Financial Risk Manager

Randstad Malaysia; Kuala Lumpur; On-site; MYR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Financial Risk Manager to enhance its risk management framework. In this pivotal role, you will identify, assess, and mitigate financial risks impacting the company's stability. Collaborating with cross-functional teams, you will develop risk models, conduct stress testing, and provide insights to senior management. This position offers a unique opportunity to contribute to the company's long-term sustainability while navigating a dynamic regulatory landscape. If you are passionate about risk management and eager to make a significant impact, this role is for you.

Qualifications

• 5+ years of experience in risk management, preferably in insurance or financial services.
• Strong understanding of insurance risk and regulatory frameworks.

Responsibilities

• Lead the identification and reporting of key financial risks.
• Conduct stress testing and scenario analysis for financial resilience.
• Prepare regular risk reports for management and regulators.

Skills

Risk Management

Data Analysis

Financial Reporting

Stakeholder Management

Education

Bachelor’s Degree in Finance

Professional Certifications (e.g. FRM, CFA, FSA)

Tools

Excel

R

Python

SAS

Job description

Job Title: Financial Risk Manager

Location: Kuala Lumpur, Malaysia
Employment Type: Full-Time

About the Company

We are a leading insurance provider in Malaysia, known for our innovation, customer-centric solutions, and strong financial foundation. As we continue to grow and adapt in a dynamic regulatory and economic environment, we are looking for a talented Financial Risk Manager to join our Risk Management team and help safeguard our financial resilience.

Job Summary

As a Financial Risk Manager, you will be responsible for identifying, assessing, and mitigating financial risks that could impact the company's balance sheet, earnings, and long-term sustainability. You will work closely with cross-functional teams including Actuarial, Investment, Finance, and Compliance, and play a key role in enterprise risk management and regulatory reporting.

Key Responsibilities

• Lead the identification, measurement, monitoring, and reporting of key financial risks, including market, credit, liquidity, and insurance risks.

• Conduct stress testing and scenario analysis to assess the company’s financial resilience.

• Develop and maintain risk models and frameworks in compliance with Bank Negara Malaysia (BNM) requirements and other regulatory guidelines.

• Work closely with Investment and Finance teams to evaluate risk-return trade-offs and support strategic asset allocation.

• Provide risk insights to support decision-making at Board and senior management levels.

• Prepare regular risk reports for management committees, Board Risk Committee, and regulators.

• Monitor emerging risks, market trends, and regulatory developments impacting the insurance sector.

• Support risk-based capital (RBC) calculations and ORSA (Own Risk and Solvency Assessment) exercises.

• Drive continuous improvement in risk governance, policies, and tools.

Requirements

• Bachelor’s degree in Finance, Actuarial Science, Economics, or a related field. Professional certifications (e.g. FRM, CFA, FSA) are an advantage.

• Minimum 5 years of relevant experience in risk management, preferably in insurance or financial services.

• Strong understanding of insurance risk, investment risk, and regulatory frameworks (e.g. BNM’s RBC framework, IFRS 17).

• Proficiency in risk modeling, data analysis tools (e.g. Excel, R, Python, SAS), and financial reporting.

• Excellent analytical, communication, and stakeholder management skills.

• High attention to detail and ability to work under pressure in a fast-paced environment.

If you are keen on this role, do apply via this link or reach out to bryant at 0164140218

skills

no additional skills required

qualifications

no additional qualifications required

education

Bachelor Degree