167 Operational Risk jobs in Malaysia

KAF Group Kuala Lumpur City, Federal Territory of Kuala Lumpur, Malaysia KAF Group Kuala Lumpur City, Federal Territory of Kuala Lumpur, Malaysia 1 month ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. Direct message the job poster from KAF Group Job Summary The Operational Risk Manager requires business acumen and appropriate knowledge and experience in the Operational Risk field. The Operational Risk manager will effectively be driving Operational Policy and Standards, Policy Assurance, Regulatory Compliance, Fraud Risk, Shariah Risk, Reporting and Management Information. The successful candidate will have a strong understanding of operating in a second line capacity within an operational risk organisation, and can respond flexibly and collaboratively to evolving business, regulatory and threat requirements. The manager will coordinate Business Continuity Planning (BCP) and Business Continuity anagement (BCM), incorporating extensive experience in these areas to safeguard the bank's operations and customer services. Key Responsibilities 1) Operational Risk Prepare and maintain operational risk management policies / guidelines Communicate and coordinate operational risk management activities in the bank Facilitate the review of operational risk controls with all departments. Support business units in managing operational risk through the use of Risk Control Self-Assessment and identification of key risk Indicators. Perform operational risk reporting as per ORION/KijangNet requirements. Conduct Strategic Risk Profile and Risk Register exercise of the bank. Develop and update operational risk policies and guidelines, aligning with the bank's strategic goals and regulatory frameworks. Lead operational risk assessments, enhancing risk awareness and control measures across the Consumer Bank division. Manage the RCSA process and the identification of KRIs to proactively mitigate risks. Oversee the collection and analysis of operational risk data, providing strategic insights to senior management. Coordinate with the bank’s departments to ensure the successful implementation of operational risk strategies. Establish strong ties into the relevant OR governance, risk and control committees to ensure adequate reporting of Operational Risk. Drive integration of operational risk reporting and associated Policy / Standards. 2) Business Continuity Planning (BCP) and Management (BCM) Serve as the BCP Coordinator, leading the development and regular updating of the bank’s BCP strategies. Conduct BCM exercises, ensuring readiness and effective response to operational disruptions. Work with cross-functional teams to establish resilient processes and backup systems for critical bank functions. Train and guide bank staff on BCP protocols and emergency procedures. Develop and maintain an effective fraud risk management framework. Coordinate with the security and investigations team to resolve fraudulent incidents and implement preventive controls. Analyze fraud trends and advise on system enhancements to mitigate fraud risks. Integrate Shariah compliance into risk management policies and operational procedures. Work closely with the Shariah committee to ensure all Consumer Bank products and services are compliant with Islamic finance principles. Conduct regular Shariah risk assessments and provide training to staff on Shariah compliance issues 5) Reporting and Compliance Prepare risk reports and dashboards for regulatory bodies and internal stakeholders. Ensure compliance with local and international risk management standards and best practices. 6) Other Responsibilities Prepare and submit BNM regulatory reporting. Assisting with and contribute to UAT (User Acceptance Testing) for the systems. Undertake any ad-hoc assignments and tasks as directed by management. Driving and contributing to the establishment of the Bank Departments’ Key Risk Indicators (KRIs), Risk Control Self-Assessments (RCSA), Risk Profiles, and Risk Register. Qualifications and Requirements A minimum of 5+ years of experience in managerial of operational risk management in Consumer Banking operations. Previous experience as a BCP Coordinator and in BCM, with a proven track record in planning and executing continuity strategies. Bachelor’s or Master’s degree in Finance, Risk Management, Business Administration, or related fields. Professional certifications in risk management or business continuity are highly regarded. Strong analytical and decision-making capabilities with a comprehensive understanding of risk assessment tools and methodologies. Excellent leadership and communication skills, with the ability to influence and engage stakeholders across all levels of the organization. Seniority level

Seniority level Mid-Senior level Employment type

Employment type Full-time Job function

Job function Finance and Analyst Industries Financial Services and Banking Referrals increase your chances of interviewing at KAF Group by 2x Sign in to set job alerts for “Operational Risk Manager” roles.

Federal Territory of Kuala Lumpur, Malaysia 4 days ago Manager, Business Risk and Compliance (Great Eastern Takaful Berhad)

Federal Territory of Kuala Lumpur, Malaysia 5 days ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Petaling Jaya, Selangor, Malaysia 4 days ago Federal Territory of Kuala Lumpur, Malaysia 11 hours ago Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 5 months ago Director, Compliance & Operational Risk Management, SEA Markets

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Senior Group Manager, Non-Financial & Operational Risk Management

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 11 months ago Kuala Lumpur City, Federal Territory of Kuala Lumpur, Malaysia 4 days ago Petaling Jaya, Selangor, Malaysia 2 months ago Vice President, Cross-Disciplinary Controls Lead Analyst - KUALA LUMPUR

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Federal Territory of Kuala Lumpur, Malaysia 4 weeks ago Kuala Lumpur City, Federal Territory of Kuala Lumpur, Malaysia 4 days ago WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 month ago Manager, Internal Audit (Personal Financial Services)

Assistant Manager, Operations Audit | TNG Digital

WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Manager/ AVP, Business Risk & Governance (GEGM)

Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 day ago Bangsar South, Federal Territory of Kuala Lumpur, Malaysia 1 month ago Business Consulting - Enterprise Risk, Manager/ Senior Manager

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 6 days ago Federal Territory of Kuala Lumpur, Malaysia 3 weeks ago Process and Reporting Excellence Manager

Internal Audit Manager, Data Analytic & IT

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Join to apply for the Senior Manager, Operational Risk Management role at Prudential Assurance Malaysia Berhad

Join to apply for the Senior Manager, Operational Risk Management 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 Summary

Responsible for formulating, developing and implementing strategies in relation to non-financial risk management (operational; business continuity, conduct and fraud risk) across the Company whilst performing oversight and monitoring functions that the Company is in adherence to applicable regulatory and statutory risk management requirements.

Responsible for reporting to the Chief Risk Officer on the firms’ non-financial risk exposures relative to its risk appetite and tolerance and providing challenge process on business strategy or plans based on the risk appetite framework, as well as providing information and advisory from risk management perspectives for key business decisions.

Principal Duties & Responsibilities

• Define and implement a progressive, achievable and measurable non-financial risk management program across all risk categories in particular financial, operational, reputational and strategic risks in addition to identification of specific components in each of these.
• Lead the non-financial risk management program that provides framework for the Company to safeguard business interest from financial, information, technology, privacy, operational and reputational risks, business continuity, hence enhancing organisational capabilities to deliver on its business strategy.
• Ensure the appropriate structure, resources and process exist and operate effectively to identify and manage the associated risks in order to protect Prudential’s brand, integrity and reputation and manage financial exposures. This specifically incorporates key Risk Based Decision making and approval processes.
• Identify gaps in acceptable risk levels, initiate remediation efforts to reduce risk exposures and improve the effectiveness of operational processes and controls. Identify, assess and monitor operational risk and business risk exposures.
• Monitor key risk indicators of operational & business risk against appetite.
• Responsible for ensuring cohesiveness between all stakeholders to align on any gaps and updates, to ensure that PAMB complies with all applicable Group and regulatory requirements.
• Work with stakeholders to continually identify opportunities to build, enhance and further optimize the existing risk management policies, processes and solution-formulation in supporting the overall Company’s strategies.
  
  
  

Qualifications

Job Specification:

• Recognized degree from reputable institution of higher learning
  
  
  

Experience

• Minimum 10 years related experience with supervisory role in Risk Management/ Compliance/ Audit functions, preferably in life insurance industry or financial services industry.
  
  
  

Knowledge

• Legislation & regulations applicable to life insurance business and operations.
• Risk management methodologies, policies and practices.
• Current and emerging risks which could potentially affect the Company’s risk profile
• High analytical and communication skills in particular managing regulators and senior stakeholders like the Board of Directors and Senior Management.
• Proven management and leadership skills.
  
  
  

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 Operational Risk Manager jobs in Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia .

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Join to apply for the

Senior Manager, Operational Risk Management

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Prudential Assurance Malaysia Berhad Join to apply for the

Senior Manager, Operational Risk Management

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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 Summary

Responsible for formulating, developing and implementing strategies in relation to non-financial risk management (operational; business continuity, conduct and fraud risk) across the Company whilst performing oversight and monitoring functions that the Company is in adherence to applicable regulatory and statutory risk management requirements.

Responsible for reporting to the Chief Risk Officer on the firms’ non-financial risk exposures relative to its risk appetite and tolerance and providing challenge process on business strategy or plans based on the risk appetite framework, as well as providing information and advisory from risk management perspectives for key business decisions.

Principal Duties & Responsibilities

Define and implement a progressive, achievable and measurable non-financial risk management program across all risk categories in particular financial, operational, reputational and strategic risks in addition to identification of specific components in each of these. Lead the non-financial risk management program that provides framework for the Company to safeguard business interest from financial, information, technology, privacy, operational and reputational risks, business continuity, hence enhancing organisational capabilities to deliver on its business strategy. Ensure the appropriate structure, resources and process exist and operate effectively to identify and manage the associated risks in order to protect Prudential’s brand, integrity and reputation and manage financial exposures. This specifically incorporates key Risk Based Decision making and approval processes. Identify gaps in acceptable risk levels, initiate remediation efforts to reduce risk exposures and improve the effectiveness of operational processes and controls. Identify, assess and monitor operational risk and business risk exposures. Monitor key risk indicators of operational & business risk against appetite. Responsible for ensuring cohesiveness between all stakeholders to align on any gaps and updates, to ensure that PAMB complies with all applicable Group and regulatory requirements. Work with stakeholders to continually identify opportunities to build, enhance and further optimize the existing risk management policies, processes and solution-formulation in supporting the overall Company’s strategies.

Qualifications

Job Specification:

Recognized degree from reputable institution of higher learning

Experience

Minimum 10 years related experience with supervisory role in Risk Management/ Compliance/ Audit functions, preferably in life insurance industry or financial services industry.

Knowledge

Legislation & regulations applicable to life insurance business and operations. Risk management methodologies, policies and practices. Current and emerging risks which could potentially affect the Company’s risk profile High analytical and communication skills in particular managing regulators and senior stakeholders like the Board of Directors and Senior Management. Proven management and leadership skills.

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 Operational Risk Manager jobs in

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia . Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Kuala Lumpur City, Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago SENIOR MANAGER - RISK, AUDIT AND BUSINESS CONTINUITY

Federal Territory of Kuala Lumpur, Malaysia 3 weeks ago Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago Petaling Jaya, Selangor, Malaysia 3 days ago Senior Executive, Group Operational Risk

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 days ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 day ago Manager, Business Risk and Compliance (Great Eastern Takaful Berhad)

Federal Territory of Kuala Lumpur, Malaysia 3 weeks ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 year ago Director, Compliance & Operational Risk Management, SEA Markets

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Senior Group Manager, Financial and Operational Risk

Kuala Lumpur City, Federal Territory of Kuala Lumpur, Malaysia 1 day ago Senior Group Manager, Non-Financial & Operational Risk Management

Petaling Jaya, Selangor, Malaysia 2 months ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 3 weeks ago Kuala Lumpur City, Federal Territory of Kuala Lumpur, Malaysia 3 days ago Federal Territory of Kuala Lumpur, Malaysia 13 hours ago Senior Risks Manager, Risks & Controls, (Permanent) M/F

WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 months ago Business Consulting - Enterprise Risk, Manager/ Senior Manager

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 6 days ago Manager, Internal Audit (Personal Financial Services)

Bangsar South, Federal Territory of Kuala Lumpur, Malaysia 2 months ago Assistant Manager, Operations Audit | TNG Digital

WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 4 weeks ago DSRC Senior Manager: Internal Audit (SEA)

WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 weeks 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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SD GUTHRIE INTERNATIONAL

About Us

SD Guthrie International (SDGI) produces edible oils, palm oil-based biodiesel, nutraceuticals and other palm oil derivatives for the global market. Driven by a philosophy of “Realising possibilities, together”, SDGI collaborates closely with customers to develop bespoke solutions, including superior refined oils and fats that are tailor-made to their needs.

At SDGI, we are committed to partnerships focused on your success, exploring every possibility to deliver the right solutions and identify new opportunities. We are dedicated to a future where we achieve the best results together. With a global footprint and extensive network, SDGI offers a rewarding and fulfilling career path for dynamic and vibrant young talents.

Join us today, as we continue to Unlock Nature's Superpowers!

Roles & Responsibilities:

• Providing standard guidelines via policies and procedures to effectively manage operational risks and credit risks to support the achievement of departmental visionary objectives.
• Review key exceptions through an effective monitoring mechanism to ensure key internal controls are working effectively.
• Provide regular monitoring and reporting to the Management on key controls.
• Review new and existing Policies, Standard Operating Procedures (SOPS) & Standing Instructions (SIs) by working closely with department heads / process owners to ensure adequate controls are in place to always protect the Group’s interest.
• Perform planning and ad-hoc monitoring activities to ensure trading activities and/or selected key controls are carried out following Group Policies and/or SOPS.
• Effectively manage operational risk and credit risk to support the achievement of departmental visionary objectives.
• Automate key monitoring activities to ensure exceptions to the Group Policies and/or SOPS are addressed and escalated immediately.
• Maintain the trading platform for the new and existing counter party by performing KYC due diligence (i.e. sanction, AML, etc.) as well as credit assessment in line with the relevant Group Policy and/or SOP for new/existing buyers for new/changes in credit line for Business Units (BUs) in SDGB.
• Perform and maintain regular KYC due diligence to update customers’ risk profile and report to relevant authorities as per the specific country requirement.
• Assist in coordinating SDGB’s Credit Committee Meeting (CCM) and preparing its minutes of the meeting.
• Review and highlight issues arising from the accounts receivable and outstanding contracts monthly.
• Highlights potential credit and contractual risk to CCM promptly.
• Monitoring the action plan for external and internal auditors’ reports. To follow up with the action plans ensure it is completed within the target implementation date.
• Ensure BUs maintain the risk register according to the requirements of Group Risk.
• Evaluate the effectiveness of existing internal and system controls.
• Implement and monitor system controls for key risk areas to ensure compliance with Group Policies & Procedures.
• Monitor sanction risk with the Group Compliance Office for SD Guthrie Berhad-wide
• Develop, maintain and coach the team on Continuous Control Monitoring as well as digital initiatives for MPOB reporting, contract management, price variance analysis, credit management, credit limit utilisation, advance ageing and other key risk areas.
• Identify and validate exceptions for non-compliances based on Continuous Control Monitoring results. Proposed for process enhancement(s) where necessary.
• Report on Non-Conformance Record to the process owners with repetitive non-compliance records.
• Any other ad-hoc analysis and matters
• Ensure due diligence is performed on business entities to ensure suitability, compliance with relevant regulations and financial status for credit facilities.
• This job will impact the monitoring of trading activities, compliance, and risk management of the department.
• Identify key risk areas that may impact the financial performance of the business.
• To participate in brainstorming, teamwork, and discussion on SD Guthrie International’s daily operational issues

Ideal Candidate

• A Master's in Business Administration (MBA) is an added advantage
• Bachelor's Degree in Business Administration (BBA), or any relevant field related to finance or Governance.
• At least 5 years of working experience in risk management/ compliance/ audit/ finance.
• Excellent skills in MS Office Packages.
• Pleasant personality, good communication, presentation, analytical and report writing skills.
• Knowledge of the palm oil industry, futures and trading market.
• Willingness to take challenges and responsibilities within the job scope.
• Performance management
• Attention to detail
• Communication skills
• Writing and analytical skills
• Decision making
• Knowledge of compliance and risk
• Industry knowledge & application
• Experience in palm oil trading, export and local markets
• Familiar with the mechanics of the futures exchange
• Effective communication
• Drive change & performance
• Emotional intelligence

Why Join Us?

• Learning on Demand
• Employee Wellness Programme
• Employee Engagement Activities
• Education Assistance (terms & conditions apply)
• Free Parking
• and many more.

Only shortlisted candidates will be notified.

Discover more opportunities with us here!

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• Global MNC
• Rewarding Benefits

About Our Client

At this globally established company, they believe in their clients' businesses and people that can make a difference in the world. That's why our work is focused on helping our clients act with confidence and speed to seize opportunity wherever it arises. As a global corporate service provider and fund administrator with more than 5,000 professionals in over 45 jurisdictions, we empower legal entities globally to work smarter, grow faster, act responsibly, protect capital and scale across borders - by doing what we do best: reducing risk and enhancing efficiency.

Job Description

* Assist in reviewing and overseeing the onboarding of Risk Registers (and associated Risk & Control Self-Assessment activities) conducted by first line of defense (1LOD) segments and functions across various regions.

* Conduct second line of defense (2LOD) controls assurance/testing of critical controls aimed at mitigating Operational Risks within a segment/geography.

* Aid in overseeing and challenging the first line of defense's execution of Internal Operational Risk Events and associated Root Cause Analysis.

* Document evidence of second line of defense oversight and challenges within the Operational Risk Management System (ORMS).

* Deliver comprehensive outcomes of Operational Risk oversight activities to relevant Operational Risk teams supporting a segment or geography, highlighting any trends or exceptions observed.

* Conduct or assist with regular quality assurance checks of Operational Risk work outputs to identify gaps or areas for enhancement.

* Update or develop procedures and templates in alignment with evolving Enterprise policies or Standards, ensuring consistency in practice execution.

The Successful Applicant

• Experience in Operational Risk Management or specific Operational Risk domains (1LOD or 2LOD)
• Experience in performing Risk & Control Assessments and/or Controls Testing
• Familiarity with Operational Risk Management Framework in a banking/ financial services environment
• Experience in performing Quality Assurance/ oversight activities
• Experience in managing a team
• Experience in the Banking/ Financial Services industry (MUST HAVE)

What's on Offer

• A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensation.
• Leaders who support your development through coaching and managing opportunities.
• A world-class training program in financial services.
• A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded.

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Senior Manager - Operational Risk & BCM page is loadedSenior Manager - Operational Risk & BCM Apply locations Cyberjaya, MY-AIA Shared Services Malaysia time type Full time posted on Posted 13 Days Ago job requisition id JR-54982

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.

As pioneering innovators for over 100 years, we’re now transforming our organisation to be faster, simpler and more connected. Because we want to be even better equipped to develop digital solutions and experiences that help more people live Healthier, Longer, Better Lives.

To get there, we need people with tech/digital/analytics expertise and passion to help develop positive, sustainable change through digitally enhanced experiences that will impact the lives of millions of people and create a healthier future for everyone.

If you believe in developing a better tomorrow, read on.

About the Role

The role will be responsible for the development and maintenance of risk management frameworks and systems including the development and implementation of risk and control mitigation and remediation activities which includes the ongoing updating and enhancement of risk management procedures. Develop, implement and maintain risk and control assessment and assurance programs in support of the various functions at OSS, while providing ongoing assurance of the overall effectiveness and compliance to stakeholders’ expectations.

Develop, implement, and manage company's business continuity program in line with Group standards and local regulations in the region. The person will support all activities necessary to AIA to prepare for and respond to any business interruption.

Risk Management

• Develops and maintains the corporate wide operational risk management program that addresses all aspects of operational and non-financial risk and compliance.
• Work with senior members of the OSS leadership teams to ensure that risk remediation plans are implemented and tracked accordingly.
• Manage and support annual operational risk activities including risk and control assessments, third party risk assessments, risk management and control certification, control environment assurance, internal control environment assessment, internal audit reviews.
• Support the OSS functions in the various risk assessment activities to identify and assess risks and work with the risk champions and OSS functions to develop and implement risk mitigation plans to manage risks at acceptable levels and to monitor the effectiveness of those plans.
• Identify opportunities for strategic improvement or mitigation of operational risks caused by changes of business partner operational needs, regulatory changes or industry-specific change initiatives.
• Plan and coordinate all operational risk control testing and assurance activities. Coordinate and facilitate regular, complete, and meaningful operational risk assurance activities with risk champions and document and communicate results and insights to relevant OSS functions and stakeholders.
• Work closely with OSS and Group technology and security functions to maintain an ongoing view of the state of technology risk across OSS functions while providing support in the continuing assessment and monitoring of the various technology needs across OSS to ensure technology risks are managed appropriately.
• Liaise with Risk Champions to develop effective working relationships
• Lead and manage Company’s operational risk assessments for Third Parties.
• Perform threat and risk assessment pertaining to operational changes to identify points of vulnerability, single points of failure and identify risk avoidance and mitigation strategies.
• Provide regular status updates until closure to Group / OSS leadership and key stakeholders regarding material operational risk incidences and events.
• Develop and deliver appropriate operational risk education and awareness programme
• Develop regular operational risk program status reports to Group and OSS management
• Analyze and report on implications of regulatory requirements and industry guidance on operational risk programs.
• Support OSS functions during internal audit and independent review.
• Ability to create and maintain internal control matrices and Key Risk Indicators to demonstrate compliance with various frameworks and requirements

Business Continuity Management

• Maintain the corporate wide business continuity program that addresses disaster recovery, business recovery and emergency response management.
• Work with senior members of the Technology, Operations and Risk leadership teams to ensure that remediation plans are implemented and tracked accordingly.
• Manage and support annual business recovery exercises, which may include Dedicated Recovery Sites (DRS), Remote Access, Alternate Office, and Work Transfer, depending on function and location
• Help the business functions to conduct periodic Business Impact Analysis, identify recovery requirements and work with the business continuity coordinators to develop and implement recovery plans in the event of a business disruption.
• Identify opportunities for strategic improvement or mitigation of business interruption and other risks caused by business, regulatory, or industry-specific change initiatives.
• Plan and coordinate all business continuity testing and exercises. Coordinate and facilitate regular, complete, and meaningful BCM tests and post-exercise reports.
• Work closely with IT, Operations, and other business units to develop/maintain DR plans for critical systems and applications and to ensure that internal recovery sites are updated and functioning properly. This includes reviewing business impact analysis reports and conducting challenge sessions to ensure appropriate tiering and RTO/MTPD levels are assigned.
• Liaise with Business Continuity Coordinators to develop effective working relationships
• Lead and manage Company’s BCM readiness assessment for Third Parties.
• Perform threat and risk assessment pertaining to Business Continuity to identify points of vulnerability, single points of failure and identify risk avoidance and mitigation strategies.
• Assist in crisis management as BCM SME in the event of a business interruption.
• Provide regular status updates until closure to Group / BU key stakeholders during the major incidents.
• Develop and deliver appropriate BCM education and awareness programme
• Develop regular BCM program status reports to Group and local management
• Analyze and report on implications of regulatory requirements and industry guidance on BCP/DR programs

Job Requirements :

• 10+ years of Risk Management experience in insurance business preferred and, in lieu of insurance, financial services and 10+ years of Business Continuity Management experience in financial services.
• Bachelor’s degree in Science or related field or equivalent experience.
• Globally recognised Risk certification/risk professional certfications
• Familiarity and understanding in any ISO risk management (ISO 31000), business continuity or audit frameworks (preferable ISO 27001, 22301, 9001) .
• Globally recognized BCM certification (CBCI/CBCP)
• Good understanding or organizational resilience including IT Disaster Recovery and Technology Resilience.
• Experience in actively developing and supporting business continuity programs is an advantage
• Leadership skills (ability to take charge, confidence to interact with all levels, set objectives, drive results, and a team player)
• Self-starter with the ability to work with a great degree of autonomy.
• Excellent verbal and written communication skills to effectively present risk findings and recommendations to risk owners and stakeholders.
• Project management skills
• Proficiency in MS office products (PowerPoint, excel, etc.)

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

Do you believe in better?

At AIA, we don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us.

We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives, build healthier societies and cultivate healthier environments that better everybody.

If you believe in developing a better tomorrow, we’d love to hear from you.

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Responsibilities:
* Driving the implementation of all components of the Operational Risk Management Framework (KRI's, KRCSA's, Op Risk Event Mgmt., Reporting to Senior Management) and embedding risk culture across the division.
* Responsible for reconciliation, MIS, risk management reporting.
* Assist with continuity of business plans, document, and updates.
* Assist with records management control related functions.
* Assist in identifying key risk areas and putting mitigating controls in place to minimize risks as an ongoing operations activity.
* Ensuring quality processing, adherence, and compliance to regulatory and internal control requirements.
* Perform process reviews and provide recommendations for improvement and automation, participate in enhancement projects.

The Successful Applicant:
* Minimum 5 years or more in Banking or Finance related to Operational Risk coupled with Trade Ops Experience (Cash Management/ Trade Finance/ Loans/ Channels), preferably in risk & control, reconciliations, accounting or operations.
* Ability to analyze operational gaps and formulate conclusions and recommendations.
* Responsible, organized, and ability to work under pressure and multi-task in a fast-paced environment with tight deadlines.

What's on Offer:

• A comprehensive Total Rewards Program including performance-based bonuses, flexible benefits, and competitive compensation.
• Leaders who support your development through coaching and managing opportunities.
• A world-class training program in financial services.
• A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded.

Contact:
Laxmin Ganapathy
Quote job ref: JN-042025-6720398
Phone number: 60122161741

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* Involved in the implementation of all components of the Operational Risk Management Framework (KRI's, KRCSA's, Op Risk Event Management, Reporting to Senior Management) and embedding risk culture across the division.
* Assist with reconciliation, MIS, risk management reporting.
* Support continuity of business plans, document management, and updates.
* Assist with records management control functions.
* Help identify key risk areas and implement mitigating controls to minimize risks as part of ongoing operations.
* Ensure quality processing, adherence, and compliance with regulatory and internal control requirements.
* Perform process reviews, provide recommendations for improvements and automation, and participate in enhancement projects.
* Support other administrative, risk, and control-related activities as assigned.

The Successful Applicant

Skills and Experience
* Experience in Banking or Finance related fields (Cash Management, Trade Finance, Loans, Channels), preferably in risk & control, reconciliations, accounting, or operations.
* Ability to analyze operational gaps, draw conclusions, and recommend solutions.
* Responsible, organized, and capable of working under pressure in a fast-paced environment with tight deadlines.
Education
* Minimum a recognized degree in a relevant field.
* Relevant industry certifications (e.g., CDCS, CITF, CSDG, ACAMS) are an advantage.

What's on Offer

• A comprehensive Total Rewards Program including performance-based bonuses, flexible benefits, and competitive compensation.
• Supportive leaders who foster your development through coaching and growth opportunities.
• World-class training programs in financial services.
• A collaborative, dynamic culture where personal initiative and hard work are recognized and rewarded.

Contact: Laxmin Ganapathy
Quote job ref: JN-042025-6727992
Phone number: 60122161741

#J-18808-Ljbffr

Join to apply for the Senior Manager - Operational Risk & BCM role at AIA Shared Services

Join to apply for the Senior Manager - Operational Risk & BCM role at AIA Shared Services

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.

As pioneering innovators for over 100 years, we’re now transforming our organisation to be faster, simpler and more connected. Because we want to be even better equipped to develop digital solutions and experiences that help more people live Healthier, Longer, Better Lives.

To get there, we need people with tech/digital/analytics expertise and passion to help develop positive, sustainable change through digitally enhanced experiences that will impact the lives of millions of people and create a healthier future for everyone.

If you believe in developing a better tomorrow, read on.

About The Role

The role will be responsible for the development and maintenance of risk management frameworks and systems including the development and implementation of risk and control mitigation and remediation activities which includes the ongoing updating and enhancement of risk management procedures. Develop, implement and maintain risk and control assessment and assurance programs in support of the various functions at OSS, while providing ongoing assurance of the overall effectiveness and compliance to stakeholders’ expectations.

Develop, implement, and manage company's business continuity program in line with Group standards and local regulations in the region. The person will support all activities necessary to AIA to prepare for and respond to any business interruption.

Risk Management

• Develops and maintains the corporate wide operational risk management program that addresses all aspects of operational and non-financial risk and compliance.
• Work with senior members of the OSS leadership teams to ensure that risk remediation plans are implemented and tracked accordingly.
• Manage and support annual operational risk activities including risk and control assessments, third party risk assessments, risk management and control certification, control environment assurance, internal control environment assessment, internal audit reviews.
• Support the OSS functions in the various risk assessment activities to identify and assess risks and work with the risk champions and OSS functions to develop and implement risk mitigation plans to manage risks at acceptable levels and to monitor the effectiveness of those plans.
• Identify opportunities for strategic improvement or mitigation of operational risks caused by changes of business partner operational needs, regulatory changes or industry-specific change initiatives.
• Plan and coordinate all operational risk control testing and assurance activities. Coordinate and facilitate regular, complete, and meaningful operational risk assurance activities with risk champions and document and communicate results and insights to relevant OSS functions and stakeholders.
• Work closely with OSS and Group technology and security functions to maintain an ongoing view of the state of technology risk across OSS functions while providing support in the continuing assessment and monitoring of the various technology needs across OSS to ensure technology risks are managed appropriately.
• Liaise with Risk Champions to develop effective working relationships
• Lead and manage Company’s operational risk assessments for Third Parties.
• Perform threat and risk assessment pertaining to operational changes to identify points of vulnerability, single points of failure and identify risk avoidance and mitigation strategies.
• Provide regular status updates until closure to Group / OSS leadership and key stakeholders regarding material operational risk incidences and events.
• Develop and deliver appropriate operational risk education and awareness programme
• Develop regular operational risk program status reports to Group and OSS management
• Analyze and report on implications of regulatory requirements and industry guidance on operational risk programs.
• Support OSS functions during internal audit and independent review.
• Ability to create and maintain internal control matrices and Key Risk Indicators to demonstrate compliance with various frameworks and requirements
  
  

Business Continuity Management

• Maintain the corporate wide business continuity program that addresses disaster recovery, business recovery and emergency response management.
• Work with senior members of the Technology, Operations and Risk leadership teams to ensure that remediation plans are implemented and tracked accordingly.
• Manage and support annual business recovery exercises, which may include Dedicated Recovery Sites (DRS), Remote Access, Alternate Office, and Work Transfer, depending on function and location
• Help the business functions to conduct periodic Business Impact Analysis, identify recovery requirements and work with the business continuity coordinators to develop and implement recovery plans in the event of a business disruption.
• Identify opportunities for strategic improvement or mitigation of business interruption and other risks caused by business, regulatory, or industry-specific change initiatives.
• Plan and coordinate all business continuity testing and exercises. Coordinate and facilitate regular, complete, and meaningful BCM tests and post-exercise reports.
• Work closely with IT, Operations, and other business units to develop/maintain DR plans for critical systems and applications and to ensure that internal recovery sites are updated and functioning properly. This includes reviewing business impact analysis reports and conducting challenge sessions to ensure appropriate tiering and RTO/MTPD levels are assigned.
• Liaise with Business Continuity Coordinators to develop effective working relationships
• Lead and manage Company’s BCM readiness assessment for Third Parties.
• Perform threat and risk assessment pertaining to Business Continuity to identify points of vulnerability, single points of failure and identify risk avoidance and mitigation strategies.
• Assist in crisis management as BCM SME in the event of a business interruption.
• Provide regular status updates until closure to Group / BU key stakeholders during the major incidents.
• Develop and deliver appropriate BCM education and awareness programme
• Develop regular BCM program status reports to Group and local management
• Analyze and report on implications of regulatory requirements and industry guidance on BCP/DR programs
  
  

Job Requirements

• 10+ years of Risk Management experience in insurance business preferred and, in lieu of insurance, financial services and 10+ years of Business Continuity Management experience in financial services.
• Bachelor’s degree in Science or related field or equivalent experience.
• Globally recognised Risk certification/risk professional certfications
• Familiarity and understanding in any ISO risk management (ISO 31000), business continuity or audit frameworks (preferable ISO 27001, 22301, 9001) .
• Globally recognized BCM certification (CBCI/CBCP)
• Good understanding or organizational resilience including IT Disaster Recovery and Technology Resilience.
• Experience in actively developing and supporting business continuity programs is an advantage
• Leadership skills (ability to take charge, confidence to interact with all levels, set objectives, drive results, and a team player)
• Self-starter with the ability to work with a great degree of autonomy.
• Excellent verbal and written communication skills to effectively present risk findings and recommendations to risk owners and stakeholders.
• Project management skills
• Proficiency in MS office products (PowerPoint, excel, etc.)
  
  

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

Seniority level

• Seniority level Mid-Senior level

Employment type

• Employment type Full-time

Job function

• Job function Finance and Sales
• Industries Insurance

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