Head, Group Enterprise Risk Management
Salary undisclosed
Apply on
Original
Simplified
Create your future with Affin! You too can make a difference.
Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. Here, you don’t just stay at the forefront of the industry – you can make a difference too.
Job Purpose
Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. Here, you don’t just stay at the forefront of the industry – you can make a difference too.
Job Purpose
- Develop Enterprise Risk Management tools, practices and policies to analyze and report enterprise risks and manage risks according to Affin’s risk management framework.
- Monitor and analyze risks within Affin’s business units and report these risks to GBRMC, AiBB and ABB Board through the Group Enterprise Risk Dashboard.
- Ensure Affin’s enterprise risk management policies and strategies follow applicable regulations, rating agency standards and strategic imperatives of the organisation.
- Ensure that the Stress Test exercise is conducted in a robust manner and meets the regulatory requirements.
- Lead the Risk Intelligence Unit, developing and executing a comprehensive risk intelligence strategy aligned with the bank's objectives.
- Lead the climate risk stress testing exercise as required under the BNM Climate Risk Stress Testing (CRST) PD.
- Lead the preparation and consolidation of the monthly Group Enterprise Risk Dashboard for Management and Board reporting.
- Lead Support secretariat function for Group Board Risk Management Committee including preparation of meeting agenda, meeting minutes and compilation of meeting papers for submission to Group Board Risk Management Committee.
- Lead the Material Risk Assessment and Risk Appetite Statement Setting as part of the ICAAP exercise on an annual basis.
- Facilitate periodic review of policies and manuals related to Enterprise Risk Management function.
- Monitor risk initiatives progress and action plans across risk departments.
- Lead the stress testing and scenario analysis for regulatory and internal purposes including BNM regulatory stress test, Recovery & Resolution Planning and Climate Risk Stress Testing.
- Coordinate and consolidate responses to audit observations or findings from internal/external auditors, or regulators (if any).
- Perform other duties and ad-hoc analysis reports as and when assigned by the immediate superior and Head of Department.
- Ensure that the Shariah Risk is well managed with adequate reporting of the relevant risks to GBRMC and AiBB Board.
- Lead the Climate Risk Scenario Analysis and ensure successful completion by December 2024 and the continued integration of the climate risk into enterprise-wide risk management.
- Lead the enhancements to the RRM system to cater for Basel III revisions.
- Developed the Group Risk Strategy and Target Operating Model (“TOM”) Document in 2024 and will need to ensure that the documents remain fit for purpose.
- Enhance existing GRC awareness programme including awareness and incorporation of risk culture metrics.
- Lead the establishment of the Financial Risk Management (risk data repository).
- Lead the enhance existing system to cater for stress test analysis and simulation.
- Degree/Masters in Business Administration/Finance/Economics or related fields.
- At least 10 years’ experience in Risk Management, Compliance and related areas in the financial industry or business/corporate environment.
- Strong knowledge of Risk Management, Compliance and/or Audit.
- Excellent communication skills, both written and verbal.
- Good presentation skills.
- Solid analytical, organizational and problem-solving skills with high attention to details.
- Ability to work independently and interact successfully with strong personalities in a high pressure, deadline driven environment.
- Ability to effectively work with a diverse group of stakeholders within first and second line of functions.
- Managing a diverse workload with the ability to constantly re-prioritize.
- IT skills in Microsoft Word, Excel and Power Point.
Similar Jobs
