Job Summary
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The Section Head, Enterprise Risk Management (ERM) & Business Continuity Management (BCM) is responsible for managing the ERM and BCM functions within the Finance Division. The role ensures effective implementation of ERM and BCM frameworks in line with regulatory requirements, governance standards, and business objectives.
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This position provides oversight of risk identification, assessment, and monitoring, as well as continuity planning to safeguard critical operations. The role manages one team member and works closely with risk owners and stakeholders across the organization to strengthen risk awareness, resilience, and support sustainable business performance.
The Day-To-Day Activities
- Enterprise Risk Management (ERM)
- Lead the design, implementation, and continuous enhancement of the ERM framework in alignment with regulatory requirements and internal governance standards.
- Drive enterprise-wide risk identification, assessment, monitoring, and reporting to management and Board Committees.
- Facilitate risk workshops, profiling, and scenario analysis to support informed decision-making.
- Provide independent risk insights and recommendations to strengthen controls and mitigation actions across business units.
- Business Continuity Management (BCM)
- Oversee the development and maintenance of BCM strategies, policies, and plans, including crisis management and disaster recovery.
- Coordinate business impact analyses (BIA), continuity planning, and BCM risk assessments across the organization.
- Lead BCM drills and testing, ensuring readiness for disruptive events and continuous improvement of plans.
- Ensure compliance with industry standards (e.g., ISO 22301) and regulatory expectations for business continuity.
- Ensure ERM & BCM practices comply with internal policies, external regulations, and industry guidelines.
- Monitor regulatory developments (e.g., MCMC, Bursa Malaysia) and update frameworks accordingly.
- Support management in addressing compliance requirements and ensuring governance processes are properly followed.
- Oversee the review and monitoring of internal control effectiveness within risk and continuity processes.
- Collaborate with Internal Audit and relevant business units to address audit findings and strengthen controls.
- Recommend process improvements to close control gaps and reinforce accountability across functions.
- Manage and develop the ERM & BCM team, including one Manager, through guidance, coaching, and performance oversight.
- Collaborate with senior leaders, risk owners, and stakeholders to embed a strong risk, compliance, and resilience culture across the company.
- Support the Head of Financial Strategy & Investor Affairs in preparing risk and BCM reports and updates for Board/Audit Committee engagements.
- Stay abreast of emerging risks, compliance requirements, and industry best practices to keep frameworks relevant and effective.