Senior Manager, Risk

Rakuten Trade

  • Kuala Lumpur
  • Permanent
  • Full-time
  • 1 month ago
The incumbent is responsible for managing and overseeing all aspects of risk across the business. This includes operational, market, credit, technology, and corporate governance risks. The incumbent will be responsible for maintaining strong risk management practices, regulatory compliance, and fostering a culture of risk awareness in all business functions.Duties and Responsibilities * Develop and implement the enterprise-wide risk management strategy aligned with organisational goals and regulatory requirements.
  • Serve as a key advisor, providing insights and recommendations to guide business decisions and strategies.
  • Identify and manage operational risks across departments, including overseeing business continuity planning (BCP), incident management, and operational controls.
  • Monitor and report on operational risk indicators and implement appropriate mitigation measures.
  • Evaluate and manage the organization’s exposure to market risks, including interest rate fluctuations and market volatility, by overseeing risk models, ensuring ongoing portfolio assessment, and leading real-time monitoring and adjustment strategies to enhance resilience.
  • Oversee credit risk exposures by monitoring counterparty limits, assessing client creditworthiness, and working with the KIBB Risk Team to uphold prudent practices.
  • Recommend and implement risk mitigation measures, including best practices for risk ratings, exposure management, collateral strategies, and counterparty assessments.
  • Coordinate with IT teams to manage cybersecurity, data privacy, and technology disruption risks; ensure alignment with IT risk standards, such as NIST and TRMG.
  • Conduct third-party risk assessments to manage technology vendor exposures and ensure system integrity.
  • Maintain and update the risk and event registers, and ensure that risk policies are established and aligned with both internal standards and regulatory expectations.
  • Monitor regulatory changes (e.g. SC, BURSA, and other relevant regulation) and ensure policies remain compliant and up-to-date; generate reports, develop feedback and reports for management and board.
  • Prepare and deliver risk analytics, dashboards, and reports to provide visibility of the organisation’s risk profile and support informed decision-making.
  • Drive the company’s risk culture through training, awareness campaigns, and stakeholder engagement across all levels.
  • Liaise with internal and external stakeholders, including auditors, regulators, and board members, on all risk-related matters.
Qualifications
  • Candidate must possess at least a Bachelor’s degree in relevant fields such as Risk Management, Finance, or Business Management.
  • More than 6 years of working experience in risk management, internal controls, or a related field, preferably within the stockbroking industry.
  • Familiar with regulatory frameworks and compliance requirements related to the industry.
  • Strong analytical and problem-solving skills, with the ability to assess complex situations and recommend effective solutions.
  • Excellent communication skills to interact with internal stakeholders, external auditors, and regulatory bodies.
  • Ability to anticipate potential risks and develop proactive mitigation strategies.
  • Understanding e-stockbroking technology and its implications on risk and control measures.

Rakuten Trade