Career Opportunities

We are seeking a highly experienced and driven Operational Risk professional to take the lead of day to day ownership of Operational Risk management across the APAC region. This pivotal role involves overseeing and managing all aspects of Operational Risk, with a focus on hands-on proactive risk management, and ensuring the identification, assessment, and mitigation of risks across all business functions. The successful candidate will be responsible for continuously improving risk processes, owning risk registers, managing risk assessments, overseeing control effectiveness, and advising the business on decisions in relation to the operating environment as required for a reduction in operational risk.

As a leader in the region, you will promote a strong risk culture and drive engagement with key stakeholders across various business disciplines. This is a highly visible role that requires the development of successful, supportive relationships and the ability to work collaboratively with senior leadership and teams. The ideal candidate will be hands-on, proactive, and anticipatory, with a strong drive to deliver value and the ability to operate independently while influencing outcomes.

Duties:

• Risk representative for Operational Risk in the region, point person for all Operational Risk matters in APAC.
• Risk Registers: Develop comprehensive regional Risk Registers and end-to-end process mapping through collaboration with regional business partners to identify potential risks, implement effective controls,
• Risk and Control Assessment: Refine existing risk and control assessments ensuring validation and remediation of operational risk exposures and related control gaps. Develop and evaluate the design and effectiveness of controls and provide timely and in-depth analysis to Senior Management. This includes challenging management actions to remediate control gaps or weaknesses and track through to closure. Ensure accurate reflection of risk and control information within Risk Registers by providing rigorous challenge where appropriate.
• Operational Risk Management: Manage and contribute to the process for evaluating and rectifying operational risk incidents, ensuring swift resolution of the incident and that client interest is central to the process, capturing root causes, lessons learnt, ensuring actions for future risk mitigation are implemented and relevance to other business areas or processes is considered.
• Broker Errors: Daily management of Broker Losses and reporting to help drive down total value, volumes and learn lessons.
• Governance: Stakeholder at relevant regional risk governance Boards, Committees, and governance forums. Lead risk management presence and content for such forums, ensuring comprehensive oversight and identification of operational risk trends. Responsible for creation of regional Operational Risk reporting for governance forums.
• Risk Reporting: Preparing and presenting detailed risk reports / dashboards / metrics to senior management and stakeholders, highlighting key risk areas and recommended actions.
• Trend Analysis: Identify and analyze operational risk trends to inform strategic decision-making.
• Continuous Improvement: Providing thoughtful and collaborative leadership promoting risk transparency and business unit-level ownership and accountability over operational risk and control environments, fostering continuous improvement.
• Risk Aware Culture: Promoting Oaktree’s risk aware culture, serving as the subject matter expert on operational risk initiatives. Identifying, initiating, and fostering relationships with business and operational partners to promote a culture of continuous improvement, driving constructive communication with the ORM team.
• Regulatory Compliance: Ensuring compliance with relevant jurisdictional regulatory requirements, expectations and industry standards related to risk management
• Horizon Scanning: Emerging risk scanning to identify disruptors in the external environment and losses which may lead to the identification of new risks.
• Framework Enhancement: Ongoing development of the Operational Risk Framework and roll out of individual components.
• Change/New Initiatives: Contribute to change initiatives by reviewing new proposals, assessing their impact on the existing environment, and offering guidance and constructive challenge as needed. Working with business partners to understand strategic objectives and evaluate impact to existing operating environments.
• The Company may require you to carry out other duties from time to time

Candidate Skills & Experience:

• 6+ years of operational risk management (1LOD/2LOD), enterprise risk management and/or related experience required; experience in the investment management industry preferred.
• Experience facilitating top-down and bottom-up risk assessments, focused on existing and emerging risk areas.
• Practical experience with Basel, COSO, ERM, risk and control self-assessment tools, methodologies and concepts.
• Outstanding verbal and written communication skills to work cross-functionally and at all levels internally.
• Proven capability in collecting and analyzing complex data, evaluating information and systems and drawing logical conclusions.
• Track record in planning and project management and in maintaining composure under pressure while meeting deadlines.
• Strong skills in resolving problems and negotiating issues.
• Highly organized and able to manage multiple projects with differing priorities to meet deadlines.
• Experience in governance, risk, assurance, compliance, or internal control roles in Financial Services.
• Strong technical risk and control knowledge.
• Good knowledge of Framework methodology and practice.
• Ability to work very collaboratively within a global team. Confident working independently and remotely from your team members. 
• Demonstrable knowledge of assurance, controls models and corporate governance frameworks.
• Applying sound judgment in the evaluation of risks and controls; Challenging the assumptions and conclusions of more experienced staff members;
• Facilitating insightful conversations to ensure appropriate consideration and evaluation of risks;
• Performing effective root cause analysis to identify control gaps and weaknesses and recommending appropriate corrective course of action;
• Collaborating with business managers to promote an effective risk management culture by proactively identifying areas of operational risk;
• Strong team worker and able to take initiative to scope and lead enhancement work;
• Effective report writing and oral communication skills, including the ability to communicate complex requirements simply and to translate them into viable business practices and procedures;
• Innovative/creative and passionate about driving cultural change.
• Self-starter with a positive and proactive attitude.
• Strong organizational and time management skills, as well as ability to work under pressure.
• Proactive problem-solver who is determined at chasing down actions and resolutions to completion.
• Strong Excel, Word, PowerPoint skills and experiences in the use of internal IT systems.
• Use of a GRC and Power BI tools desirable.
• Able to balance commercial and regulatory requirements.
• Relevant professional designation desirable.