Senior Executive/ AM- Operational Risk

JAC Recruitment; Kuala Lumpur; On-site; MYR 80,000 - 110,000; Full time

Job summary

A leading recruitment agency is seeking a Risk Manager in Kuala Lumpur to develop and maintain operational risk frameworks. Ideal candidates will possess a relevant degree and over 5 years of experience in risk management within the banking sector. Responsibilities include conducting risk assessments, leading business continuity planning, and managing regulatory reporting. AICB certification is a plus. Competitive compensation package offered.

Qualifications

• 5+ years of experience in operational risk management, surveillance, or business continuity within banking or financial institutions.
• Strong commercial awareness and analytical capabilities.
• Well-versed in applicable laws and regulations.

Responsibilities

• Design and maintain policies and procedures for operational risk, fraud risk, and business continuity management.
• Conduct annual risk assessments and monitor risk exposures.
• Lead business impact analyses and annual BCP testing.

Skills

Risk management

Analytical skills

Regulatory compliance

Crisis communication

Education

Bachelor's degree in Finance, Banking, Accounting or related discipline

AICB professional certification in risk management

Job description

JOB RESPONSIBILITIES

• Risk Framework Development: Design and maintain policies and procedures for operational risk, fraud risk, and business continuity management.
• Risk Assessment & Monitoring: Conduct annual risk assessments, fraud risk reviews, scenario analyses, and loss event data analysis. Monitor and report risk exposures to senior management and regulators.
• BCP Management: Lead business impact analyses, risk assessments, training programs, and annual BCP testing. Coordinate crisis communication strategies.
• Regulatory Reporting: Manage submissions to Bank Negara Malaysia’s Operational Risk Reporting (ORR) system, including KRIs and loss event reports.
• Committee Support: Act as secretariat for the Business Continuity Management Committee (BCMC).
• Advisory & Collaboration: Provide guidance to departments on risk controls, incident response, and policy development. Collaborate on fraud risk initiatives and awareness programs.
• Reporting: Prepare and submit reports to senior management and regulators.
• Risk Appetite Review: Propose annual revisions to risk appetite and limits aligned with the bank’s profile.

JOB REQUIREMENTS

• Bachelor's degree in Finance, Banking, Accounting, or a related discipline.
• Possession of an AICB professional certification in risk management is a plus.
• At least 5 years of experience in operational risk management, surveillance, or business continuity within banking or financial institutions.
• Well-versed in the applicable laws, regulations, and guidelines governing the banking and financial services sector.
• Demonstrates strong commercial awareness and sharp analytical capabilities.

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