Job Summary

Job Description

What is the opportunity?

Our client is a specialist provider of asset services, custody, payments and treasury services. Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.

Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability. The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their ‘centres of excellence’ and to implement/leverage standardised processes globally.

What will you do?

Support implementation of Enterprise Operational Risk Management Framework requirements.Conduct Risk Control Self Assessments (RCSA) reviews, working closely with key stakeholders and relevant subject matter experts, to identify and evaluate risks & key controls, develop action plans.Conduct targeted operational control reviews &/or periodic control testing reviews.Advise the management and staff on operational and general risk management matters, applying a risk-based approach that balances business  considerations and appropriate risk mitigation.Prepare monthly & quarterly risk reports to senior management by providing input and highlighting areas requiring management attention.Collate, analyze, validate, investigate and report on Key Risk Indicators (KRIs).Review and analyze Operational Risk Events and other operational errors to identify root causes and corrective measures.Conduct follow-up of prior audit issues and assess resolution status and effectiveness of action plans.Analyze and review emerging risk issues.Prepare Front Office risk scorecard reporting to management.

What do you need to succeed?

Must-have

University degree in Accountancy, Business Administration, Finance or other relevant professional qualificationsAt least 2 - 5 years’ relevant experience in private banking / wealth management platformStrong understanding of operational risk practices and regulatory requirements and expectations in WM business with a control mindsetExperience from working in a variety of businesses within WM and strong knowledge of WM products will be an advantageStrong presentation and communication (verbal and written skills)Maturity level and skill / judgment to be able to deal effectively with senior managersGood impact and influencing skillsStrong problem solving, analytical (including qualitative analysis), research and quantitative skillsStrong system knowledge

What’s in it for you?

Our Client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. Our Client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensationLeaders who support your development through coaching and managing opportunitiesA world-class training program in financial servicesA collaborative dynamic culture where personal initiative and hard work are recognized and rewarded

Job Skills

Business Process Design, Decision Making, Financial Risk Management (FRM), Operational Risks, Risk Control, Risk Management, Teamwork

Additional Job Details

Address:

PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA

City:

Putrajaya

Country:

Malaysia

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-01-09

Application Deadline:

2025-01-28

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
​​​​​​​
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.