Vice President, Capital Management (Projects)

AFFIN Group; Kuala Lumpur; On-site; MYR 80,000 - 100,000; Full time

Job summary

AFFIN Group in Kuala Lumpur is seeking a Finance Lead to oversee the implementation of the Internal Ratings-Based (IRB) approach for credit risk under the Basel framework. The ideal candidate should have a Bachelor's degree in Finance or a related field and 6-8 years of banking experience, preferably in Finance, Risk, or Capital Management. Responsibilities include ensuring IRB outputs are fully integrated into Finance activities and supporting system readiness while maintaining documentation for audit reviews.

Qualifications

• Minimum 6-8 years of experience in banking, preferably in Finance, Risk, or Capital Management.
• Familiarity with regulatory frameworks such as Basel capital rules, ICAAP and MFRS 9.
• Proven experience in regulatory implementation projects, ideally involving IRB or credit risk models.

Responsibilities

• Lead Finance’s role in the end-to-end implementation of the IRB approach for credit risk.
• Ensure IRB model outputs are integrated into financial planning, capital forecasting, and performance management.
• Support the integration of IRB metrics into pricing, profitability, and capital allocation frameworks.

Skills

Strong analytical skills

Communication skills

Problem-solving skills

Banking experience

Regulatory implementation experience

Education

Bachelor’s degree in Finance, Accounting, Economics, or a related quantitative field

Job description

Overview

Create the future with Affin! You too can make a difference.

We continuously innovate to transform our financial services landscape - making banking better and easier. Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. You too can make a difference.

This role serves as the Finance lead for the successful implementation of the Internal Ratings-Based (IRB) approach for credit risk under the Basel framework. The successful candidate will ensure that IRB model outputs are effectively embedded into key Finance activities, including capital planning, stress testing, performance analysis, capital optimization and regulatory reporting. As part of a cross-functional team, the role will also lead Finance’s readiness for IRB use tests and regulatory validation, while supporting broader capital management initiatives.

Responsibilities

• Lead Finance’s role in the end-to-end implementation of the IRB approach for credit risk.
• Ensure IRB model outputs are integrated into financial planning, capital forecasting, and performance management.
• Support the integration of IRB metrics into pricing, profitability, and capital allocation frameworks.
• Oversee the implementation of risk-based pricing models, including coordination with consultants, stakeholder engagement, training, and handover.
• Provide Finance input for ICAAP, stress testing, capital optimization, and regulatory reporting processes.
• Analyse differences between IRB and standardized capital metrics and assess their financial implications.
• Support system readiness, including UAT, parallel runs, and reconciliation between risk and finance data sources.
• Maintain comprehensive documentation to support Finance’s role in IRB implementation, including assumptions, methodologies, and evidence for audit and regulatory reviews.
• Ensure financial disclosures, including Pillar 3 and ICAAP documentation, reflect IRB-based capital metrics where applicable.
• Update Finance policies, procedures, and internal control frameworks to reflect IRB integration and regulatory expectations.
• Track and report Finance-related project progress, risks, and dependencies to relevant stakeholders.
• Perform any additional responsibilities or strategic assignments as assigned by management from time to time.

Skills/Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related quantitative field.
• Minimum 6-8 years of experience in banking, preferably in Finance, Risk, or Capital Management.
• Familiarity with regulatory frameworks such as Basel capital rules, ICAAP and MFRS 9.
• Proven experience in regulatory implementation projects, ideally involving IRB or credit risk models.
• Strong analytical, communication, and problem-solving skills.
• Experience working effectively with cross-functional teams and external consultants.