Operational Risk and Governance, Principal/Consultant

1 month ago


Hong Kong, Hong Kong SAR China AIA International Limited. Full time
FIND YOUR 'BETTER' AT AIA

We don't simply believe in being 'The Best'. We believe in better - because there's no limit to how far 'better' can take us.

We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives.

If you believe in better, we'd love to hear from you.

About the Role

Provide oversight of the operational risk profile of the organization and work with the business to identify material risks requiring management attention so as to support the business to make well informed decision by anticipating and mitigating risks.

Roles and Responsibilities:
  • Support and coordinate the Operational Risk Committee and other relevant management committees
  • Partner with risk owners to drive the identification and assessment, management and response, monitoring, and controls of operational risks on key initiatives and projects
  • Coordinate with risk owners to conduct risk and control assessment, perform independent operational risk assessment and provide quality assurance on the effectiveness of key controls
  • Assist in preparing regular risks reports to ensure key operational risks are appropriately addressed in Risk Committees
  • Lead and manage the operational risk incident reporting. Ensure operational risk incident is well managed and mitigation/preventive actions have been implemented.
  • Promote a strong risk awareness and culture through regular communication to staff and distribution channels and delivery of training
  • Be a key player of the Outsourcing Committee & Outsourcing Workgroup to provide advice to local functions on key matters / assessments related to outsourcing arrangement from operational risk perspective and prepare meeting materials and minutes
  • Ensure adherence to group and company policies and standards
  • Support the implementation of Operational Risk Management Framework and Risk Taxonomy as directed by AIA Group from time to time.
  • Support and coordinate the Risk Management & Compliance Certification, Control Environment Assessment, Operational Risk Charge Assessment
  • Support relevant reporting in operational risk related systems (e.g. eGRC, TPMS, IRIS).
  • Support the Own Risk and Solvency Assessment (ORSA) process related to Operational Risk and develop tools to quantify the top risks for prioritization
  • Support the ESG-related matters from Operational Risk perspective
  • Conduct timely and accurate communications to various stakeholders such as internal parties, Group Office, regulators, auditors, etc
Minimum Job Requirements:
  • A Bachelor degree in Business Management/ Economics/ Finance and Accounting.
  • At least 8 years of Risk Management/ Internal Audit/ Compliance experiences in life insurance/ financial industries. Candidates with more experience will be considered as Principal (Senior Manager Level).
  • Knowledge of insurance business operations.
  • Work independently and be able to lead/facilitate projects and business initiative.
  • Critical thinking and ability of influencing
  • Multi-tasking ability and problem-solving ability
  • Excellent communication skills, both verbal and written.
  • Be a good team player.
Others:
  • You are required to obtain the relevant license(s) if your job involves regulated activities
Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.


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