Responsible for management of operational risk and regulatory risk for the Division/Department across the legal entities or across the geography as stated in the appointment letter.For external regulatory examination:the Risk and Control Unit Head is responsible to act as a liaison and address all concerns and requirements of regulators with respect to risks within their functional area of responsibility.Proactively manage the risk in the Division/Department to reduce the likelihood or impact of negative impact eventsResponsible to report risks to the Head of Division/Department 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 second line of defense to achieve an optimal outcome of risk management for the CIMB Group.Proactively validate division/ department policies, procedures, SOPs for completeness and accuracy and sign:off on all SOPsPromote and maintain regulatory complianceBuild 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.Champion the Risk CultureFacilitate strong partnerships across various stakeholder groups, determine best methods of communication and establish escalation modelTo ensure an alignment of tasks between the 3 lines of defense to minimize overlap or gapsarising during execution of role and responsibilitiesCompile and analyse risk data for themes and trends; raise awareness of emerging risks in the industry and recommend mitigation measuresEnsures that every business and support unit within the Division/Department has an RCU team and QA testers and the appointment is properly executed via GHRTrack and maintain an updated list of the RCU team and QA testers (onboarding and offboarding) within the Division/DepartmentFacilitate all relevant training within the Division/Department and cascade relevant risk information or program updates to the RCU team and QA testers and respective business headsProvide guidance as needed to support RCU team and QA testers in their roleEmployee engagementMonitor performance against the relevant RCU team and QA testers KPIs; including soliciting and incorporating performance feedback from Head of Group ORM and Head of Group ComplianceDevelop direct and indirect subordinates to ensuring each has a well thought through and executable action plan to help them achieve their development goals and needsProvide timely feedback to staff and complete appraisal processes in line with CIMB processComply with HR performance processes and meet internal KPIsAttract, develop and retain talentRequirement:Educational qualification:Bachelor Degree holder or equivalentProfessional qualifications:Professional or post graduate qualifications e.g. Chartered Accountant, CFA, MBA, LLBRelevant work experience:Minimum 10 years work experience with relevant experience of a risk/audit/compliance/legal related role within the relevant business/function preferredExcellent communication skills both, verbal and written.An understanding of risk drivers and ability to articulate risk to non:risk personnel.In depth knowledge of risk related to (business/function)Able to work autonomouslyDemonstrated managerial, leadership and facilitation skillsUnders
