Senior Executive, Enterprise Risk Management

MSIG Malaysia; Kuala Lumpur; On-site; MYR 89,000 - 134,000; Full time

Benefits offered by this job

Medical

Education Support

Dental Vision

Insurance Coverage

Hybrid Workplace

Birthday Leave

Long Service Award

Company Annual Dinner

Sport Club

Car and Housing Loan Interest Subsidy

Job summary

MSIG Malaysia is seeking a Risk Management Senior Executive to support the Head of Department in providing effective risk management services and strengthening risk governance across the Company. You will assist in monitoring risk indicators, maintaining risk registers, and coordinating RMIA and reporting to Management.

This role involves exposure to regulatory reporting and outsourcing risk reviews within a dynamic financial services environment.

Qualifications

• Degree holder or professional qualification in Actuarial Science, Risk Management, or Finance.
• Preferably 2 years of working experience in risk management or actuarial-related fields within the financial services industry.
• Good knowledge and understanding of the insurance business, operations and industry practices.
• Excellent written and verbal communication skills.
• Strong report writing and presentation skills.
• Good interpersonal and stakeholder management skills.
• Proactive, assertive and detail-oriented.

Responsibilities

• Assist in managing the Company Risk Profile and Department Risk Register.
• Assist in monitoring and reporting Key Risk Indicators and Key Control Indicators.
• Assist in performing independent assessment to evaluate the effectiveness of risk controls.
• Assist in coordinating and conducting RMIA for key risk areas.
• Assist in preparing RMIA report for Management reporting.
• Assist in preparing data required for submission in the capacity of Submission Officer (SO).
• Assist in managing the BNM ORR reporting for LED and KRI.
• Assist in performing outsourcing risk review in compliance with BNM requirement.
• Assist in managing outsourcing review for existing and new outsourcing activities.
• Assist in reviewing and updating the Risk Monitoring Report quarterly.
• Assist in reviewing ERM-related policies, regulations, guidelines and manual.
• Perform other functions and duties as required by superior from time to time.

Skills

2 years experience in risk management

Excellent written and verbal skills

Strong report writing and presentation

Interpersonal & stakeholder management

Proactive and detail oriented

Education

Actuarial Science

Risk Management

Finance

Job description

We are looking for a Risk Management Senior Executive to join our team and support the Head of Department in providing effective risk management services. You will play an important role in strengthening risk governance and ensuring sound operational risk management across the Company.

Key Responsibilities:

• Assist in managing the Company Risk Profile and Department Risk Register.
• Assist in monitoring and reporting Key Risk Indicators and Key Control Indicators.
• Assist in performing independent assessment to evaluate the effectiveness of risk controls.
• Assist in coordinating and conducting RMIA for key risk areas.
• Assist in preparing RMIA report for Management reporting.
• Assist in preparing data required for submission in the capacity of Submission Officer (SO).
• Assist in managing the BNM ORR reporting for Loss Event Data (LED) and Key Risk Indicator (KRI).
• Assist in performing outsourcing risk review in compliance with BNM requirement.
• Assist in managing outsourcing review for existing and new outsourcing activities.

Reporting & Others

• Assist in reviewing and updating the Risk Monitoring Report quarterly.
• Assist in reviewing ERM-related policies, regulations, guidelines and manual.
• Perform other functions and duties as required by superior from time to time.

Requirements:

• Degree holder or professional qualification in Actuarial Science, Risk Management, or Finance.
• Preferably 2 years of working experience in risk management or actuarial-related fields within the financial services industry.
• Good knowledge and understanding of the insurance business, operations and industry practices.
• Excellent written and verbal communication skills.
• Strong report writing and presentation skills.
• Good interpersonal and stakeholder management skills.
• Proactive, assertive and detail-oriented.

What We Offers:

• Medical, Education Support, Dental Vision, Insurance Coverage, Car and Housing Loan Interest Subsidy, Hybrid Workplace (depends to nature of role), Birthday Leave, Long Service Award, Company Annual Dinner, Sport Club.