Director, GF FBS IARA - Monitoring & Control MY at CIMB Group Malaysia

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

16 Sep, 26

Salary

0.0

Posted On

18 Jun, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

GL Reconciliation, Financial Monitoring, Dashboard Preparation, Stakeholder Management, Audit Coordination, Regulatory Compliance, Financial Analytics, Write-Off Management, Governance, Leadership, Process Improvement, Risk Control

Industry

Banking

Description

#LI-DA1 1. Monitoring & Review & Validation * Monitor all outstanding items performed via reconciliation performed by L1 & L2 to ensure timely escalation and resolution support. * Consolidate and verify inputs on open items and progress before reporting. * Perform monthly reviews of unreconciled GL balances and validate reconciliation submissions from L1 & L2 teams for escalation and resolution to HODs and MYMC. * Review reconciliation reports and assess the quality and effectiveness of issue resolution. 2. Dashboard Preparation & submission to Cosec * Prepare monthly MYMC dashboard with OA/OL balance analysis and key insights * Analyse and consolidate unnatural balances, including clear commentary on red items * Validate L1 & L2 data and ensure accurate, timely dashboard delivery within SLA * Monitor and guide L1 & L2 team on reconciliation standards and open item resolution (“Drive to ZERO”) * Drive process improvements to enhance dashboard efficiency and consistency 3. Analytics & Continuous Improvement * Conduct analytical reviews and develop validation checks for reconciliation processes. * Provide insights to improve reconciliation operations and ensure accuracy. * Support development of strong reconciliation processes and control frameworks. 4. Stakeholder Management & Collaboration * Participate in discussions with BU/BEs to ensure the completeness of ownerships (account owner, L1 reconciliation owner, transaction owner & executor) * Review reconciliation-related accounting entries under MPAP, FSD, PST and other bankwide frameworks, ensuring accuracy, compliance, and alignment with approved accounting policies. * Work in partnership with COA team to ensure all DFF fields and security rules been preset during COA creation stage, consistent with approved documentations and governance requirements 5. Miscellenous Write Off and Write Back Exercise * Review Write Off / Back proposaIs submitted by BU/BE, ensuring completeness, accuracy and compliance with all regulatory and policy requirements. * Prepare summary templates, memo and board paper with high accuracy and clarity, providing management with reliable information for decision making. * Coordinate the approval process, ensuring all proposals are endorsed in accordance with GDA Policy and tracked through to final authorization. * Inform relevant BU/BE on Misc Write Off Exercise proposal status, actively follow up till complete resolution. 6. Governance & Documentation * Ensure adherence to policies, procedures (P&P), and control standards. * Support audit engagements (internal, external, regulatory), including issue tracking and remediation. * Maintain high-quality documentation including SOPs, dashboards requirements from time to time. * Ensure the dashboard readiness as per P&P. * Coordinate the Misc WOE process across bankwide as per P&P. 7. Leadership & Team Support * Provide day-to-day guidance, coaching, and oversight to junior team members. * Drive a culture of accountability, quality, and continuous improvement within the team. 8. Others * Handle other ad-hoc tasks/projects as assigned.

Responsibilities

The role is responsible for monitoring and validating the bank's GL closing balances and preparing monthly management dashboards for leadership. It also involves managing miscellaneous write-off proposals and ensuring adherence to governance and audit standards.