Senior Associate, Investment Services (MPF and Payment)

Senior Associate, Investment Services (MPF and Payment)

AIA Group
4-5 years
Not Specified

Job Description

Bring your career aspirations to life with AIA!To support investment and payment operation, monitoring and reporting functions for AIA's pension platform. The assistant manager will participate in various investment operation, control and reporting process for the MPF and Penson products, as well as assist in the implementation of various pension fund-related projects
Roles and Responsibilities:
Major duties for this position are:
  • Review and handle the trade orders, reconciliation and valuation for the MPF and pension funds
  • Review and handle pension contribution received and benefit payment for the pension platform
  • Handle with payment related matters with third party bank and perform relevant reconciliations
  • Participate in various investment controls & monitoring specific for Pension funds, such as HKD exposure, FX tolerance level, Interest rate monitoring, etc.
  • Handle regulatory reporting, including but not limited to regulatory reporting, internal management reporting, fund statisfical reporting, etc., and to ensure accuracy and timeliness of submission
  • Monitor fee and expenses, cashflow, fund performance analysis and other related reporting for Pension Funds
  • Participate the annual audit of MPF and Pension Scheme and to ensure its done in a good quality and in a timely manner
  • Handle regular financial reporting for group consolidation/management reporting/marketing/purposes for MPF and Pension regulated funds
  • Support the implementation of new funds, automation projects, and other ad hoc projects
  • Support compliance team to perform due diligence on external service providers (such as custodian and investment managers)

Job allocation by percentage:
Assigned tasks and projects
  • Ensure assigned tasks and projects are completed within planned schedule.

External and internal audit
  • Coordination of audit visits by external auditors and internal audit team and taking proper follow up actions on issues identified from the visits.

Financial and regulatory reporting
  • Ensure regular investment reporting, regulatory returns and year-end financial statements are being prepared accurately and submitted on a timely basis

Other responsibility
  • Assist in the implementation of new funds, process improvements and ad hoc projects

Minimum Job Requirements:
  • University graduate, preferably major in business or finance related subject or equivalent
  • 4-5 years of relevant experience in MPF fund and payment operation (such as investment valuation, settlements and relevant pension funds experience)
  • Familiar with MPFA and other regulators requirements on MPF funds
  • Cooperative, responsible detail minded person with a positive attitude, able to manage stress and work in a fast-paced environment
  • Effective communication and interpersonal skills
  • Proficient in both spoken & written English & Chinese
  • Proficiency in PC skills (MS Access & Excel)
  • Immediate available or short notice will be an advantage

Job Details

Employment Types:



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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