Vice President, Risk Control Unit My

1 week ago


Malaysia CIMB Group Full time

**Key Responsibilities**
- Holistically monitor, coordinate and manage Regional Offices to strengthen the overall strategic objectives at Regional RCU
- Build and manage relationships with key contacts and senior management in related roles across Group Consumer Banking, Second/Third Line of Defense and other Key Stakeholders.
- Prompt incident escalation and reporting to Regional RCU Head upon collaboration with relevant stakeholders to co-design and enforce controls that minimize exposure to potential threat
- Establish clear communication channels, provide regular reporting on the risk landscape, and collaborate with business units and stakeholders.
- Ideate & strategize Predictive Analytics & Real-Time Monitoring & Alerts for Ops Risk i.e data analytics in tandem with regulatory requirements, industry standards, and internal policies

**Drive Strong Operational Risk Management Practices**
- Transform large, complex data sets from multiple sources, including consumer data, credit information, into meticulous integrated views suitable for reporting
- Responsible to report risks to the Regional Head
- RCU in a timely manner to ensure a clear view of the overall control effectiveness of the business unit.
- Execute the operational risk framework of the bank in a robust and disciplined manner so as to achieve sound risk management practices and reporting.
- Lead and Perform various risk assessments for regional programs; including providing practical guidance on risks mitigation strategies and ensuring prompt execution of remediation actions
- Ensure the management reporting decks meets the requirement of committees by performing review the periodic management reporting decks submitted by Business Units to promote consistent risk assessment methodologies, standards and other group-wide initiatives, and provide guidance on risks mitigation strategies and ensure prompt execution of remediation actions;

**Develop and Execute Regional Risk Strategies aligned with Group Consumer Banking**
- Develop frameworks, strategies for the execution of project risk assessment via playbook, training programs, quality assurance plans, standardized reporting, and mechanisms to share best practices
- Identify areas for improvement and implement solutions to enhance overall efficiency and effectiveness

**Establish Governance Structures and Controls**
- Plan & organize Regular forums for knowledge sharing and collaboration enhance overall cohesion within the RCU function, strengthening the collective expertise.
- Evaluate current and identify emerging operational risks faced by consumer & digital banking business to ensure controls are established and focused
- Lead and contribute to Regional RCU and controls governance initiatives, as needed. Ensure segment-specific requirements and needs are accommodated whenever possible and practical in initiatives, projects and services, and share with business units for country deployment

**Champion the Risk Culture**
- Build, facilitate and manage strong partnerships across Regional Offices, various stakeholder groups, determine best methods of communication and establish escalation model
- Compile and analyze risk data for themes and trends; raise awareness of emerging risks in the industry and recommend mitigation measures
- Articulate the importance of risk awareness, drive/cultivate a strong risk culture that enables stakeholders to anticipate, manage, and mitigate risks effectively.



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