Manager, Risk Management (Risk Validation)

Hong Leong Bank Berhad; Kuala Lumpur; On-site; MYR 90,000 - 150,000; Full time

Job summary

Hong Leong Bank is seeking a senior risk management professional to conduct qualitative and quantitative validations across risk controls, policies and reports. The role includes validating ICAAP, stress tests, and cash flow analyses, and coordinating the Group Risk Management BCP.

You will assess risk levels and liaise on BCP activations. Candidates should have a bachelor’s degree in finance/banking/administration/actuarial and at least 8 years in related fields, with 3 years in middle

Qualifications

• Bachelor's degree in finance/banking/administration/actuarial or equivalent.
• Minimum 8 years in banking/finance/audit/compliance with at least 3 years in middle management in risk management, audit or compliance.
• Strong knowledge of risk management procedures and regulatory requirements of banking and financial institutions.

Responsibilities

• Qualitative Validation: ensure quality assurance of operational risk controls across departments.
• Conduct independent validation on RCSAs, CSAs, CIRs, Risk Policies, Reports and SOPs.
• Quantitative Validation: verify ICAAP and Stress Test Validation requirements for capital sufficiency.
• Review Cash Flow and Fair Value Hedge Effectiveness Test Validation findings.
• Assist data analysis and validation for MFRS9 Models, Application & Behavioral Scorecards.
• Serve as Business Continuity Plan Coordinator for Group Risk Management.
• Assess risk level and impact for all departments; liaison for BCP activation procedures.

Skills

Qualitative Validation

Quantitative Validation

Education

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

Job description

If you are looking to excel and make a difference, take a closer look at us…

Key Responsibilities

• 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.
• 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.
• 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

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