AVP, Risk Control Unit

Add expected salary to your profile for insights

To ensure that the appropriate Controls & effective risk management are in place across the Group Consumer Banking. The unit is accountable for ensuring robust and compliant processes and controls across each of the sub functions of Consumer Banking and ensure effective execution of processes with the stated controls. Identify avenues of risk to support forward-planning strategies.

Key Responsibilities

• Assist Risk Control Specialist (RCS) in proactively managing the risk in the Division / Department to reduce the likelihood or impact of negative impact events.
• Responsible to report risks to the Head of Division / Department of the pillars assigned to him / her in a timely manner so that Heads of Division / Department have a clear view of the overall control effectiveness of their unit.
• Execute the operational risk framework of the bank in a robust and disciplined manner so as to achieve sound risk management practices and reporting.
• Proactively partner and engage with the first & second line of defense to achieve an optimal outcome of risk management for the CIMB Group.
• Proactively validate division / dept policies, procedures, SOPs for completeness and accuracy & sign-off on all SOPs.
• Build and execute the compliance risk framework within the Division / Department in a robust and discipline manner so as to achieve sound compliance risk management practices and reporting.
• Support and lead the Division / Department in relation to proactive identification and management of compliance risk.
• Proactively identify areas with ineffective controls and work with the relevant stakeholders to enhance overall control environment to mitigate compliance risks.
• Establish a reverence for strong risk management by applying knowledge and understanding of business products, services and processes.
• Facilitate strong partnerships across various stakeholder groups, determine best methods of communication and establish escalation model.
• Ensure an alignment of tasks between the 3 lines of defense to minimize overlap or gaps arising during execution of role and responsibilities.
• Compile and analyse risk data for themes and trends; raise awareness of emerging risks in the industry and recommend mitigation measures.
• Provide guidance as needed to support RCU team and QA testers in their role.

Key Dimension of Impact

Operational Risk & Compliance of Group Consumer Banking

Unlock job insights

Salary match Number of applicants Skills match

Application Questions

About CIMB Group

CIMB Group is one of ASEAN’s leading universal banking groups and is Malaysia’s second largest financial services provider, by assets. It offers consumer banking, commercial banking, investment banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present in all 10 ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar, Laos and Philippines). Beyond ASEAN, the Group has market presence in China, Hong Kong, India, Sri Lanka, Korea, the US and UK.

CIMB Group operates its business through three main brand entities, CIMB Bank, CIMB Investment Bank and CIMB Islamic. CIMB Group is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

For more information, please visit

#J-18808-Ljbffr