Head, Model Risk Management
Salary Market Aligned
Location Kuala Lumpur
FULL_TIMEConsultant Crystal Gan
Job Ref 1808680/001
Date posted 26 May 2022
kuala-lumpur banking-financial-services/risk-credit-mkt-operational 2022-05-26 2022-07-25 banking Kuala Lumpur MY Robert Walters https://www.robertwalters.com.my https://www.robertwalters.com.my/content/dam/robert-walters/global/images/logos/web-logos/square-logo.png
A reputable entity is seeking a highly qualified Head, Model Risk Management. In this job, you must be a driven professional who is looking to make lasting impact to the organisation.
About the Head, Model Risk Management Role:
In this business critical role, you will implement model risk management (MRM) practices and create enhancements on organisational culture and various stakeholders on expectations of risk management.
Key Responsibilities:
- Develop a model inventory protocol, model inventory design and maintenance
- Execute sound practices with respect to model validation and document appropriately for review and approval
- Lead discussion and knowledge sharing on fraud risk matters/events within the group to continuously enhance fraud risk management capabilities
- Develop a fraud risk management protocol, fraud database design and maintenance
- Lead the use of analytical and visualisation software to access, transform, integrate, analyse and visualise data to help solve real problems and provide real business insights through identification of anomalies and unusual patterns and trends in data
To succeed in the Head, Model Risk Management role, you will need to ensure the board of directors and senior management committee have adequate oversight of the model risk management profile to ensure proper measures are put in place to manage risk to the organisation, its employees, customers, reputation, assets and interests of stakeholders (shareholders, regulators).
Key Requirements:
- 8 - 10 years of work experience in a related discipline/field in insurance/Takaful industry and any financial institutions, specifically in enterprise or operational risk management looking at data and models
- Strong analytical skills and sound knowledge of the insurance industry’s operational risk profile, model risk profile, insurance risk profile and other regulatory/best practice risk frameworks
- Significant analytical and critical thinking skills
- Experienced people management skills
If you are driven, determined and want to take the next step in your career, this is the role for you.
Great career progression awaits the right person in this exciting Head, Model Risk Management job.
Apply today or contact me to discuss this new opportunity.
Do note that we will only be in touch if your application is shortlisted.
Agensi Pekerjaan Robert Walters Sdn Bhd
(formerly known as Robert Walters Sdn Bhd)
Business Registration Number : 729828-T
Licence Number : JTKSM 423C
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