Job Responsibility:
ERM Framework and Policy Governance
- Support the development, implementation, and maintenance of the ERM framework, policies, and procedures aligned with the corporations strategic objectives.
Enterprise Risk
- Assist in developing and implementing ERM tools, methodologies, and processes to analyze and report enterprise risks.
- Coordinate and support periodic (at least annual) material risk assessments, including facilitating business units in risk identification and assessment, and prepare consolidated results for Management and Board-level committees.
- Provide input in the identification, development, and implementation of Key Risk Indicators (KRIs) to ensure they effectively capture and monitor potential risk exposures.
Risk Appetite and Limits
- Assist in the annual review and update of the Risk Appetite Statement (RAS), including preparation of supporting analysis and documentation for Management and Board-level committees.
Product/Service Lifecycle Governance
- Support the application of core principles governing the product/service lifecycle and assist in conducting risk assessments for new or revised products/services.
- Assist in monitoring the implementation and continuous improvement of the framework, ensuring updates reflect changes in business strategy, regulatory requirements, and emerging risks.
- Provide support in reviewing strategic initiatives to ensure risks are addressed from the design stage and appropriate controls are in place.
Risk Culture and Awareness
- Assist in organizing and delivering training, workshops, and awareness sessions to promote a strong risk management culture within the corporation.
Secretarial Support for Risk Governance
- Serve as liaison between Risk Management Division (RMD) and Legal & Corporate Secretariat (LCS) to coordinate risk governance meetings.
- Ensure accurate recording of decisions, timely circulation of minutes, and follow-up on action items to support effective governance and compliance.
Reporting
- Prepare and compile periodic risk reports, including enterprise risk exposures and KRI analysis, for submission to Management and Board-level committees.
Job Requirement:
Qualification: Candidate must possess at least a Degree in Accountancy/ Banking/ Finance/ Business Administration, or other related fields. Professional certifications or postgraduate qualifications in risk management (e.g., FRM, PRM, or equivalent) will be considered an added advantage.
Experience: 4 - 6 years of hands-on experience in Enterprise Risk Management, preferably
within the financial services industry. Familiarity with risk assessment tools, frameworks, and reporting systems.
Knowledge: Strong understanding of Enterprise Risk Management frameworks.
Understanding of Basel regulatory principles, BNM guidelines, and other relevant financial regulations. Experience with risk reporting, risk appetite frameworks, and governance structures.
Skills/ Competencies: Analytical and innovative thinking abilities, and has the drive and perseverance to inculcate a sound risk management culture. Good communication and interpersonal skills. Good report writing skills. Matured, independent and possess high degree of ethics and integrity.
