Job Description

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Manager RCS - Quality Assurance, Group Finance Risk Control Unit MY

Purpose of Role * An independent staff assigned by business / function (not involved in the execution of the control) to perform the Controls Effectiveness Testing (CET) and Key Risk Indicator Monitoring (KRI) in SHARP .

• Tester is to ensure execution of the testing as per testing procedures and requirements.
• Assist in identifying and highlighting area of improvements and gaps when executing testing of samples.
• Support RCU on ad hoc, thematic and deep dive reviews as part of Risk and Control CoE's initiatives to strengthen the relevant business/function's control environment.

Scope of the Role * Independent testing and execution of CET and KRI testing for portfolio assigned to the tester.

• Execution of the testing as per testing procedures and requirements for assigned portfolio.
• Execute testing as per Group Non- Financial Risk Management (GNFRM) & Group Compliance (GC) requirement for CET and KRI testing to meet desire validation score.
• Work closely with RCU to support ad hoc thematic/deep dive reviews on processes and controls for assigned portfolio.

Key Responsibility

A. Product Diversification * Tester to gradually learn and take on new products and assignments as part of our effort to build a team of skilled testers with knowledge on various products.

• To review, identify and analyse trends on results and gaps noted for portfolio assigned as and when required and recommend relevant controls for improvement to RCU for further assessment.
• Understand the process of each product assigned and come out with propose process improvement to RCU.

B. Initiate strong operational risk and compliance management practices * Understand the requirements of CET and KRI testing as per testing procedures.

• Execute testing as per requirements and highlight gaps (findings) and area of concerns or improvements to RCU for further investigations.
• Ability to communicate and articulate issues/ gaps noted from the CET and KRI testing performed with RCU.
• Complete testing requirement as per testing schedule to ensure compliance with stipulated deadline.
• Adherence to policy and procedures in performing CET and KRI testing as set by GNFRM and GC.
• Perform additional sampling as and when required or instructed to further assess on the CET and KRI testing results depending on frequency of testing required (Monthly /Quarterly / Yearly).
• Ensure all evidence of sampling are available as and when required by independent reviewer.
• Ability to defend by providing evidences and support results of testing completed/submitted as and when required.
• Work with RCU to improve the testing procedures to enhance the control environment for the unit assigned.
• Perform samples checking of Regulatory Risk for Branches & BDC (RCSA CETs)
• Perform Operational Checking using the Operations Checklist requirement.

C. Support risk culture initiatives * Assist in ad hoc thematic/deep dive reviews on processes and controls for assigned portfolio by performing sample review.

• Inquisitive when performing testing and reviews to ensure sufficient coverage of processes and controls.
• Seek clarity and advise on risk and control related areas as and when required when performing testing

D. Employee Engagement and Development * Comply with HR performance processes and meet internal Risk Controls Tester KPIs

• Complete the required training assignment and ensure solid understanding of the framework, tools and system.
• To involve in training for growth oriented; skills knowledge in risk & controls development

Job Specification

Educational qualification: Bachelor Degree holder or equivalent

Professional qualifications: Not applicable

Relevant work experience: Minimum 5 years work experience with relevant experience of a risk/audit/compliance/legal related role and/or within the relevant business/function preferred

Core competencies :

Technical/Functional Skills

a.Knowledge and understanding of banking operations including products and services and regulatory requirements.

b.Experience in audit / risk management / compliance and / or banking operations preferred.

c.Good knowledge in MS Office.

Personal Skills

a.Good communication skill in English both verbal and written.

b.Basic knowledge on risk and control related matters.

c.Able to adapt well to changing demands and multi-task effectively.

d.Able to work independently

CIMB