About this role

VP, Data Risk, Risk Management Group

Apply

locations

Singapore - Central

time type

Full time

posted on

Posted Yesterday

job requisition id

WD89811

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

Reviews Data risks and control effectiveness across the Group
Perform independent Line 2 reviews for data risks and control effectiveness
Conduct regular risk assessments and reviews of existing Data 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.
Report review findings to management and committees
Contribute to the overall data risk landscape assessment for the Group
Track remediation of identified data issues from Line 2 reviews and ensure action plans are adequate
Work closely with Data Risk team members in Group and locations to keep abreast of emerging data risk issues
Support articulation of data risk issues, incidents, and control gaps
Contribute and participate in data governance projects where required
Participate in industry forums and share best practices to stay abreast of emerging trends in Data risk management.

Requirements

Experience (8+ years) in risk management or audit, with a strong focus on Data risk.
Keen awareness of risk and control concepts and experience in performing control testing
Strong knowledge of relevant regulations and industry best practices related to Data risk management frameworks.
Excellent communication, presentation, and interpersonal skills
Strong report writing skills, with ability to articulate key issue findings, risk impact and root cause analysis
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 DCAM (Data Management Capability Assessment Model, other Data Governance related certifications are preferred.

Location

DBS Asia Central

Job: Risk Management

Schedule: Regular

Employee Status: Full time

Why join us?

DBS is more than a bank —

we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world.

About Us

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

VP, Data Risk