Assistant Vice President, Technology Risk
Full Time 
Information Technology
$8000 - $10000 monthly
Singlife is a leading homegrown financial services company offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife provides consumers control over their financial wellbeing at every stage of their lives.
In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan.
Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability.
First announced in September 2020 and valued at S$3.2 billion, the merger of Aviva Singapore and Singlife was the largest insurance deal in Singapore then and created one of the largest homegrown financial services companies in the republic.
Key Appointments
- Technology Risk Officer, in the Tech Risk & Business Resilience Team.
- 2nd line technology risk management and governance for the Singlife Group of companies
Key Responsibilities
- Champion and advocate effective technology risk management, ensuring risks are understood and managed within the approved risk appetite by the responsible technology functions.
- Maintain the TRM Risk Framework and technology-related policies and standards in accordance with the relevant MAS Notices & Guidelines and industry best practices.
- Ensure all material technology and cyber security risks are properly identified for key technology projects and are managed in accordance with the Group’s risk framework.
- Conduct deep dive reviews of technology related processes, risks and controls, and provide recommendations to strengthen the risk-control environment.
- Develop/refresh the key risk indicators for effective monitoring of technology & cyber risk.
- Prepare the quarterly technology risk reports for the relevant risk committees
- Validate the effective remediation of open issues by action owners to support issue closure.
- Ensure compliance with all applicable tech-risk related laws and regulations relating to the above functional activities.
Purpose of the Role
- Support the ED, Tech Risk & Business Resilience Team to deliver on the annual risk plans.
- Ensure effective 2nd line oversight, review and challenge over Singlife Group’s technology risk domains such as technology & cyber risk, cloud risk, digital risk and third-party technology risk management.
- Ensure that the technology risk profile of the Group is managed within approved risk appetite.
- Provide technology risk advisory support to Business Units.
Key Decisions within the Role
- Systems – Governance, Risk and Compliance (GRC) System
- Know how / expertise – Risk management framework and regulatory requirements.
Team
- Part of Technology Risk Management team with six team members
Requirements:
Experience
- Overall 5 years of experiences in areas of technology governance, risk management, operational risk and control management.
- Good understanding of a broad range of technology domains, including Cloud computing.
- Industry experience from Financial Services, FinTech, InsurTech, Digital Payment, eCommerce would be preferred.
- Ability to multi-task assignments, prioritized workload with limited supervision and be resilience under pressure whilst delivering to deadlines.
Education
- Academic: Bachelor’s degree in Computer or Information Technology (Mandatory)
- Professional Certification(s): CISSP or CRISC, CISA or other recognised organization (Preferred)
Key Stakeholders:
External
- External auditors and local regulators
Internal
- Local policy and business standard owners, action owners and risk representatives (Line 1)
- Risk and control owners and their nominees for the Group Technology function as well as the business entity’s technology leads.
- Legal & Compliance functions
- Members of the wider Group Risk function.
If you find yourself able to demonstrate the criteria above, apply with us now. We look forward to your application.
New positions coming soon.