Job Description

: Risk Analytics, Intelligence & Surveillance (RAISe) is a unit set up within Malaysia Consumer Financial Services (CFS) reporting into Head, CFS Risk and Prevention (R&P). RAISe team is tasked to put in place a strong risk surveilla : Risk Analytics, Intelligence & Surveillance (RAISe) is a unit set up within Malaysia Consumer Financial Services (CFS) reporting into Head, CFS Risk and Prevention (R&P). RAISe team is tasked to put in place a strong risk surveillance and continuous monitoring framework and procedures to drive effective and timely risk management for CFS. This is to be achieved through leveraging on the use of technology and advance risk data analytics, risk scoring, detection and monitoring methodologies, to pro-actively identify, assess, report and work with various CFS business stakeholders to risk mitigate material risk trends and incidences to meet all regulatory and policy requirements, minimizing CFS risk to within acceptable risk appetite and achieve strong CFS risk and control oversight. Within RAISe there will be sub-teams, each led by a Risk Surveillance Manager reporting to the Lead of RAISe, covering their respective risk surveillance and monitoring scope: Market/Sales Conduct Risk Anti-Money Laundering / Countering the Financing of Terrorism (AML/CFT) & Sanctions Risk Operational, Fraud, Digital and Technology Risk Risk Surveillance Managers are expected to operate in close support and collaboration across teams in risk identification and mitigation activities. The RAISe risk analyst plays an important role in the management, testing and detection of material risk and control lapses in the day-to-day operations of CFS businesses. The incumbent will report into the Risk Surveillance Manager, with opportunities to rotate, lead and take ownership in one of the following areas within their respective team: Continuous self-identified and monitoring risk insight, trending, and findings CFS departmental control procedures and process testing and inspections Continuous audit risk insights and findings The individual is expected to contribute towards the success of RAISe in performing the following tasks as part of their career in RAISe: Drive data analytics capabilities in the team to enhance risk detection including but not limited to Market Conduct, AML and Operational risk Run end-to-end data analytics project to conduct thorough and effective risk surveillance and testing of business process control measures to assess its relevance and robustness. Meticulous tracking of flagged risks, ensuring stakeholders and team thorough follow through on all required actions for closure. Validate quality of reviews conducted by business stakeholders and report on material lapses. Accurate and timely articulation, escalation and reporting of testing and review results to management and business stakeholders on material findings for risk mitigation actions, and good practices for ongoing educational, staff recognition and positive reinforcement. Identify potential new risk insights or trends observed on the ground for active discussion with risk surveillance managers for further trending analysis. The Risk Analyst is expected to have regular active and tactful engagement and follow through working discussions with CFS departments during their review, testing, monitoring, and reporting activities. Qualifications Diploma or Degree holders aspiring to develop a career in risk management and surveillance using data analytics Understanding of the data analysis pipeline, data infrastructure and work well with large datasets. Basic understanding of data analysis tools is a must. Possesses risk management or compliance experience Added advantage for individual with: certification in risk governance &/or risk management related courses and/or certification in data analytics related courses. Understanding of languages such as Python, SQL, Excel VBA, Qlikview or PowerBI Technical Skills: Technical knowledge and general understanding of regulatory requirements for retail banking products and services. Personal Traits: Able to be versatile, proactively participate in team projects and recommend analytics solutions to solve issues where appropriate Passionate in developing a career in risk management and compliance. Independent self-starter Strong analytical abilities and risk assessment acumen. Committed and focused individuals Positive and progressive behavioural traits Good team player Good written and oral communication skills and ability to interact effectively with people at different levels Forward looking and embraces technology and data analytics to drive efficient and effective risk management.