Executive, Compliance & Operational Risk

Executive, Compliance & Operational Risk; Petaling Jaya; On-site; MYR 150,000 - 200,000; Full time

Job summary

A reputable industry firm in Petaling Jaya is seeking an Executive for Compliance & Operational Risk. The role involves assisting in compliance tasks, preparing meeting minutes, and reviewing financial documentation related to credit risks. Ideal candidates should hold a bachelor's degree in business administration, possess strong analytical and communication skills, and demonstrate proficiency in MS Office. Knowledge of the palm oil industry is advantageous. Only shortlisted applicants will be contacted.

Qualifications

• Graduate in business administration or equivalent required.
• Excellent skills in MS Office required.
• Pleasant personality and good communication skills needed.
• Knowledge of palm oil industry and trading market is a plus.
• Willing to take on more responsibilities.

Responsibilities

• Prepare meeting minutes for quarterly Credit Committee meetings.
• Review monthly account receivables and outstanding contracts.
• Compile justifications for amended or voided contracts.
• Develop and review SOPs and Segregation of Duties policies.
• Assist in sanction screening and monitoring of counterparties.

Skills

Analytical skills

Communication skills

Presentation skills

Report writing skills

Knowledge of the palm oil industry

Education

Bachelor’s degree in business administration/management or equivalent

Tools

MS Office Packages

Job description

Executive, Compliance & Operational Risk

Executive, Compliance & Operational Risk – Damansara, Selangor

We value our people and encourage everyone to grow professionally. If you think this opportunity is right for you, we encourage you to apply!

Job Responsibilities

• Assist in preparing the deck and meeting minutes for quarterly Credit Committee meeting.
• Assist in reviewing the monthly account receivables and outstanding contracts and prepare a monthly report. Potential credit risk and contractual risk to be highlighted to Credit Committee Members on a timely manner.
• Assist to review credit application received from bulk and differentiated refineries.
• Review the exception report on backdated, amended & voided contracts provided by Data Analyst and liaise with Traders for clarification (if any) for bulk refineries.
• Compile the justifications provided by the Traders for any backdated, amended & voided contracts for bulk refineries.
• Prepare a monthly summary of backdated, amended & voided contracts using the exception report provided by Data Analyst and the summary of justification prepared for monthly circulation to Head – Global Trading.
• Assist in developing and/or reviewing the SOPs and Segregation of Duties (SOD) Policies under SDGI Process Governance Initiatives.
• Assist in sanction screening and monitoring of counterparty for Bulk and Differentiated Unit.
• Assist to review counterparty master data on a yearly basis and obtain approval to re-activate inactive counterparty.
• Assist to review price variance analysis for Bulk Refineries.
• Assist as a back-up in maintaining Malaysia, Singapore and Indonesia SPOT System master data (bank account master data, broker master data, counterparty master data, director master data, sanction master data and calendar master data).
• Assist in new counterparty registration in SPOT system for Malaysia and Singapore. Validate the supporting documents received for counterparty registration and maintain proper record keeping.
• Assist in the administration related task.
• Maintenance of CORU’s SharePoint.

Qualifications

• Preferably graduate from bachelor’s degree in business administration / management or its equivalent.
• Excellent skills in MS Office Packages.
• Pleasant personality, good communication, presentation, analytical and report writing skills.
• Knowledgeable of palm oil industry, futures & trading market.
• Willingness to take on more responsibilities within the job scope.

Only shortlisted applicants will be contacted.

To apply, please submit your resume and cover letter outlining your interest for this role.