It’s about finding new ways to not only better people’s lives, but to better the communities and environments we live in. And we build on this every day with our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030.

And to get there, we need leaders with the courage, clarity and humanity to inspire, guide and support their teams to thrive every day – in the work they do and the life they live. Our leaders always have and will play a vital part in our journey to help more people live Healthier, Longer, Better Lives, build healthier societies and cultivate healthier environments that better everyone.

If you sound like that leader, read on.

About The Role

Responsible for managing the operational risk of the company and providing assurance to the senior management that the risk management framework is effective and that operational risk are being managed across the organization to an acceptable standard.

Roles And Responsibilities

• Lead the development, enhancement and implementation of Operational Risk Framework, Enterprise, Governance, Risk and Compliance Technology Solution, and risk policies, standards and guidelines as directed by AIA Group from time to time
• Review/ Coordinate with risk owners and conduct risk and control assessment. Work with risk owners to drive the identification, assessment, measurement, mitigation and monitoring of operational risks
• Drive the Operational Risk Committee and other relevant committees
• Work closely with business team to provide the comprehensive 2nd line oversight with independent advice on new business initiatives and operational incidents to ensure key operational risks are highlighted with proper mitigating measures
• Lead and maintain the effective Business Continuity Management (BCM) governance and program consistent with regulatory requirements, and industry best practices/ standards, and adhere to the Company’s respective Standard(s).
• Provide technical advice to business functions in the risk review of Third Party and identify threats and business operations being interrupted due to unanticipated events/disruptions.
• Lead the Own Risk and Solvency Assessment (ORSA) process related to Operational Risk and develop tools to quantify the top risks for prioritization
• Promote a strong risk awareness and culture and enhancement of risk management framework through regular communication to staff and distribution channels and delivery of training
• Build a collaborative culture and expanding networked resources
• Engage business by aligning focuses, enhance relationships and provide holistic independent advice
• Manage regular risk reporting submission to Group Office, risk committees and escalation of key risks to management
• Performs other responsibilities and duties periodically assigned by supervisor to meet other requirements

Minimum Job Requirements

• University graduate with minimum 15 years relevant experience in internal audit, insurance operations or risk management
• Good knowledge of insurance operations and internal control framework
• Strong problem-solving, effective communication and interpersonal skills
• Developed financial acumen and business orientation
• Good knowledge of regulatory and compliance requirement
• Experience in implementation of risk management system solution
• Good knowledge on the Own Risk and Solvency Assessment Process and experience in risk quantification will be an advantage

Others

• You are required to obtain relevant license if your job involves in regulated activities
• Ensure team members who perform regulated activities have obtained the relevant licenses and fulfilled the licensing requirements

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.