Product Risk Execution Manager

We are seeking a Product Risk Execution Manager to join our Global Payments Solutions (GPS) team in Hong Kong or Singapore.

The Product Risk Execution organisation is a strategic function that enables Responsible Growth by developing best practices, streamlining processes, and supporting product managers with expertise and specialization on all aspects of product risk management.

Responsibilities:

• Direct report to the Global Head of GPS Product Risk Execution, matrix report to APAC Treasury Product Head.
• Enable execution of risk management across the APAC Treasury Product teams in 12 APAC markets.
• Senior deputy on risk matters for the APAC Treasury Product Head, including engaging with all regional product heads & country product heads on key risks and escalating matters to the APAC Treasury Product Head and Global Head of GPS Product Risk Execution as and when needed.
• Engage and influence across senior leaders of various control partners such as Business Controls, COO, Global Banking Risk, Global Financial Crimes Compliance (GFC), Global Compliance and Operational Risk (GCOR), and other key stakeholders such as Operations & Technology on GPS risk matters.
• Manage regular routines with Product executives & other partners to identify and review current open issues, watch items, upcoming regulations & new product initiatives pipeline.
• Advise and QA development of Product Intake assessments, Product Risk Assessments (PRAs), Single Process Inventories (SPIs), Issue documentation, action plans, closure documentation and other Risk deliverables based on inputs from PMs and in line with the enterprise expectations.
• Support SPI owners on risk & controls assessment including identifying processes, and providing advisory on creation and updates of SPIs.
• Advise, when needed, on regulatory change management, timely assessments, past due items and escalations in alignment with the international regulatory change management process.
• Advise Product Managers, when needed, on responding to audit’s questions and requests for information, Targeted Risk Assessments (TRAs) from 2nd line (GCOR / GFC etc) or regulatory engagements.
• Monitor key risk indicators across GPS products, including key control metrics, operational losses, client related complaints, and issues management.

Required Skills:

• Proven experience in both Transaction Banking product management and risk management.
• 3+ years Transaction Banking / Cash Management product management or product development experience, preferably with a Payments background.
• 3+ years risk management experience in business controls/ operational risk/ compliance/ financial crimes/ Audit/ Sanctions/ AML.
• Experience in managing discussions with internal Audit/ Compliance/ external Regulators.
• Experience of leading and executing large scale projects across cross-functional partners within a large, global financial institution.

Desired Skills:

• Familiarity with APAC banking & payments regulatory environment.
• Familiarity with Sanctions related regulations/impacts relevant to Transaction Banking.
• Familiarity with upcoming alternative payment methods in the market and regulations.
• Proven ability to work in a demanding, fast-paced global environment, with flexibility towards rapid change.
• Motivated self-starter who can act independently and drive execution, follow through with tasks and commitments, and retain sensitivity to when group consensus is required.
• Must be able to leverage cross-functional, globally disbursed, teams to prioritize, plan and execute, while retaining the agility to adapt to changing priorities.
• Ability to wade through details and complexity, yet return high-level simplicity for senior management, and ultimately recommend workable solutions.
• Drive alignment via strong and efficient facilitation and presentation capability, synthesizing multiple inputs into a cohesive approach.
• Ability and desire to think creatively to deliver business results both independently and as part of a team.
• Intellectually curious, confident, and passionate in communication and work-ethic, energized by continuous improvement and challenging the status quo.
• Excellent interpersonal, communication (written and verbal) and relationship-building skills across all levels of an organization.