VP, Risk & Control Leader - Operational Risk & Compliance

CIMB Bank Berhad; Kuala Lumpur; On-site; MYR 190,000 - 270,000; Full time

Job summary

CIMB Group in Kuala Lumpur seeks a Risk & Control Unit Head to drive the first line of defense in risk management across divisions and geographies. The role emphasizes strong governance, compliance, and robust control frameworks to support Bank-wide risk practices.

Leading a team, you will coordinate with regulators, ensure policy sign-off, and advance risk awareness while delivering measurable improvements in control effectiveness across the Bank and Group.

Qualifications

• Bachelor Degree holder or equivalent.
• Professional or post graduate qualifications such as Chartered Accountant, CFA, MBA, LLB
• Minimum 10 years work experience with relevant experience in a risk/audit/compliance/legal related role within the relevant business/function
• Excellent communication skills both verbal and written
• Understanding of risk drivers and ability to articulate risk to non-risk personnel
• In depth knowledge of risk related to business/function
• Able to work autonomously
• Demonstrated managerial, leadership and facilitation skills
• Understanding of how a bank operates front to back
• Good presentational skills, Microsoft Word, Excel and PowerPoint
• Agile, analytical, results oriented, detail oriented, problem solving, accuracy, urgency, timeliness, responsible, accountability and good team work

Responsibilities

• Manage operational risk and regulatory risk for the Division/Department across legal entities or geography as stated in the appointment letter
• Act as liaison and address all concerns and requirements of regulators with respect to risks within functional area of responsibility
• Proactively manage risk in the Division/Department to reduce the likelihood or impact of negative events
• Report risks to the Head of Division/Department in a timely manner to provide clear view of overall control effectiveness
• Execute the operational risk framework of the bank in a robust and disciplined manner to achieve sound risk management practices and reporting
• Partner and engage with the second line of defense to achieve optimal outcome of risk management
• Validate division/department policies, procedures, SOPs for completeness and accuracy and sign-off on all SOPs
• Build and execute the compliance risk framework within the Division/Department in a robust and disciplined manner
• Support and lead the Division/Department in proactive identification and management of compliance risk
• Identify areas with ineffective controls and work with relevant stakeholders to enhance overall control environment to mitigate compliance risks
• Establish reverence for strong risk management by applying knowledge and understanding of business products, services and processes
• Facilitate strong partnerships across various stakeholder groups and determine best methods of communication and establish escalation model
• Ensure alignment of tasks between the 3 lines of defense to minimize overlap or gaps
• Compile and analyse risk data for themes and trends and raise awareness of emerging risks in the industry
• Ensure every business and support unit within the Division/Department has an RCU team and QA testers with proper appointment execution
• Track and maintain updated list of RCU team and QA testers within the Division/Department
• Facilitate relevant training within the Division/Department and cascade risk information or program updates to RCU team and QA testers
• Provide guidance to support RCU team and QA testers in their role
• Monitor performance against relevant RCU team and QA testers KPIs
• Develop direct and indirect subordinates with well thought through and executable action plans

Skills

Communication skills

Leadership

Facilitation

MS Office

Analytical thinking

Education

Bachelor degree or equivalent

Postgraduate qualifications such as CA/CFA/MBA/LLB

Job description

CIMB Group in Kuala Lumpur seeks a Risk & Control Unit Head to drive the first line of defense in risk management across divisions and geographies. The role emphasizes strong governance, compliance, and robust control frameworks to support Bank-wide risk practices.

Leading a team, you will coordinate with regulators, ensure policy sign-off, and advance risk awareness while delivering measurable improvements in control effectiveness across the Bank and Group.