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paynet (payments network malaysia)

Senior Specialist, Enterprise Risk Management

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  • Posted a month ago
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Early Applicant

Job Description

Why PayNet / Why Now

  • PayNet operates critical national payment infrastructure where risk decisions have systemic impact
  • Regulatory expectations, operational complexity, and market scale are increasing simultaneously
  • The organisation requires stronger enterpriselevel risk judgment, not incremental controls
  • This role exists to elevate risk from reporting to decisionmaking
  • Timing matters: PayNet needs a confident second line that can challenge, influence, and escalate

TL;DR

  • Own enterprise risk governance across a national financial market infrastructure
  • Lead risk assessments that inform senior management and Boardlevel decisions
  • Decide and escalate on material risks, incidents, and control gaps
  • Drive risk culture, not just compliance
  • Operate with independence, judgment, and accountability

Why This Role Matters

  • Protects PayNet's reputation, participants, and systemic trust in Malaysia's payments ecosystem
  • Translates complex risk signals into clear executive and Board insights
  • Enables informed risktaking by strengthening governance and control effectiveness
  • Acts as a second line of defence with authority to challenge and influence outcomes
  • Anchors a strong, practical enterprise risk culture across the organisation

What You Will Actually Do

  • Own and drive the implementation of PayNet's Enterprise Risk Management Framework
  • Lead enterprisewide risk assessments, including Risk Control Self-Assessment (RCSA) and project risk reviews
  • Decide and recommend actions based on risk exposure, control gaps, and incident trends
  • Shape risk reporting for Management, Board Risk Committee, Board, and regulators
  • Drive continuous improvements to risk governance, processes, and oversight

Examples of This Role in Practice

  • Lead a crossfunction risk assessment for a highimpact payment system change and escalate key risks
  • Challenge control design when operational incidents reveal systemic weaknesses
  • Present a clear risk narrative to senior management to influence prioritisation decisions
  • Coordinate timely operational risk reporting to regulators during heightened scrutiny
  • Embed risk considerations into business planning without slowing delivery

What Will Help You Succeed

  • Strong grounding in enterprise risk management frameworks and methodologies
  • Sound judgment when balancing regulatory expectations with business realities
  • Confidence to operate independently and challenge constructively at senior levels
  • Ability to synthesise data into clear, decisionready insights
  • Clear, credible communication with executives, Board members, and regulators

More Info

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Job ID: 147266327

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