Chief Risk Officer

Higher Brain Living®; Kuala Lumpur; On-site; MYR 606,000 - 849,000; Full time

Job summary

Cambodian Commercial Bank is seeking an experienced Chief Risk Officer (CRO) to lead and strengthen its Enterprise Risk Management function. The CRO will report to the Board Risk Committee and provide independent oversight of the Bank's key risks, ensuring risk exposures stay within approved appetite, limits, capital, and liquidity capacity.

The role collaborates with the Board Risk Committee, CEO, ExCo, and senior management to enhance risk governance, culture, and sustainable growth.

Qualifications

• 15+ years of progressive banking or financial services experience with leadership in ERM.
• Experience leading a material second-line risk function; CRO, Deputy CRO, or equivalent senior risk leadership experience is highly preferred.
• Strong enterprise-wide exposure across credit and non-financial risks, including operational, technology/cyber, market, liquidity, capital, and model risk.
• Strong knowledge of risk appetite, portfolio risk, ECL/IFRS 9, stress testing, capital and liquidity management.
• Strong experience engaging with Board Risk Committees, regulators, executive management, and other senior stakeholders.

Responsibilities

• Lead and strengthen Enterprise Risk Management and Risk Appetite Framework.
• Provide independent oversight across credit, operational, technology/cyber, model, market, liquidity, capital, and ESG risks.
• Monitor asset quality, portfolio concentrations, emerging risks, early-warning indicators, and risk limit breaches.
• Oversee credit portfolio risk, ECL, provisioning adequacy, and portfolio stress indicators.
• Lead enterprise stress testing and provide independent challenge on capital and liquidity adequacy and contingency planning.
• Provide clear, forward-looking risk advice and reporting to the Board Risk Committee, CEO, and ExCo.
• Ensure timely escalation and remediation of material risk, regulatory, and control issues.
• Strengthen operational resilience, business continuity, crisis management, and third-party risk governance.
• Build and develop a high-performing Risk Management team with strong technical capability and succession coverage.
• Maintain effective engagement with regulators, external auditors, and other key stakeholders.

Skills

Leadership

Enterprise Risk Management

Regulatory engagement

Risk governance

Analytical thinking

Education

Bachelor's degree in Finance/Economics/Risk Management

Master's degree preferred

Job description

Our client, a leading commercial bank in Cambodia, is seeking an experienced Chief Risk Officer (CRO) to lead and strengthen its Enterprise Risk Management function.

Reporting to the Board Risk Committee, the CRO will provide independent oversight of the Bank's key risks and ensure that risk exposures remain within approved risk appetite, limits, capital, and liquidity capacity.

The role will work closely with the Board Risk Committee, CEO, ExCo, and senior management to strengthen risk governance, risk culture, and sustainable business growth.

Main Responsibilities

• Lead and strengthen the Bank's Enterprise Risk Management and Risk Appetite Framework.
• Provide independent oversight and challenge across credit, operational, technology, cyber/information, model, market, liquidity, capital, and environmental & social risks.
• Monitor asset quality, portfolio concentrations, emerging risks, early-warning indicators, and risk limit breaches.
• Oversee credit portfolio risk, ECL, provisioning adequacy, and portfolio stress indicators.
• Lead enterprise stress testing and provide independent challenge on capital and liquidity adequacy and contingency planning.
• Provide clear, forward-looking risk advice and reporting to the Board Risk Committee, CEO, and ExCo.
• Ensure timely escalation and remediation of material risk, regulatory, and control issues.
• Strengthen operational resilience, business continuity, crisis management, and third-party risk governance.
• Build and develop a high-performing Risk Management team with strong technical capability and succession coverage.
• Maintain effective engagement with regulators, external auditors, and other key stakeholders.

Main Requirements

• 15+ years of progressive banking or financial services experience, with significant leadership experience in Enterprise Risk Management or a major risk function.
• Proven experience leading a material second-line risk function; CRO, Deputy CRO, or equivalent senior risk leadership experience is highly preferred.
• Strong enterprise-wide exposure across credit and non-financial risks, including operational, technology/cyber, market, liquidity, capital, and model risk.
• Strong knowledge of risk appetite, portfolio risk, ECL/IFRS 9, stress testing, capital and liquidity management.
• Strong experience engaging with Board Risk Committees, regulators, executive management, and other senior stakeholders.
• Experience working within a well-established risk governance and control environment, ideally within a commercial or regional bank.
• Strong analytical and strategic judgement, with the confidence to independently challenge and escalation material risks.
• Bachelor's degree in Finance, Economics, Risk Management, Mathematics, Statistics, Business, or a related field; a relevant Master's degree is preferred.
• Professional qualifications such as FRM, PRM, CFA, ACCA, or equivalent are an advantage.
• Cambodia banking and NBC regulatory experience is highly advantageous; broader ASEAN or emerging-market banking experience will also be considered.
• High integrity, independence, sound judgement, and strong leadership capability.