Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Head, Business Risk Management (Retail), WRB SG
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Head of Business Risk Management for Retail Banking in Singapore is responsible for identifying, assessing and managing non-financial and business risks across the Wealth and Retail Banking (WRB) business. Requirements typically include substantial banking risk experience, knowledge of regulatory expectations, strong understanding of retail banking products and controls, and the ability to interpret risk data and guide senior stakeholders. The successful candidate is expected to provide independent challenge, strengthen governance, oversee risk appetite and control frameworks, support regulatory engagement, and promote a strong risk culture. Excellent communication, influencing, analytical and leadership skills are essential, along with the ability to work effectively across business, compliance, operations and assurance teams.
Can I work in Singapore?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass: SGD 6,200+ a month in banking at 23, more with age (6,600 from January 2027), plus 40 COMPASS points for pay, degree, nationality mix and local hiring.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: You score 0 nationality points when your nationality is 25% or more of the firm's professionals and managers; the job is usually advertised to locals for 14 days first.
Official source: Ministry of Manpower: Employment Pass eligibility. Checked November 2026.
What the job usually comes with in Singapore
Usual for Banking jobs in Singapore, varies by employer. Checked November 2026.
| Housing | Not usual; senior expats may get an allowance; Work Permit staff: employer must ensure proper housing (by law) |
|---|---|
| Relocation | Work Permit staff: employer pays levy, bond and insurance (by law); relocation help is an expat perk |
| Flights | Work Permit staff: flight home paid by the employer (by law); others only if the offer says so |
| Contract | Work Permit up to 2 years; S Pass and Employment Pass up to 2, then 3; notice 1 day to 4 weeks by default |
| Leave | 7 to 14 days (by law; many get more); 11 public holidays; 14 days' sick leave, 60 in hospital |
| Income tax | 0% up to SGD 20,000 a year, then 2% to 24% (about 3% at SGD 60,000); resident rates on a 1-year pass |
| Health cover | Employer must insure Work Permit and S Pass staff, SGD 60,000 a year (by law); Employment Pass: company plan |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Standard Chartered
Standard Chartered is an international banking group headquartered in London, with a strong focus on markets across Asia, Africa and the Middle East. The bank provides retail, private, commercial and corporate banking, wealth management, and investment banking services. In Singapore, it operates as a significant financial institution serving individuals, businesses and multinational clients, while also using the country as a regional hub for technology, operations and risk management. Standard Chartered promotes responsible banking, financial inclusion, digital innovation and sustainable finance. Its culture is highly international, with employees working across countries and business lines. The bank places considerable emphasis on governance, regulatory compliance, conduct and effective risk management. Benefits for senior employees commonly include performance-related bonuses, medical coverage, retirement provisions and opportunities for regional career development, although specific terms depend on the employment contract.