Associate Director & Manager, Operational Risk

Michael Page; Subang Jaya; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading global corporate services provider is seeking an Operational Risk Manager to oversee risk onboarding and controls testing activities. The ideal candidate will bring expertise in Operational Risk Management, particularly within banking or financial service sectors, along with a collaborative spirit to drive improvements in risk processes. This opportunity includes a comprehensive rewards program and a world-class training framework.

Benefits

Performance based bonuses

Flexible benefits

Competitive compensation

World-class training program

Collaborative culture

Qualifications

• Experience in Operational Risk Management or specific Operational Risk domains (1LOD or 2LOD).
• Experience in performing Risk & Control Assessments and/or Controls Testing.
• Familiarity with Operational Risk Management Framework in a banking/financial services environment.

Responsibilities

• Assist in reviewing and overseeing the onboarding of Risk Registers.
• Conduct second line of defense controls assurance/testing of critical controls.
• Deliver outcomes of Operational Risk oversight activities to relevant teams.

Skills

Operational Risk Management

Risk & Control Assessments

Quality Assurance

Job description

• Global MNC
• Rewarding Benefits

About Our Client

At this globally established company, they believe in their clients' businesses and people that can make a difference in the world. That's why our work is focused on helping our clients act with confidence and speed to seize opportunity wherever it arises. As a global corporate service provider and fund administrator with more than 5,000 professionals in over 45 jurisdictions, we empower legal entities globally to work smarter, grow faster, act responsibly, protect capital and scale across borders - by doing what we do best: reducing risk and enhancing efficiency.

Job Description

* Assist in reviewing and overseeing the onboarding of Risk Registers (and associated Risk & Control Self-Assessment activities) conducted by first line of defense (1LOD) segments and functions across various regions.

* Conduct second line of defense (2LOD) controls assurance/testing of critical controls aimed at mitigating Operational Risks within a segment/geography.

* Aid in overseeing and challenging the first line of defense's execution of Internal Operational Risk Events and associated Root Cause Analysis.

* Document evidence of second line of defense oversight and challenges within the Operational Risk Management System (ORMS).

* Deliver comprehensive outcomes of Operational Risk oversight activities to relevant Operational Risk teams supporting a segment or geography, highlighting any trends or exceptions observed.

* Conduct or assist with regular quality assurance checks of Operational Risk work outputs to identify gaps or areas for enhancement.

* Update or develop procedures and templates in alignment with evolving Enterprise policies or Standards, ensuring consistency in practice execution.

The Successful Applicant

• Experience in Operational Risk Management or specific Operational Risk domains (1LOD or 2LOD)
• Experience in performing Risk & Control Assessments and/or Controls Testing
• Familiarity with Operational Risk Management Framework in a banking/ financial services environment
• Experience in performing Quality Assurance/ oversight activities
• Experience in managing a team
• Experience in the Banking/ Financial Services industry (MUST HAVE)

What's on Offer

• A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensation.
• Leaders who support your development through coaching and managing opportunities.
• A world-class training program in financial services.
• A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded.