Job Information
EDC Advisor/Senior Advisor, 1B Compliance and Operational Risk Manager (Indo-Pacific) (Level 3/4) in Singapore, Singapore
Advisor/Senior Advisor, 1B Compliance and Operational Risk Manager (Indo-Pacific) (Level 3/4) - 0004TU
Posting Date: Sep 4, 2024, 10:15:15 PM
Primary Location: Singapore-Singapore
Job Type: Permanent
Schedule: Full-time
Description
EDC is Canada’s export credit agency, offering information, knowledge and innovative commercial solutions to help Canadian exporters and investors expand their international business. We take on risk so Canadian businesses can take on the world.
When you join our team, you’ll be helping Canadian companies bring their vision, passion and innovation to the global marketplace. Your knowledge and expertise will support more than 13,000 Canadian companies and their customers in as many as 200 markets worldwide. You’ll work shoulder-to-shoulder with the best and brightest in an inclusive, collaborative environment that fosters professional development and success. And you’ll know that you’re making a difference every day—for companies, for Canada and for the people you work with.
Year after year, EDC has been recognized as a Top 100 and Top Family-Friendly Employer in Canada.
The EDC branch office in Singapore serves as a hub for the Asia Pacific region. The branch allows us to support our Asia Pacific and Canadian customers more effectively as they go, grow and succeed internationally.
Team & Job Overview
We are seeking a motivated and resourceful Advisor or Senior Advisor who will fulfill a new 1B line of defense role in managing compliance and operational risks for the Singapore branch. The role will be supported through close collaboration with the head office Compliance Risk Management team (CRM) in Ottawa. CRM is the second line of defense responsible for overseeing and managing compliance risk across EDC’s operations, including foreign jurisdictions and subsidiaries. The Singapore branch is a first line of defense team that supports EDC’s commercial solutions with an Asia Pacific connection.
Responsibilities:
Develop and implement compliance and operational risk management strategies for the Indo-Pacific region.
Implement and maintain up to date processes, procedures, guidelines and job aids to implement corporate risk requirements.
Conduct periodic quality assurance testing to ensure compliance and operational risk controls are effective.
Monitor and assess compliance with regulatory requirements, internal policies, and industry standards.
Conduct risk assessments to identify and prioritize compliance and operational risks specific to the region.
Collaborate with business units to ensure risk mitigation measures are effective and aligned with organizational goals.
Provide guidance and training to staff on compliance and risk-related matters.
Stay informed about regional regulatory changes and industry trends.
Prepare and present risk reports to senior management and relevant committees, including periodic quality assurance reports.
Serve as a contact person to help respond to requests for information and assist with reviews and the monitoring and testing activities of Internal Audit, Risk Management functions, and any other regulatory authority impacting the business lines and units under his/her responsibility.
Contribute to the development and enhancement of risk frameworks and policies.
Maintain a dotted line reporting relationship to the second line of defense to ensure transparency and collaboration in risk management activities.
Screening Criteria:
Bachelor’s degree in finance, business, or related field.
Professional certifications such as CRCM, CAMS, or equivalent.
Minimum 5- 7 years of experience in compliance and operational risk management within the financial services sector.
Strong understanding of the Indo-Pacific regulatory landscape and cultural nuances.
Excellent communication and stakeholder management skills.
Ability to work independently and collaboratively across geographies.
Proficiency in risk assessment tools and software.
Salary range
Level 3: $81,016 (SGP$6,751 per month) - $121,368 (SGP$10,114 per month) performance-based incentive.
Level 4: $97,240 (SGP$8,103 per month) - $145,808 (SGP$12,150 per month) performance-based incentive.
Location
- Please be advised that this position is based at our Singapore branch office located at the Marina Bay Financial Centre, Singapore.
Eligibility
EDC is committed to Fair Employment Practices and preference will be given to a candidate who is able to work legally in Singapore at the time of application (Singapore Citizens or Permanent Residents). Candidates must meet the requisite government security screening requirements.
The position is open to those who meet all of the essential requirements stated above and whose applications are received by the closing date.
EDC's Commitment to Employment Equity
- EDC is committed to employment equity and achieving a diverse workforce. EDC actively encourages applications from women, Aboriginal peoples, visible minorities, persons with disabilities and members of the 2SLGBTQI community. If selected for an interview, please advise us if you need any special accommodation.
How to apply
Only candidates selected for an interview will be contacted. : Application deadline : Sep 20, 2024, 11:59:00 PM EDC is committed to employment equity and actively encourages applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation. Candidates must meet the requisite government security screening requirements. :
Req ID: 0004TU