Job Summary
What is the opportunity?
Our client is a specialist provider of asset services, custody, payments and treasury services.
Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization.
They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.
Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability.
The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their 'centres of excellence' and to implement/leverage standardised processes globally.
What will you do?
Support implementation of Enterprise Operational Risk Management Framework requirements.
Conduct Risk Control Self Assessments (RCSA) reviews, working closely with key stakeholders and relevant subject matter experts, to identify and evaluate risks & key controls, develop action plans.
Conduct targeted operational control reviews &/or periodic control testing reviews.
Advise the management and staff on operational and general risk management matters, applying a risk-based approach that balances business considerations and appropriate risk mitigation.
Prepare monthly & quarterly risk reports to senior management by providing input and highlighting areas requiring management attention.
Collate, analyze, validate, investigate and report on Key Risk Indicators (KRIs).
Review and analyze Operational Risk Events and other operational errors to identify root causes and corrective measures.
Conduct follow-up of prior audit issues and assess resolution status and effectiveness of action plans.
Analyze and review emerging risk issues.
Prepare Front Office risk scorecard reporting to management.
What do you need to succeed?
Must-have: University degree in Accountancy, Business Administration, Finance or other relevant professional qualifications.
At least 2 - 5 years' relevant experience in private banking / wealth management platform.
Strong understanding of operational risk practices and regulatory requirements and expectations in WM business with a control mindset.
Experience from working in a variety of businesses within WM and strong knowledge of WM products will be an advantage.
Strong presentation and communication (verbal and written skills).
Maturity level and skill / judgment to be able to deal effectively with senior managers.
Good impact and influencing skills.
Strong problem solving, analytical (including qualitative analysis), research and quantitative skills.
Strong system knowledge.
What's in it for you?
Our Client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper.
Our Client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.
A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensation.
Leaders who support your development through coaching and managing opportunities.
A world-class training program in financial services.
A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded.
Job Skills:Business Process Design, Decision Making, Financial Risk Management (FRM), Operational Risks, Risk Control, Risk Management, Teamwork.
Additional Job Details:
Address: PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA
City: Putrajaya
Country: Malaysia
Work hours/week: 40
Employment Type: Full time
Platform: WEALTH MANAGEMENT
Job Type: Regular
Pay Type: Salaried
Posted Date: 2025-01-09
Application Deadline: 2025-01-28
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.
Inclusion and Equal Opportunity Employment:
At RBC, we embrace diversity and inclusion for innovation and growth.
We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.
We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities.
Please let us know if you need any accommodations during the recruitment process.
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