Risk Control Specialist, GWBCOOO - Risk Control Unit (PB) MY

CIMB; Malaysia; On-site; MYR 100,000 - 140,000; Full time

Job summary

A leading banking institution in Malaysia is seeking a dedicated Compliance Manager to drive risk management and compliance initiatives. The incumbent will lead efforts to enhance effective controls, train teams, and monitor compliance risk frameworks. A Bachelor's degree and 7+ years of experience in risk or compliance are required. This role promotes employee development and engages various stakeholders. The company offers a full-time position with opportunities for professional growth and training.

Qualifications

• Minimum 7 years of work experience in risk/audit/compliance/legal related role.
• Ability to develop action plans for subordinate development.
• Skilled in soliciting performance feedback.

Responsibilities

• Proactively manage and report risks to the Head of Division/Department.
• Execute compliance and operational risk frameworks.
• Monitor performance and facilitate team development.

Skills

Excellent communication skills

Risk management

Compliance implementation

Education

Bachelor Degree or equivalent

Professional qualifications (Chartered Accountant, CFA, MBA, LLB)

Job description

Malaysia

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Job Description

Key Responsibilities

• Proactively manage the risk in the Division/Department to reduce the likelihood or impact of negative events.
• Responsible to report and promptly escalate, where necessary, risks to the Head of Division/Department in a timely manner so that the Head of Division/Department has a clear view of the overall control effectiveness of the unit.
• Execute the operational risk framework of the bank in a robust and disciplined manner to achieve sound risk management practices.
• Proactively collaborate and engage with the second line of defense to achieve an optimal outcome of risk management for the Bank.
• Proactively validate division/department policies, procedures, SOPs for completeness and accuracy, sign off on all SOPs, including validation of tests done by QA Testers/DCOROs.

Promote and Maintain Regulatory Compliance

• Execute the compliance risk framework within the Department in a robust and disciplined manner to achieve sound compliance risk management practices.
• Support and lead the Department in relation to proactive identification and management of compliance risks.
• Proactively identify areas with ineffective controls and work with the relevant stakeholders to enhance overall control environment to mitigate compliance risks.

Champion the Risk and Compliance Culture

• Establish a reverence for strong risk management.
• Facilitate strong partnerships with various stakeholders, determine best methods of communication and establish escalation model.
• Ensure alignment of tasks between the three lines of defense to minimize overlaps or gaps arising from execution of role and responsibilities.
• Assist the RCU Head in his/her duties to raise awareness on operational risk and compliance, within the Department.
• Ensure every business and support unit within the Department has appropriate RCS, DCORO and QA testers and the appointments are properly executed via GHR.
• Track and maintain an updated list of RCU team members (onboarding and offboarding) within the Department.
• Facilitate all relevant trainings within the Department and cascade relevant risk information or program updates to the RCU team including DCOROs, QA testers and respective business heads.
• Provide guidance as needed to support RCU team.

Employee Engagement and Development

• Monitor performance of the relevant RCU team, including DCOROs and QA testers by soliciting and incorporating performance feedback from Head of Group ORM, Head of Group Compliance and RCU Head.
• Develop direct and indirect subordinates by ensuring each has a well thought through and executable action plan to help them achieve their development goals and needs.
• Provide timely feedback to staff and complete appraisal processes in line with the Bank’s process.
• Comply with HR performance processes and meet internal KPIs.
• Attract, develop and retain talent.
• Lead and actively support the team to encourage and create an environment that encourages open and honest dialogue and escalation of issues.

Key Requirements

• Educational qualification: Bachelor Degree holder or equivalent.
• Professional qualifications: Professional or post graduate qualifications (Chartered Accountant, CFA, MBA, LLB).
• Minimum 7 years of work experience with relevant experience in risk/audit/compliance/legal related role.
• Excellent communication skills, both verbal and written.

Job Info

• Job Identification 32582
• Job Category Compliance
• Posting Date 11/07/2025, 01:54 PM
• Apply Before 06/30/2026, 01:54 PM
• Job Schedule Full time