1. Ensure proper governance and oversight function by directing the implementation and execution of risk frameworks, policies and guidelines/ procedures, and methodologies to ensure alignment with regulatory requirements and strategy of the business. The following documents should be established, reviewed/updated, and approved by the BOD on an annual basis:

• Market Risk Management (MRM) 

1. Trading Book Policy Statement (TBPS) &Trading Book Limits Policy (TBLP)
2. Non-Trading Book Policy Statement (NTPS)

• Enterprise Risk/ Assurance

1. Stress Testing Policy
2. New Products Policy
3. New Products Procedures
4. Reputation and Reputational Risk Management Policy

• Credit Risk Management (CRM) - Preparation and implementation of the following documents, policies, and procedure

1. Credit Risk Policy

• Non-Financial Risk Management (NFRM)
• Operational Risk Management -preparation and implementation of the following documents/policies and procedures

1. Operational Risk Policy
2. Risk & Control Self-Assessment (RCSA) Procedure
3. Key Risk Indicator (KRI) Procedure
4. Incident Management & Data Collection (IMDC) Procedure

• OTHER NON-FINANCIAL RISK

1. Anti-Fraud Policy
2. Outsourcing Policy
3. Outsourcing Procedure
4. Information Risk Management Guidelines

• Business Continuity Management (BCM)

1. Business Continuity Management Policy
2. Business Continuity Management Procedures

• Establish an appropriate business strategy and risk appetite including key risk indicators to cover all risks (market, credit, and non - financial risks) which is set up with and approved by the BOD. The following documents shall be reviewed and updated on an annual basis

1. Risk Management Framework
2. Risk Appetite Statement

• Establish risk management practices and processes (Identification, Measurement, Controls & Mitigation, and Monitoring & Reporting) by operationalizing the approved policies.

1. Enterprise Risk - Stress Testing on
2. Margin book
3. Loan book
4. liquidity funding on trading payables and underwriting deals

• Market Risk -

1. Daily Value - At-Risk Monitoring for Proprietary /Error Accounts and House/Facilitation Accounts

• Credit Risk

1. Build-up and implementation of Credit Scorecards
2. Assignment and review Order and Counterparty Trade Limits
3. Review and update of credit standard operating procedures
4. Review and alignment of credit processes
5. Implement limits monitoring and control of all counterparties* & institutional clients
6. Implement enhanced underwriting deal assessment process

• Non-Financial Risk

1. Implementation of Business Continuity Management (BCM) program and Business Continuity Plan (BCP).
2. Roll out ORM Framework and Processes
3. Formalize BCM/BCP policy in line with Group Standards.
4. Roll out ORM reporting and tools across the company
5. Implement Anti-Fraud Awareness Program

• Promote strong risk culture thru the conduct of RM training and policy cascade to new and existing employees.
• Other tasks that may be assigned from time to time that will support organizational goals and objectives.

• Bachelor's Degree or Professional Qualification, Postgraduate is an added advantage.
• Must have at least 10 years of working experience in Risk Management of Financial Institution Banking and Brokerage and Lending Institution.
• Strong Critical and Strategic Thinking, Analytical Skills and Project Management Skills.