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Bank Pembangunan Malaysia Berhad

Head, Operational & Shariah Risk

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Job Description

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Job Summary

Responsible for ensuring that operational risk impact across the Bank is minimized, with a purpose to oversee and continually improve operational risk management through implementation of relevant methodologies and awareness program. Facilitating to improve risk profiling for risk-based decision making including management of regulatory responsibility, sharing and implementation of best practices.

Job Description

Desired Goals

  • Formulate operational risk appetite and tolerance level in comprises of but not limited to risk rating, impact matrix and likelihood reference table.
  • Strategize for capturing and analysis of operational risk losses information.
  • Provide operational risk report for risk management committee involving operational risk exposure, loss experience and risk profiles of the Bank.
  • Build and maintain strong relationship with control Function for comprehensive internal control recommendation and implementation.
  • Provide review or validation for introduction of internal control document, outsourcing activities and proposed services or project management.
  • Consult the Management on strategic insight of technology and recommendation for IT controls to mitigate risk exposures.
  • Establish technology and cyber risk management capacities in providing overall monitoring and management of cyber resilience framework.

Customer

  • Establish framework and policies to govern the implementation of operational and Shariah risk, technology risk and business continuity of the Bank.
  • Develop operational risk management methodologies and tools in accessing and managing the day-to-day operational risk in respective Functions.
  • Perform business continuity management including recovery strategy for successful restoration to Business as Usual (BAU).
  • Establish Security Operation Centre (SOC) for centralised monitoring of managed security services including network, security, vulnerability and threat notification and alerts.
  • Perform validation on internal control implementation which include but not limited to sign-off process for procedure, guidelines and project risk assessment.

Internal Process

  • Ensure establishment of operational risk management related procedures
  • Strategize the implementation of operational risk profiles including risk identification, risk assessment, control gaps and action plan.
  • Ensure comprehensive of operational risk management implementation via automation capability including centralised repository of historical information.
  • Promote international standard and best practices for internal control.

Learning & Growth

  • Build relationship and network within organizations and financial industry to obtain understanding on relevant evolvement of operational risk & challenges.
  • Define goals and key performance indicators for operational risk officers and ensuring effective implementation of performance management process.
  • Develop talent within the team by providing guidance and coaching to achieve the defined goals.
  • Establish learning program for specific operational risk topics or module.
  • Perform continuous engagement with Risk Owner and designated risk liaison officer to cultivate strong operational risk awareness within Bank

Job Requirements

  • Bachelor's degree in Business Administration / Economics / Accounting / Information Technology or equivalent
  • Minimum of ten (10) years of experience in Operational Risk Management for banking including a minimum of three (3) years with proven and progressive management experience
  • Sound understanding of the socio-economic development challenges, technology advancement and local development initiatives.

Requirement

Head, Operational & Shariah Risk (Open)

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Job ID: 135879203

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