Manager, Model Risk Management MY at CIMB Group Malaysia

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

15 Apr, 26

Salary

0.0

Posted On

15 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Model Risk Management, Policy Development, Regulatory Compliance, Organizational Skills, Project Management, Analytical Skills, Problem-Solving, Microsoft Office, Model Validation, Financial Risk Frameworks, Communication Skills, Report Preparation, Governance Documentation, Stakeholder Collaboration, Meeting Coordination, Action Item Tracking

Industry

Banking

Description

#LI-DA1 Key Responsibilities: Model Risk Governance & Secretariat Duties Act as the Secretariat for the Model Risk Management Working Group (MRMWG), including preparing meeting materials, drafting minutes, and tracking action items. Prepare well-structured reports, meeting summaries, and governance documents with clarity and precision. Coordinate across departments to ensure model risk matters are escalated and addressed effectively. Maintain an organized repository of model inventory, validation reports, and governance documents. Policy Development & Compliance Assist in drafting, reviewing, and updating Model Risk Management Policies and other related policies, ensuring they are clear, concise, and aligned with regulatory requirements. Collaborate with stakeholders to ensure policies are well-documented and effectively implemented across the organization. Support regulatory and internal audit reviews related to model risk management. Model Risk Monitoring & Reporting Support the assessment and monitoring of model risks, including validation tracking and issue resolution. Assist in preparing comprehensive model risk reports, presentations, and dashboards for senior management and regulatory reporting. Ensure adherence to model risk governance frameworks, including model inventory management. Required Qualifications & Skills: Bachelor’s degree in Finance, Economics, Risk Management, Statistics, Mathematics, or a related field. Strong English proficiency (both written and verbal), with excellent writing skills for policy drafting, minutes writing, report preparation, and governance documentation. Experience in policy writing, governance, or regulatory compliance is an advantage. Strong organizational and project management skills with attention to detail. Proficiency in Microsoft Office (Word, Excel, PowerPoint) and ability to prepare structured reports and presentation slides. Basic understanding of model risk management principles and financial risk frameworks. Ability to work independently and manage multiple tasks in a dynamic environment. Analytical mindset with problem-solving skills. Preferred (but not mandatory) Qualifications: Experience in a risk management or compliance function. Familiarity with regulatory guidelines related to model risk (e.g., Basel, IFRS 9) Exposure to model validation, quantitative risk assessment, or programming languages (Python, R, SAS) is a plus.

Responsibilities

The Manager, Model Risk Management will oversee model risk governance, including acting as the Secretariat for the Model Risk Management Working Group and preparing necessary documentation. Additionally, the role involves policy development, compliance, and monitoring model risks to ensure effective reporting and adherence to governance frameworks.