Posted:
10/24/2024, 5:00:00 PM
Location(s):
Wilayah Persekutuan Kuala Lumpur, Malaysia ⋅ Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Business & Strategy ⋅ Operations & Logistics
If you are looking to excel and make a difference, take a closer look at us…
Summary:
Manage and address issues on process improvement/simplification in the area of Business and Corporate Banking (BCB) Operational risks or as the first line of defense on operational risk function, focus on driving risk assurance and governance across the BCB business and operations functional streams.
Provide guidance to business/support units within BCB and responsible for the execution, control and continuous improvement of processes to support BCB business/function.
Overall Job Responsibilities:
Provide independent assessment of operational risks and adequacy of risk mitigations for new variation of products and key processes.
Work closely with respective BCB Departments for implementing effective risk management process of risk identification, assessment and measurement, acceptance and monitoring to reduce gross operational risk exposure to acceptable levels within the risk appetite
Review and validate the Risk & Control Self-Assessment (RCSA) on a quarterly / yearly basis or whenever change of standard operating processes & business workflow. Compile all the control testing results from all the business units in Business & Corporate Banking (BCB) and report to management on any lapses found before submission to Group Risk.
Work with all the respective business unit’s head / Operation Risk Representative (ORR) to establish the control and prevention of the operation disruption.
• Work closely with respective business/function Head to monitor and report incidents, the root causes, control in lapses/gaps and preventive measures taken
Identifying Operational risk incidents and ensuring timely and accurate Loss Event Reporting (LER) and Key Risk Indicators in ORMIS.
Collate the information on the Significant Operational Incident (SOI), prepare and review the RCGC deck and brief the management
Represents BCB for internal audit coordination and tracking and assists business units with responses on audit findings. Work with the internal auditors to get the updated information for tracking and responses.
Requirements:
Minimum of 3 – 5 years’ relevant experience in corporate/commercial business and/or managing operational risks at a banking and financial Institution.
Degree in Business Administration/Finance/Banking/Economics or equivalent
About Hong Leong Bank
We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our “Digital at the Core” ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.
Realise your full potential at Hong Leong Bank by applying now.
Website: https://hlb.com.my/
Headquarter Location: Kuala, Kalimantan Barat, Indonesia
Employee Count: 251-500
Year Founded: 1905
IPO Status: Public
Industries: Banking ⋅ Credit ⋅ Financial Services ⋅ Wealth Management