Senior Risk & Compliance Manager - Takaful

FWD Life Insurance Public Company Limited; Malaysia; On-site; MYR 120,000 - 180,000; Full time

Job summary

FWD Takaful Berhad in Malaysia seeks an experienced Senior Risk Manager to lead Enterprise Risk Management initiatives, ensuring regulatory compliance with BNM and strengthening governance across business units.

You will mentor teams, oversee risk assessments for products and initiatives, and coordinate risk awareness programs while maintaining strong relationships with regulators and internal stakeholders.

Qualifications

• Bachelor's degree in risk management, Business Administration, or related field.
• Experience in risk management with leadership exposure.
• Familiarity with regulatory requirements (BNM) and enterprise risk frameworks.
• Professional certifications (IERP, ICA, LOMA, etc.) preferred.

Responsibilities

• Ensure compliance with BNM and regulatory guidelines, including reporting and remediation.
• Oversee risk assessments for new products, projects, outsourcing arrangements, and digital initiatives.
• Coordinate RCSA, ICP, KRIs, Risk Incidents, and Issue Management processes.
• Oversee operational risk profiling and mitigation of material risks.
• Lead incident management and escalation to group office as required.
• Contribute to risk-related projects and system enhancements for efficiency.
• Maintain relationships with regulators, auditors, and internal stakeholders.
• Mentor and supervise junior team members on risk and compliance best practices.
• Coordinate risk awareness programs and internal communications.

Skills

Risk management

Regulatory requirements

Enterprise risk frameworks

ORM/ORR knowledge

Stakeholder management

Leadership

Analytical skills

Reporting skills

Education

Bachelor's degree in risk management

Business Administration

Related field

Job description

FWD Takaful Berhad in Malaysia seeks an experienced Senior Risk Manager to lead Enterprise Risk Management initiatives, ensuring regulatory compliance with BNM and strengthening governance across business units.

You will mentor teams, oversee risk assessments for products and initiatives, and coordinate risk awareness programs while maintaining strong relationships with regulators and internal stakeholders.