Job Overview
The Risk Management Specialist is responsible for implementing risk management activities within the assigned domain (Operational Risk, AML/Compliance, or IT Risk). The role ensures the company complies with regulatory requirements for payment and intermediary payment services, while adhering to the Company's risk management standards.
Key Responsibilities
1. Risk management (Ops Risk / AML / IT Risk)
- Conduct periodic and ad-hoc risk identification and assessment for products, processes, operations, and projects; propose appropriate control measures and monitoring criteria for each risk area.
- Collaborate with relevant teams to assess risks for new products, IT initiatives, operational processes, or potential AML/fraud-related scenarios.
- Monitor and provide early warnings on emerging or critical risks; propose corrective and preventive actions.
2. Develop and update risk policies, procedures, and guidelines
- Establish and maintain risk frameworks, internal policies, procedures, and operational guidelines in compliance with State Bank of Vietnam regulations and applicable legal requirements.
- Ensure that risk policies and standards are aligned with best practices in Operational Risk, AML Compliance, and IT/Information Security Risk.
3. Risk advisory and cross-functional coordination
- Act as a risk advisory focal point for internal departments on payment operations, IT systems, information security, AML/CTF, and compliance matters.
- Work with regulatory authorities as assigned; gather and consolidate information for internal reports and regulatory reporting (periodic and ad-hoc).
4. Operate and enhance risk management tools and systems
- Participate in the development and continuous improvement of risk systems and tools, including RCSA, risk assessment models, Key Risk Indicators (KRIs), incident reporting systems, and AML monitoring tools.
- Support digitalization initiatives related to risk management and enhance monitoring effectiveness.
5. Internal training and risk awareness
- Develop and deliver internal training programs on risk management practices.
- Provide guidance to employees on risk identification, monitoring, reporting, and remediation processes.
Requirements
- Bachelor's degree or higher in Banking & Finance, Economics, Accounting/Auditing, Law, Business Administration, Information Technology, Cybersecurity, or related fields.
- Minimum 7 years of experience in banking, payment intermediaries, financial institutions, or fintech.
- At least 3 years of hands-on experience in one of the following areas: Operational Risk Management; AML/Compliance & Financial Crime Prevention; IT Risk / Information Security Risk
- Experience working with the State Bank of Vietnam or regulatory reporting is a plus.
Knowledge & Skills
- Strong understanding of legal and regulatory requirements relating to cashless payments, intermediary payment services, AML/CTF, and IT/Information Security.
- Detail-oriented, cautious, high integrity.
- Fast learner with strong analytical thinking and problem-solving skills.
- Ability to work under pressure and adapt quickly to changes.
- Proactive, accountable, and able to work independently.
- Strong communication and cross-functional collaboration skills.
