Assistant Manager, FMD Operational Risk Management Unit

AmBank Group; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A financial institution in Kuala Lumpur is seeking an Assistant Manager for its Operational Risk Management Unit. This role involves implementing business continuity and cybersecurity programs as well as maintaining budget compliance. Candidates should possess a Higher Diploma or Degree in relevant fields and 1-3 years of experience in banking or asset management. A strong understanding of regulatory requirements and operational risk is essential.

Qualifications

• 1-3 years experience in Banking, Finance, or Asset Management.
• 1-3 years in operational risk or related functions.
• Good understanding of IT work processes.

Responsibilities

• Assist in implementing BCM and TCSRM programs.
• Maintain expenses within the department budget.
• Review and submit reports for management and stakeholders.

Skills

Operational risk management

Business Continuity Management

Technology & Cyber Security Risk Management

Regulatory compliance

Shariah business appreciation

Education

Higher Diploma or Degree in Accounting, Business, Actuarial Science

Job description

Assistant Manager, FMD Operational Risk Management Unit

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• Primary driver to assist Unit Head of FMD Ops Risk Management to implement the following programmes for AmFunds Management Bhd (AFM), and AmIslamic Funds Management Sdn Bhd (AIFM) [(collectively called Fund Management Division (FMD)):
  • (a) Business Continuity Management (BCM) programme, including BCM framework, policies, guidelines, practice guides & tools.
  • (b) Technology & Cyber Security Risk Management (TCSRM) programme, including TCSRM framework, policies, guidelines, practice guides & tools.
• Secondary role to assist Unit Head of FMD Ops Risk Management to implement the following programmes for FMD:
  • (b) ESG agenda, including regulatory requirements on ESG related to risk management
• To assist the Unit Head of FMD Ops Risk Management to maintain expenses within Department budget
• Complete, accurate & timely review and implementation of BCM & TCSRM programmes, and ESG agenda (where applicable)
• Complete, accurate & timely review of call tree report, BIA, test report
• Complete, accurate & timely submission of BCM & TCSRM reports for Management, Forum, Committees and Board
• Complete, accurate & timely assessment of due diligence for inbound and outbound stakeholders in respect of BCM & TCSRM
• Assist Unit Head, Ops Risk to provide periodic training to FMD staff and other stakeholders on BCM & TCSRM
• Complete, accurate & timely review of BCM & TCSRM Manual on annual calendar year basis
• Complete, accurate & timely review of BCM & TCSRM risk appetite, framework, policies, guidelines & practice guides
• Complete, accurate & timely completion of Checklist in the implementation of BCM & TCSRM programmes (including vendor)
• Assist in timely review completion of Checklist in the implementation of ORMS programmes
• Implement saving of relevant information based on departmental numbering system in the department shared folder
• Self‑compliance, and staff compliances, with the spirit and letter of regulatory & internal framework, policies, guidelines & practice guides, and SOP
• Keep abreast with changes in regulatory requirements, and industry development in fund management industry, including on Environmental, Social & Governance (ESG)
• Complete eLearning programmes and departmental Continuous Professional Development (CPD) programmes

Requirements

• Higher Diploma or Degree in Accounting, Business, Actuarial Science, or similar fields
• 1-3 years experience in Banking, Finance, or Asset Management industry
• 1-3 years experience in operational risk or operational risk‑related functions
• Good understanding of work processes in IT environment and service levels
• Proficient with relevant regulatory requirements, industry best practices and policies
• Appreciation towards shariah business and risk matters related to asset management industry

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as an Operational Risk Manager?