Manager, Risk - Operational Risk, Advisory & Assurance MY

CIMB Bank Berhad; Malaysia; On-site; MYR 60,000 - 90,000; Full time

Job summary

A major financial institution in Malaysia is seeking a professional to drive and manage Operational Risk Management at Consumer Banking. Responsibilities include implementing ORM Framework, advising on risk management, and conducting evaluations on new products. The ideal candidate will act as a liaison for operational risk and foster a positive departmental culture.

Responsibilities

• Drive and manage effective implementation of ORM Framework.
• Provide advisory on operational risk management in Consumer Banking.
• Perform 2LOD evaluation on new products and initiatives.
• Conduct ad-hoc risk analysis and control testing.
• Stay updated on market and regulatory non-financial risk requirements.
• Act as liaison for operational risk issues in Consumer Banking.
• Cultivate the EPICC Culture within the department.

Job description

Drive and manage robust and consistent strategy and implementation of Operational Risk Management through application and preservation of Framework and Policy & Procedures (P&P) to ensure Operational Risk risks undertaken at Consumer Banking are within the objectives and approved risk appetites of the Group.

Key Responsibilities

• To drive and manage to ensure effective implementation of Operational Risk Management (ORM) Framework and P&P as a second line of defence (2LOD) function to support the objectives of CIMB Group;
• To strategically influence, guide and provide advisory on implementation and awareness of operational risk management and relevant control environment inConsumer Banking consistently and effectively to be in line with the Group’s objectives and approved risk appetites of the Group;
• To perform and manage 2LOD evaluation/assessment on new products/initiatives/projects or process related toConsumer Banking;
• To drive and manage development and deployment/implementation of ad-hoc risk analysis, deep dive investigations, control testing, and other specific risk initiativesrelated toConsumer Banking;
• To keep abreast of market and regulatory requirements related to non-financial risk management;
• To act as the central liaison and coordinator for issues/queries related toConsumer Banking by collaborating with other teams within NFRM and Group Risk;
• To lead, inspire and inculcate the EPICC Culture within the department to be in line with the Group’s cultural objectives.

Only shortlisted candidates will be notified