Strategic Risk Oversight Professional
5 days ago
About AIA International Limited
We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, and the life they live. Our aim is to support even more people - including our own - to live Healthier, Longer, Better Lives.
The Role
This role plays a critical part in providing comprehensive risk oversight, challenge, and analytical insights for both the assets and liabilities on the Company's balance sheet and the investment portfolio. It involves consistently identifying, measuring, and applying financial risk metrics that align with the company's risk appetite and regulatory constraints.
Key Responsibilities:
- Conducting thorough risk assessments on investment and asset-liability management related initiatives, including LDI solutions, to identify potential risks and evaluate their impact on the company.
- Providing expert advice, guidance, and support on LDI related matters to senior management, offering actionable strategies to mitigate risks.
- Monitoring and analyzing the risks associated with the company's investment portfolios, asset-liability positions, and derivatives transactions, ensuring the effectiveness of risk mitigating actions and compliance with internal policies, standards, and regulatory guidelines.
- Collaborating closely with Group Risk to develop and implement robust risk management strategies and frameworks aligned with the company's risk appetite and regulatory requirements.
- Staying up-to-date on industry trends, regulatory developments, and best practices in risk management, influencing necessary adjustments to risk management policies, standards, and procedures.
- Contributing to the development and enhancement of risk management tools and methodologies, leveraging advanced analytics and technology to improve risk assessment capabilities.
- Providing a risk perspective on the capital strategy and deployment throughout the Group.
Engagement in Other Business Initiatives & Promoting Effective Risk Management Culture
Responsibilities include supporting the enterprise risk management framework, providing independent advice to the business based on the nature and extent of company's risk exposure, fostering effective relationships with stakeholders, and promoting knowledge sharing within the team.
Reporting and Monitoring (Second Line of Defence)
Facilitating committees' meetings, supporting Own Risk and Solvency Assessment reporting, facilitating regular risk reporting submission, and monitoring adherence to risk tolerances, limits, and thresholds are key responsibilities.
Requirements
To be successful in this role, you should have a university graduate degree, at least 12 years of relevant experience, CFA and/or CAIA certifications, strong problem-solving, analytical skills, effective communication, and interpersonal skills, along with detail-oriented and organized abilities.
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