Manager, Operational Risk Management

6 months ago


Kuala Lumpur, Malaysia Prudential plc Full time

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Job Summary:
Reporting to the AD, Non Financial Risk, the objective of this role is to assist in providing support to the management team of Prudential Assurance Malaysia Berhad (PAMB) with the required risk knowledge/updates necessary for better and well-informed strategic/business decision making. It includes the management of operational risks on an ongoing basis and risk committee and regulatory reporting in PAMB.

Principal Duties & Responsibilities:
Advisory & Leadership
- Defines operational risk standards and specifications around which others will operate.
- Exercise adequate oversight on PAMB’s operational risk environment in compliance with the Group, PCA, local and regulatory Corporate Governance and Risk Management Framework.
- Implementation and coordination of Risk Management initiatives (including risk reviews and risk related projects) within PAMB, through proactive engagement with the Risk Coordinators and other key stakeholders.
- Development and maintenance of Risk Management related assessment tools, policy and guidelines.
- Assist and support other operating divisions on risk related matters. Ensure sufficient depth of risk analysis and develop mechanisms for the tracking of the risk identified.
- Work with stakeholders to continually identify opportunities to build, enhance and further optimize the existing risk management system in supporting the overall company’s strategies.

Monitoring and Reporting
- Timely coordination, review, submission and escalation of all applicable management reports; this includes coordination and review of Functional Area Risk Reports, preparation of company-wide risk reports and presentation for applicable management’s approval.
- Prepare Board papers including risk updates, and material internal incident reporting.
- Support senior manager to continuously review processes identifies and ensure corrective and preventive actions are instituted.
- Perform risk-based audits on identified high risk areas to provide value-added assessment and recommendation to stakeholders to rectify and mitigate the weaknesses and observations noted.

Awareness and Culture
- Provide Risk Management related trainings/ workshops to Risk Coordinators and/ or other related parties, to enhance their knowledge on risk management or to facilitate implementation on risk initiatives.
- Conduct Risk Awareness Programme to all staff to create company-wide awareness.

Job Specification:
**Qualifications**:

- Holder of graduate degree from a reputable institution (preferably majoring in Risk Management, Accounting, Finance or other related disciplines).
- Certification in risk management and/or internal audit would be advantageous.

Experience

Minimum of 5 years relevant working experience in Operational Risk Management, Internal Control or Audit, preferably gained from Insurance or Financial Services industry.

Knowledge
- Good knowledge of Operational Risk Management framework, methodologies, policies and practices, including published Risk Management standards.
- Proactive, possess strong analytical, presentation and report writing skills.
- Highly disciplined and diligent in driving deliverables strictly within defined timelines.
- Must be meticulous with the ability to work under pressure.
- A self-starter, work independently with limited guidance, solution orientated and team player.
- Strong command of English (spoken and written).
- Excellent communication (writing and presentation), interpersonal skills, teamwork, and stakeholder management.
- Proven ability to build and maintain effective working relationships across functions.



  • Kuala Lumpur, Malaysia Tune Protect Group Full time

    **The Core Job**: - Conducting BCP Exercises - Managing Bank Negara Reporting - Oversight of LOFA (Letter of Offer & Acceptance) processes - Dealing with all regulatory bodies for reporting - Monthly Orion Reporting - Conducting Risk & Control Assessment (RCSA) - Assisting in the preparation of Board reports (Risk Papers) Due Diligence of Outsourcing...


  • Kuala Lumpur, Malaysia Tune Insurance Malaysia Berhad Full time

    **The Core Job**: - Conducting BCP Exercises - Managing Bank Negara Reporting - Oversight of LOFA (Letter of Offer & Acceptance) processes - Dealing with all regulatory bodies for reporting - Monthly Orion Reporting - Conducting Risk & Control Assessment (RCSA) - Assisting in the preparation of Board reports (Risk Papers) - Due Diligence of Outsourcing...


  • Kuala Lumpur, Malaysia FNZ Group Full time

    Operational Risk Manager **Summary of Role Purpose** This position is located within our Malaysia office and has responsibility to perform Line 1 risk management duties and drive the day-to-day risk management activities of the APAC Business. The key objective of role is ensuring that the first line risk and compliance arrangements are run in an efficient,...


  • Kuala Lumpur, Malaysia FNZ Full time

    This is truly a unique and exciting opportunity! Whether you’re an experienced risk professional looking for a new challenge, or an experienced Financial Services professional, looking to branch out and utilise your knowledge to help mitigate risk across our business, this could be the role for you!- As Risk Manager, you will play a pivotal role within our...


  • Kuala Lumpur, Malaysia Warisan TC Management Service Sdn Bhd Full time

    **1st Job Responsibilities**: Assist Head of Group Risk Management/ Group Integrity Officer to facilitate the implementation of the risk management initiatives and Anti-Bribery and Anti-Corruption ("ABAC") Policy across the Warisan TC Holdings Berhad group of companies ("Group"). **Responsibilities**: - Execute the assigned Risk Management initiatives...


  • Kuala Lumpur, Malaysia Warisan TC Management Service Sdn Bhd Full time

    **1st Job Responsibilities**: Assist Head of Group Risk Management/ Group Integrity Officer to facilitate the implementation of the risk management initiatives and Anti-Bribery and Anti-Corruption ("ABAC") Policy across the Warisan TC Holdings Berhad group of companies ("Group"). **Responsibilities**: - Execute the assigned Risk Management initiatives...

  • Assistant Manager

    2 months ago


    Kuala Lumpur, Malaysia Hong Leong Bank Full time

    If you are looking to excel and make a difference, take a closer look at us 1. Regulatory and Management Reporting - Monitor and report operational loss events and key risk indicators to BNM, and where relevant, to PayNet. - Prepare operational risk dashboard on major operational loss events for Management updates. - Liaise with Business / Support Unit’s...


  • Kuala Lumpur, Malaysia Hong Leong Bank Full time

    If you are looking to excel and make a difference, take a closer look at us 1. Project Management - Liaison between ORM, business and IT / vendors and manage project deliverables. - Monitor and track project budget and resource utilization - Proactively seek for resolution for project issues 2. Business Analyst and Support - Translating regulatory and...


  • Kuala Lumpur, Malaysia Mastercard, Inc. Full time

    Manager, Risk Management **Our Purpose** We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize...

  • Assistant Manager

    2 months ago


    Kuala Lumpur, Malaysia Hong Leong Bank Full time

    If you are looking to excel and make a difference, take a closer look at us 1. RCSA Design and Control Testing Review - Review and analyze process flows / procedures / policies and identify risks associated with the business function - Assess process gaps and develop corrective actions to strengthen control - Work closely with Business / Support Units...


  • Kuala Lumpur, Malaysia Bank Islam Full time

    Req ID: 5787- Job Description: - **Summary** To assist and support Head of Shariah Risk Management in managing Shariah Non-Compliance Risk (SNCR) within the Group’s integrated risk management framework. To ensure the Group is operating in line with the Bank Negara Malaysia’s requirement as well as Shariah ruling issued by the Shariah Supervisory...


  • Kuala Lumpur, Malaysia IT Business Solutions Sdn Bhd Full time

    Job description Group Security & Resilience Manager/Senior Manager, Third-Party Risk Reporting line Director/Head, Third-Party Risk Oversight Location Based in Kuala Lumpur. Requirement to travel in Group locations is low (10%) Purpose of Senior Manager role: Working with Group functions: Group Technology, Group Finance (particularly Procurement),...


  • Kuala Lumpur, Malaysia Sinergia Talents Sdn Bhd Full time

    **Aim of the job**: - Support the end-to-end activities of risk management. **Main responsibilities and activities**: - Conduct risk assessments, collecting and analyzing documentation, statistics, reports and market trends. - Establishes policies and procedures to identify and address risks in the organizations services and departments. - Reviews and...


  • Kuala Lumpur, Malaysia Nestle Operational Services Worldwide SA Full time

    **Position Snapshot** Location: Petaling Jaya, Selangor, MY Company: Nestlé Malaysia Full-time Bachelor’s Degree 4+ years of experience **Position Summary** Joining Nestlé means you are joining the largest Food and Beverage Company in the world. At our very core, we are a human environment - passionate people driven by the purpose of enhancing the...


  • Kuala Lumpur, Malaysia United Overseas Bank (Malaysia) Bhd Full time

    **About UOB**: United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and...


  • Kuala Lumpur, Malaysia MUFG Bank (Malaysia) Berhad Full time

    **Do you want your voice heard and your actions to count?** Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 160,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term...


  • Kuala Lumpur, Malaysia MSP HITECT (M) SDN BHD Full time

    **RISK & COMPLIANCE MANAGER** **Job Overview**: The Risk & Compliance Manager is a key professional responsible for identifying, assessing, and managing potential risks that could impact an organization's financial stability, reputation, or operational efficiency. In addition to traditional risk management duties, this role includes overseeing incident...


  • Kuala Lumpur, Malaysia Generali Malaysia Full time

    **Job Scope** To support the Head Operational Risk in establishing risk management strategies and capabilities to optimize the company’s risk vs return on capital employed in-line with the prevailing regulatory requirements. The incumbent is responsible for assisting in developing and managing a robust operational risk analytics capability through...


  • Kuala Lumpur, Malaysia Ahmad Zaki Resources Berhad Full time

    Job Responsibilities: - Develop and implement of Risk Management Policy and Procedure to all subsidiary and department within AZRB Group - Continuous communicate, evaluate and improve the Risk Management Policy and Procedure - Execute and provide risk management services such as facilitation and other advisory services to ensure that all subsidiary and...


  • Kuala Lumpur, Malaysia Vinarco Full time

    Job Description: **Client**: A subsidiary of a leading oil and gas exploration and production company. **Location**: Kuala Lumpur, Malaysia **Type of hiring**: 1-3 years Contract **Responsibilities**: - The Advisor, Risk Management is in charge of coordinating Enterprise Risk Management processes to ensure that risks at all levels are fully handled and...