Vice President, Asia Growing Markets Department - Strategic Planning Group 2

Sumitomo Mitsui Banking Corporation

  • Singapore
  • Permanent
  • Full-time
  • 13 days ago
Job Responsibilities
  • Assess, monitor and ensure robust framework for risk and controls in the business and operations of overseas subsidiaries including alignment of Risk Appetite Framework of subsidiaries with Head Office.
  • Responsible for Credit risk management including monitoring, investigation, and escalation of breaches.
  • Formulate and implement Credit risk management framework for subsidiaries that are aligned with Head Office's risk management framework and requirements.
  • Evaluate the effectiveness of Credit risks related internal control mechanisms and processes and ensure effectiveness.
  • Perform analysis and prepare risk reports related to credit, liquidity and market risks for internal stakeholders.
  • Manage various head office reporting activities including coordination of submission from overseas subsidiaries.
  • Promote effectiveness of internal controls by implementing continuous improvement measures in banking functions.
  • Ensure timeliness and accuracy in reporting and providing periodic concise/risk-focused input and updates to senior management on audit and internal control related matters.
  • Monitor achievement of key performance indicators and promote effectiveness in risk and control environments.
  • Manage strategic projects as such as participating in due diligence processes and project management during post-merger integration.
Job Requirements
  • Bachelor's degree with min. 5-7 years working experience in the banking sector with experience in dealing with issues related to risk management, governance, and compliance.
  • Possess sound knowledge in risk management, especially in credit risk management and control issues will be desirable.
  • Subsidiary management experience in terms of risk management and control implementation required.
  • Familiarity and experience with regulatory reporting requirements and consolidated reporting standards in Japan will be an advantage.
  • Experience in tasks related to risk reporting, analysis and process improvement for internal and regulatory reports.
  • Experience in early issue identification and analysis and implementation of solutions ranging from risk control mechanisms and frameworks including evaluation of corrective actions will be an advantage.
  • Strong analytical skills supported by good problem solving and logical reasoning capabilities.
  • Excellent organizational skills and time management with the ability to process multiple tasks simultaneously with attention to detail, and ability to work independently.
  • Proactive with adaptability to change, and ability to implement innovative and value-adding solutions with a strong drive for continuous improvement in strengthening quality of controls.
  • Strong interpersonal and communication abilities (verbal and written) including excellent presentation skills, effective cross-cultural communication, and stakeholder management capabilities.
  • Proficiency in both English and Japanese is highly preferred as this role needs to prepare reports in Japanese for reporting to Head Office in Japan. This role also needs to present and communicate with stakeholders and counterparts in Tokyo Head Office who mainly communicate in Japanese.

Sumitomo Mitsui Banking Corporation