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Head of Risk & Compliance

Head of Risk & Compliance

The role is responsible for the development and maintenance of a well-defined Enterprise Risk Management Framework. The position holder is responsible for the identification, measurement, mitigation, monitoring and reporting of risks on a timely basis.

 

Location: Hồ Chí Minh - Vietnamese local only.

 

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What you will be doing

1. Risk Management:

  • Develop and execute a comprehensive risk management strategy that integrates across all business functions, with a focus on identifying, assessing, and mitigating risks in a digital banking environment.
  • Oversee risk appetite and tolerance levels, ensuring they align with the business strategy while maintaining a proactive approach to identifying emerging risks in technology, cybersecurity, and financial operations.
  • Lead the development of risk analytics and reporting systems to provide real-time insights to senior management and the Board.
  • Act as the central point for risk escalation, ensuring timely and effective resolution of risk events.

2. Compliance:

  • Ensure Timo Digital Bank adheres to all relevant legal, regulatory, and industry standards, including the laws of the State Bank of Vietnam (SBV) and other regulations.
  • Build and implement a scalable compliance framework that evolves with changing regulations and supports the bank’s innovation goals.
  • Liaise with regulatory authorities, ensuring smooth and transparent communication during audits, inspections, and any regulatory changes.
  • Monitor regulatory developments and provide strategic advice to the executive team to stay ahead of compliance obligations.

3. Legal Oversight:

  • Lead the legal function to ensure all activities, contracts, and engagements comply with applicable laws and minimize legal risks.
  • Provide expert legal advice to the management team, addressing complex issues related to corporate governance, partnerships, and innovative digital banking products.
  • Oversee external legal counsel engagements when necessary, ensuring cost-effective and high-quality legal services.
  • Review and mitigate legal exposures related to the bank’s operations and product offerings.
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