Risk Management Specialist

Risk Management Role and responsibilities Risk Governance and Enterprise Risk Management (ERM) Assist in Policy Development: Support the development and implementation of risk management policies and procedures. ERM Process Support: Help design and implement the overall risk management process and assist in communicating risk findings and recommendations to senior management and relevant stakeholders. Support Risk Appetite Establishment: Assist in establishing the organization's risk appetite and ensure it is integrated into decision-making processes. Advise on Risk Management: Provide input on risk management issues in new business initiatives to ensure alignment with organizational objectives. Policy Review Support: Assist in the regular review of risk policies and procedures to ensure compliance with regulatory requirements related to risk management. Operational Risk Assessment, Evaluation, and Mitigation Collaborate on Risk Identification: Work with other departments to identify, evaluate, and manage risks associated with their activities, ensuring the effectiveness of mitigation plans through Risk Control Self-Assessments (RCSA). Key Control Testing (KCT) Conduct KCT: Perform KCT to ensure the effectiveness of established controls. to ensure the effectiveness of established controls. This process involves sampling-based testing, stakeholder interviews, process observation, and information and data verification. Risk Monitoring and Reporting Monitor Risk Activities: Assist in monitoring all operational risk management activities of the organization through Key Risk Indicators (KRI). Support Reporting: Help prepare reports on the effectiveness of risk management strategies and plans, providing insights and recommendations for improvement. Incident Management Assist in Incident Management Processes: Support the development and implementation of processes and procedures for incident management, including Incident Management and Data Collection (IMDC). Log Incidents: Assist in logging all incidents and ensure issues are effectively mitigated, documenting actions taken and outcomes. Business Continuity Management (BCM) Support BCM Tools and Capabilities: Assist in designing, building, and implementing Business Continuity Risk Assessment, Business Impact Analysis (BIA), and other Business Continuity tools and capabilities. BCM Strategy Support: Help drive and deliver effective Business Continuity strategies to support and recover the company's critical business functions during disasters. Coordinate BCM Activities: Assist in coordinating Business Continuity training, communication, and testing of plans, acting as the Organization BCM Coordinator. Risk Training and Awareness Conduct Training Programs: Help build risk awareness among employees by providing support and training on risk management practices and procedures. Implement Awareness Campaigns: Support the implementation of awareness campaigns to promote a risk-aware culture within the organization. Ongoing Education Support: Ensure that staff are regularly updated on new risks, policies, and best practices in risk management. Qualifications and requirements Education: Bachelor’s degree in Risk Management, Business Administration, Finance, Science or a related field. Experience: Minimum of 2 years in risk management or a related role, with hands-on experience in risk assessments, incident management, and BCM. Skills: Strong analytical skills, excellent communication and presentation abilities, proficiency in risk management software, and strong organizational skills. Personal Attributes: Detail-oriented and thorough. High ethical standards and integrity. Proactive and forward-thinking. Ability to handle confidential information with discretion. Location: Bangsar South, Kuala Lumpur (Accessible by LRT Kerinchi)