138 Operational Risk jobs in Kuala Lumpur
Specialist, Operational Risk Management
Posted 2 days ago
Job Viewed
Job Description
Overview
Ryt Bank WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
Direct message the job poster from Ryt Bank
Passionate about building an innovative workforce for The Right Bank.
About the Role
At RYT Bank, we believe risk management is not just about compliance — it’s about enabling smart, sustainable growth. As an Operational Risk Manager, you’ll play a key role in strengthening our risk culture and ensuring our frameworks are robust, responsive, and future-ready.
You’ll be responsible for enhancing and implementing key risk tools and processes, including:
- Operational Risk Management (ORM) Policy, RCSA, Key Control Testing, KRIs, New Product Assessment (NPA), and Third Party Risk Management Guideline (TPRMG).
- Independently assessing new products/services to ensure operational risks are identified and mitigated.
- Partnering with functional units to investigate incidents, identify root causes, and track mitigation actions to closure.
- Acting as Submission Officer for timely and accurate regulatory reporting (e.g., BNM loss events, KRIs).
- Facilitating and challenging RCSA exercises across the bank, ensuring alignment with our risk appetite and actual risk profile.
- Monitoring internal KRIs and analysing trends to highlight areas requiring management attention.
- Reviewing outsourcing risk assessments and coordinating periodic reviews and annual plans for BNM submission.
- Supporting training and workshops to embed risk awareness and strengthen our risk-first culture.
- Taking on ad-hoc assignments as directed by the Head of Department or Senior Management.
- A Bachelor’s degree or higher in a relevant field.
- 3 - 5 years of hands-on experience in banking, with strong exposure to operational risk.
- Solid understanding of BNM guidelines and regulatory expectations.
- Strong project and stakeholder management skills — you’re comfortable engaging across all levels.
- Analytical, detail-oriented, and solutions-driven.
- A team player with a positive, proactive mindset.
- Experience in technology risk is a plus.
At RYT Bank, we don’t just manage risk — we empower the business to grow responsibly.
If you’re ready to make an impact, we’d love to hear from you.
Employment details- Seniority level: Mid-Senior level
- Employment type: Full-time
- Job function: Project Management, Management, and Other
- Industry: Banking and Financial Services
Specialist, Operational Risk Management
Posted 1 day ago
Job Viewed
Job Description
Direct message the job poster from Ryt Bank
Passionate about building an innovative workforce for The Right Bank.
About the Role
At RYT Bank, we believe risk management is not just about compliance — it’s about enabling smart, sustainable growth. As an Operational Risk Manager, you’ll play a key role in strengthening our risk culture and ensuring our frameworks are robust, responsive, and future-ready.
You’ll be responsible for enhancing and implementing key risk tools and processes, including:
Operational Risk Management (ORM) Policy, RCSA, Key Control Testing, KRIs, New Product Assessment (NPA), and Third Party Risk Management Guideline (TPRMG).
Independently assessing new products/services to ensure operational risks are identified and mitigated.
Partnering with functional units to investigate incidents, identify root causes, and track mitigation actions to closure.
Acting as Submission Officer for timely and accurate regulatory reporting (e.g., BNM loss events, KRIs).
Facilitating and challenging RCSA exercises across the bank, ensuring alignment with our risk appetite and actual risk profile.
Monitoring internal KRIs and analysing trends to highlight areas requiring management attention.
Reviewing outsourcing risk assessments and coordinating periodic reviews and annual plans for BNM submission.
Supporting training and workshops to embed risk awareness and strengthen our risk-first culture.
Taking on ad-hoc assignments as directed by the Head of Department or Senior Management.
Qualifications and experience
A Bachelor’s degree or higher in a relevant field.
3 - 5 years of hands-on experience in banking, with strong exposure to operational risk.
Solid understanding of BNM guidelines and regulatory expectations.
Strong project and stakeholder management skills — you’re comfortable engaging across all levels.
Analytical, detail-oriented, and solutions-driven.
A team player with a positive, proactive mindset.
Experience in technology risk is a plus.
At RYT Bank, we don’t just manage risk — we empower the business to grow responsibly.
If you’re ready to make an impact, we’d love to hear from you.
Employment details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Project Management, Management, and Other
Industry: Banking and Financial Services
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Operational Risk Manager
Posted 12 days ago
Job Viewed
Job Description
Operational Risk Assistant Manager (Risk Management) at Bank of China (M) Berhad will play a key role in implementing the operational risk management framework, policies and procedures, and ensuring programs are effective in measurement, monitoring, control and reporting of the Bank’s operational risk. This is a full-time position based in Kuala Lumpur head office.
Responsibilities- Assist the Director of MILO / immediate supervisor to develop and enhance the bank’s overall operational risk management governance framework aligned with parent company and regulatory expectations.
- Support risk owners to ensure that activities are aligned with the Bank’s overall strategy and within the Bank / parent company’s risk appetite while ensuring adequate consideration and controls of potential risks in activities undertaken by the Bank.
- Recommend suitable guidance to ensure effectiveness of operational risk management functions by working closely with relevant departments to provide independent input on business initiatives, new product development and rectification of risk issues identified.
- Conduct impact / gap analysis on changes in local and/or international regulations related to operational risk management and coordinate changes in relevant policy, procedure and system.
- Implement overall effective operational risk management program, which includes incident management and data collection, key risk indicators and operational risk self-assessment.
- Conduct internal operational risk review and assess the adequacy of internal operational risk controls to manage operational risk.
- Timely escalation of significant operational risk incidents to Director, MILO and Head of RMD, where applicable to enable informed judgement and immediate remediation action is initiated to mitigate the risk.
- Support the timely preparation and reporting of operational risk to the risk committee and board risk management committee on identified operational risk issues/ findings, and relevant action plans.
- Closely follow up and ensure effective closure of identified control deficiencies, audit recommendations, regulatory findings and anticipated requirements to continuously improve the operational risk model.
- Communicate with the relevant business, technology partners, compliance and other teams while conducting detailed review of internal controls and processes that mitigate risk and facilitate compliance with applicable regulatory requirement.
- Timely reporting and escalation of operational risk incident/ information to relevant party including parent company or regulator.
- Stay alert on the changes in regulatory requirement on operational risk, new product development, business continuity management and complaint handling and the implication on the bank.
- Assist to drive bank-wide program to promote and enhance risk awareness, knowledge and capacity across all departments in relation to management of key categories of risks across the bank.
- Perform any other ad hoc functions as assigned by the Management / supervisor from time to time.
- Degree holder or above in related disciplines (professional qualifications or certification in operational risk management will be an added advantage).
- Minimum 3-5 years of working experience with strong knowledge of banking regulatory environment and regulations (practical experience or exposure to operational risk management, compliance, or internal business control functions shall be preferred).
- Good interpersonal and communication skill to build rapport with internal and external stakeholders.
- Strong analytical skill.
- Good command of both spoken and written English and Chinese will be preferred.
We offer competitive remuneration package and comprehensive fringe benefits including medical and life insurance, and different types of allowances to the right candidates.
Job Details- Job function: Accounting/Auditing, Analyst, and Quality Assurance
- Location: Kuala Lumpur, Malaysia
Lead, Operational Risk
Posted 17 days ago
Job Viewed
Job Description
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
Join to apply for the Lead, Operational Risk role at Michael Page
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
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.
Job 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.
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.
Contact: Laxmin Ganapathy
Quote job ref: JN- Seniority level
- 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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#J-18808-LjbffrOperational Risk Manager
Posted 12 days ago
Job Viewed
Job Description
Responsibilities
Assist the Director of MILO / immediate supervisor to develop and enhance the bank’s overall operational risk management governance framework aligned with parent company and regulatory expectations.
Support risk owners to ensure that activities are aligned with the Bank’s overall strategy and within the Bank / parent company’s risk appetite while ensuring adequate consideration and controls of potential risks in activities undertaken by the Bank.
Recommend suitable guidance to ensure effectiveness of operational risk management functions by working closely with relevant departments to provide independent input on business initiatives, new product development and rectification of risk issues identified.
Conduct impact / gap analysis on changes in local and/or international regulations related to operational risk management and coordinate changes in relevant policy, procedure and system.
Implement overall effective operational risk management program, which includes incident management and data collection, key risk indicators and operational risk self-assessment.
Conduct internal operational risk review and assess the adequacy of internal operational risk controls to manage operational risk.
Timely escalation of significant operational risk incidents to Director, MILO and Head of RMD, where applicable to enable informed judgement and immediate remediation action is initiated to mitigate the risk.
Support the timely preparation and reporting of operational risk to the risk committee and board risk management committee on identified operational risk issues/ findings, and relevant action plans.
Closely follow up and ensure effective closure of identified control deficiencies, audit recommendations, regulatory findings and anticipated requirements to continuously improve the operational risk model.
Communicate with the relevant business, technology partners, compliance and other teams while conducting detailed review of internal controls and processes that mitigate risk and facilitate compliance with applicable regulatory requirement.
Timely reporting and escalation of operational risk incident/ information to relevant party including parent company or regulator.
Stay alert on the changes in regulatory requirement on operational risk, new product development, business continuity management and complaint handling and the implication on the bank.
Assist to drive bank-wide program to promote and enhance risk awareness, knowledge and capacity across all departments in relation to management of key categories of risks across the bank.
Perform any other ad hoc functions as assigned by the Management / supervisor from time to time.
Requirements
Degree holder or above in related disciplines (professional qualifications or certification in operational risk management will be an added advantage).
Minimum 3-5 years of working experience with strong knowledge of banking regulatory environment and regulations (practical experience or exposure to operational risk management, compliance, or internal business control functions shall be preferred).
Good interpersonal and communication skill to build rapport with internal and external stakeholders.
Strong analytical skill.
Good command of both spoken and written English and Chinese will be preferred.
Benefits We offer competitive remuneration package and comprehensive fringe benefits including medical and life insurance, and different types of allowances to the right candidates.
Job Details
Job function: Accounting/Auditing, Analyst, and Quality Assurance
Location: Kuala Lumpur, Malaysia
#J-18808-Ljbffr
Lead, Operational Risk
Posted 17 days ago
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Job Description
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Lead, Operational Risk
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Michael Page Michael Page Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 day ago Be among the first 25 applicants Join to apply for the
Lead, Operational Risk
role at
Michael Page 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
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.
Job 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.
The Successful Applicant
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.
What's on 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.
Contact: Laxmin Ganapathy
Quote job ref: JN- Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Consulting Industries Financial Services, Accounting, and Banking Referrals increase your chances of interviewing at Michael Page by 2x Sign in to set job alerts for “Operational Risk Specialist” roles.
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Federal Territory of Kuala Lumpur, Malaysia 2 days ago CLIENT OPERATIONS & DUE DILIGENCE ANALYST
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Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago Petaling Jaya, Selangor, Malaysia 1 day ago Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 3 weeks ago WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 23 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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Senior Group Manager, Financial and Operational Risk
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Senior Group Manager, Financial and Operational Risk
Posted 2 days ago
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Senior Group Manager, Financial and Operational Risk
Provide support to the Senior Group Product Risk Director as part of the Product & Insurance Risk Team. The role supports the Senior Group Product Risk Director to holistically review local business units (LBUs) proposals for new products and alterations to existing products with the ultimate objective of supporting the Group Product Approval Committee Members in their product approval and broader product governance responsibilities. The product review function encompasses all aspects of insurance products, including technical actuarial aspects and wider insurance risk like distribution, customer, conduct and regulatory risk. The role also supports the LBUs by engaging and proactively guiding their product proposals through the approval process (early identifying and resolving potential issues). The role also supports the implementation and enhancement of the product approval governance framework, monitoring of LBU product risks, and other project-based activities within the Group Risk function.
Requirements
- A degree in Actuary or equivalent.
- Qualified Actuary with 10 years of working experience, in either a Group/Regional Office or a business unit.
- Strong holistic product development and governance experience is essential.
- Critical thinking and problem solving skills.
- Good verbal & written communication, influencing and senior stakeholder management skills.
- Good team player, able to work with and coordinate a number of stakeholders.
- Some travel in the region will be required.
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- Mid-Senior level
- Full-time
- Finance and Sales
Prudential is committed to providing a diverse and inclusive workplace.
#J-18808-LjbffrSenior Group Manager, Financial and Operational Risk
Posted today
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Senior Group Manager, Financial and Operational Risk
Posted 1 day ago
Job Viewed
Job Description
Provide support to the Senior Group Product Risk Director as part of the Product & Insurance Risk Team. The role supports the Senior Group Product Risk Director to holistically review local business units (LBUs) proposals for new products and alterations to existing products with the ultimate objective of supporting the Group Product Approval Committee Members in their product approval and broader product governance responsibilities. The product review function encompasses all aspects of insurance products, including technical actuarial aspects and wider insurance risk like distribution, customer, conduct and regulatory risk. The role also supports the LBUs by engaging and proactively guiding their product proposals through the approval process (early identifying and resolving potential issues). The role also supports the implementation and enhancement of the product approval governance framework, monitoring of LBU product risks, and other project-based activities within the Group Risk function. Requirements A degree in Actuary or equivalent. Qualified Actuary with 10 years of working experience, in either a Group/Regional Office or a business unit. Strong holistic product development and governance experience is essential. Critical thinking and problem solving skills. Good verbal & written communication, influencing and senior stakeholder management skills. Good team player, able to work with and coordinate a number of stakeholders. Some travel in the region will be required. 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
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Prudential is committed to providing a diverse and inclusive workplace.
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