Overview
The Risk Associate – New Products will support the New Product Working Group (NPWG) Chair in managing the Bank-wide NPWG and internal Risk Management Department (RMD) new product activities to ensure operational readiness for new products.
Tasks Summary
- Manage the day-to-day affairs of the NPWG, supporting the Chair in coordinating the new product process.
- Schedule meetings and distribute agendas, record and circulate meeting minutes.
- Maintain an action point tracker and follow up on outstanding items.
- Disseminate NPWG-related materials and emails, including reminders about deadlines.
- Assess operational readiness of new or amended products by reviewing product characteristics and documentation.
- Maintain a close relationship with the Project Management Development team.
- Identify operational gaps and key risks associated with new products, and propose mitigating solutions.
- Support the review of institutional capacity requirements, including manpower and system readiness.
- Maintain quality control over new product document submissions.
- Coordinate the submission, review, and approval of new product applications.
- Help prioritize new products and address resourcing and system requirements.
- Disseminate information on new products to all stakeholders.
- Help drive the utilization of AI solutions to support operational readiness for new products.
- Fulfill any other responsibilities as assigned.
Experience Requirements
- Minimum 3-5 years of experience in financial institutions or similar sectors.
- Experience in project management is a plus.
Qualification Requirements
Master’s degree or equivalent in related fields (e.g., mathematics, finance, or economics).
