Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Business Risk Specialist, Assistant Vice President
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Business Risk Specialist supports the identification, assessment and management of non-financial and operational risks across the business. Typical requirements include a degree in business, finance, risk management or a related discipline, together with relevant experience in banking, risk, controls, compliance or audit. The candidate is expected to understand risk frameworks, policies, regulatory expectations and control testing, and to communicate clearly with senior stakeholders. Responsibilities may include monitoring risk indicators, reviewing incidents, coordinating risk assessments, improving controls, preparing management reports and supporting remediation plans. Strong analytical, organisational and interpersonal skills are important, along with sound judgment, attention to detail and the ability to work independently in a regulated banking environment.
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 Bank of Singapore Limited
Bank of Singapore Limited is the private banking arm of OCBC Group, one of Southeast Asia’s major financial institutions. Headquartered in Singapore, the bank provides wealth management and private banking services to high-net-worth individuals, families, entrepreneurs and institutions across Asia and other international markets. Its offerings generally include investment management, wealth planning, financing, estate and succession planning, and bespoke advisory services. As part of OCBC, Bank of Singapore benefits from a broad regional network, established financial expertise and strong institutional resources. The business operates in a highly regulated environment, making risk management, governance, client suitability and compliance central to its operations. Employees typically work with international clients and multidisciplinary teams, combining relationship management, investment knowledge, operational discipline and prudent risk practices.