Job Description

Objective:

• Support CRICO in managing investment, fund, and retail-related risks through effective risk management strategies, processes, and tools.

Responsibilities:Operations:

• Review, recommend, and enhance IAM\'s risk management policies, frameworks, methodologies, and systems.

• Ensure efficient identification, prevention, detection, and mitigation of risks.

• Oversee the IAM risk management framework and maintain an effective governance structure.

• Coordinate risk management efforts across IAM and Group.

• Provide ongoing education, briefings, and training to management.

• Review and enhance risk training programs for Risk Champions and operational teams.

• Develop and update the Group\'s risk appetite and measurement strategies.

• Embed risk management into business processes and transactions, ensuring they align with the approved risk appetite.

External Responsibilities:Best Practices and Industry Trends:

• Stay informed about current risk management best practices and emerging risks.

• Advise CRICO and management on industry trends and changes.

• Continuously improve IAM and Risk Management Framework as needed.

Risk Management Activities:Risk Identification:

• Design and enhance processes for timely risk identification within IAM and the Group.

• Continuously analyze potential risks to assets, earnings, and success.

• Provide quality assessments of inherent and residual risks, impact, and likelihood.

• Lead risk workshops and programs.

• Serve as the key point of contact and subject matter expert for IAM risk activities.

• Work with management to integrate risk mitigation into operational processes.

Risk Updates:

• Ensure quarterly updates and sign-offs on risk registers by respective champions.

• Conduct annual reviews of enterprise risks and treatment plans.

• Review risk assessments for major proposals and initiatives.

• Provide independent feedback on key risk matters to CRICO, Senior Management, and the Board.

• Escalate significant risk issues to CRICO and GMD when necessary.

• Develop and report Key Risk Indicators (KRIs) to Senior Management.

• Participate in relevant meetings, such as Project, Operational, Strategy, and CAPEX meetings.

Risk Monitoring:

• Manage the risk monitoring process for IAM and Strategy teams.

• Review and validate key risk impacts, mitigation strategies, and ratings.

• Lead risk reviews or validations as needed.

• Prepare and review GRM validation reports for CRICO approval.

Risk Reporting:

• Finalize and review Group Risk reports for submission to various committees and the Board.

• Ensure timely risk reporting by operational and functional teams.

Business Continuity Management (BCM):

• Coordinate and enhance Business Continuity Planning (BCP) for IAM.

• Ensure ongoing effectiveness of BCP in collaboration with Senior Management.

Risk Administration/Operations:

• Lead and manage the IAM Risk team, ensuring delivery of mandates and KPIs.

• Develop and implement the annual risk plan and budget.

• Provide regular updates to CRICO on risk management activities.

• Manage team assignments, performance evaluations, training, and certification.

• Support Group Compliance Office in executing Risk and Compliance Annual Plans and Programs.

Other Functions:

• Assist in developing and maintaining ERM communication tools and methodologies.

• Provide advisory services to improve departmental risk management capabilities.

• Help develop and implement risk management tools and systems.

• Establish clear working relationships with operational teams to avoid overlap in managing risks and controls.

• Perform other duties as assigned.

RequirementsImpact and Accountability

• Deliver the Group\xe2\x80\x99s Risk Strategy and Annual Plans.

• Achievement of GRM\xe2\x80\x99s set targets and deliverables.

• Works meets or exceed Risk standards & methodologies and expectation.

• Aid Enterprise and Operational Risk team and if required, GCO to achieve overall Risk and Compliance targets and deliverables.

• Committed to continuous improvement methodology and maintaining good client relationship.

• Maintain high ethical conduct, independence, and confidentiality in performance of duties as Risk Officer.

Education/Professional Qualifications\xc2\xb7 Possess at least a Professional Degree/Certificate, Bachelor\'s Degree, Post Graduate Degree

• Investment, Fund Management and Risk Governance related education will be an added advantage.

• At least 5 years in Investment and Fund Management experience.

• At least 3 years in current position (VPII or VP1).

• Real estate and risk related experience will be an added advantage.

• At least 8 years of overall work experience.

• Driven, analytical, good attention to detail and ability to work well independently and in a team environment.

Skill Sets:

• Good business sense/acumen.

• Have strong financial knowledge.

• Good communication skills (oral and written)

• Strategy thinker (ability to do strategic risk assessment) and have good analytical skill.

• Adaptability (new concerns and changing environment) and able to think on his/her feet (problem solving)

• Leadership and people management skills (able to manage various level of stakeholders)

• Ability to work independently, manage multiple priorities, and thrive in a dynamic and fast-paced environment.

Agensi Pekerjaan Executive Recruiters Sdn Bhd