What is the opportunity?
CACEIS Malaysia has been a cornerstone of asset servicing since 2008, evolving into a trusted hub of operational excellence within the global CACEIS network. Strategically located in IOI City, Putrajaya, the company employs over 1,200 skilled professionals, providing services to institutional clients across Europe, including custody and cash clearing, fund administration, fund distribution, master data services, market solutions, group invoicing, reconciliations, and private equity and real estate solutions.
The Director – Compliance, Risks & Permanent Controls in Malaysia is accountable for providing independent and objective oversight of operational risks across the businesses in Malaysia. The role ensures implementation of the Operational Risk Framework, fosters sound operational risk management practices, maintains accurate operational risk profiles, and ensures appropriate risk mitigation and resilience measures.
The role also oversees a team of two managing the Corporate Compliance function in CACEIS Malaysia. The team undertakes periodic reviews and monitoring activities in line with regulatory requirements and provides independent assurance, views and reports to the relevant home-jurisdiction compliance practitioners.
What will you do?
Risk & Permanent Control
- Apply, maintain and develop the Operational Risk and Resilience Management Framework in collaboration with the CACEIS central Risk function.
- Provide oversight to CACEIS Malaysia and ensure alignment with the Operational Risk & Resilience Management Framework.
- Lead or participate in Malaysian entity risk governance bodies, including local risk and business committees.
- Review material and sensitive internal operational risk events and associated action plans.
- Produce deep-dive reports for material incidents, monitor action-plan closures and check provisional reversal status.
- Participate in business initiatives and projects to identify future and emerging risks.
- Coordinate completion of operational risk scenarios.
- Ensure compliance with current and emerging risk regulations in serviced locations.
- Review and implement 2.2 control plans for the company.
- Execute 2.2 control testing in PCAT and prepare action plans for unsatisfactory results.
- Monitor and assess country risk and prepare reports for local EXCO and board meetings.
- Manage the allocated cost-centre budget.
Your work will lead you to
- Continue improving the operational risk management framework, considering risks such as fraud, operational continuity, cybercrime, data theft or leakage, data loss and IT-system stability.
- Structure and organize self-assessment methods and risk mapping for operational risk.
Corporate Compliance
- Manage a team of two employees responsible for corporate compliance matters in CACEIS Malaysia.
- Ensure ongoing adequacy of resources, organization and activities relative to business requirements.
- Develop and improve the compliance governance framework, including an effective escalation matrix.
- Drive people initiatives through development plans and employee-performance assessment.
- Manage the allocated cost-centre budget.
Requirements
- Management position.
- Bachelor’s degree in Law or another relevant field.
- 10 to 15 years of mixed experience in second-line defence, overseeing compliance, operational and enterprise risk, including leadership experience.
- Experience working in a dynamic, high-stress environment and across a multifaceted, multidisciplinary corporate structure.
- Strong experience in corporate compliance and risk management within the second line of defence.
- Strong business knowledge within investor-services environments.
- Ability to anticipate and identify risks and effective mitigants.
- Organizational, multitasking and prioritization skills.
- Agility in matrixed and cross-functional organizations.
- Excellent communication, collaboration and stakeholder-relationship skills.
- Curiosity and openness toward new products, technologies, applications, legal, compliance and IT topics.
- Confidence to advance ideas and challenge others.
- Ability to produce concise and effective presentations.
- Leadership qualities.
What’s in it for you?
- Performance-based bonuses, flexible benefits and competitive compensation.
- Leaders who support development through coaching and management opportunities.
- A world-class training program in financial services.
- A collaborative culture where initiative and hard work are recognized and rewarded.
Region: APAC. Working hours: 9:00 AM–6:00 PM. Language: English.
CACEIS is the asset-servicing banking group of Crédit Agricole, dedicated to asset managers and institutional investors. CACEIS is committed to diversity and inclusion, and all job offers are open to persons with disabilities.