FVP Team Lead Operational Risk

United Overseas Bank (Malaysia) Bhd; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

A leading bank in Asia is seeking an experienced Operational Risk Manager based in Kuala Lumpur. The successful candidate will develop and maintain operational risk management frameworks, assist in methodology development, and lead ORM initiatives across business units. With a minimum of 10 years of relevant experience and at least 5 years in a senior role, the ideal candidate will possess strong analytical, leadership, and stakeholder management skills. This position offers a competitive salary and is an excellent opportunity to make a significant impact in a dynamic banking environment.

Benefits

Equal opportunity employer

Comprehensive benefits

Qualifications

• 10–15 years of experience in operational risk, compliance, or audit.
• Minimum 5 years in a senior advisory role within financial services.
• Proven track record in risk assessment and remediation.

Responsibilities

• Develop and maintain ORM frameworks and policies.
• Assist in developing operational risk methodologies.
• Conduct regular briefings on ORM for business units.

Skills

Operational risk assessment

Leadership

Analytical skills

Communication

Stakeholder management

Problem-solving

Education

Relevant degree in finance or related field

Tools

Microsoft Office

Job description

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United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

• Developing, maintaining and reviewing the ORM related frameworks, policies and procedures & guidelines.
• Assist in developing Operational Risk Management methodologies, tools and techniques in consultation with Group Non-Financial Risk Management (NFRM).
• Must be well versed with incident reporting, KORI, third party risk management, product program, scenario analysis and MRA (self declared risk) and agile to take on/lead any of the these ORM programs.
• Conduct regular briefings on Operational Risk Management for Business / Support units.
• Facilitating and providing support and guidance to business/ support units with regards to ORM initiatives as well as the ORM system.
• Secretariat function for ORWG, ORMC and Crisis Management Team (simulation exercise) including scheduling the meeting, reviewing presentation slides, minutes of meetings and matters arising.
• Preparation of ORM related updates/reports to Senior Management committee and Board.
• Familiar with BNM ORR reporting and confidence in engaging BNM/Management, when required.
• Supervise and support the Shariah Risk Management (SRM) function which is embedded within ORM.
• Prepare or support the ICAAP operational risk stress test activities and methodology.
• Supervise and co-ordinate on risk culture and recovery/resolution planning.
• Drive people management, development and culture.
• Attend relevant forums and/or committees (when necessary), namely Capital Working Group, Risk Capital Committee, Business Continuity Management Committee, Shariah Committee, PFS AML & Risk Forum (PARF), Finance BRCM forum and Compensation Review Panel; as appropriate.

Job Requirement:

• 10 –15 years of relevant experience in operational risk, compliance, audit, or related fields.
• Minimum 5 years in a leadership or senior advisory role within financial services or regulated industries.
• Proven track record in risk assessment, control design, and remediation.
• Experience in interacting with regulators, internal and external stakeholders including internal audit functions.
• Deep understanding of operational risk frameworks, relevant regulatory policies/guidelines and control environments.
• Strong analytical and problem-solving skills.
• Excellent communication and stakeholder management abilities.
• Ability to influence senior leadership and drive risk culture.
• Adequate familiarity with technology risk, cyber risk, third party risk risk, data governance and Shariah risk (as appropriate)
• Strategic thinking and ability to align risk practices with business objectives.
• Familiarity with Microsoft Office modules & presentation skills.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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United Overseas Bank ("UOB") was incorporated on 6 August 1935 as the United Chinese Bank. Founded by Datuk Wee Kheng Chiang, the Bank catered mainly to the Fujian community in its early years. The change of name was effected in 1965. Over the past 76 years, UOB has grown from strength to strength. Through a series of acquisitions, it is now a leading bank in Asia. Besides Far Eastern Bank in Singapore, UOB’s major banking subsidiaries in the region are United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Buana and United Overseas Bank (China). Today, the UOB Group has a network of over 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America.

UOB (Malaysia) offers an extensive range of commercial and personal financial services through its branches, subsidiaries and associate companies: commercial lending, investment banking, treasury services, trade services, cash management, home loans, credit cards, wealth management, general insurance and life assurance.

United Overseas Bank ("UOB") was incorporated on 6 August 1935 as the United Chinese Bank. Founded by Datuk Wee Kheng Chiang, the Bank catered mainly to the Fujian community in its early years. The change of name was effected in 1965. Over the past 76 years, UOB has grown from strength to strength. Through a series of acquisitions, it is now a leading bank in Asia. Besides Far Eastern Bank in Singapore, UOB’s major banking subsidiaries in the region are United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Buana and United Overseas Bank (China). Today, the UOB Group has a network of over 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America.

UOB (Malaysia) offers an extensive range of commercial and personal financial services through its branches, subsidiaries and associate companies: commercial lending, investment banking, treasury services, trade services, cash management, home loans, credit cards, wealth management, general insurance and life assurance.

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