Non-Financial Risk Unit Lead
The Non-Financial Risk Unit Lead is to support CRO in management of operational risks and in Boost Digital Bank:
1. Ensure effective implementation of Operational Risk Management (ORM), Business Continuity Management and Managing Customer Information & Permitted Disclosures, Outsourcing and New Products Frameworks for the Bank.
2. Implement the Non-Financial Risk solutions in line with Basel, regulatory requirements, and best practices.
3. Ensure end-to-end operational risk identification, measurement, monitoring and reporting across the Bank.
4. Recommend effective controls against the risks arising at Business level.
5. Reporting of non-financial risk related matters to MRCC and BRCC.
Responsibilities:
Policies, procedures and standard operating procedures
- Implement and maintain Operational Risk Policies, Procedure and SOP including but not limited to Operational Risk Management (Risk & Control Self Assessment, Key Risk Indicator, Key Control Testing) and Outsourcing.
- Establish and implement an overall risk management framework for implementing new products and product variations to existing products.
- Implement the Business Continuity Management (BCM) Policy and SOP, including on-going monitor the Business Continuity Plan (BCP), Business Impact Analysis (BIA), Risk Assessment (RA), BCP Tests or exercise with Critical Business Functions.
Risk review and reporting
- Monitor, track, report and validate the Loss Event Reporting (LER) Management process till submission to regulator.
- Produce relevant Non-Financial Risk Report to Management, including regulator such as Operational Risk Reporting (ORR) (previously known as ORION) reporting.
- Review of all new/ revised product proposals submitted by Product Owners.
- Monitor, track and report all annual BIA, BCP, RA, BCP test results and BCM related issues and details and table to MRCC/ and BRCC.
Training and Awareness
- Conduct Operational Risk Management, Business Continuity Management, Outsourcing, Products and MCIPD training and provide guidance to Business Units.
Ad-hoc (Projects or initiatives)
- Undertake non-financial risk projects or initiatives that are related to us.
Job Requirements & Criteria:
- Bachelor's degree or equivalent.
- At least 5-7 years of relevant hands-on banking experience, especially in ORM.
- Experience in Operational Risk Management or a related role.
- Good knowledge of related Bank Negara Malaysia’s policies documents and guidelines.
- Strong analytical and problem-solving skills and attention to the above details