Corporate Function Risk Partner

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 Supports the Board, the 3 Risk Committees (Risk Oversight, Financial Risk and Operational Risk), the AIA Group and AIAF Executives in developing and maintaining an appropriate Risk Management Framework.

Key Roles & Responsibilities: Develop and implement the operational risk and control framework and the policy governance framework. Draft and maintain AIA risk management policy and the underlying standards. Review, challenge, and report on the operational risk profile. Monitor material incidents, control weaknesses, key risk indicators, key operational risks, and emerging operational risks. Collect and analyse the incident data (Repeat incident, length of days needed to report and resolve, financial impacts root cause analysis) to identify areas for process improvement and communicate the review result to the relevant dept and their EXCO for follow by first line and monitored by second line. Work closely with first line of defense subject matter experts, and second and third line of defense control functions to ensure key operational risks are effectively managed. Review key initiatives, products and projects from a risk perspective to support business' strategic objectives. Monitoring draft and new regulation issued by regulator and ensure that the requirement has been adopted. Liaise with regulators for regulatory reporting, socialization and correspondence. Managing Risk Oversight Committee (“ROC”) and Executive Risk Committee (“ERC”) in regular basis. Review signs off circulation: policy/procedure/guidance/working instruction issued by first line. To set up, review and monitor company’s risk appetites, risk tolerances and risk limits. To provide second opinion on the core company activities: Strategic IT, Information Security, Data projects and Strategic Plan. To set up Risk Management plan for a whole year and keep the progress update. Involvement in the risk culture program to increase awareness on risk among all staff. Furthermore, assess the risk maturity level after the risk culture programs are rolled out. To ensure implementation of Third-Party Management (“TPM”) has aligned with governances by increasing awareness to all staff, reviewing vendor engagement, performing assurance and running TPM committee in monthly basis.

Job Requirements: 5-7 years of enterprise risk management experience in financial services – preferably life insurance company. Experience of working with Boards, regulators, EXCO members and other stakeholders and should be able to win respect by thinking independently, presenting well and providing the right balance of control and support, prudence and pragmatism Work with data, prepare reports, communicate messages effectively in writing and through charts and tables is essential Disposition –

generally curious, inclined to question and challenge while always approaching issues in a positive and mature way, seeking solutions and taking responsibility for getting resolution Good proficiency in English