Operational Risk - Associate

TalentWork; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

TalentWork is seeking a skilled Operational Risk professional to join a well-established foreign bank in Kuala Lumpur, Malaysia. The role involves developing and implementing risk management frameworks, supporting business units with risk tools, and analyzing operational risk data. Candidates should hold a Bachelor's degree in Banking, Finance, or related fields, with relevant banking experience and proficiency in MS Access, Excel, and Word. Strong analytical and communication skills are essential. Join a dynamic team and grow your career!

Qualifications

• Bachelor's degree in a relevant field required.
• Relevant experience in a banking or financial institution with a focus on operational risk.
• Proficient in MS Access, Excel, and Word.
• Strong time management and communication skills required.

Responsibilities

• Assist in developing operational risk frameworks and policies.
• Support units in applying risk management tools effectively.
• Investigate operational risks and implement prevention strategies.
• Analyze risk data and prepare reports for stakeholders.
• Facilitate training on operational risk.
• Monitor regulatory updates relevant to operational risk.

Skills

Operational Risk Management

Analytical Skills

Communication Skills

Problem-Solving

Time Management

Education

Bachelor's degree in Banking, Finance, Accounting, or Business Administration

Tools

MS Access

Excel

Word

Job description

Job Summary

Our Client, a well-established Foreign Bank in Malaysia is seeking a person skilled and experienced in Operational Risk to join their dynamic team. The successful candidate will assist in the execution and activities for Operational Risk matters for the bank.

Key Responsibilities

• Assist in development, enhancement, and implementation of operational risk management frameworks/policies/procedures
• Coordinate and provide support to the bank's business and support units in using appropriate risk management tools/techniques to enhance control effectiveness and operational risk monitoring
• Investigate root cause of operational risks, implement strategic plan to prevent, eliminate and mitigate the risk events from re-occurring in future.
• Analyse operational risk data and trends and prepare relevant risk reports for related committees and stakeholders (eg: BNM, Parent Bank)
• Facilitate training and awareness program on Operational Risk
• Keep abreast with regulatory updates and work with relevant stakeholders to implement and enhance operational risk of the bank

Qualifications and Skills

• Bachelor's degree in Banking, Finance, Accounting, or Business Administration.
• Relevant working experience in a bank or financial institution, with exposure in Operational Risk
• Proficient in computer skills, including MS Access, Excel, and Word.
• Strong time management abilities.
• Attention to detail, good problem-solving, analytical, and communication skills.