Manager, Risk - Operational Risk, Advisory & Assurance MY

CIMB; Malaysia; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading banking institution in Malaysia seeks a professional to drive and manage the implementation of Operational Risk Management (ORM). The role entails ensuring the effective deployment of The ORM Framework and providing advisory on operational risk management within Business Units. The ideal candidate will lead initiatives such as risk analysis and control testing while fostering a culture aligned with the organization's objectives.

Responsibilities

• Drive and manage implementation of Operational Risk Management (ORM) Framework.
• Provide advisory on operational risk management in Business Units.
• Manage evaluations on new products and initiatives.

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 Business Units / Business Enablers 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 inBusiness Units / Business Enablers 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 toBusiness Units / Business Enablers;
• To drive and manage development and deployment/implementation of ad-hoc risk analysis, deep dive investigations, control testing, and other specific risk initiativesrelated toBusiness Units / Business Enablers;
• 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 toBusiness Units / Business Enablers 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.