Risk Management Manager - Operational & Regulatory Risk

Pacific & Orient Insurance Co.; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading insurance company in Kuala Lumpur is seeking a Risk Management Manager. This role focuses on implementing risk management strategies to ensure compliance with Bank Negara Malaysia policies. The ideal candidate has at least 5 years of experience in risk management within the financial sector and holds a relevant degree. Responsibilities include reviewing strategic risks, preparing accurate reports on operational risks, and developing documentation for the Enterprise Risk Management process. The position offers a strategic role within an established team.

Qualifications

• At least 5 years’ experience in Risk Management in the financial industry.
• Preferably with certification in Risk Management.

Responsibilities

• Implement risk management strategies and policies for compliance.
• Review Strategic and Operational Risk for the organization.
• Prepare reports on Operational Risk reporting accurately and timely.

Skills

Risk management strategies and policies

Strategic and Operational Risk review

Regulatory compliance

Documentation of Enterprise Risk Management process

Organizational and planning skills

Education

Degree in related discipline

Job description

Risk Management Manager - Operational & Regulatory Risk

Implement risk management strategies and policies in ensuring Company's compliance with Bank Negara Malaysia (BNM) policies and other regulatory requirements.

Perform review on Strategic and Operational Risk for organisation and on-going risk management cycle.

Perform review on Risk Management Framework, Risk Appetite Statement, Internal Capital Adequacy Assessment Process ("ICAAP") Capital Management and Contingency Funding Plan.

Prepare and deliver reports accurately and timely on Operational Risk reporting such as BNM ORR (KRI and loss event), Scenario Analysis (OR and Climate Risk), outsourcing activities and etc.

Develop and maintain proper documentation of the Enterprise Risk Management process.

Work closely with Risk Management Committee members and HODs in monitoring and identifying operational risk related matters.

Requirements:

Degree in related discipline.

At least 5 years’ experience of Risk Management in financial industry.

Preferably with certification in Risk Management.

Able to organise and plan strategically.