346 Operational Risk jobs in Kuala Lumpur

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

Join to apply for the Lead, Operational Risk role at 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
  
  
  

• 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

Kota Damansara, Selangor, Malaysia 2 weeks ago

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 3 weeks ago

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 3 weeks ago

Federal Territory of Kuala Lumpur, Malaysia 2 days ago

Mid Valley City, Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago

WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 3 weeks ago

Federal Territory of Kuala Lumpur, Malaysia 2 days ago

Bukit Jalil, Federal Territory of Kuala Lumpur, Malaysia 1 day ago

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 days ago

WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago

Bukit Jalil, Federal Territory of Kuala Lumpur, Malaysia 2 days ago

Federal Territory of Kuala Lumpur, Malaysia 1 week ago

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week ago

Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago

Federal Territory of Kuala Lumpur, Malaysia 2 weeks ago

WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 day ago

WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 3 weeks ago

Federal Territory of Kuala Lumpur, Malaysia 6 days ago

Federal Territory of Kuala Lumpur, Malaysia 2 days ago

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 months ago

Federal Territory of Kuala Lumpur, Malaysia 3 days ago

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.

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.

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.

What are we looking for?

• 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.

UOB Kuala Lumpur City, Federal Territory of Kuala Lumpur, Malaysia

UOB Kuala Lumpur City, Federal Territory of Kuala Lumpur, Malaysia

United Overseas Bank Limited (UOB) is a leading bank with a global network of branches and offices in Asia Pacific, Europe and North America. This role focuses on Operational Risk Management (ORM) within UOB’s Kuala Lumpur office, contributing to the development and governance of ORM frameworks, policies and procedures.

• Developing, maintaining and reviewing the ORM related frameworks, policies and procedures & guidelines.
• Assist in developing Operational Risk Management methodologies, tools and techniques in consultation with Group Non-Financial Risk Management (NFRM).
• Be well versed with incident reporting, KORI, third party risk management, product program, scenario analysis and MRA (self declared risk) and agile to take on/lead any of these ORM programs.
• Conduct regular briefings on Operational Risk Management for Business / Support units.
• Facilitating and providing support and guidance to business/ support units with regards to ORM initiatives as well as the ORM system.
• Secretariat function for ORWG, ORMC and Crisis Management Team (simulation exercise) including scheduling the meeting, reviewing presentation slides, minutes of meetings and matters arising.
• Preparation of ORM related updates/reports to Senior Management committee and Board.
• Familiar with BNM ORR reporting and confidence in engaging BNM/Management, when required.
• Supervise and support the Shariah Risk Management (SRM) function which is embedded within ORM.
• Prepare or support the ICAAP operational risk stress test activities and methodology.
• Supervise and co-ordinate on risk culture and recovery/resolution planning.
• Drive people management, development and culture.
• Attend relevant forums and/or committees (when necessary), namely Capital Working Group, Risk Capital Committee, Business Continuity Management Committee, Shariah Committee, PFS AML & Risk Forum (PARF), Finance BRCM forum and Compensation Review Panel; as appropriate.

• 10 –15 years of relevant experience in operational risk, compliance, audit, or related fields.
• Minimum 5 years in a leadership or senior advisory role within financial services or regulated industries.
• Proven track record in risk assessment, control design, and remediation.
• Experience in interacting with regulators, internal and external stakeholders including internal audit functions.
• Deep understanding of operational risk frameworks, relevant regulatory policies/guidelines and control environments.
• Strong analytical and problem-solving skills.
• Excellent communication and stakeholder management abilities.
• Ability to influence senior leadership and drive risk culture.
• Adequate familiarity with technology risk, cyber risk, third party risk risk, data governance and Shariah risk (as appropriate)
• Strategic thinking and ability to align risk practices with business objectives.
• Familiarity with Microsoft Office modules & presentation skills.

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

Apply now and make a Difference

• Executive

• Full-time

• Information Technology

• Banking