Risk Control Specialist, iCIMB & CCBO - Risk Control Unit (RCU) MY

CIMB; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A financial services company in Kuala Lumpur is seeking a professional to manage operational and compliance risks within its operations. You will execute frameworks, liaise with regulators, and support onboarding processes. Candidates should possess strong risk management skills and the ability to work closely with various departments. This role promises a dynamic work environment with significant responsibilities.

Responsibilities

• Responsible for management of operational risk and compliance risk for units.
• Execute operational risk framework to meet desired validation scores.
• Act as liaison for regulatory examination regarding risks.
• Support and guide testers in daily tasks.
• Advise and identify potential risk exposure.
• Assess effectiveness of DCORO performance.
• Manage onboarding of new processes and assess risk matters.
• Participate in new projects and assess related risks.

Job description

Responsibilities

• Responsible for management of operational risko and compliance risk for units within Group Operations MY as stated in the appointment letter.
• Execute operational risk framework as per Group Non-Financial Risk Management NFRM & Group Compliance (“GC”) requirements to meet desire validation score for Group Opertaions as a whole.
• For external regulatory examination: the Risk & Control Officer is responsible to act as a liaison and address all concerns and requirements of regulators with respect to risks within their functional area of responsibility.
• Provide support and guidance to the DCORO & QA testers in performing their daily task and activity
• Work closely with the HODs in term of advising as well as identifying potential risk exposure occuring at the Operations department.
• Assess and ensure the effectiveness of the DCORO performance are maintained and to provide input to HODs.
• Working closely with RCU (Onboarding Management) and Operation Department in ensuring that the onboarding of new processes are managed well and risk matters are assessed prior to onboarding.
• Participate in new projects initiated by Operation department and to assess the risk related mattes.