Overview
This position will assist the Chief Risk Officer in leading and manage the Company’s ERM program. This entails compliance with the ERM policy which includes an annual risk assessment reporting to management risk committee and the board of directors, reporting on alignment with risk appetite, monitoring emerging risks and partnering with business units throughout the credit union to facilitate risk mitigation plans. Responsibilities
Lead annual risk assessments with key business units to assess, quantify, aggregate and capture mitigation strategies for exposures resulting in a risk profile for the credit union by NCUA risk category (reputation, strategic, credit, transaction, interest rate, liquidity, compliance). Evaluate risk profile to ensure alignment with Board established risk appetite and strategy Update risk appetite statements and metrics to align to business objectives and strategy Maintain an ERM Policy consistent with regulatory expectations and communicate throughout the organization Monitor risk environment including design, collection and analysis of key risk indicator as well as emerging risks to determine appropriate action plans, if necessary Participate in risk committees and provide credible challenge to information or decisions at hand. Serve as subject matter expert to consult with management and provide risk advice, best practices for new systems, programs, products or services. Manage the risk acceptance process and serve as a resource to the business as needed Work closely with business units to oversee execution of model risk management policy. Instil strong risk culture in all associates within the company Serve as subject matter expert for vendor risk management and ensure compliance with regulatory and Group’s requirements Lead BCP program initiatives from reviewing BIA and BRAP documents to executing annual simulation exercise Participate or lead special projects as needed Qualifications
Bachelor Degree in Mathematics / Statistics / Data Science / Risk Management or any related field Minimum of 2-5 years financial risk management
experience or related field Risk management related certification is a plus Strong project management and communication skills, advanced technical writing skills Strong analytical and data analysis, Familiar with data analysis tools (SAS) Seniority level
Mid-Senior level Employment type
Full-time Job function
Research
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Enterprise Risk Officer • Petaling Jaya, Malaysia