Lead, Operational Risk and Business Continuity ManagementCompliance & Risk (Banking & Financial Services)
Full time
Responsible to assist Head, Operational & Technology Risk in reviewing, enhancing and implementing Operational Risk Management (ORM) and Business Continuity Management (BCM) related frameworks, policies, methodologies and tools across the company and ensure compliance to the regulators' requirements as well as best practices as per international standards (i.e. BNM and Securities Commission's guidelines on ORM and BCM, BCM ISO 22301 standard, BNM's Operational Risk Guideline, Basel Committee Standard and industry best practices).
Other responsibilities are as follows:
Support Head - Operational and Technology Risk in ensuring ORM processes are in accordance with the Company's enterprise-wide ORM Policy and Enterprise Risk Management Policy.
Develop, implement and/or maintain relevant ORM documents and tools such as Risk Control Self - Assessment (RCSA), Loss Event Reporting (LER) and Key Risk Indicators (KRI) based on the ORM standards and best practices.
Consolidate and analyze the RCSA, KRIs and LER submitted by line departments for risk management reporting to the Management and Board Risk Committee.
Assist to conduct research and recommend improvements to the operational risk management policies, methodologies and control procedures to measure and control operational risks.
Collaborate with line departments in conducting ORM reporting as well as provide risk advisory to the line departments.
Develop and implement ORM related training and awareness programs.
Business Continuity Management:
Develop, implement and/or maintain relevant BCM documents and tools such as Risk Assessment (RA), Business Continuity Plan (BCP), Disaster Recovery Plan (DRP) and Crisis Management Plan (CMP) based on the ISO 22301 BCM standards and best practices.
Facilitate and validate line departments' RA and BIA and analyze the consolidated BIAs to formulate the Company's business recovery strategies.
Review IT DRP to ensure alignment with enterprise BCM recovery strategy.
Develop and implement BCM related training and awareness programs.
Plan and facilitate business continuity and/or disaster recovery tests and exercises.
Secretariat to the Crisis Management Committee (CMC) in providing independent risk assessment as well as coordinating, scheduling and documenting the deliberations and decisions during the meetings.
Requirements:
Recognised Degree in Business / Operations Management, Finance, Accounting or related field.
Professional BCM certification such as Associate Business Continuity Professional (ABCP) is an advantage.
Must have at least 5 years of Operational Risk and / or Business Continuity Management experience in Financial Industry environment.
Knowledgeable in the latest Operational Risk Management, Business Continuity Management and Reputational Risk Management standards and best practices i.e. ISO22301 BCM standards.
Good at data gathering, analyzing and problem-solving abilities.
Strong interpersonal communication skills and strong customer service orientation.
Team player / works well with others / collaborator.
Excellent written and verbal communication skills with the ability to clearly communicate ideas and results.#J-18808-Ljbffr