129 Actuarial Services jobs in Malaysia

Join to apply for the Manager, Actuarial Services role at Prudential Assurance Malaysia Berhad

1 day ago Be among the first 25 applicants

Join to apply for the Manager, Actuarial Services role at Prudential Assurance Malaysia Berhad

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Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Job Scope

The incumbent is responsible for assisting the Head of Business Analytics & Project in defining and implementing appropriate actuarial standards and work processes related to the provision of actuarial services to the Company.

Actuarial knowledge and skills are necessary in various aspects of insurance business, e.g. product design and pricing, analysis of the company’s claims, persistency and expense experience, arrangement of reinsurance, calculation of reserves, capital and profit reporting under various regulatory bases.

Principal Duties & Responsibilities

• Lead the team in monthly TEV New Business Reporting and Health Pillar Reporting, including Health APE & NBP, ensuring accurate and timely submission to Group and internal stakeholders. Promptly escalate any potential obstacles to the delivery of results to the relevant stakeholders.
• Provide insight on key drivers to bridge NBP gap against target. Support finance quarterly dialogue and quarterly business plan reviews by highlighting past performance and risks & opportunities to meet Plan APE and NBP targets, including health financial metrics.
• Support the overall end-to-end delivery of APE and NBP targets for Business Planning. Assist the Head of Business Analytics & Project in driving the annual assumption and modelling review as part of Business Planning. Ensure appropriate checks are conducted on the financial impact analysis and the documentations prepared by the team are comprehensive for other teams’ reference.
• Interpret and communicate financial results to the Management and other internal and external stakeholders. Ensure accurate and timely production of financial output for new products launched, guided by internal governance on Prophet. Conduct reasonableness checks and provide explanations for any gaps observed against the Pricing model.
• Drive the implementation of reporting process enhancements and initiatives. Continuously identify opportunities to improve existing workflows and processes.
• Provide general actuarial advice and expertise to other departments, including addressing policyholder, agent, and regulatory queries. Ensure the information provided is accurate, sufficiently detailed, easily understood by the intended audience, and addresses the issues at hand.
• Provide guidance, training and general supervision to the team, ensuring consistent career growth and opportunities for professional development.
• Foster a collaborative team environment by working closely with colleagues across different departments to achieve common goals. Encourage open communication, share knowledge, and support each other in the day-to-day work.
  
  
  

Job Specification

Qualifications:

• Degree in Actuarial Science/ Mathematics/ Statistics/ Physics or other physical sciences or numerate discipline, with good progress in actuarial examinations
  
  
  

Experience

• At least 6-7 years of relevant actuarial experience, preferably with financial reporting experience
  
  
  

Knowledge

• Strong leadership capabilities that can lead, influence and motivate to create a high performing team
• Excellent analytical and problem-solving skills
• Practical knowledge in Prophet (preferred) or other projection software
• Must be meticulous with the ability to work under pressure
• Must be self-motivated with the ability to work under minimum supervision
  
  
  

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

Seniority level

• Seniority level Mid-Senior level

Employment type

• Employment type Full-time

Job function

• Job function Finance and Sales

Referrals increase your chances of interviewing at Prudential Assurance Malaysia Berhad by 2x

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Join to apply for the

Manager, Actuarial Services

role at

Prudential Assurance Malaysia Berhad 1 month ago Be among the first 25 applicants Join to apply for the

Manager, Actuarial Services

role at

Prudential Assurance Malaysia Berhad Get AI-powered advice on this job and more exclusive features. Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Job Scope

The incumbent is responsible to assist the Senior Manager/Actuarial Manager 1 to define and implement appropriate actuarial standards and work processes in relation to the provision of actuarial services to the Company.

Actuarial knowledge and skills are necessary in various aspects of insurance business, e.g. product design and pricing, analysis of the company’s claims, persistency and expense experience, arrangement of reinsurance, calculation of reserves, capital and profit reporting under various regulatory bases.

Principal Duties & Responsibilities

one. Ensure the accurate and timely submission of monthly TEV New Business Reporting and Health Pillar Reporting, including Health APE & NBP, to Group and internal stakeholders. Promptly escalate any potential obstacles to the delivery of results to the relevant stakeholders.

two. Provide insight on key drivers to bridge NBP gap against target. Support finance quarterly dialogue and quarterly business plan reviews by highlighting past performance and risks & opportunities to meet Plan APE and NBP targets, including health financial metrics.

3. Support the overall end-to-end delivery of APE and NBP targets for Business Planning. Assist the Team Lead in driving the annual assumption and modelling review as part of Business Planning. Ensure appropriate checks are conducted on the financial impact analysis and prepare comprehensive documentation for other teams’ reference.

4. Perform runs on the Prophet model office incorporated with new product launched and analyze the financial output for the new products to ensure accuracy. Conduct reasonableness checks and provide explanations for any gaps observed against the Pricing model.

5. Support the implementation of reporting process enhancements and initiatives. Continuously identify opportunities to improve existing workflows and processes.

6. Provide general actuarial advice and expertise to other departments, including addressing policyholder, agent, and regulatory queries. Ensure the information provided is accurate, sufficiently detailed, easily understood by the intended audience, and addresses the issues at hand.

Provide guidance, training and general supervision to the Actuarial Professionals/Senior Actuarial Professional, ensuring consistent career growth and opportunities for professional development. Foster a collaborative team environment by working closely with colleagues across different departments to achieve common goals. Encourage open communication, share knowledge, and support each other in the day-to-day work.

Job Specification

Qualifications:

Degree in Actuarial Science/ Mathematics/ Statistics/ Physics or other physical sciences or numerate discipline. Actively pursuing professional actuarial examinations

Experience

At least 4-5 years of relevant actuarial experience

Knowledge

A numerate and analytical mind. Practical knowledge in Prophet (preferred) or other projection software would be preferred but training will be provided otherwise. Must be meticulous with the ability to work under pressure. Must be self-motivated with the ability to work under minimum supervision

Prudential is an equal opportunity employer.

We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements. Seniority level

Seniority level Mid-Senior level Employment type

Employment type Full-time Job function

Job function Finance and Sales Referrals increase your chances of interviewing at Prudential Assurance Malaysia Berhad by 2x Get notified about new Actuarial Manager jobs in

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Join to apply for the

Manager, Actuarial Services

role at

Prudential Assurance Malaysia Berhad 1 day ago Be among the first 25 applicants Join to apply for the

Manager, Actuarial Services

role at

Prudential Assurance Malaysia Berhad Get AI-powered advice on this job and more exclusive features. Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Job Scope

The incumbent is responsible for assisting the Head of Business Analytics & Project in defining and implementing appropriate actuarial standards and work processes related to the provision of actuarial services to the Company.

Actuarial knowledge and skills are necessary in various aspects of insurance business, e.g. product design and pricing, analysis of the company’s claims, persistency and expense experience, arrangement of reinsurance, calculation of reserves, capital and profit reporting under various regulatory bases.

Principal Duties & Responsibilities

Lead the team in monthly TEV New Business Reporting and Health Pillar Reporting, including Health APE & NBP, ensuring accurate and timely submission to Group and internal stakeholders. Promptly escalate any potential obstacles to the delivery of results to the relevant stakeholders. Provide insight on key drivers to bridge NBP gap against target. Support finance quarterly dialogue and quarterly business plan reviews by highlighting past performance and risks & opportunities to meet Plan APE and NBP targets, including health financial metrics. Support the overall end-to-end delivery of APE and NBP targets for Business Planning. Assist the Head of Business Analytics & Project in driving the annual assumption and modelling review as part of Business Planning. Ensure appropriate checks are conducted on the financial impact analysis and the documentations prepared by the team are comprehensive for other teams’ reference. Interpret and communicate financial results to the Management and other internal and external stakeholders. Ensure accurate and timely production of financial output for new products launched, guided by internal governance on Prophet. Conduct reasonableness checks and provide explanations for any gaps observed against the Pricing model. Drive the implementation of reporting process enhancements and initiatives. Continuously identify opportunities to improve existing workflows and processes. Provide general actuarial advice and expertise to other departments, including addressing policyholder, agent, and regulatory queries. Ensure the information provided is accurate, sufficiently detailed, easily understood by the intended audience, and addresses the issues at hand. Provide guidance, training and general supervision to the team, ensuring consistent career growth and opportunities for professional development. Foster a collaborative team environment by working closely with colleagues across different departments to achieve common goals. Encourage open communication, share knowledge, and support each other in the day-to-day work.

Job Specification

Qualifications:

Degree in Actuarial Science/ Mathematics/ Statistics/ Physics or other physical sciences or numerate discipline, with good progress in actuarial examinations

Experience

At least 6-7 years of relevant actuarial experience, preferably with financial reporting experience

Knowledge

Strong leadership capabilities that can lead, influence and motivate to create a high performing team Excellent analytical and problem-solving skills Practical knowledge in Prophet (preferred) or other projection software Must be meticulous with the ability to work under pressure Must be self-motivated with the ability to work under minimum supervision

Prudential is an equal opportunity employer.

We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements. Seniority level

Seniority level Mid-Senior level Employment type

Employment type Full-time Job function

Job function Finance and Sales Referrals increase your chances of interviewing at Prudential Assurance Malaysia Berhad by 2x Get notified about new Actuarial Manager jobs in

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Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 3 weeks ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 hours ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

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Assistant Manager, TIM Actuarial Services page is loadedAssistant Manager, TIM Actuarial Services Apply locations Malaysia - KL Eco City time type Full time posted on Posted Yesterday time left to apply End Date: December 31, 2025 (30+ days left to apply) job requisition id JR-0023718

About FWD Group

FWD Group is a pan-Asian life and health insurance business that serves approximately 30 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code 1828.

For more information, please visit

FWD Technology and Innovation Malaysia Sdn. Bhd., known as FWD TIM, was established in late 2019. Strategically located in Kuala Lumpur, FWD TIM serves as a pivotal shared service location within FWD Group, providing services to multiple markets across the Group. FWD TIM houses a diverse and talented workforce focused on essential business and technology services such as information security, cloud operations, IT solutions delivery, digital and data, actuarial, finance, investments, and customer service, among many others. FWD TIM is dedicated to drive and deliver operational excellence and efficiency, foster innovation and ensure regulatory compliance across all business functions as well as maintain a competitive edge in the market.

PURPOSE
Be the country focal in coordinating incoming modelling service requests and manage the development and maintenance of the centralised Actuarial models for business units (BUs). Be the project lead and manage end-to-end major projects as required by Group Actuarial / BUs. Ensure compliance with the Group Model Governance policy.

KEY ACCOUNTABILITIES
1. Assist Senior Advisor or SME by providing technical and other general support or coaching to shared pool resources to ensure work quality is achieved accordingly
2. Support the Country Model Lead in providing the Centralised modelling services to business units by:

• assisting the Country Model Lead in managing the development and maintenance of the centralised Actuarial models for business units, and ensure quality and on-time delivery;
• demonstrating advanced skills in Prophet modelling in the overall end-to-end modelling process and ensure that the modelling is effectively controlled and maintained, with accurate financial results generated;
• becoming the country focal in coordinating incoming modelling service requests. Manage updates, communication and project expectations with BUs throughout the project delivery and ensure successful implementation according to the defined Prophet modelling services;
• exercising judgement using advanced analytical skills to perform modelling checking and regression tests, interpret, define and communicate model change impacts and mitigation actions, as well as maintain model documentations for stakeholders;
• analysing the modelling issues and reporting findings including practical recommendations to close relevant gaps or risks. Escalate modelling issues to the Country Model Lead on a timely manner; and
• assisting the Country model Lead in performing compliance checks and ensuring all time compliance with the Group Model Governance policy including the model documentation, modelling processes and controls.

3. Support the SME & Model Reviewer by:

• conducting an in-depth model review on models changes made by Big 3 BUs: HK, TH, JP and any other assigned countries
• conducting independent reviews of developed actuarial models in accordance to established governance standards, and ensure models compliance and overall controls;
• exercising judgement using established practices and skills to perform technical review of actuarial models and validation results, and identify potential risks and issues throughout the review process; and
• preparing finding reports on modelling review results and propose action on the outlined gaps.

4. Be the project lead and manage end-to-end major projects for Actuarial services including but not limited to developing and maintaining ALS model for asset and liability management, economic capital (EC), HKRBC reporting, IFRS17 and any other assignment from Group Actuarial
5. Process the major requests/incidents, while guiding juniors on their BAU incidents for Prophet Enterprise and related calculation engines on

KEY PERFORMANCE INDICATORS

• Effectiveness of the model maintenance process and project delivery
• Engagement and development of team members
• Value added to local business units

EXTERNAL & INTERNAL CONTACTS

• Group Risk and Actuarial Committee, ALMCO Committee and IFRS17 Project Steering Committee
• Local Country CA, CRO, investment/ALM teams and function head
• Head of TIM Actuarial and Senior Actuarial Advisor in TIM

DECISION MAKING

• In accordance with Insurance Group delegated authorities

QUALIFICATIONS / EXPERIENCE

• 5 to 6 years insurance experience in actuarial functions
• Bachelor’s degree (or equivalent) in Actuarial Science or other Mathematics/Statistics based major
• Nearly fellowship member of an internationally recognised actuarial professional body

KNOWLEDGE & TECHNICAL SKILLS

• Strong Prophet modelling skills, knowledge on Prophet ALS is preferred
• Good understanding of valuation processes under USGAAP, statutory and traditional EV, knowledges on EC/RBC and IFRS17 are preferred

OUR COMPETENCIES

• Good team leadership and development skill
• Good Facilitation, negotiation and problem resolution skills
• Good Strategic Thinking: Ability to prioritize and balance multiple tasks or project.
• Strong analytical skills
• Good communication and presentation skills
• Fluent in English speaking and written skills

OTHERS

• Flexible to travel

Similar Jobs (1) Assistant Manager, TIM Actuarial Services locations Malaysia - KL Eco City time type Full time posted on Posted Yesterday time left to apply End Date: December 31, 2025 (30+ days left to apply)

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Assistant Manager, TIM Actuarial Services page is loaded Assistant Manager, TIM Actuarial Services Apply locations Malaysia - KL Eco City time type Full time posted on Posted Yesterday time left to apply End Date: December 31, 2025 (30+ days left to apply) job requisition id JR-0023718

About FWD Group FWD Group is a pan-Asian life and health insurance business that serves approximately 30 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code 1828. For more information, please visit FWD Technology and Innovation Malaysia Sdn. Bhd., known as FWD TIM, was established in late 2019. Strategically located in Kuala Lumpur, FWD TIM serves as a pivotal shared service location within FWD Group, providing services to multiple markets across the Group. FWD TIM houses a diverse and talented workforce focused on essential business and technology services such as information security, cloud operations, IT solutions delivery, digital and data, actuarial, finance, investments, and customer service, among many others. FWD TIM is dedicated to drive and deliver operational excellence and efficiency, foster innovation and ensure regulatory compliance across all business functions as well as maintain a competitive edge in the market. PURPOSE Be the country focal in coordinating incoming modelling service requests and manage the development and maintenance of the centralised Actuarial models for business units (BUs). Be the project lead and manage end-to-end major projects as required by Group Actuarial / BUs. Ensure compliance with the Group Model Governance policy. KEY ACCOUNTABILITIES 1. Assist Senior Advisor or SME by providing technical and other general support or coaching to shared pool resources to ensure work quality is achieved accordingly 2. Support the Country Model Lead in providing the Centralised modelling services to business units by: assisting the Country Model Lead in managing the development and maintenance of the centralised Actuarial models for business units, and ensure quality and on-time delivery; demonstrating advanced skills in Prophet modelling in the overall end-to-end modelling process and ensure that the modelling is effectively controlled and maintained, with accurate financial results generated; becoming the country focal in coordinating incoming modelling service requests. Manage updates, communication and project expectations with BUs throughout the project delivery and ensure successful implementation according to the defined Prophet modelling services; exercising judgement using advanced analytical skills to perform modelling checking and regression tests, interpret, define and communicate model change impacts and mitigation actions, as well as maintain model documentations for stakeholders; analysing the modelling issues and reporting findings including practical recommendations to close relevant gaps or risks. Escalate modelling issues to the Country Model Lead on a timely manner; and assisting the Country model Lead in performing compliance checks and ensuring all time compliance with the Group Model Governance policy including the model documentation, modelling processes and controls. 3. Support the SME & Model Reviewer by: conducting an in-depth model review on models changes made by Big 3 BUs: HK, TH, JP and any other assigned countries conducting independent reviews of developed actuarial models in accordance to established governance standards, and ensure models compliance and overall controls; exercising judgement using established practices and skills to perform technical review of actuarial models and validation results, and identify potential risks and issues throughout the review process; and preparing finding reports on modelling review results and propose action on the outlined gaps. 4. Be the project lead and manage end-to-end major projects for Actuarial services including but not limited to developing and maintaining ALS model for asset and liability management, economic capital (EC), HKRBC reporting, IFRS17 and any other assignment from Group Actuarial 5. Process the major requests/incidents, while guiding juniors on their BAU incidents for Prophet Enterprise and related calculation engines on KEY PERFORMANCE INDICATORS Effectiveness of the model maintenance process and project delivery Engagement and development of team members Value added to local business units

EXTERNAL & INTERNAL CONTACTS Group Risk and Actuarial Committee, ALMCO Committee and IFRS17 Project Steering Committee Local Country CA, CRO, investment/ALM teams and function head Head of TIM Actuarial and Senior Actuarial Advisor in TIM

DECISION MAKING In accordance with Insurance Group delegated authorities QUALIFICATIONS / EXPERIENCE 5 to 6 years insurance experience in actuarial functions Bachelor’s degree (or equivalent) in Actuarial Science or other Mathematics/Statistics based major Nearly fellowship member of an internationally recognised actuarial professional body

KNOWLEDGE & TECHNICAL SKILLS Strong Prophet modelling skills, knowledge on Prophet ALS is preferred Good understanding of valuation processes under USGAAP, statutory and traditional EV, knowledges on EC/RBC and IFRS17 are preferred OUR COMPETENCIES Good team leadership and development skill Good Facilitation, negotiation and problem resolution skills Good Strategic Thinking: Ability to prioritize and balance multiple tasks or project. Strong analytical skills Good communication and presentation skills Fluent in English speaking and written skills

OTHERS Flexible to travel Similar Jobs (1)

Assistant Manager, TIM Actuarial Services locations Malaysia - KL Eco City time type Full time posted on Posted Yesterday time left to apply End Date: December 31, 2025 (30+ days left to apply)

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Join ETO Markets – Where Innovation Meets Opportunity

At ETO Markets, we’re more than just a brokerage — we’re a global leader in CFDs, Forex, Crypto, and Stock trading. Driven by cutting-edge technology, competitive trading conditions, and a commitment to excellence, we empower traders at every level to succeed in dynamic markets.

We’re on the lookout for a proactive and detail-orientedRisk Management professional to join our fast-paced, collaborative team. If you're passionate about markets, thrive in a client-focused environment, and are ready to make a real impact, this is your opportunity to grow with a forward-thinking financial services provider.

Key Responsibilities:

• Oversee and address all risk-related matters across securities, futures, and OTC products.
• Develop, review, and update internal risk policies and procedures to ensure compliance with regulatory and company standards.
• Monitor daily margin requirements and manage excess limits; prepare and issue margin calls and enforcement notices to clients.
• Design and enhance risk models to improve the accuracy and efficiency of risk assessment across various financial products.
• Conduct portfolio analysis and stress testing in collaboration with senior management.
• Monitor portfolios for market and issuer-related risk events to detect emerging collateral risks at an early stage.
• Work closely with internal stakeholders, including senior management, dealing, finance, and compliance teams, to address risk issues and implement effective mitigation strategies.
• Stay informed of industry trends, regulatory developments, and best practices to proactively strengthen the firm’s risk management framework.

Requirements:

• Bachelor’s degree in Finance, Economics, Investment, Business, or a related field.
• Minimum of 2 years of relevant experience inrisk management, finance, or investment-related fields .
• Prior experience in risk reviews or risk-based audits is essential.
• Strong knowledge of financial markets, CFDs, Forex, or cryptocurrency trading.
• Familiarity with MT4, MT5, cTrader, or other trading platforms (preferred).
• Knowledge or experience in equity or futures trading is preferred.
• Familiarity with trading platforms is an added advantage.
• Proficiency in Microsoft Excel, for data analysis and reporting.
• Fluency in Mandarin and English (spoken and written) to support Mandarin-speaking clients.
• Willingness to work flexible hours, including market open/close times.

Why Join Us?

Work with top professionals in the financial industry.

Join a dynamic and forward-thinking team.

Contribute to impactful projects that shape the finance sector.

Unlock growth opportunities and advance your career.

Ready to elevate your career? Apply now and become a key part of ETO Markets' success!

Seniority level

• Seniority level Entry level

Employment type

• Employment type Full-time

Job function

• Job function Finance and Sales

Referrals increase your chances of interviewing at ETO Group by 2x

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Join ETO Markets – Where Innovation Meets Opportunity At ETO Markets, we’re more than just a brokerage — we’re a global leader in CFDs, Forex, Crypto, and Stock trading. Driven by cutting-edge technology, competitive trading conditions, and a commitment to excellence, we empower traders at every level to succeed in dynamic markets. We’re on the lookout for a proactive and detail-oriented Risk Management professional to join our fast-paced, collaborative team. If you're passionate about markets, thrive in a client-focused environment, and are ready to make a real impact, this is your opportunity to grow with a forward-thinking financial services provider. Key Responsibilities: Oversee and address all risk-related matters across securities, futures, and OTC products. Develop, review, and update internal risk policies and procedures to ensure compliance with regulatory and company standards. Monitor daily margin requirements and manage excess limits; prepare and issue margin calls and enforcement notices to clients. Design and enhance risk models to improve the accuracy and efficiency of risk assessment across various financial products. Conduct portfolio analysis and stress testing in collaboration with senior management. Monitor portfolios for market and issuer-related risk events to detect emerging collateral risks at an early stage. Work closely with internal stakeholders, including senior management, dealing, finance, and compliance teams, to address risk issues and implement effective mitigation strategies. Stay informed of industry trends, regulatory developments, and best practices to proactively strengthen the firm’s risk management framework. Requirements: Bachelor’s degree in Finance, Economics, Investment, Business, or a related field. Minimum of 2 years of relevant experience in risk management, finance, or investment-related fields . Prior experience in risk reviews or risk-based audits is essential. Strong knowledge of financial markets, CFDs, Forex, or cryptocurrency trading. Familiarity with MT4, MT5, cTrader, or other trading platforms (preferred). Knowledge or experience in equity or futures trading is preferred. Familiarity with trading platforms is an added advantage. Proficiency in Microsoft Excel, for data analysis and reporting. Fluency in Mandarin and English (spoken and written) to support Mandarin-speaking clients. Willingness to work flexible hours, including market open/close times. Why Join Us? Work with top professionals in the financial industry. Join a dynamic and forward-thinking team. Contribute to impactful projects that shape the finance sector. Unlock growth opportunities and advance your career. Ready to elevate your career? Apply now and become a key part of ETO Markets' success! Seniority level

Seniority level Entry level Employment type

Employment type Full-time Job function

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Join to apply for the Model Risk Management Manager role at RHB Banking Group

3 days ago Be among the first 25 applicants

Join to apply for the Model Risk Management Manager role at RHB Banking Group

• To review the adequacy and effectiveness of rating system processes, the oversight structure and control procedures to ensure the applicability and proper application of the quantitative methods in practice. The review covers model design / rating systems documentation, data quality, governance and control as well as internal use of rating (Qualitative Validation).
• To review model developmental evidence, outcome analysis and back-testing using the data gained during practical operations of the model while comparison or benchmark data can be included as a supplement (Quantitative Validation).
• To independently validate prior to implementation and adoption of the new / re-calibrated models for quality assurance.
• Supervise and perform tracking, monitoring and reporting progress on Outstanding Issues by relevant parties such as risk modeling, credit risk, business units, etc. pertaining to all validated models.
• Continuous enhancement of model validation methodologies or techniques.
  
  

Key Responsibilities

• To review the adequacy and effectiveness of rating system processes, the oversight structure and control procedures to ensure the applicability and proper application of the quantitative methods in practice. The review covers model design / rating systems documentation, data quality, governance and control as well as internal use of rating (Qualitative Validation).
• To review model developmental evidence, outcome analysis and back-testing using the data gained during practical operations of the model while comparison or benchmark data can be included as a supplement (Quantitative Validation).
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• Supervise and perform tracking, monitoring and reporting progress on Outstanding Issues by relevant parties such as risk modeling, credit risk, business units, etc. pertaining to all validated models.
• Continuous enhancement of model validation methodologies or techniques.
  
  

Requirements

• Bachelor Degree - University degree or equivalent in the field of Statistics, Actuarial Science, Quantitative Finance or Accounting and Finance is an advantage.
• Minimum of 3 years of credit experience in risk management or model development or model validation.
• Preferably with experiences in risk management.
• Good analytical skills.
• Good statistical modeling skills.
• Good communications and writing skills.
• Programming skills in SAS would be an added advantage.

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The Head of Risk Management is responsible for leading PayNet’s enterprise risk strategy, with a dual focus on internal risk exposure and risks arising from the broader financial ecosystem. This includes managing threats introduced by participants, vendors, shared infrastructure dependencies, and emerging systemic risks that may impact PayNet’s operations, reputation, or service and system availability.

Responsibilities

Strategic Risk Leadership

• Lead the Risk Management Division, formulating and executing a comprehensive risk strategy that encompasses both internal enterprise risks and external ecosystem risks.
• Identify and assess emerging risks that may impact PayNet's strategic direction or long-term sustainability.
• Serve as a key advisor to senior leadership and the Board on emerging risk trends, systemic vulnerabilities, risk appetite & tolerance capacities, and risk resilience & mitigation priorities.

Enterprise and Operational Risk Management

• Oversee the identification, evaluation, and mitigation of internal risks across business lines, systems, infrastructure, and key processes.
• Establish and maintain risk management systems and tools, including Governance, Risk & Compliance systems, risk & control registers, scenario models, and key risk indicators that reflect both internal controls and ecosystem dependencies.
• Drive root-cause analysis of risk events and implement lessons learned to prevent recurrence and strengthen controls.

Business Continuity and Crisis Management

• Lead PayNet’s enterprise efforts in business continuity management (BCM), crisis preparedness, and recovery planning, including key considerations on sector-wide dependencies and real-time payment operations.
• Collaborate closely with the Technology and Cyber Security teams to anticipate and evaluate emerging threats—including cyber disruptions, coordinated fraud attacks, technology failures, and reputational shocks—and design appropriate mitigation strategies.
• Collaborate with internal compliance, technology, product, and operational teams to ensure risk frameworks are robust and forward-looking.

Ecosystem and Interconnected Risk Oversight

• Identify and monitor risks introduced by PayNet’s ecosystem—banks, e-wallets, merchant acquirers, third-party processors, etc. — whose risk could potentially directly or indirectly impact the reputation and resilience of PayNet’s services.
• Develop frameworks to assess the risk profiles of participants and 3rd party providers, including incident spillover, concentration risks, and interdependencies.
• Engage proactively with ecosystem stakeholders to strengthen shared resilience, service continuity, and coordinated risk responses.

Risk Culture and Capability Building

• Champion a risk-conscious culture across the organization, embedding accountability and ownership at all levels.
• Build and mentor a high-performing risk team, equipping them with tools and methodologies to support advanced risk analytics, monitoring, and reporting.
• Promote continuous improvement in risk processes through automation, data-driven insights, and strategic alignment with business priorities.

Qualifications

• Bachelor’s degree in Risk Management, Finance, Business Administration, or a related field; Master’s degree preferred.
• 10+ years of experience in risk management, with significant experience in a leadership role.
• Strong knowledge of risk management frameworks, regulatory requirements, and industry best practices.
• Proven ability to lead large-scale risk management initiatives and manage cross-functional teams.
• Excellent communication, leadership, and strategic thinking skills.
• Risk assessment and mitigation
• Regulatory compliance
• Team leadership
• Strategic planning

Hiring organization

Payments Network Malaysia (PayNet) 200801035403 (836743-D) is Malaysia's premier payments network and central infrastructure for financial markets.

We innovate, build and operate world-class payment systems and financial market infrastructures that safely, reliably and efficiently enable the functioning and development of Malaysia's financial system as well as the economy as a whole.

Bank Negara Malaysia is PayNet's single largest shareholder, with eleven Malaysian financial institutions as joint shareholders

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