Risk Officer (Senior)

SiliconNet Technologies Sdn. Bhd. (SNT) is looking for a Senior Risk Officer to lead and strengthen our enterprise risk management function as we continue to grow in digital wallet services, merchant acquiring services, and upcoming card services. Roles & Responsibilities Enterprise Risk Management Leadership Lead the overall Enterprise Risk Management (ERM) framework, including risk governance structures, policies, procedures and risk management strategies. You will define and review the organisation’s risk appetite and tolerance limits to ensure they remain aligned with business objectives. Risk Identification and Assessment Lead enterprise-wide risk assessments to identify emerging risks across business, operations, technology and regulatory areas. You will review new business initiatives, products, partnerships, and digital services to assess their risk impact before implementation. Risk Monitoring and Reporting Develop and maintain risk monitoring mechanisms, Key Risk Indicators (KRIs), dashboards and reporting metrics. You will prepare and present risk reports to the Management Committee, Board Risk Management Committee and Board of Directors, and escalate material risks or breaches in a timely manner. Policy and Governance Management Develop, implement, and maintain key governance documents, including the Risk Management Policy, Risk Appetite Statement, and relevant risk frameworks such as credit risk, fraud risk and operational risk frameworks. You will ensure these documents remain aligned with regulatory expectations and industry best practices. Regulatory and Compliance Support Support SNT in maintaining compliance with evolving requirements from Bank Negara Malaysia, PayNet and PCI DSS. You will liaise with regulators and external stakeholders on risk-related matters and support regulatory reporting and submissions. Operational Risk and Incident Management Establish operational risk management methodologies, oversee incident reporting, and lead root cause analysis. You will monitor corrective and preventive actions to ensure risk issues are properly followed through until closure. Strategic Risk Advisory Act as a trusted risk advisor to senior management and Board members. You will provide clear and practical risk views on new products, partnerships, digital initiatives and business decisions. Team Leadership and Risk Culture Lead and mentor risk management team members. You will also build risk awareness across the organisation and promote accountability, ownership and responsible decision-making. Job Requirements Experience 10 years of experience in financial services, fintech, payment systems or regulated institutions. Education Bachelor’s Degree in Finance, Risk Management, Accounting, Business, IT or related disciplines. An MBA will be an added advantage. Professional Certification Certification in one or more of the following areas is preferred: Certified Enterprise Risk Manager, Certified Information System Auditor, Certified in Risk and Information Systems Control, or Professional Risk Manager. Leadership Exposure 3 years of experience in a risk management team leadership role. Hands-on Experience Strong practical experience in ERM implementation, risk governance, board and management reporting, and regulatory engagement. Residency Open to Sarawakians only. Skills & Knowledge Risk Management Expertise Strong knowledge of Enterprise Risk Management, operational risk, credit risk, liquidity risk, fraud risk, compliance risk, cyber and technology risk, third-party risk and outsourcing risk. Risk Framework and Monitoring Able to establish risk appetite, conduct risk assessments, develop KRIs and control indicators, and prepare clear risk reports for senior stakeholders. Regulatory Knowledge Strong understanding of regulatory requirements in regulated industries, preferably within financial services, fintech or payment services. Analytical Thinking Able to perform quantitative and qualitative analysis, interpret data and trends, conduct scenario analysis and stress testing, and provide practical solutions to business risks. Leadership and Stakeholder Management Able to think strategically, make sound decisions, lead teams, manage change and conflict, and work effectively with senior management and external stakeholders. Communication Confident in board-level presentation, policy writing, paper writing, negotiation and influencing. Behavioural Attributes Strategic and Forward-Looking Able to anticipate emerging risks and provide proactive strategies to support sustainable business growth. Strong People Leadership Able to guide, mentor and develop team members while building a collaborative and high-performance culture. Constructive Challenge Able to provide independent views, challenge decisions professionally, and recommend practical solutions. Commercial Awareness Understands business priorities and is able to align risk management with business objectives. Integrity and Sound Judgement Demonstrates professionalism, ethical judgment, and accountability in all decisions and actions. Resilience Under Pressure Able to remain calm, focused, and effective when handling uncertainty, change or urgent risk matters. Clear Stakeholder Communication Able to build trusted relationships and influence stakeholders at all levels. Authority and Decision-Making You will lead and coordinate risk management activities across assigned functional areas. This includes reviewing, assessing, and recommending risk mitigation actions for business, operational and strategic matters. You will also escalate material risk issues, control weaknesses and emerging threats to Management in a timely manner. Within approved authority and governance structures, you will support risk-related decision-making, recommend control improvements, and coordinate the follow-up and closure of risk action items with internal stakeholders and relevant functions. Ready to make an impact? Submit your application today and play a key role in strengthening enterprise risk management, enhancing risk governance, and supporting responsible business growth within a regulated fintech and payment services environment. Join SiliconNet Technologies Sdn. Bhd. (SNT) as a Senior Risk Officer and contribute to building strong risk oversight, sound controls, and effective decision-making as we continue to expand our digital wallet services, merchant acquiring services, and upcoming card services. Only shortlisted candidates will be notified. Thank you.