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 responsibilities)

- Demonstrate the Group Values at all times.

About HL Bank Singapore
HL Bank Singapore is the Singapore branch of Hong Leong Bank, a premier regional financial services leader headquartered in Malaysia with a rich heritage of over 120 years. Listed on Bursa Malaysia and a key member of the extensive Hong Leong Group, we operate a robust network of approximately 250 branches across Malaysia, with a strategic regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.

As a Full Bank in Singapore, we serve as a vital hub for the Group’s regional ambitions. A cornerstone of this strategy is our sophisticated "advisory-first" wealth proposition through HLB Private Bank and HLB Priority . By combining our deep Asian market roots with a landmark strategic alliance with Swiss private bank Lombard Odier, we provide world-class wealth architecture and bespoke solutions for our clients.

Beyond our wealth focus, we deliver excellence through four core business pillars: Business & Corporate Banking, Personal Financial Services, Private Wealth Management, and Global Markets . This "Integrated Approach" allows our talent to collaborate seamlessly across segments, ensuring we effectively meet the multifaceted needs of high-net-worth individuals, business founders, and corporate enterprises alike.

At HL Bank Singapore, our people are central to our success, and as a recognized Human Capital Partner (HCP) by TAFEP, we are committed to progressive workplace practices and your professional development. We seek digitally inclined, customer-centric performers who thrive in a technology-focused environment, where we empower our teams with AI-enhanced tools and next-generation platforms to lead the industry. As part of a large, diversified conglomerate, we offer unrivaled opportunities to explore new grounds and build a challenging career path within a rapidly expanding regional landscape. Join us to be part of a proven value-creation story and shape the future of your own story at HL Bank Singapore.