Associate Director, Operational Risk

Michael Page

Selangor
RM 180,000-222,000 per year
Permanent
Full-time

1 month ago
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The Operational Risk incumbent serves as a centralized second line of defense unit tasked with offering oversight and support regarding operational risk and control across all segments and regions.

Assist in reviewing and overseeing the onboarding of Risk Registers (and associated Risk & Control Self-Assessment activities) conducted by first line of defense (1LOD) segments and functions across various regions.

Conduct second line of defense (2LOD) controls assurance/testing of critical controls aimed at mitigating Operational Risks within a segment/geography.

Aid in overseeing and challenging the first line of defense's execution of Internal Operational Risk Events and associated Root Cause Analysis.

Document evidence of second line of defense oversight and challenges within the Operational Risk Management System (ORMS).

Deliver comprehensive outcomes of Operational Risk oversight activities to relevant Operational Risk teams supporting a segment or geography, highlighting any trends or exceptions observed.

Conduct or assist with regular quality assurance checks of Operational Risk work outputs to identify gaps or areas for enhancement.

Update or develop procedures and templates in alignment with evolving Enterprise policies or Standards, ensuring consistency in practice execution.

Global MNC|Rewarding Benefits

Experience in Operational Risk Management or specific Operational Risk domains (1LOD or 2LOD)
Experience in performing Risk & Control Assessments and/or Controls Testing
Familiarity with Operational Risk Management Framework in a banking/ financial services environment
Experience in performing Quality Assurance/ oversight activities
Experience in managing a team
Experience in the Banking/ Financial Services industry (MUST HAVE)

At this globally established company, they believe in their clients' businesses and people that can make a difference in the world. That's why our work is focused on helping our clients act with confidence and speed to seize opportunity wherever it arises. As a global corporate service provider and fund administrator with more than 5,000 professionals in over 45 jurisdictions, we empower legal entities globally to work smarter, grow faster, act responsibly, protect capital and scale across borders - by doing what we do best: reducing risk and enhancing efficiency.

A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensation.
Leaders who support your development through coaching and managing opportunities.
A world-class training program in financial services.
A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded.

Michael Page