Senior Executive, Or Reporting & Policy (product Risk Review)

Kuala Lumpur, Malaysia

Job Description


Job Purpose:

  • Perform risk assessment on Bank\'s initiatives, new and revised products/ program as well on outsourcing arrangements.
  • Provide feedback/ confirmation/ validation on Summary Sheet Sign Off for Product/ Program and Marketing Material to Business Units.
  • Responsible to formulate and review Operational Risk (OR) documents (framework/ policy/ operation manual) in accordance with the regulatory requirements and the Bank\'s direction.
  • Provide Sign Off/ assessment from operational risk perspective on the Bank\'s documents and initiatives.
Principal Accountabilities:
  • Effective operational risk awareness though engagement with respective stakeholders, detailed walkthroughs and process mapping to identify significant risks and controls or conducting of operational risk trainings or related programs.
  • Risk liaison in providing support and effective communication, education as well as advisory to build risk awareness within the organization.
  • To interact and build effective working relationships with peers and all levels of management.
  • To cultivate risk culture and best practices within the organisation by promoting controls and risk mitigations in minimising operational losses to the Bank.
  • Keep abreast of latest operational risk management techniques, regulatory updates and industry best practices.
  • Establish and review of Operational Risk (OR) documents i.e. framework/ policies/ operation manual in accordance with the regulatory requirements and the Bank\'s direction.
  • Prepare a proposal paper on any enhancement/development of OR Documents which to be presented to the relevant management committee, as well as ensure that all OR Documents are circulated and communicated within the timeframe specified.
  • Provide Sign Off/ assessment from operational risk perspective on the Bank\'s documents i.e. Policy, Framework and Operation Manual as well as on the Bank\'s initiatives.
  • Provide feedback/ confirmation/ validation on Materiality Assessment for the Bank\'s documents to Business Units.
  • Responsible to review and provide assessment on draft exposure/ policy document issued by BNM. To develop/ incorporate new document based on the assessment.
  • Provide on-going advisory on OR policies/ procedures matters.
  • Represents Operational Risk Management Department (ORMD) in meeting on Bank\'s initiatives with business units including briefing on governance process for Manual and Product/ Program development.
  • Determination on types of product/ program (New/ Unique/ Complex/ Variation).
  • Determination of materiality for the Bank\'s document development/ review.
  • Assist the Section Head with any assigned tasks from time to time.
Qualifications & Requirements:Education :
Bachelor\'s Degree in Business, Accounting, Finance, Actuarial Science, Risk Management or related discipline.Experience :
3 years with related experience.Knowledge & Skills
  • Well versed of a banking products and risk management tools & techniques.
  • Understanding of operations of products and services in the Bank.
  • Knowledge & experience in implementing OR according to Basel.
  • Good knowledge and understanding on operational risk management, internal control and regulatory requirements.
  • Good communication and interpersonal skills and ability to work well with other stakeholders.
Employer questionsYour application will include the following questions:What\'s your expected monthly basic salary?Company profileAgrobank3.8\xc2\xb7Banking & Financial Services1,001-5,000 employeesAt Agrobank, our mission is to provide a holistic range of financial services and banking facilities with a focus on the agricultural sector.We dedicate our priority to the needs of our customers by providing attractive products and services such as savings activities, banking services, takaful, financing and advisory services.Agrobank is a continuity of the former Bank Pertanian Malaysia which has 40 years of experience in agricultural banking and an excellent track record in shaping and developing successful entrepreneurs. With a wide network of branches throughout Malaysia, we are confident of providing the best services to all.Agrobank is a Government-owned Bank under the Minister of Finance Incorporated (MFI). The bank\'s financing of the agricultural sector is driven by a policy set forth by the Ministry of Agriculture and Agro-Based Industry (MOA). Agrobank today operates through 190 branches throughout Malaysia, and employs over 3,400 employees.At Agrobank, our mission is to provide a holistic range of financial services and banking facilities with a focus on the agricultural sector.We dedicate our priority to the needs of our customers by providing attractive products and services such as savings activities, banking services, takaful, financing and advisory services.Agrobank is a continuity of the former Bank Pertanian Malaysia which has 40 years of experience in agricultural banking and an excellent track record in shaping and developing successful entrepreneurs. With a wide network of branches throughout Malaysia, we are confident of providing the best services to all.Agrobank is a Government-owned Bank under the Minister of Finance Incorporated (MFI). The bank\'s financing of the agricultural sector is driven by a policy set forth by the Ministry of Agriculture and Agro-Based Industry (MOA). Agrobank today operates through 190 branches throughout Malaysia, and employs over 3,400 employees.Perks and benefitsMedicalLoansDentalSports (e.g. Gym)Company informationRegistration No.811810U

Agrobank

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Job Detail

  • Job Id
    JD1049312
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Kuala Lumpur, Malaysia
  • Education
    Not mentioned