Assistant Manager, Risk & Compliance

Company :

Sime Darby Industrial Sdn Bhd

• Risk Management:
  • Implement the Group’s ERM Framework and other relevant policies and procedures in identifying and managing risks;
  • Provide top-down support, liaise and co-ordinate with risk owners on the development, prioritisation and implementation of risk countermeasure;
  • Review, analyse and provide feedback to all risk owners in defining the target risk exposure and assess the adequacy and effectiveness of risk treatment / controls and risk countermeasures;
  • Monitor and analyse information/updates received on key remerging isks and prompt risk owners for further investigation or timely intervention;
  • Guide risk owners to conduct risk assessments on new ventures and activities, where necessary. Provide an independent risk assessment on proposed business plans and transactions to ensure that the key risks vis-à-vis business objectives, and risk considerations are systematically incorporated into the overall evaluation and decision-making process.
  • Implement appropriate risk reporting to the Regional MD, CFO – Industrial SEA, Group Risk & Compliance.  Engage strategic relationships with various stakeholders to build consensus on risk profiling and ensure commitment to implement any risk response actions.

• Compliance
  • Undertaking impact assessments of emerging regulatory change and developments and unpack the changes to compliance obligations;
  • Assist in reviews conducted by Group Risk & Compliance and assist with periodic reporting requirements (self-audit and compliance attestations);
  • Respond to alleged breaches of rules, regulations, policies, procedures and standards of conduct by initiating investigations, procedure and maintaining reporting in local registers; and
  • Develop, update, implement, communicate and maintain policies, guidelines and processes that provide guidance on effective corporate governance and regulatory compliance in accordance with compliance obligations, the law and our internal Group Policies and Authorities (GPA).

• Training & Awareness:  
  • Inculcate risk and compliance-centric culture and awareness across the business via training and awareness initiatives; and
  • Work with Group Risk & Compliance to implement training and awareness programme related to risk and compliance.

• Business Continuity Management:  
  • Provide guidance and overall support for SDI’s BCM Coordinators when implementing the BCM programme;
  • Manage the implementation of BCM programmes to ensure consistent approach in managing disruption and resuming critical business functions as recommended by the relevant BCM standards and industry best practices; and
  • Acts as the focal point for resolving issues and monitors the status of deliverables and timelines for the overall BCM programme activities.

• Post-merger Integration:
  • Oversee post-merger governance integration matters, i.e., implementation of GPAs, LOAs and other relevant policies and procedures. Integration of risk and compliance systems for reporting and processes to ensure best practice and synergies gained.

• Others:
  • Periodic review of Standard Operating Procedures across the SDISB and TSL businesses, with a focus on addressing process and control deficiencies associated with key risk areas.
  • Proactively review internal controls within each business and address key issues highlighted in internal and external audit reports;
  • Any other projects and duties as are reasonably requested by Sime Darby Head Office and Management; and
  • Report to the relevant authorities on any breach of Compliance, Risk Management and BCM, as necessary.