Senior Risk Specialist

Job Location: The Campus, Pun Hlaing Estate, Hlaing Thar Yar Township, Yangon.

Working Hours: 8:30 AM to 5:30 PM, (Monday to Friday)

Job Summary

Support Risk Department with the implementation of Wave Money’s Risk Management Framework across the organization and facilitating day-to-day risk management processes, including identification, assessment, monitoring and overseeing mitigation actions.

Key Results Areas

  • Assist in the process of management of risk related to adherence of laws and regulations to which DMM is subject to.
  • Support Risk Department and Risk owners to identify and assess risk within the business
  • Minimize fraud, reputation damage, and other losses/impacts on the business
  • Assist with reviews of status of operational risks and mitigating activities
  • Assist with identifying risk changes and escalates material changes to line manager
  • Identify and escalate any noncompliance with Code of Conduct or Policies including but not limited to Risk and Compliance matters

Key Responsibilities and Accountabilities

  • Assist the line manager in preparing risk reports and dashboards
  • Assist in monitoring Key Risk Indicators and escalate Breaches to line manager
  • Coordinate with cross-functional units to assess risk and ensure mitigation actions
  • Assist in maintaining Risk Register and ensure periodic and holistic review
  • Coordinate cross-functional activities related to Risk Management
  • Participating in Business Continuity planning and activities
  • Perform data analytics and provide insights by checking transactional behaviors and suspicious activities to detect ML/FT
  • Provide ad-hoc reporting and scenario analysis
  • Manage any assigned operational risk incidents including fraud
  • Follow the governance structure and risk management framework set by Wave Money
  • Perform administrative activities for Risk Department

Key Performance and Success Indicator

  • Wave Money business continuity in the market
  • Self-Performance
  • Client focused and orientation
  • Result-based improvement and management
  • Display leadership and people management skills

Competencies

  • Communicating with influence: Strong communication skills with the ability to work with a diverse audience in a coherent manner
  • Attention to detail: able to execute sequential tasks and ensure completeness and accuracy
  • Service Focus: making it easy to do business with all other departments
  • Analysis and Problem Solving: Acquires and uses information efficiently to identify problems and offer sustainable solutions

Experience, Functional Skills and Knowledge Areas

  • Experience in Risk and Compliance in a Financial Institution or Mobile Operator and/or a holder of appropriate qualifications will be an advantage. 
  • Functional skills as outlined below:
  • Independent
  • Pro-active
  • Analytic
  • Persistent
  • Keen learner
  • Good English writing and oral skills
  • Good working knowledge of Microsoft Office suite and presentation skills
  • Strong communication skills with the ability to explain findings and proposed solutions

Benefits

  • Attractive remuneration
  • Life and medical insurance
  • Flexible Working Arrangement

Highlights

  • Myanmar’s First Mobile Financial Services Provider
  • People Centric Culture
  • Professional & Fun Working Environment
  • Power & Synergy of YSH Companies

Career Opportunities

  • Access regular to skill and professional development opportunities
  • Career opportunities across Yoma Group

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