eMASCO

Recent Searches

Major Group

Professionals

Sub-Major Group

Business and Administration Professionals

Minor Group

241

Finance Professionals

Unit Group

2413

Financial Analysts

Minor Unit Group

MASCO Code

2413-02

Compare

Risk Management Officer

TVET

TVET scope is based on recognized occupational standards, with emphasis on practical components, psychomotor skills and exposure to training in the industry

Risk Management Officer is responsible for identifying, assessing, and managing a risk that could affect an organisation’s operations, financial performance, or reputation. They develop and implement risk management frameworks, conduct quantitative and qualitative assessments including credit, market, operational, and project-specific risks and ensure compliance with regulatory and internal requirements. The role involves advising management, collaborating with departments to strengthen risk awareness, and applying modelling and analytical techniques to support informed decision-making and effective risk mitigation.

Tasks

Conduct risk assessments to identify financial, operational, credit, market, and reputational threats.

Develop, implement, and maintain risk management strategies, policies, and frameworks.

Analyse financial, operational, and industry data to support risk assessment, planning, and decision-making.

Monitor and evaluate the effectiveness of risk controls and key risk indicators (KRIs).

Ensure compliance with regulatory requirements, internal policies, and risk management standards.

Prepare comprehensive written and oral risk reports for senior management and regulatory bodies.

Collaborate with legal, compliance, audit, and other departments to manage risk across the organisation.

Support the development and testing of business continuity and crisis management plans.

Develop and validate risk models to quantify exposure and support strategic decisions.

K
Financial and Insurance /Takaful Activities

Skills

Basic

Attention to detail and accuracy in identifying risk factors and errors.

Critical thinking to evaluate complex information and support decision-making.

Effective verbal and written communication and interpersonal skills for reporting and collaboration.

Proficiency in risk assessment and data analysis tools, including Microsoft Office and specialised risk management software.

Strong analytical and problem-solving skills to assess and manage risks effectively.

Specific

Ability to analyse business and performance data to support risk-informed decision-making.

Ability to analyse data to identify, evaluate, and monitor financial, credit, and operational risks.

Ability to perform forecasting and trend analysis to anticipate potential risks.

Competency in developing, implementing, and monitoring risk mitigation plans and controls.

Competency in preparing risk reports and financial and credit risk documentation.

Knowledge in regulatory and compliance frameworks related to financial and operational risk management.

Knowledge in structured risk management frameworks and risk assessment methodologies.

Proficiency in risk assessment tools and methodologies.

Proficiency in risk management and modelling software, including statistical and programming tools.

Additional Info

QUALIFICATION

Bachelor’s degree or equivalent

Related Courses

Claimable Course

e-Latih Online Course

Minor Unit Group

Risk Management Officer

2413-03

Accounting Analyst

📌 NOTICE 📌