Associate Director, Operational Risk Management

Associate Director, Operational Risk Management

AIA Group
Not Specified
Not Specified

Job Description


Bring your career aspirations to life with AIA!The position fulfills the following objectives:
1. To drive the development and implementation of technology tools to facilitate integrated Governance, Risk and Compliance (GRC).
2. To support the development and implementation of group-wide operational risk management activities.
3. To be responsible for enhancing a strong risk culture, awareness and capabilities at Group Office and across all local Business Units.
4. To provide technical support and oversight to the local Business Units in relation to the fulminant of requirements under the Group Operational Risk and Control Framework (ORCF).

  • To be responsible for the ongoing development and maintenance of the GRC system including the development or integration of additional platforms that support Operational Risk Management activities.

  • To oversee the day-to-day ORM activities across the business, including:

    • Review and challenge Operational Risk information from local business units ( LBU)

    • Review Operational Risk Management reporting pack (and underlying analysis) and present to the Group Risk committees and regular Group Senior Management meetings

    • To identify emerging risks and perform thematic reviews and provide recommendations

  • To be the trusted risk advisor to the business in the following key activities:

    • Strategic/ Business Plan process

    • Product development

    • Material initiatives/ projects

    • Regulatory / Rating Agencies reviews

    • Training and day-to-day support

  • Operational Risk Management to be integrated as part of the day-to-day business activities and be seen as value adding, relevant and professional.

  • AIA to have industry best ORM practices at Group and local level.

  • To have an enhanced Risk Culture and Awareness across the Group

  • To develop a strong relationship with Group Senior Management and local CROs, with positive feedback on Group ORM’s contributions and support.

  • Operational Risk Management to be integrated as part of the day-to-day business activities and be seen as value adding, relevant and professional.

  • AIA to have industry best ORM practices at Group and local level.

  • To have an enhanced Risk Culture and Awareness across the Group

  • To develop a strong relationship with Group Senior Management and local CROs, with positive feedback on Group ORM’s contributions and support.

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.

Job Details

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IT

About AIA Group

The roots of today’s AIA Group can be traced to 1919 when entrepreneur Cornelius Vander Starr established his first insurance business in Shanghai, China. What followed was pioneering growth, securing AIA’s position as the largest independent publicly listed pan-Asian life insurance group—spanning 18 markets and serving the holders of more than 38 million individual policies and more than 16 million group scheme members. AIA is based in Hong Kong and is listed on The Stock Exchange of Hong Kong under the stock code “1299 (ticker symbol: “AAGIY). AIA’s contributions have supported social and economic progress across Asia, while also advancing the reach and impact of life insurance across the region. In 2020, we paid more than US$16 billion in benefits and claims, providing essential financial protection when it was needed the most. We also take pride in the long-term relationships we have developed with our customers and agents that in many cases have continued for generations. The insurance industry plays an important role in addressing the sustainability challenges our communities face. With this in mind, AIA’s ambition is to be a global industry leader in Environmental, Social, Governance (ESG), shaping a sustainable future for the communities we serve and creating long-term value for our stakeholders. For more than a century, AIA has strived to make a significant, positive impact for our customers and communities across Asia. As we look to the future, this commitment is reinforced by our Purpose: to help millions of people live Healthier, Longer, Better Lives. Our Purpose guides the decisions we make and the actions we take as an organisation—empowering and enabling people to understand and manage their health, while meeting their long-term savings and protection needs. Helping create a healthier Asia is one of the most important and valuable things we can do for our communities, today and tomorrow.

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