685 Operational Risk jobs in Malaysia

The Lead, Operational Risk will oversee and enhance operational risk frameworks and processes within the financial services sector. This role ensures compliance and mitigates risks while fostering a culture of operational excellence.

This large organization in the financial services industry is well-regarded for its innovative practices and robust operational frameworks. It provides opportunities to work on impactful projects within a supportive and professional environment.

• Develop and implement operational risk management frameworks and policies.
• Monitor and assess operational risks across banking and financial services operations.
• Conduct regular risk assessments and recommend mitigation strategies.
• Collaborate with various departments to ensure risk management practices are adhered to.
• Prepare comprehensive risk reports for senior management and stakeholders.
• Coordinate and lead risk-related training sessions for employees.
• Stay updated on regulatory requirements and ensure compliance within the organization.
• Investigate operational incidents and provide solutions to prevent recurrence.

A successful lead, Operational Risk should have:

• A degree in Finance, Business, Risk Management, or a related field.
• Solid understanding of operational risk frameworks (Any industry is considered).
• Strong analytical skills to identify and evaluate risks effectively.
• Experience in preparing detailed risk assessment reports.
• Knowledge of regulatory requirements in the banking and financial services sector is a plus.
• Excellent communication skills to collaborate with diverse teams.

• Opportunities for career growth within the financial services industry.
• Professional development programs and learning opportunities.
• Supportive and collaborative work environment.
• Comprehensive benefits package to support work-life balance.

We are an equal opportunities employer and welcome applications from all qualified candidates.

Michael Page Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

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Michael Page Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

1 day ago Be among the first 25 applicants

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About Our Client

This large organization in the financial services industry is well-regarded for its innovative practices and robust operational frameworks. It provides opportunities to work on impactful projects within a supportive and professional environment.

• Exposure to global stakeholders
• Career Progression
  
  
  

• Develop and implement operational risk management frameworks and policies.
• Monitor and assess operational risks across banking and financial services operations.
• Conduct regular risk assessments and recommend mitigation strategies.
• Collaborate with various departments to ensure risk management practices are adhered to.
• Prepare comprehensive risk reports for senior management and stakeholders.
• Coordinate and lead risk-related training sessions for employees.
• Stay updated on regulatory requirements and ensure compliance within the organization.
• Investigate operational incidents and provide solutions to prevent recurrence.
  
  
  

• A degree in Finance, Business, Risk Management, or a related field.
• Solid understanding of operational risk frameworks (Any industry is considered).
• Strong analytical skills to identify and evaluate risks effectively.
• Experience in preparing detailed risk assessment reports.
• Knowledge of regulatory requirements in the banking and financial services sector is a plus.
• Excellent communication skills to collaborate with diverse teams.
  
  
  

• Opportunities for career growth within the financial services industry.
• Professional development programs and learning opportunities.
• Supportive and collaborative work environment.
• Comprehensive benefits package to support work-life balance.
  
  
  

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Finance and Consulting
• Industries Financial Services, Accounting, and Banking

Referrals increase your chances of interviewing at Michael Page by 2x

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The Manager, Operational Risk will play a crucial role in identifying, assessing, and managing operational risks within the financial services industry. This position offers a challenging yet rewarding opportunity to contribute to risk management strategies within the banking and financial services department.

Client Details

This large organization operates within the financial services industry, providing comprehensive banking and financial solutions. Known for its robust operations, the company is committed to excellence and innovation in delivering client-focused services.

Description

• Develop and implement operational risk management frameworks and policies to ensure adherence to regulatory requirements.
• Identify, assess, and monitor operational risks across various business units within the financial services industry.
• Conduct regular risk assessments and implement mitigation strategies to address potential issues.
• Collaborate with internal stakeholders to enhance risk awareness and promote a risk-aware culture.
• Provide comprehensive reports and insights on operational risks to senior management and relevant committees.
• Ensure compliance with all applicable laws, regulations, and internal guidelines in the banking and financial services sector.
• Support the development of key risk indicators and metrics to monitor operational risk effectively.
• Lead and participate in risk-related projects and initiatives aimed at improving operational efficiency and resilience.

Profile

A successful Manager, Operational Risk should have:

• A degree in finance, business administration, or a related field.
• Experience in Operational Risk management within the Financial Services industry.
• Leadership Experience is a MUST HAVE.
• Strong understanding of banking and financial services regulations and compliance requirements.
• Excellent analytical and problem-solving skills, with attention to detail.
• Proven ability to work collaboratively with cross-functional teams and stakeholders.
• Effective communication and presentation skills to convey complex risk concepts clearly.

Job Offer

• Opportunities for professional growth within a large organization in the financial services industry.
• Exposure to challenging and impactful projects in the banking and financial services sector.
• Supportive and collaborative company culture.
• Comprehensive benefits package, including leave entitlements and professional development opportunities.

If you are ready to take the next step in your career as a Manager, Operational Risk, apply today to join a team that values your expertise and commitment.

To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Laxmin Ganapathy on

Agensi Pekerjaan Michael Page International (Malaysia) Sdn Bhd | Registration No W.

This role is based in our Kuala Lumpur office and supports
1st line risk management activities
for the Asian Transfer Agency platforms
. The analyst will assist in identifying, monitoring, and reporting operational risks, ensuring alignment with FNZ's Risk Management Framework.

We are looking for a self-starter, an expert in developing risk capabilities and someone who can support the delivery of the accurate and compliant service of the Transfer Agency team to our clients and their underlying investors on behalf of FNZ.

Specific Role Responsibilities
Process

• Ensuring delivery of quality, accurate Risk Events to clients in a timely manner, with appropriate assessment of regulatory impact
• Partnering with our client base to ensure Risk Events and causal themes are challenged to reduce the likelihood of reoccurrence.
• Responding to client enquiries in a prompt and professional manner
• Production of Risk Event Management Information monthly.
• Identifying efficiencies and improvements in the process related to quality and timeliness.
• Partnering with the business to improve the control environment
• Assisting in driving quality action plans (events and audits), with appropriate ownership and oversight to ensure completion on schedule.
• Supporting first line of defence with any Risk related enquiries
• Delivering Risk focused training to the business.

People

• Ensuring all mandatory training is completed in a timely fashion

Governance

• Attending client meetings and discussing Risk Event themes and trends.
• Supporting management of audits (internal & external)
• Attending regular client meetings (e.g. Risk Event Meetings) and resolve all actions within agreed timescales
• Using, and becoming a subject matter expert in the use of, the Firm's designated risk system as the sole repository for Risk Event Information.

Functional Area Responsibilities

• Continue to support the Team purpose and ensure the Operational Risk & Control function delivers value and assurance to FNZ and our client base.
• Promote and actively develop a risk aware culture within FNZ 1st line.
• Be proactive, organised and actively provide ideas of innovation and process improvement.
• Build and maintain excellent relationships with key internal stakeholders and clients to ensure engagement with our strategy.
• Be informed of sector-wide developments and those beyond the business sector.
• Undertake any other reasonable duties, as determined by the 1st line - Head of Function
• Ensure all mandatory training is completed in a timely fashion.
• Encourage a culture of openness and ethical decision making within the team.

Experience Required

• Bachelor's degree in Finance, Business, Risk Management, or related field.
• More than 3 years of experience in risk, compliance, operations, or audit (internships included).
• Exposure to Transfer Agency platforms
• Experience in AML or Financial Crime Analysis.
• Basic understanding of operational risk concepts (e.g., risk frameworks, incident management).
• Familiarity with GRC tools or risk reporting systems.
• Strong analytical and problem-solving skills.
• Attention to detail and ability to manage multiple tasks.
• Eagerness to learn and grow in a fast paced environment.
• Team player with good communication skills.
• Proficiency in Microsoft Office (Excel, PowerPoint, Word).

Why should you join us?

• Be part of a highly successful global business that is leading the delivery of financial services via cloud computing and partners with some of the world's largest companies.
• Be part of the start-up team in KL with the ability to have direct input and involvement in the processes towards the expected fast growth.
• Convenient office location in the city for commuters.
• A competitive salary and excellent benefits, including full comprehensive Health insurance, Life insurance, annual leaves, volunteer leave, sick days, referral bonuses, and more.
• A hybrid 3+2 model combining working from the office and from home.
• We provide global career opportunities for our employees at any of our offices in the UK, Czech Republic, Australia, New Zealand, China and more.

If this role appeals to you please make an application now.

• Please note we shortlist as we receive applications. We encourage early applications as we may withdraw advertising at any time.

For more information, please reach out to us on

About FNZ
FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back.
We created wealth's growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution.
We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA).
Together with our customers, we help over 20 million people from all wealth segments to invest in their future.

The Lead, Operational Risk will oversee and enhance operational risk frameworks and processes within the financial services sector. This role ensures compliance and mitigates risks while fostering a culture of operational excellence.

Client Details

This large organization in the financial services industry is well-regarded for its innovative practices and robust operational frameworks. It provides opportunities to work on impactful projects within a supportive and professional environment.

Description

• Develop and implement operational risk management frameworks and policies.
• Monitor and assess operational risks across banking and financial services operations.
• Conduct regular risk assessments and recommend mitigation strategies.
• Collaborate with various departments to ensure risk management practices are adhered to.
• Prepare comprehensive risk reports for senior management and stakeholders.
• Coordinate and lead risk-related training sessions for employees.
• Stay updated on regulatory requirements and ensure compliance within the organization.
• Investigate operational incidents and provide solutions to prevent recurrence.

Profile

A successful lead, Operational Risk should have:

• A degree in Finance, Business, Risk Management, or a related field.
• Solid understanding of operational risk frameworks (Any industry is considered).
• Strong analytical skills to identify and evaluate risks effectively.
• Experience in preparing detailed risk assessment reports.
• Knowledge of regulatory requirements in the banking and financial services sector is a plus.
• Excellent communication skills to collaborate with diverse teams.

Job Offer

• Opportunities for career growth within the financial services industry.
• Professional development programs and learning opportunities.
• Supportive and collaborative work environment.
• Comprehensive benefits package to support work-life balance.

If you are ready to take the next step in your career as a Manager, Operational Risk, apply now to join this exciting opportunity in the financial services industry.

To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Laxmin Ganapathy on

Agensi Pekerjaan Michael Page International (Malaysia) Sdn Bhd | Registration No W.

Role Description
This role is based in our Kuala Lumpur office and supports
1st line risk management activities
for the Asian wealth management platforms
. The analyst will assist in identifying, monitoring, and reporting operational risks, ensuring alignment with FNZ's Risk Management Framework.

We are looking for a self-starter, an expert in developing risk capabilities and someone who is confident to carry out interactions with a wide range of employees at all levels of the organisation, along with regular communication with both clients and third parties.

Specific Role Responsibilities
Process

• Ensuring delivery of quality, accurate Risk Events to clients in a timely manner, with appropriate assessment of regulatory impact
• Partnering with our client base to ensure Risk Events and causal themes are challenged to reduce the likelihood of reoccurrence.
• Responding to client enquiries in a prompt and professional manner
• Production of Risk Event Management Information monthly.
• Identifying efficiencies and improvements in the process related to quality and timeliness.
• Partnering with the business to improve the control environment
• Assisting in driving quality action plans (events and audits), with appropriate ownership and oversight to ensure completion on schedule.
• Supporting first line of defence with any Risk related enquiries
• Delivering Risk focussed training to the business.

People

• Ensuring all mandatory training is completed in a timely fashion

Governance

• Attending client meetings and discussing Risk Event themes and trends.
• Supporting management of audits (internal & external)
• Attending regular client meetings (e.g. Risk Event Meetings) and resolve all actions within agreed timescales
• Using, and becoming a subject matter expert in the use of, the Firm's designated risk system as the sole repository for Risk Event Information.

Functional Area Responsibilities

• Continue to support the Team purpose and ensure the Operational Risk & Control function delivers value and assurance to FNZ and our client base.
• Promote and actively develop a risk aware culture within FNZ 1st line.
• Be proactive, organised and actively provide ideas of innovation and process improvement.
• Build and maintain excellent relationships with key internal stakeholders and clients to ensure engagement with our strategy.
• Be informed of sector-wide developments and those beyond the business sector.
• Undertake any other reasonable duties, as determined by the 1st line - Head of Function
• Ensure all mandatory training is completed in a timely fashion.
• Encourage a culture of openness and ethical decision making within the team.

Experience Required

• Bachelor's degree in finance, Business, Risk Management, or related field.
• More than 3 years of experience in risk, compliance, operations, or audit (internships included).
• Exposure to financial services (e.g., EPF, Wealth Management or Transfer Agencies).
• Experience in AML or Financial Crime Analysis.
• Basic understanding of operational risk concepts (e.g., risk frameworks, incident management).
• Familiarity with GRC tools or risk reporting systems.
• Strong analytical and problem-solving skills.
• Attention to detail and ability to manage multiple tasks.
• Eagerness to learn and grow in a fast paced environment.
• Team player with good communication skills.
• Proficiency in Microsoft Office (Excel, PowerPoint, Word).

Why should you join us?

• Be part of a highly successful global business that is leading the delivery of financial services via cloud computing and partners with some of the world's largest companies.
• Be part of the start-up team in KL with the ability to have direct input and involvement in the processes towards the expected fast growth.
• Convenient office location in the city for commuters.
• A competitive salary and excellent benefits, including full comprehensive Health insurance, Life insurance, annual leaves, volunteer leave, sick days, referral bonuses, and more.
• A hybrid 3+2 model combining working from the office and from home.
• We provide global career opportunities for our employees at any of our offices in the UK, Czech Republic, Australia, New Zealand, China and more.

If this role appeals to you please make an application now.

• Please note we shortlist as we receive applications. We encourage early applications as we may withdraw advertising at any time.

For more information, please reach out to us on

About FNZ
FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back.
We created wealth's growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution.
We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA).
Together with our customers, we help over 20 million people from all wealth segments to invest in their future.

Risk Review and Monitoring

• Assist in the coordination and review of semi-annual risk self-assessment, including:

• reviewing on the risk register of business functions to ensure the risks from HLA's significant activities are properly identified, measured and mitigated.

• identifying HLA's Key Risks and incorporate it to the Heat Map.
• Assist in compiling and reviewing internal and external key risk indicator (KRI) monitoring and reporting.

• Operational Risk Event Analysis, Monitoring and Reporting.

• Assist in assessing and compiling loss event cases.

• Assist in assessing on the root causes and remedial action/controls.
• Assisting in operational risk event reporting.

BNM ORION Reporting

• Assist to liaise with relevant stakeholders to prepare submission of KRI and loss event.
• Assist in ensuring timely, complete and accurate data preparation for submission.
• Assist in conducting an analysis on ORION & ORION KRI to monitor the operational risk event conducted by stakeholder on a regular basis to ensure the risk events is within the trend.
• To support in providing assistance in relation to ORR & ORION policy document, FAQ, and reporting requirements.

Policy Review

• Assist in periodic/ad-hoc review of policies, framework, and procedures relevant to Risk Management Department.
• Assist in ensuring compliance to relevant operational risk related policies, guidelines and regulations.

Key Control Testing

• Assist in the planning and testing of key controls identified in the risk assessment.
• Assist in System Automated Process Review, and perform risk-based control testing oversight for proper closure.

Management Reporting

• Assist in arranging Risk Management & Compliance Committee meeting and materials on periodic basis.
• Assist in preparing monthly reports (including materials on the operation risk dashboard) for EXCO & GBRMC meetings on a periodic basis.

Outsourcing Risk:

• Assist in outsourcing reviews (including due diligence), assessments and gap analysis where needed.
• Assist in coordinate annual performance review of Outsourcing Service Providers with the business functions.

Others/Ad Hoc

• Assist in liaising and follow up with relevant stakeholders for responses in regards to external surveys or submissions.
• Assist in operational risk related tasks such as assist in operational risk monitoring, independent process review; where required
• To maintain systematic and clear documentation of all tasks assigned.
• To perform other duties as delegated by the Acting Head of Risk and Head of Information Security.

Job Requirements:

• Hold at least a Bachelor's Degree in Risk Management, Finance, Economics, Accounting, Actuarial Science or related fields.
• Minimum 5 years' working experience in a risk, audit, compliance or other related financial services functions or consulting firms.
• Proficient knowledge of risk management, compliance regulatory requirements and insurance operations.
• Proficient in Microsoft Office/Power Point/Excel applications.
• Strong analytical and report writing skills. Excellent communication and stakeholder management. Able to work independently with minimum supervision.