Enterprise Risk Management

Aisling Group; Petaling Jaya; On-site; MYR 80,000 - 120,000; Full time

Job summary

A financial services company in Selangor, Petaling Jaya, is seeking an experienced professional for the role of Enterprise Risk Management. Candidates should have a degree in Accountancy, Banking, or a related field, along with 5-10 years of experience in risk management, preferably in the financial industry. The responsibilities include developing and maintaining an ERM framework, conducting risk assessments, and preparing reports. Strong analytical and communication skills are essential for this position.

Qualifications

• 5 – 10 years working experience in risk management, preferably in the financial industry.
• Knowledge of Basel Accord and BNM regulations on risk management.

Responsibilities

• Develop, implement and maintain an ERM framework and supporting policies and processes.
• Conduct annual material risk assessments and evaluate risk appetite.
• Prepare periodic reports on enterprise risk exposures.

Skills

Analytical thinking

Innovative thinking

Good communication skills

Interpersonal skills

Report writing skills

Education

Degree in Accountancy / Banking / Finance / Business Administration

Relevant qualifications in risk management

Job description

About the job Enterprise Risk Management

Job Descriptions:

• Develop, implement and maintain an ERM framework and supporting policiesand processes.
• Develop and implement ERM tools, methodologies and processes to analyzeand report enterprise risks.
• Facilitate and support business lines in identification and assessmentof risks at Company level to identify top key risks that are affectingachievement of the business objectives and discuss the outcome with Head ofDivision for their concurrence.
• Establishment of core principles to govern the product/services lifecycle and conduct risk assessment for product/services.
• Conduct annual material risk assessment to identify all material risk tothe Company and deliberate the results to Management and Board level committeesfor approval.
• Conduct annual review and evaluate risk appetite to ensure it continuesto be relevant and responsive to changes in the business activities andoperating environment and deliberate the outcome to Management and Board levelcommittees for approval.
• Develop and implement key risk indicators to provide an early signal ofincreasing risk exposures in various areas of the Company to the Management andthe Board.
• Collate the statistical information on the key risk indicators thataimed at monitoring and mitigating the risks at Corporation level whileinitiating proactive control measures for risk exposures.
• Prepare periodic reports on enterprise risk exposures and periodicallyreports to Management and Board Level Committees.
• Conduct trainings, workshops and information sessions to build up a riskmanagement culture within the Company.
• Assume responsibility of other relevant tasks as assigned from time totime.

Job Requirements:

• Education: Degree in Accountancy / Banking / Finance / BusinessAdministration, or other appropriate degree. Relevant qualifications in riskmanagement.
• Experience: 5 – 10 years working experience in risk management,preferably in the financial industry.
• Knowledge: Knowledge of Basel Accord; BNM regulations on riskmanagement.
• Skills/ Competencies: Analytical and innovative thinking abilities andhas the drive and perseverance to inculcate a sound risk management culture.Good communication and interpersonal skills. Good report writing skills.Matured, independent and possess high degree of ethics and integrity.