Senior Executive, Group Operational Risk

Location:

Kuala Lumpur, MY, 50100

Category: Permanent

Facility: 2157

About Alliance Bank Malaysia Berhad

Alliance Bank Malaysia Berhad and its subsidiary, Alliance Islamic Bank Berhad, offers banking and financial solutions through its consumer, SME, corporate, commercial and Islamic banking. The Bank provides easy access to its broad base of customers throughout the country via multi-pronged delivery channels that include retail branches, Privilege Banking Centres, Business Centres, Investment Bank branches, and mobile and Internet banking.

We are currently seeking a high caliber professional to join our Group Operational Risk department under Group Risk Management division in a Senior Executive, Group Operational Risk position.

The Role

A successful candidate in this position will be:

Responsible for the internal risk governance (qualitative) which includes being the risk liaison for coordinating responses on regulatory matters, external requests, and preparing public disclosure reports.
Responsible for the management of risk arising from Islamic banking activities in concert with other risk units in Group Risk Management. This includes the formation of risk frameworks, policies, tools and methodologies specifically for the management of Islamic/Shariah non-compliance risk.
Responsible for the risk governance of new products

Job Description

Risk Governance

To assist in the coordination of responses to external parties on risk-related matters and requests.
To prepare presentations / briefings on risk governance to external / internal parties (e.g. regulators, rating agencies, external auditors, etc.)
To participate in risk governance initiatives and awareness programs to strengthen risk oversight and control functions.

Risk Advisory

To advise on risk matters and provide risk awareness / training to business and support units for uniform implementation across the Group.
To provide risk recommendations and sign-offs on operational and Islamic-related projects, initiatives and propositions.

Risk Assurance

To prepare independent risk reviews on operational and Islamic-related documents.
To provide comments on regulatory papers (policy, concept papers, exposure drafts, surveys, etc.) pertaining to operational and Shariah non-compliance risks.
To draft policies and procedures on operational and Shariah non-compliance risks.
To prepare sign-offs on new products, product variations and product renewals (conventional and Islamic)

Risk Monitoring and Reporting

To prepare risk management report and Pillar 3 for the Group’s annual report.
To prepare and coordinate risk report risk for the Group and entity.
To prepare regulatory reports on operational and Shariah non-compliance risks (e.g. product attestation, BNM ORR etc.) for submission.
To perform and recommend risk methodologies for stress testing, scenario analysis and ICAAP on operational and Shariah non-compliance risks.

Risk Management Projects and Initiatives

To participate and implement risk management projects in line with regulatory guidelines and the Group’s integrated risk management framework.
To assist and support the Head of Department in implementing various strategic and risk management initiatives/projects to strengthen risk management capabilities.
To provide cross-functional support to the colleagues within GRM, as required, to ensure the success of the Group’s risk management initiatives.

Job Requirements

Skills

Effective communication skills, both written and oral.
Good interpersonal skills and ability to handle a myriad of people across all levels.
Good planning and organization skills to meet objectives within stipulated deadlines.
Proactive, resourceful, result-oriented and willing to work the extra mile.
Strong analytical and problem-solving skills with the ability to connect the dots and ask the right questions to draw proper conclusions.
Resourceful and adaptable in a changing environment.

Education / Knowledge

Knowledge of banking operations
Knowledge of risks associated with banking business and operations.
Awareness of best practices and minimum standards.
Knowledge of relevant regulations governing banking operations.

Experience

Tertiary Graduate or Qualified Professional with at least 1 – 2 years’ direct experience in the banking and financial industry in operational risk, or in addition to internal audit/banking business and operations exposures.
Fresh graduates are encouraged to apply.