DCORO, GWBCIBC - Governance MY
CIMB Group · Malaysia
- Identify business changes and where appropriate, coordinate and prepare the required analysis to review such changes, and ensure proper mitigating controls.
- Support GWB CIBC in risk identification, escalation & remediation.
- Identify recommendations to improve the quality of internal controls and risk mitigations.
- For operational risk-related matters, formulate, implement or review action plans of BUs to address control gaps/ regulatory gaps/ control weaknesses identified.
- Drive compliance with Group Non-Financial Risk Management (GNFRM) and GWB CIBC’s internal procedures, applicable banking laws/regulations/guidelines.
- Review and implement relevant internal Policies and Procedures and/or Standard Operating Procedures and ensure they are updated to address laws/ regulations/ guidelines issued, where applicable.
- Participate and drive the Risk & Control Self-Assessment (RCSA) program for GWB CIBC.
- Facilitate the review, capturing and tracking of key Compliance and Operational Risk events, gaps and risk mitigating actions as required in the form of Management Self-Identified Issues (MSII), Control Issue Management (CIM) or Lost Event Data (LED) via the GRC system and facilitating the validation process by Risk Control Unit.
- Undertake effective control self-testing measures in the form of Key Risk Indicator (KRI) and Control Effectiveness Testing (CET).
- Drive and participate in operational risk related projects where required.
- Drive compliance with Group Compliance’s (GC) policies and procedures.
- Support the performance of gap analysis via the Regulatory Change Management (RCM) modules in GRC System for the new and/or updated regulatory requirements. Drive appropriate actions to closed the gaps identified.
- Support GWB CIBC during audits & thematic reviews by internal /external stakeholders where applicable.
- Business advisor, key liaison and key escalation point for the front-liners as well Second Line of Defense functions in relation to regulatory/compliance and internal requirements related matters for GWB CIBC inclusive of but not limited to AML/CFT, Sanctions, Foreign Exchange Policy, Connected Party, Anti-Bribery & Corruption related regulations. Provide guidance as needed to support the business in meeting their risk objectives.
- Drive, provide advice, or participate in compliance related projects, improvement programs or remediation activities where required.
- Participate in and contribute to other key processes of CIBC inclusive of Watchlist Alerts Management, Personal Account Dealing, AB&C declarations, cross-border activities, mandatory leaves and training.
- Undertake tasks relating to regulatory or compliance as and when required by the Head of CIBC Governance.