Manager, Operational Risk

2 weeks ago


Klang, Selangor, Malaysia GRADUAN Full time
Company

Credit Guarantee Corporation Malaysia Berhad
- location

Malaysia :
Selangor

  • 97, Jalan SS 7/2, Ss 7, 47301 Petaling Jaya, Selangor, Malaysia_


Get Direction
  • Deadline
20 Dec 2023, 1:05 AM

Job Scope

  • Design, implement and maintain an effective and consistent Corporationwide Operational Risk programme covering relevant framework, policies, guidelines, procedures and processes.
  • Manage the process of identification and assessment of operational risk through periodic Risk and Control Self-Assessment (RCSA) review exercise, taking into consideration of new mandates, new products, projects, systems and processes that could potentially influence the Corporation's key business objectives and strategies.
  • Measure and analyse the trend of Key Risk indicator (KRI) while initiating proactive controls or preventive measures for indicators that exceed the defined threshold and escalate alerts on increased current or potential level of operational risk exposures to Management and Board Level Committees to help Corporation manage emerging risks.
  • Ensure the information provided by Business Units on Operational Loss Incident Management (IM) is comprehensive and captures all material activities and exposures from all relevant Business Units and analyse the loss exposure and effectiveness of action plans.
  • Identify and develop highimpact and lowlikelihood scenarios through Operational Risk Scenario Analysis activity, that may pose significant threat to the Corporation's key business objectives and strategies from risk perspective and perform stress testing to identify the potential significant operational risk events that could pose a significant threat if they occur.
  • Establish relevant Operational Risk Appetite Statement and Tolerance addressing all major operational risks with clear limits for controlling the level of risktaking from financial and nonfinancial perspectives.
  • Increase Corporationwide risk culture level through ongoing training programmes, awareness sessions and circulations of risk articles relating to Operational Risk to create greater operational risk awareness amongst all employees.
  • Assist Internal Audit with independent evaluation and examination on the effectiveness of Operational Risk Management tools implementation.
  • Assume responsibility of other relevant tasks as assigned from time to time, i.e. Stakeholders management, Approving Authority Matrix Annual Review, Budget Review, etc.
  • Job Requirement
  • Qualification: Possess at least a Professional Certificate, Bachelor's Degree or Professional Degree in Finance/Accountancy/Banking, Economics, Business Studies / Administration / Management or equivalent. Relevant qualifications in Risk Management will be an added advantage.
  • Experience: At least 7 years of working experience in the related field is required for this position.
  • Knowledge: Knowledge of Basel Accord; BNM regulations on Risk Management; ORM system.
  • Skills / Competencies: Analytical and innovative thinking abilities and has the drive and perseverance to inculcate a sound risk management culture. Good communication and interpersonal skills. Good report writing skills. Matured, independent and possess high degree of ethics and integrity.
  • Others: A team player with energetic and flexible working style and must be able to provide guidance and support to Operational Risk employees in handling Operational Risk related tasks.
Minimum Year of Working Experience

  • 7 Years
Minimum Qualification

  • Bachelor's Degree
Minimum Grade

  • Pass / Nongradable
Field Of Study

  • Finance/Accountancy/Banking


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