Co-Chief Risk Officer: Enterprise Risk Strategy & Oversight

The Japan Research Institute, Limited (Singapore Branch); Kuala Lumpur; On-site; MYR 420,000 - 640,000; Full time

Job summary

Sumitomo Mitsui Banking Corporation Malaysia Berhad seeks a Co-CRO to lead the risk management function as part of the Second Line of Defence. You will oversee the Risk Appetite Framework, monitor material risks, and guide risk governance across the bank while engaging regulators and the Board on risk matters.

You will drive development of risk policies, data quality, and reporting, partnering with senior management to ensure resilient risk posture and strategic alignment with regulatory

Qualifications

• Bachelor's Degree in Finance, Banking, Economics, Accounting, Business Administration, Risk Management or related discipline.
• Professional certifications such as AICB, Certified Credit Professional(CCP), Financial Risk Manager (FRM), Professional Risk Manager (PRM), Chartered Financial Analyst (CFA), Certified Public Accountant (CPA) or equivalent risk and banking-related qualifications will be added advantage.
• Minimum 15 years of relevant experience in banking, financial services, risk management, credit risk, enterprise risk management, compliance, audit, treasury risk, operational risk, or related disciplines.
• Proven experience in a senior leadership role for minimum 5 years with responsibility for enterprise-wide risk management, risk governance, and regulatory engagement.
• Strong experience in developing, implementing and enhancing risk management frameworks, policies, methodologies, risk appetite frameworks, risk limits, stress testing and risk reporting.
• Demonstrated experience overseeing a broad range of risk types, including credit, market, liquidity, operational, technology, cyber, outsourcing, reputational, environmental and emerging risks.

Responsibilities

• Accountable for the Bank’s overall risk management framework and the Second Line of Defence oversight.
• Lead development and ongoing management of the Bank’s Risk Appetite Framework, including the Risk Appetite Statement and risk limits.
• Oversee management of material risks (credit, market, liquidity, operational, technology, cyber, outsourcing, reputational, environmental).
• Establish appropriate controls and risk mitigation aligned with the approved risk appetite.
• Independently assess and challenge risk implications of business plans, new products and strategic initiatives.
• Oversee risk identification of top risks, stress testing, and remediation of material vulnerabilities.
• Maintain risk data accuracy, methodologies, and reporting; ensure regulatory compliance and engagement.
• Promote a sound risk culture and supervise Risk Management department staffing and succession.

Skills

Enterprise risk management

Risk governance

Regulatory engagement

Leadership

Stakeholder management

Strategic thinking

Analytical ability

Ethics and integrity

Education

Bachelor's Degree in Finance, Banking, Economics, Accounting, Business Administration, Risk Management

Professional certifications (AICB, CCP, FRM, PRM, CFA, CPA)

Job description

Sumitomo Mitsui Banking Corporation Malaysia Berhad seeks a Co-CRO to lead the risk management function as part of the Second Line of Defence. You will oversee the Risk Appetite Framework, monitor material risks, and guide risk governance across the bank while engaging regulators and the Board on risk matters.

You will drive development of risk policies, data quality, and reporting, partnering with senior management to ensure resilient risk posture and strategic alignment with regulatory