to embed risk considerations into the Data and AI lifecycle.
Perform Line 2 advisory support to Line 1 BU/SUs to address Data and AI related queries/ concerns in their initiatives and processes.* Contribute to the development and implementation of the bank's overall risk appetite for Data and AI.* Prepare and present regular reports to senior management on Data and AI risk issues and mitigation strategies.* Participate in industry forums and share best practices to stay abreast of emerging trends in Data and AI risk management.Requirements: * Experience (8+ years) in risk management, with a strong focus on Data and AI risk.* Proven experience in developing and implementing risk management frameworks and methodologies.* Strong knowledge of relevant regulations and industry best practices related to Data and AI risk, and model risk management frameworks.* Excellent communication, presentation, and interpersonal skills, with the ability to effectively communicate complex technical information to both technical and non-technical audiences.* Strong analytical and problem-solving skills, with the ability to identify and assess risks effectively.* Bachelor's degree in a relevant field (e.g., Accounting, Banking, Computer Science, Engineering, Mathematics, Statistics).
Relevant certifications such as CRISC (Certification n Risk and Information Systems Control), CISM (Certified Information Security Manager), or other related certifications are preferred.-en
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Unlock Your AVP VP Potential: Insight & Career Growth Guide
Real-time AVP VP Jobs Trends in Singapore, Singapore (Graphical Representation)
Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph below. This graph displays the job market trends for AVP VP in Singapore, Singapore using a bar chart to represent the number of jobs available and a trend line to illustrate the trend over time. Specifically, the graph shows 1950 jobs in Singapore and 1892 jobs in Singapore. This comprehensive analysis highlights market share and opportunities for professionals in AVP VP roles. These dynamic trends provide a better understanding of the job market landscape in these regions.
Great news! DBS Bank is currently hiring and seeking a AVP/ VP: Data and AI Risk, Risk Management Group to join their team. Feel free to download the job details.
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An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at DBS Bank adheres to the cultural norms as outlined by Expertini.
The fundamental ethical values are:The average salary range for a AVP/ VP: Data and AI Risk, Risk Management Group Jobs Singapore varies, but the pay scale is rated "Standard" in Singapore. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.
Key qualifications for AVP/ VP: Data and AI Risk, Risk Management Group typically include Other General and a list of qualifications and expertise as mentioned in the job specification. Be sure to check the specific job listing for detailed requirements and qualifications.
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Before the Interview:To prepare for your AVP/ VP: Data and AI Risk, Risk Management Group interview at DBS Bank, research the company, understand the job requirements, and practice common interview questions.
Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the DBS Bank's products or services and be prepared to discuss how you can contribute to their success.
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