Affiliates Relationship Lead; Singapore, Hong Kong

Job Summary

This role could be based in Singapore or Hong Kong. When you start the application process youwill be presented with adrop-downmenu showing all countries, please ensure that you only select a country where the role is based.

This role is responsible for managing risks related to the transactions and maintenance of the Bank’s Affiliates. This role-holder will oversee onboarding of new affiliates, manage any requests for information and risk events for existing affiliates. The coordinator will also:

• Review affiliate related transaction and behavioural data to identify thematic areas for analysis and risk / issue identification
• Providing guidance to key stakeholders on key risk and corrective actions
• Provide and demonstrate effective oversight of Affiliates Risk Management frameworks

The role-holder will demonstrate strong Subject Matter Expertise (SME) across the broad spectrum of non financial risk, initially focusing on financial crime risks thereby contributing to the early and pro-active identification of risks and foster a collaborative culture to address these. Interpretation and of data analytics to drive financial crime risk reviews is equally a fundamental responsibility to the role holder.

Existing or newly identified risks / issues will then be managed through closure with risk owners from within the affiliates and business entities. Escalations will be guided through appropriate governance forums and committees. This role will also be responsible for managing limit management for the banks Affiliates. The coordinator will oversee analysts within the Affiliates Risk Management Utility in support for these activities.

• Provide Bank-wide coverage and oversight of Affiliate risk to ensure the appropriate and effective embedding of internal frameworks and controls across the business.
• Maintain highest standard of compliance with governance and oversight control.
• Monitor and respond to emerging affiliate risks; assess and drive the response required to effectively manage these across the businesses.
• Collaborate with Risk Framework Owners (RFOs) to translate high-level policies into actionable, risk-based business journey control standards across the businesses, demonstrating the ability to bridge the gap between policy and practical implementation.
• Build a shared understanding of risk-based priorities across the businesses, collaborating closely with both 1
  
  LoD and 2
  
  LoD stakeholders to drive a unified approach across Corporate and Investment Banking and Wealth and Retail Banking
• Manage/oversee intragroup limits for affiliates (CAT1–3, control limits), including annual reviews, ALCO approvals, stakeholder coordination, escalation/remediation of breaches, and lead support for cross-FI strategic initiatives.
• Act as the point of contact for intragroup limit-related matters for the designated affiliates
• Arrange remediation of the limit excesses for the affiliates
• Engage a wide range of internal stakeholders for discussion in order to streamline processes and implement changes
• Drive adoption by the team, of the latest tools and techniques to improve performance.

• Engage stakeholders in formulation and review of action plans for identified thematic issues.
• Point of contact for audit and other assurance activities.
• Partner with the business to become a trusted advisor and team player focused on delivering the right risk management outcomes.
• Support various stakeholders on regulatory and audit requests covering Affiliates

• Oversight of account opening activities and handling of queries / escalations
• Oversight of limit management activities, coordinating approvals for addition/ removal / cancellation etc.
• Proactively oversee the Affiliates client portfolio to ensure:
• Key risks and concerns (regulatory, financial crime, reputational and ethical) within the portfolio are raised into the relevant governance framework and communicated as appropriate.
• Support driving awareness and training on regulatory environment, and changes to applicable Group policy, standards, and procedural changes.
• Collaborate across the organisation including business lines,…