Manager, Risk Management
6 days ago
The Manager, Risk Management (Risk Validation) will be responsible for providing quality assurance on various validations for all departments within Group Risk Management. The role will also review the quantitative independent validation and provide insights on the performance of credit models that will have a direct impact on the Bank's P/L. This role will report to the Head, Group Risk Management (Risk Validation).
Key Responsibilities
- Qualitative Validation
- Conduct independent validation on RCSAs, CSAs, CIRs, Risk Policies, Reports, and SOPs for all departments within Group Risk Management to ensure the quality assurance of operational risk controls and mitigations are embedded in their respective area of operation. In addition, controls are robust, up to date, and in compliance with the requirements stipulated by the Bank and regulators.
- Quantitative Validation
- Review the ICAAP and Stress Test Validation requirements for verification performed by the team on the Bank's capital sufficiency to sustain its operations under normal and stressed market conditions.
- Review and highlight findings of Cash Flow and Fair Value Hedge Effectiveness Test Validation performed by the validation team.
- Assist the team to analyze and validate data and files provided by model owners to ensure all computations and statistical results of MFRS9 Models, Application & Behavioral Scorecards are accurate.
- Business Continuity Plan Coordinator for Group Risk Management
- Assess the risk level situation and impact disruption for all departments and act as liaison person for all BCP activation procedures and responses.
Minimum Qualifications:
- Bachelor's Degree in Finance/Banking/Administration/Actuarial or its equivalent.
- Minimum 8 years' experience in banking/finance/audit/compliance with at least 3 years of experience in middle management in the areas of risk management, audit, or compliance.
- Strong knowledge of risk management procedures and regulatory requirements of banking and financial institutions.
Mid-Senior level
Employment TypeFull-time
Job FunctionGeneral Business, Analyst, and Consulting
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