Associate Director, Transaction Banking

4 weeks ago


Malaysia CIMB Full time

Key Responsibilities :

Analysis of gaps and Improvement of Control Environment

  1. Review and perform analysis and highlight gaps/concerns or area of improvements for unit under purview.
  2. Ability to articulate clearly the gaps/concerns to stakeholders/HOD and proposed attainable and operational efficient operational solutions.
  3. Actively participate in risk initiative/plans and strategy to improve the control environment for unit under purview.

Initiate strong compliance and operational risk management practices

  1. Ensure that the GC and GNFRM Policies and Procedures, laws/regulations/guidelines (including any updates), are communicated, to all staff within the units under purview.
  2. Ensure internal Policies and Procedures and/or Standard Operating Procedures are updated by business unit under purview to address laws/ regulations/ guidelines issued, wherever relevant/ applicable;
  3. Review and follow-up on any non-compliance (regulatory and operational) issues escalated within the respective units under purview for appropriate closure;
  4. Execute the operational risk framework of the bank as per GNFRM policy and procedure and ensure data is accurately recorded in a timely manner in the SHARP system for reporting and record purpose. of record
  5. For control gaps/ regulatory gaps/ compliance controls weaknesses identified, obtain agreement with unit responsible to ensure action plans (Control Issue Management - CIMs) are appropriate, prioritized, sustainable and that action plans are closed by the committed due date.
  6. Work with business unit under purview and RCU, carry out the implementation of the RCSA and ensure that the CET is updated and complete with the relevant processes / requirements / laws/ regulations/ guidelines and tested accordingly.
  7. With the support from RCU, provide on-going compliance and operational risk awareness training as required.
  8. Review and follow-up on any non-compliance (regulatory and operational) issues escalated within the respective units under purview for appropriate closure;
  9. Discuss with and obtain approval from the HOD and RCU before escalating and reporting the regulatory non-compliance issues;
  10. Provide guidance as needed to support the business in meeting their risk objectives
  11. Complete and support any ad-hoc tasks assigned by supervisor.

Job Specification :

Qualification - Bachelor's Degree and/or Professional Qualification in any discipline

Relevant Work Experience - Minimum 5 years experiences with coverage in either Risk Management or Compliance

Required Competencies and Skills :

  • Possesses a good working knowledge in general banking regulations and Risk Management other relevant processing knowledge.
  • Good written and verbal communication skills and able to communicate at all levels of seniority.
  • Good Stakeholders Management skills with the aptitude for influencing and negotiating internal and external stakeholders as well as the ability to organise and drive client's dialogues.
  • A client centric with strong presentation and training skills.
  • A highly motivated team player who is driven, focused, discipline and able to work under minimum supervision by taking ownership and delivering goals independently.
  • Being able to work in virtual teams and in matrix structures as part of a global team.
  • Strong analytical skills and the ability to adopt a creative approach in problem-solving as well as having general technology skills and awareness.
  • A self-starter with strong organisational, planning, decision-making and lateral thinking skills, in addition to being able to prioritise workloads to ensure critical deadlines are met while remain resilient under pressure.
  • Highly motivated, self-sufficient, with a strong willingness to learn and take on new challenges.
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