Risk Manager – Private Equity & Real Estate Fund Operations (Malaysia)

About the Role:

global financial services client in Malaysia

Key Responsibilities:

• Support Head of Department (HOD) in policy development, risk control, and compliance with Service Level Agreements (SLAs).
• Participate in all departmental projects, providing advisory on risk and control aspects.
• Conduct Risk and Control Self-Assessments (RCSA) and ensure proper mitigation of operational risks.
• Establish review plans, perform control testing, daily checks on high-risk items, and propose targeted mitigation plans.
• Track and report Key Risk Indicators (KRI) to management; escalate areas of concern with appropriate Risk Mitigation Plans.
• Perform process reviews for continuous quality and productivity improvement.
• Assist in reporting operational risk incidents, root cause analysis, and ensure timely closure of action items.
• Ensure adherence to change control framework for BAU and new processes.
• Act as key point of contact for all control-related issues, liaising with internal and external stakeholders, including Compliance, Risk, and Audit teams.
• Prepare MI reports and perform data analytics to provide insights for process and control improvements.
• Promote a control culture by providing training and fostering risk awareness within the department.

Qualifications & Skills:

• Bachelor's or Master's degree in a relevant field or professional training in finance, risk, or operations.
• Strong understanding of Operational Risk frameworks and ability to identify control gaps with practical solutions.
• Excellent communication, presentation, and stakeholder management skills.
• Disciplined approach to governance and compliance.
• Experience in Private Equity, Real Estate Funds, or Fund Operations.
• Knowledge of fund accounting standards, Custody, and Transfer Agency processes.
• Technical skills in Macro, VBA, or coding for data analytics.
• Understanding of financial markets and products.