Manager, Risk Management (Risk Validation)

Hong Leong Bank; Kuala Lumpur; On-site; MYR 180,000 - 260,000; Full time

Job summary

Hong Leong Bank in Kuala Lumpur seeks a senior risk and compliance professional to lead validation of risk controls and regulatory processes. The role involves both qualitative and quantitative validation across Group Risk Management, ensuring accuracy of ICAAP, stress tests, and model outputs.

It also coordinates business continuity planning and responses during disruptions.

Qualifications

• Bachelor's degree in Finance/Banking/Administration/Actuarial or equivalent.
• Strong knowledge of risk management procedures and regulatory requirements of banking and financial institutions.

Responsibilities

• Qualitative Validation: validate RCSAs, CSAs, CIRs, Risk Policies, Reports and SOPs across Group Risk Management to ensure QA of controls and regulatory compliance.
• Quantitative Validation: review ICAAP and Stress Test validation, assess cash flow and hedge effectiveness, and verify model outputs (MFRS9) for accuracy.
• Business Continuity Plan coordination: assess risk levels, coordinate BCP activations, and liaise for responses across departments.

Skills

Risk management

Regulatory requirements

Education

Bachelor's degree in Finance/Banking/Administration/Actuarial

Job description

Key Responsibilities

1. Qualitative Validation Conduct independent validation on RCSAs, CSAs, CIRs, Risk Policies, Reports and SOPs for all departments within Group Risk Management. This is to ensure the quality assurance of operational risk controls and mitigations are embedded in their respective area of operation. In addition, controls are robust, up to date and in compliance with the requirements stipulated by the Bank and regulators.

2. Quantitative Validation Review the ICAAP and Stress Test Validation requirements for verification performed by the team on the Bank's capital sufficiency to sustain its operations under normal and stressed market conditions. Review and highlight findings of Cash Flow and Fair Value Hedge Effectiveness Test Validation performed by the validation team. Assist the team to analyze and validate data and files provided by model owners to ensure all computations and statistical results of MFRS9 Models, Application & Behavioral Scorecards are accurate.

3. Business Continuity Plan Coordinator for Group Risk Management Assess the risk level situation and impact disruption for all departments and act as liaison person for all BCP activation procedures and responses.

Minimum Requirements

1. Bachelor's Degree in Finance/Banking/Administration/Actuarial or its equivalent.

2. Minimum 8 years experience in banking/finance/audit/compliance with at least 3 years of experience in middle management in the areas of risk management, audit or compliance.

3. Strong knowledge of risk management procedures and regulatory requirements of banking and financial institutions.

About Hong Leong Bank

We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China. We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our “Digital at the Core” ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life‑long learning, achieve their career aspirations and grow talent from within our organisation.

Hong Leong Bank (“HLB”) stands proudly as a leading financial services institution based in Malaysia, providing a wide range of comprehensive and innovative financial solutions across the region. These services are delivered through both digital and traditional means, via online and mobile banking, as well as our digital branch concept to provide customers with an efficient and seamless experience aided by technology. As the service and financial landscape changes rapidly with the ever‑increasing use of technology, staying attuned to customers needs and desires becomes even more critical to HLB’s operations. To stay ahead of these dynamic changes, the Bank has adopted the approach of reimagining banking by embedding digital considerations and customer centricity in every aspect of our operations, from products and services as well as customer care and engagement. HLB’s ethos of being Digital-At-The-Core powered by customers-at-the-forefront will continue to lead us to innovate offerings in line with our aspiration of being a highly digital and innovative financial services organization.