Technology Risk Analyst

ROLE PURPOSE

• Ensure alignment of risk management process for RENTAS and FAST with the business objective of

Financial Markets Infrastructure Department (FMID)

• Ensure compliance of RENTAS and FAST participants operations and systems to be on par with

international standards, regulatory requirements and industry best practice

PRINCIPAL ACCOUNTABILITIES (Key responsibilities and tasks that the role performs)

1. Risk Management

• Conduct risk assessment and risk mitigation for RENTAS and FAST operations, including new and

existing enhancements, technical development and support units to ensure that all major risks are

identified and mitigated

• Execute Risk Control Self-Assessment (RCSA) reviews and propose appropriate risk mitigation

methods

• Analyse data and information pertaining to risk of managing RENTAS and FAST operations and

prepare regular and timely reports to the Management and/or Risk Management Committee on the

outcome of risk management activities undertaken

• Assist in identifying improvements in current systems, policies and strategies and take actions to

mitigate all operational related risks andensure on-going update of risk manuals and other relevant

documentation for audit and inspection

2. Business Continuity Management (BCM)

• Implement and maintain business continuity plan for RENTAS and FAST operations to always

ensure continuity of operations.

• Conduct risk assessment and business impact analysis, co-ordinate consolidation of IT disaster

recovery plan report for risk management reporting and review business continuity and recovery

strategies

• Co-ordinate consolidation of IT disaster recovery plan report for risk management reporting and

develop crisis, incident or emergency response procedures

3. Compliance

• Monitors and conduct periodic audit on RENTAS and FAST participants to ensure compliance of

RENTAS and FAST systems operations to

• meet the international FMI standards and requirements

• Provide reports on a quarterly basis, or as directed or requested, to keep the regulators informed

of the operation and progress of FMID

• compliance efforts and enforce surveillance role and impose disciplinary action on non-compliant

participantsTERHAD

NATURE OF ACCOUNTABILITIES AND COMPETENCIES

Technical Competencies

• Product Knowledge – Demonstrate effective working knowledge and understanding of RENTAS

and Fast operations

• Project Management – Demonstrate ability to effectively apply knowledge of project management

for efficient execution and management of assigned tasks

• Good understanding of Crisis Management Plan, Emergency Response Procedure and Health

Pandemic Plan would be added advantageous

• Experience in handling end-to-end Business Continuity Plan activities from Risk Assessment to

Testing and Exercising in banking environment

Challenges

• Flexible and able to lead and participate in multiple projects simultaneously.

• Able to act as an agent of change and stimulate others to change. Paves the way for needed

changes, by taking calculated risks to derive maximum benefit.

• Possess excellent interpersonal skills and able to communicate and manage relationship at all

levels with users, financial institutions, vendors and team members

QUALIFICATIONS

• Degree in Risk Management, Information Technology, Business Administration or other related

discipline

• More than 5 years relevant experience in operational risk management and management/audit in

an IT related environment.

PREVALENT & EMERGING SKILLS

• Risk & Compliance

Identifies, escalates, and mitigates gaps in IT controls and ensures compliance with IT standards and

policies.