Operational Risk Director
4 days ago
Company Overview
">- Funding Societies | Modalku Group is a leading digital financing platform in Southeast Asia, licensed in Singapore, Indonesia, Thailand, and registered in Malaysia.
- We are backed by prominent investors such as Sequoia India and Softbank Ventures Asia Corp.
- Our mission is to provide business financing to small and medium-sized enterprises (SMEs) through crowdfunding from individual and institutional investors.
Job Summary
">- This role will work closely with internal and external stakeholders to identify and assess underlying risks, providing advice and solutions/controls to address related risk concerns.
- The successful candidate will assist in building up the regional and local Operational Risk Frameworks and controls, including business continuity and third-party risk management.
Key Responsibilities
">- Develop, review, and maintain regional and country-specific operational risk governance frameworks, policies, procedures, and risk registers.
- Conduct independent reviews and challenge risk control self-assessments (RCSA) and root cause analyses in collaboration with risk owners.
- Oversee and support operational risk incident reporting, ensuring timely implementation of corrective actions and process improvements.
- Review and test business resilience frameworks, collaborating with Crisis Management teams to ensure effective crisis response.
- Manage third-party outsourcing/vendor governance frameworks, working closely with departments to ensure compliance with regulatory requirements.
- Collaborate on risk-driven projects/initiatives, actively participating in the development of new products and services to ensure operational risk considerations are addressed.
Requirements
">- A good Degree in Finance, Business, Accountancy or related fields of study.
- At least 8 years of relevant working experience in operational risk within a financial institution.
- Strong analytical skills with good knowledge of risks and controls in the financial industry.
- Excellent interpersonal, communications, and presentation skills, with ability to work across different departments.
- Fluent in written and spoken English.
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