AMIRUL ARIFF IZWAN

Framework Development and Compliance

• Developed, implemented and continuously enhanced the Internal Capital Adequacy Assessment Process (ICAAP) framework and Stress Testing policy to ensure full compliance with Bank Negara Malaysia (BNM) and Parent Bank requirement.

Risk Methodology Enhancement

• Led enhancements to the ICAAP Material Risk Assessment (MRA) methodologies and Pillar II methodologies to better reflect the bank’s risk profile.
• Reviewed and refined Stress Testing and Reverse Stress Testing scenarios and methodologies on semi-annual basis.

Material Risk and Stress Testing Coordination

• Spearheaded the Bank-wide MRA exercises to identify and assess emerging risks and ensuring integration into Bank’s risk management strategy.
• Coordinated and conduct Bank-wide stress test exercise including preparation of comprehensive reports for BNM and Board submission.

Strategic Risk Planning

• Review the bank annual 3-year Business Plan and Risk Appetite Statement to ensure alignment with strategic objectives and capital planning.
• Provide analytical support for capital simulation, capital planning and recovery planning options, contributing to sound capital adequacy strategies.
• Participated in the implementation of the Bank’s Recovery Plan, integrating Climate Risk considerations into the ICAAP framework as part of regulatory expectations on sustainability and ESG.

Operational Risk

• Supported the review and enhancement of Operational Risk Management and Shariah Risk Management policies to align with latest regulatory standards.
• Developed and implemented operational risk tools i.e., Key Risk Indicator, Control Self-Assessment and Loss Event Data.

• Perform continuous review of the Enterprise Risk Management framework to be aligned with Bank Negara Malaysia and regulatory requirements and ensuring all risks identified by risk owner (Departments).
• Conduct Risk Control Self-Assessment (RCSA), Key Risk Indicator (KRI) and Incident Management Data Collection (IMDC).
• Assist in analyzing the Aeon Credit Service business functions and their criticality through Risk Assessment (RA) and Business Impact Analysis (BIA) for BCM Section.
• Responsible for monthly Japan HQ report submission and yearly J-SOX assessment (Japan Sarbanes-Oxley Act).

• Ensure submission of all underwriting reports to Bank Negara Malaysia, Insurance Services Malaysia and Persatuan Insurans Am Malaysia within timeline given.
• Involved in the operational risk assessment initiative to identify the risk exposure within the company.
• Conduct thorough analysis and prepare reports on portfolio performance, claims trends, underwriting and products performance for Management Committee and Board’s on monthly basis.