Job Description
Job Description:
- Monitoring and Reporting:
- Manage the GRC issue reporting process to ensure that all outstanding (medium and high) issues are tracked until completion:
- Liaise with all RCOs on the submission of new and update of GRC issues.
- Review and assess the content of the GRC issue description for clarity, addressable corrective actions and timeline.
- Track and update the status of the corrective actions plan for all GRC issues.
- track the pre-validation of corrective action plan for all GRC issues by RCOs and Validation Parties.
- Manage the GRC issue reporting process to ensure that all outstanding (medium and high) issues are tracked until completion:
- Collate, review and report the GRC dashboard on the following matters:
- Overdue e-Learning
- Overdue Documents (Framework, Policy and Standard Operating Procedure)
- Overdue AICB Membership Registration and Overdue AICB CPD
- Overdue projects
- Branch Managers Hiring Status
- Oversight and Control
- Plan and assess the areas for review of the ORM tools on regular basis.
- Review and assess the implementation of the ORM tools by the RCOs in respect of timelines of reporting and adequacy of areas reviewed.
- Engage and liaise with the RCOs on the observations of the ORM reviews.
- Review the quarterly Control Self-Assessment findings by the RCOs for reporting in the GRC report.
- Consultative and Advisory Role
- Provide consultative advice to RCOs on GRC reporting procedures and ORM matters for uniform implementation across the Group. Function as the contact point to the RCOs for all the issues/queries pertaining to GRC report and ORM matters.
- Policies and Procedures
- Establish and review policies and procedures relating to the monitoring, control and oversight of RCOs and operational risk.
- Risk Awareness and Training
- Provide risk awareness and training on GRC reporting procedures and ORM matters to raise awareness and understanding amongst the RCOs.
- Risk Management Projects and Initiatives
- Assist Head, Group Operational Risk and GCRO to plan and implement various strategic and risk management initiatives/ projects to strengthen the Group’s risk management capabilities.
- Provide cross-functional support to colleagues within Group Risk Management, as required to ensure the success of the Group’s risk management initiatives.
Job Requirement
- Tertiary Graduate or Qualified Professional with at least 1-3 years’ experience in banking and financial industry, with exposure to risk management/ internal audit/ banking business and operations.
- Good knowledge of risk associated with banking business and operations
In-depth knowledge of relevant regulations governing banking operations - Experience in best practices and minimum standards operational risk management
- Excellent communication skills in both written and oral
- Good interpersonal skills, able to handle different stakeholders across different level
- Strong analytical and problem solving skills