Manager, Icimb & Ccbo Trade Shared Services My

Malaysia, Malaysia

Job Description


:

  • Responsible to support the management of operational risk and regulatory risk for units under purview in Group Operations MY as stated in the appointment letter.
  • Execute operational risk framework with the support from HOD/RCS as per Group Non- Financial Risk Management (\xe2\x80\x9cGNFRM\xe2\x80\x9d) & Group Compliance (\xe2\x80\x9cGC\xe2\x80\x9d) requirements for to meet desire validation score for Group Operations as a whole.
  • For external regulatory examination: the DCORO is responsible to support the HOD/RCS in addressing all concerns and requirements of regulators with respect to risks within their functional area of responsibility.
  • Perform advisory role to the HOD in term of risk and compliance matter.
Analysis of gaps and Improvement of Control Environment * Review and perform analysis and highlight gaps/concerns or area of improvements for unit under purview.
  • Ability to articulate clearly the gaps/concerns to stakeholders/HOD and proposed attainable and operational efficient operational solutions.
  • Actively participate in risk initiative/plans and strategy to improve the control environment for unit under purview.
Initiate strong operational risk management practices * Ensure that the GC and GNFRM Policies and Procedures, laws/regulations/guidelines (including any updates), are communicated, to all staff within the units under purview.
  • Ensure internal Policies and Procedures and/or Standard Operating Procedures are updated by business unit under purview to address laws/ regulations/ guidelines issued, wherever relevant/ applicable;
  • Review and follow-up on any non-compliance (regulatory and operational) issues escalated within the respective units under purview for appropriate closure;
  • Execute the operational risk framework of the bank as per GNFRM policy and procedure and ensure data is accurately recorded in a timely manner in the SHARP system for reporting and record purpose. of record
  • For control gaps/ regulatory gaps/ compliance controls weaknesses identified, obtain agreement with unit responsible to ensure action plans (Control Issue Management - CIMs) are appropriate, prioritized, sustainable and that action plans are closed by the committed due date.
  • Work with business unit under purview and RCU, carry out the implementation of the RCSA and ensure that the CET is updated and complete with the relevant processes / requirements / laws/ regulations/ guidelines and tested accordingly.
  • With the support from RCU, provide on-going compliance and operational risk awareness training as required.
  • Provide guidance as needed to support the business in meeting their risk objectives
  • Complete and support any ad-hoc tasks assigned by supervisor.
Initiate strong compliance management practices * Ensure that the GC and GNFRM Policies and Procedures, laws/regulations/guidelines (including any updates), are communicated, to all staff within the units under purview.
  • Ensure internal Policies and Procedures and/or Standard Operating Procedures are updated by business unit under purview to address laws/ regulations/ guidelines issued, wherever relevant/ applicable;
  • Review and follow-up on any non-compliance (regulatory and operational) issues escalated within the respective units under purview for appropriate closure;
  • Discuss with and obtain approval from the HOD and RCU before escalating and reporting the regulatory non-compliance issues;
  • Support RCU to effectively implement and execute all the policies and procedures owned by Group Compliance within the division/department/branch to achieve sound compliance risk management practices and reporting
  • Support RCU in performing gap analysis for the new and/or updated legal and regulatory requirements and take appropriate action to closed the identified gaps.
  • Support RCU to effectively identify, manage and monitor compliance risk within the div./dept. using compliance risk tools
  • Conduct compliance controls self-testing in accordance to the methodology documented in Group Compliance Policy and Procedures, Group AMLCFT and TFS Policy, Group Sanctions Policy and Procedures, Group Watchlist Policy and Procedures.
  • For control gaps/regulatory gaps/compliance controls weaknesses identified, obtain agreement with unit responsible to ensure action plans (Control Issue Management - CIMs) are appropriate, prioritized, sustainable and that action plans are closed by the committed due date.
  • Support RCU and unit under purview in internal/external audits or GC reviews.
  • Obtain the Compliance Declaration Form from new employees (as and when they join) within the units under purview and retain the same for review by Group Compliance/GIAD/ regulators as and when they deem fit;
  • Complete and support any ad-hoc tasks assigned by supervisor.
  • To act as the liaison in relation to all compliance related matters within the Division/ Department;
  • To carry out the implementation of the RCSA programme within the Division/Department, and ensure that the RCSA is updated with the relevant legal and regulatory requirements and tested accordingly;
  • Support the Department/Unit in establishing the process flow i.e. SOP/QP and updating the document when there is changes.
  • Perform risk assessment and guidance to the Department during the onboarding of new processes.
  • Perform investigation/review/gather information of incidents occurred at the Department and assist on preparation/write up of Incident reports
Support risk culture initiatives * Support RCO in ad hoc thematic/deep dive reviews on processes and controls for assigned portfolio.
  • Liaise with business support team (as and when required) to determine corrective action plan for gaps identified and work towards closing the gaps.
  • Promote a reverence for strong risk management by applying knowledge and understanding of business products, services and processes
  • Collaborate across various stakeholder groups, determine best methods of communication and establish escalation model
  • Promote guidance as needed to support the business in compliance with operational risk and compliance risk management framework
Employee development * Comply with HR performance processes and meet internal DCORO KPIs
  • Complete the required training assignment and ensure solid understanding of the framework, tools and system

CIMB

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Job Detail

  • Job Id
    JD969384
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Malaysia, Malaysia
  • Education
    Not mentioned