Manager, Group Operational Risk Management

Manager, Group Operational Risk Management

Apply locations: Menara Affin, TRX

Time type: Full time

Posted on: Posted Yesterday

Time left to apply: End Date: April 30, 2025 (30+ days left to apply)

Job requisition id: JR102214

Create the future with Affin! You too can make a difference.

We continuously innovate to transform our financial services landscape - making banking better and easier. Join us at AFFIN, where open minds meet and be inspired by a shared commitment to great work. You too can make a difference.

JOB PURPOSE

• Ensure compliance with standards related to internal Operational Risk Management Policies and relevant Bank Negara Malaysia (“BNM”), Securities Commission or Bursa regulatory policies and procedures.
• Provide independent review and recommendation on respective Operational Risk Management tools to Management.

ACCOUNTABILITIES

• Review and assist with the development of Group Operational Risk Management Framework and relevant Standard Operational Procedure documents.
• Facilitate independent review and appraisal of all Operational Risk events and ORM tool results to Management.
• Conduct Gap analysis on Group’s Operational Risk Management Policy against relevant BNM policies.
• Execute ORM processes using ORM tools in accordance with BNM’s Operational Risk Policy.
• Facilitate Business/Support Units in the implementation of ORM tools.
• Facilitate the preparation of Operational Risk reports to Management Committees (e.g., GMC-GRC, SMC-GMC or GMC) and Board Risk Management Committees/Board.
• Conduct bank-wide Operational Risk Awareness briefing and Operational Risk Management System training.
• Facilitate Business/Support units to implement their ORM tools, i.e., Risk Control Self-Assessment (RCSA), Control Self-Testing (CST), Key Risk Indicators (KRIs), and Scenario Analysis (ScAn) including stress testing.
• Facilitate BRCM/DRCO/ORC on operational risk methodologies, procedures, tools, support, and follow-up actions.
• Monitor Operational risk event data and ensure resolutions are updated and reported on a timely basis and ensure timely submission of BNM’s ORR reporting.
• Monitor losses (i.e., Actual, Potential, Near Miss) amount against the approved risk appetite.
• Facilitate in outsourcing risk assessment activities with relevant stakeholders within the bank.
• Any other Ad-hoc activities or assignments as assigned by the Head of Department.

JOB REQUIREMENTS

• Minimum of Bachelor’s degree in Business Administration/Finance/Economics or related fields.
• At least 5 years’ experience in Operational Risk Management and related areas in the Banking Industry or business/corporate environment.
• General understanding/previous exposure to banking activities, products, processes, and systems.
• Able to demonstrate conceptual thinking and analytical skills.
• Able to work independently and be resourceful.
• Good in Microsoft Office and reporting tools.

Why work here?

People are the heart of AFFIN BANK. We have a positive and supportive environment where we celebrate people’s personal growth and encourage them to be the best versions of themselves, both in the workplace and in their community.

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Join AFFIN as we evolve to become a financial institution of the future, embracing innovation and technology to deliver unrivaled customer service. We're looking for colleagues who share our values and are ready to live them every day.

Explore the exciting opportunities and make a real impact on the future of finance. Come be a part of our journey today!