Job Description

:Job Purpose

• Responsible for reviewing and implementing the Basel III Liquidity Risk across the Group and ensure that the framework complies with BNM guidelines and requirements (including Basel III, contingency funding plan (CFP) etc.);
• Responsible for maintaining and implementing Basel III internal methodology and assumptions which comply with BNM requirements;
• Advise Supervisor, Head of ALM MY, Regional Counterparts, Senior Management and Risk Committees on regulatory requirements, guidelines and updates impacting the liquidity risk of the Group;

Job ResponsibilitiesStrategy and Planning - Enhance Shareholders Value

• Support the implementation of best in class asset-liability risk management and control environment across the Group by reviewing and implementing a consistent and effective group-wide Basel III liquidity risk management framework that complies with regulatory guidelines and requirements;
• Engage with stakeholders to review and interpret the business rules and treatment of the Basel III Liquidity Risk guidelines;
• Provide effective support to Country ALM teams in their review of liquidity risk policies and procedures pertaining to BNM-Basel III and CFP;
• Communicate to Country ALM teams on Group ALM liquidity risk initiatives and directives;
• Recommend risk appetite and controls for Basel III metrics for the Group.

Business Performance and Management - Internal Business Process

• Maintain and ensure standardization of Basel III Liquidity Risk and Contingency Funding Plan policies and procedures across the region. Ensure the P&P are aligned to the GPMF and GPMP;
• Keep abreast of the regulatory developments relating to liquditiy risk (including Basel III, stress testing, recovery and resolution planning (RRP), intra-day liquidity etc.) which impact the Group\'s portfolio and make recommendations for suitable changes (processes and risk) if require;
• A subject matter expert on Basel III LCR and NSFR (BNM) and to provide guidance to both domestic and regioanl stakeholders;
• Participate in ALM projects and process initiatives alongside other subejct matter experts;
• Lead the Contingency Funding Plan (CFP) testing at Group level and provide feedbacks to enhance CFP policy.
• Identify, review and maintain a listing of Early Warning System (\'EWS\') indicators which could identify emergence of increased risk or vulnerabilities in the Group\'s liquidity risk position or funding risk;
• Attend to queries or surveys in relation to liquidity risk from regulators, and liaise with internal/external auditors;
• Identify control gaps and work together with Reporting Team to strengthen the internal controls to improve the accuracy of the liquidity risk positions (which includes tools not limited to RCSA & CET testing, maker & checker, reconciliation etc.)
• Ensures that issues that potentially lead to non-compliance are escalated to supervisor and identified in the MSII.

People Management - (Customer and Employee Engagement and Development)Customer:

• Build and maintain strong relationship with Country ALM, Business Unit and Business Support team;
• Provide constructive challenge to first of line defence in managing the liquidity risks of CIMB Malaysia and CIMB Group.

Employee Engagement

• Play an active role in the liquidity risk team.

Regulatory Compliance

• Ensure that the ALM-Liquidity Risk policies and procedures complies with BNM requirements;
• Highlight and escalate breaches or potential breaches of relevant regulatory requirements to supervisor, Head of ALM Malaysia and/or ALCO for deliberation / decision.

• Minimum a bachelor degree in the relevant discipline (Accounting/Finance/Business/Economics/Financial Engineering)

Strong academic background in related areas.

• Bank Risk Management (BRM) qualification
• Minimum 7-8 years of experience in ALM preferably in large banking institutions.
• In-depth knowledge of asset & liability management (liquidity) and Basel III Liquidity Requirements including the rules and regulations governing the operations in domestic and international landscapes. Relevant knowledge of retail, commercial and wholesale banking including the product suites as well as services offering.
• Good analytical skills
• Good oral and written communication skills in English;
• Ability to investigate issues, ensuring that relevant information is considered
• Ability to analyse, report, highlight and escalate liquidity risk related issues internally and in the management reports;
• Ability to communicate effectively, clearly and concisely at all levels (both internally and externally).

On a functional basis:The scope of the role covers liquidity and funding risks primarily relating to LCR and NSFR as undertaken by all legal banking entities under CIMB Group Holdings Bhd predominantly CIMB Malaysia and entities herein.On a regulatory perspective:For Malaysia: the person is responsible for addressing requirements of Bank Negara Malaysia with respect to liquidity and funding risks of all banking entities under the Group.For other countries: the person is responsible to work with the regional and local ALM team in addressing requirements of home regulators with respect to liquidity and funding risks of the entity concerned**Only shortlisted candidates will be notified

CIMB