Assistant Vice President / Vice President, Group Risk Management

Country:  Singapore
State:  Singapore
Job Function:  Risk Management & Sustainability
Job Posting Date:  3 Dec 2024

ABOUT FRASERS PROPERTY LIMITED
Frasers Property Limited (“Frasers Property” and together with its subsidiaries, the “Frasers Property Group” or the “Group”), is a multinational investor-developer-manager of real estate products and services across the property value chain. The Group is listed on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) and headquartered in Singapore.

Frasers Property's multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts (“REITs”) and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and is invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.com or follow us on LinkedIn.

Job Summary

Reporting to the Head of Risk, this will be an instrumental role in driving enhancements to the risk management framework working alongside with colleagues at the Group and BU levels.

Our ideal candidate would be able to i) assist the Group in driving its strategic and financial objectives of performance, value creation and resilience ii) improves transparency, accountability, stakeholder experience and iii) is active and effective. You will also partner the Group Strategy & Planning and Group ESG teams, to co-drive an integrated approach towards strategy, risk management and ESG, while also working closely with leaders across functions and business.

Job Description

  • Implement and roll out Enterprise Risk Management Framework for the FPL Group, including local and overseas subsidiaries. Besides partnering Business Units (BU)/ Departments in their risk assessments, risk measurements and developing risk mitigation plans, incumbent is expected to proactively drive risk management implementation across different asset class, actively engaging and getting buy-ins from the BU Heads. The Incumbent is also expected to oversee the and Business Continuity Management programme of the Group. 
  • In charge of the overall implementation of an effective and efficient risk management programme, facilitate meaningful and insightful reporting from line management to the Group. Assist in conducting risk training / workshops; implement programme and trainings to raise the overall risk conscious culture for the Group. 
  • The Incumbent is expected to keep up to date the latest risk management issues and emerging trends and able to identify relevant risks that may impact the Group business.
  • He/ She must demonstrate the ability to think conceptually while at the same time be attentive to details. 
  • The incumbent is expected to be versatile and to bring in risk management experience to the Group to enhance the overall risk management process and framework
  • Financial knowledge is important as he/ she is to assist in the mapping of risk appetite/ risk tolerance, and other key risk indicators. Knowledge of risk input to investment assessment is preferred.

Key Qualification

  • Degree in Accounting & Finance / Business
  • At least 12-15 years of working experience in enterprise risk management
  • Good knowledge of risk management and internal control concepts, leading risk management practices and standards (e.g. ISO 31000, COSO) and SGX-ST requirements.
  • Being versatile, self-motivated and strong thinker and executor. Excellent in communication and people management and stakeholder management. 
  • Positive attitude, confident, self-driven, committed and resilient.

Diversity brings us closer to the communities we serve.

Guided by our Purpose, we are creating, inspiring, and nurturing an inclusive culture that unlocks the power of diverse teams to drive Frasers Property forward. Our values drive everything we do, which are core to creating safe places where everyone belongs, is mutually respected and feels empowered to be authentic at work. Working collaboratively makes us progressively stronger and better as an organisation, which helps our people to thrive each day.