Senior Executive, Investment Control

income insurance limited

1-3 Years

Singapore

Posted 6 days ago
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Job Description

Key Responsibilities

JOB DESCRIPTION

Operational Risk & Control Framework
Support the implementation and maintenance of investment operational risk frameworks
Assist in identifying, assessing, and monitoring key operational risks across IVS functions
Track incidents, issues, and remediation actions, ensuring timely closure and proper documentation
Maintain control logs and ensure adherence to internal policies and procedures
RCSA (Risk & Control Self-Assessment)
Support the execution of periodic RCSA exercises across IVS teams
Work with stakeholders to document key risks, controls, and control effectiveness
Assist in identifying control gaps and tracking remediation plans
Prepare dashboards and summaries for management reporting
Compliance Risk Assessment
Lead and maintain the Compliance Risk Assessment (CRA), ensuring it is risk‑based, current, and aligned with regulatory expectations.
Identify, assess, and document inherent and residual compliance risks, including evaluating the effectiveness of existing controls.
Maintain the compliance risk register, risk ratings, and supporting documentation, ensuring clear rationale and audit readiness.
Partner with Compliance, Risk and Legal to validate risk assessments and assess regulatory impact of business changes.
Translate CRA outcomes into monitoring plans, management reporting, and remediation actions, and support audits and regulatory reviews.
Internal Audit Support
Act as the primary point of contact for Internal Audit, coordinating all audit‑related engagements impacting the business unit.
Manage and coordinate audit requests, including timelines, information gathering, and responses across relevant stakeholders.
Review and quality‑check documentation and responses prior to submission to Internal Audit, ensuring accuracy, completeness, and consistency.
Facilitate audit meetings, walkthroughs, and discussions, and proactively address queries raised by Internal Audit.
Track and coordinate audit findings, action plans, and remediation efforts, including follow‑up and reporting on progress to management.
MAS Outsourcing & Vendor Oversight
Support outsourcing due diligence and ongoing monitoring in line with MAS guidelines
Assist in reviewing service providers (e.g., custodians, fund administrators) on performance, controls, and compliance
Maintain outsourcing registers, documentation, and review schedules
Track and follow up on audit findings and service review action items
Operational Due Diligence (ODD) Support
Assist in conducting ODD on external fund managers and service providers
Review due diligence questionnaires, financials, and control reports (e.g., SOC1/SOC2)
Support periodic reviews and updates of ODD assessments
Maintain proper documentation and audit trail of all ODD activities
Portfolio Compliance Monitoring
Perform daily/periodic portfolio compliance checks against investment guidelines and regulatory limits
Investigate and escalate breaches, working with relevant stakeholders on resolution
Maintain compliance monitoring logs and ensure timely reporting
Support enhancement of compliance monitoring processes (including automation initiatives)
Governance & Reporting
Prepare regular risk, compliance, and control reports for internal stakeholders (e.g., CIO, Risk, Audit)
Support regulatory reporting requirements where relevant (e.g., MAS-related submissions)
Assist in audits and regulatory reviews by providing required documentation and analysis
Process Improvement & Automation
Identify opportunities to improve efficiency and strengthen controls through process enhancements and automation
Support implementation of tools and workflows (e.g., dashboards, data validation checks)
Work with IV Enablement & Automation Squad on digitization initiatives

Requirements

Qualifications & Experience

Degree in Finance, Accounting, Business, or related discipline
1–3 years of experience in investment operations, risk, compliance, or audit (fresh graduates with strong internships may be considered)

Skills & Competencies

Strong analytical and problem-solving skills
High attention to detail with strong control mindset
Basic understanding of investment products (public and/or private markets)
Familiarity with risk management concepts (e.g., RCSA, operational risk) is a plus
Good communication skills and ability to work with multiple stakeholders
Proficiency in Excel; familiarity with data tools/automation is advantageous

Preferred Attributes