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VP, Operational Risk (Retail Banking)

Hays Recruiting MY

Kuala Lumpur

On-site

MYR 80,000 - 120,000

Full time

7 days ago
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Job summary

A fast-growing financial institution in Kuala Lumpur is looking for an Operational Risk Professional. This role involves overseeing operational risk and compliance, conducting control tests, and managing remediation plans. Candidates should have a Bachelor's Degree in a relevant field and leadership experience, with competitive compensation and career development opportunities.

Benefits

Competitive performance-based bonus structure
Opportunities to work with a market-leading team
Excellent career support and leadership training
Autonomy to develop into a senior management role

Qualifications

  • Proven experience in operational risk management, controls, and audit interfacing.
  • Understanding of complex risk issues and decision-making power.
  • At least 2 years of leadership experience.

Responsibilities

  • Oversee operational risk and compliance within the financial services division.
  • Conduct control tests and manage remediation plans.
  • Prepare risk reports ensuring regulatory adherence.

Skills

Analytical skills
Effective communication
Strong leadership

Education

Bachelor's Degree in statistics, mathematics, economics, accounting, actuarial science, finance or a related discipline

Tools

Microsoft Office

Job description

Your new company

This organisation is a fast-growing financial institution which strives to deliver the best experience for its customers. They offer multiple products and are currently looking for an Operational Risk Professional to join the fast-growing team.

Your new role

The Risk & Control VP role in Retail Operations involves overseeing operational risk and compliance within a financial services division. Key responsibilities include conducting control tests, managing remediation plans, ensuring adherence to regulatory requirements, and preparing risk reports.
The role demands strong knowledge of banking regulations, risk management practices, and audit processes. Candidates should possess analytical skills, effective communication abilities, and proficiency in Microsoft Office tools. The position offers regional exposure and career growth opportunities within a dynamic and expanding business services hub focused on innovation and operational excellence.

What you'll need to succeed

To ensure your success in this role, you will possess:
  • Bachelor's Degree in statistics, mathematics, economics, accounting, actuarial science, finance or a related discipline
  • Proven experience in operational risk management, controls, and audit interfacing.
  • Understanding of complex risk issues, strong analytical skills, decision-making power, resilience, and a sense of responsibility
  • A great leader with at least 2 years of leadership skills

What you'll get in return

In return for your dedication and hard work, you’ll be rewarded with:
  • Competitive compensation package including a competitive performance-based bonus structure and consistent career development
  • Opportunities to work with a market-leading team within the banking industry
  • Excellent career support and leadership training
  • Autonomy and opportunities to develop into a senior management role

What you need to do now

If you're interested in this role, click 'apply now' or forward an up-to-date copy of your CV to hungkhang.teh@hays.com.my. If this job isn't quite right for you, but you are looking for a new position, please contact Hung Khang at Hays on +603-7890 6358 for a confidential discussion on other opportunities in Risk Management.

At Hays, we value diversity and are passionate about placing people in a role where they can flourish and succeed. We actively encourage people from diverse backgrounds to apply.

#1277794 - Hung Khang Teh
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