Job Description

Description Primary Objective: Oversee the coordination and the review of products & strategic business proposals and review the overall response to Group Risk Management feedback to facilitate the sign off by Group CRO or his designate Lead and guide the team in conducting Material Risk Assessment (MRA) process to identify material risks for RHB Banking Group Lead and guide the team in coordinating the Risk Appetite Setting (RAS) process and completing the ICAAP report Establish guidelines for the review of product and strategic business proposals, MRA, RAS and ICAAP related methodologies and processes Manage the secretarial function for Product Review Committee Key Responsibilities: Product and Strategic Business Proposal Review Review and recommend to the Head, Enterprise Risk & Governance on the governance process for product and strategic business proposals Review and decide on the readiness of the strategic and product proposals for final review and submission to the appropriate risk committee Oversee the overall coordination of review of proposals by Group Risk Management within the established turn around time Review and challenge on the reasonableness of the proposals from strategic & business risk and product governance perspective for the relevant authority consideration Assess and recommend on the materiality of change to the risk profile for a product variation in accordance with the approved guidelines and policies Manage the Agenda and communication with regards to the Product Review Committee (PRC) meetings Record the decision and finalised the meeting minutes for proper documentation of PRC proceedings Develop and maintain the relevant governance documents on product development and approval and strategic risk review for the Group Perform periodic check on the repository of product proposals ICAAP Plan and organise the timeline for the various initiatives for the annual ICAAP submission Organise, manage and lead the implementation of the Material Risk Assessment (MRA) and Risk Appetite Setting (RAS) to comply with the relevant requirements on annual ICAAP submissions. Engage and explain the methodologies (for MRA and RAS) to all relevant parties, including business and support units, credit and control functions and also relevant senior management Review and finalise the relevant documentation on ICAAP processes to provide clear guidance to the relevant officers performing the functions Supervise and ensure that the level of adherence to the risk appetite is monitored and included in the monthly risk report for Management and Board information Requirements Requirements: Bachelor Degree - Any related field(s). 5 years experience in financial institutions Working experience in risk management and Basel II IRB standards will be an added advantage Good understanding on overall risk management and ability to link control requirements to business or operating environment Strong understanding and knowledge of regulations relating to risk management Strong analytical skills Benefits Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards

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