Central, Hong Kong Island, Hong Kong
1 day ago
Chief Risk Officer, Hang Seng Insurance Company - Hang Seng Bank (HK)

A Career with Hang Seng Bank

Hang Seng is committed to service excellence. Our people are our most important asset and play a vital role in our efforts to continually enhance our performance for customers and provide best-in-class products and services. We seek to attract high-calibre talent by offering a dynamic working environment, good career development opportunities and competitive compensation packages.

Risk and Compliance - Insurance Risk Management

Hang Seng's Risk and Compliance ("RKM") strives to maintain a well-balanced risk profile for the Bank while enabling businesses to thrive. Our team actively manages a varied and dynamic range of risk types. We are dedicated to collaborate with businesses, other functional units and regulatory bodies to develop and implement robust and customized risk management frameworks and measures to maintain the strong market position of the Bank.

In accordance with the Risk Appetite, the Insurance Risk Management Function identifies, assesses and manages both financial and non-financial risks being exposed by Insurance Business of Hang Seng Bank, in particular at the capacity of Chief Risk Officer of Hang Seng Insurance, to protect interest of the Bank and the policyholders.

We are currently seeking a high caliber professional to join us as Chief Risk Officer, Hang Seng Insurance Company.

Principal responsibilities

Act in the capacity of Chief Risk Officer of Hang Seng Insurance Company Limited and Key Person in Charge of Risk Management of the Insurance Authority to ensure an effective Enterprise Risk Management of the Company.Optimize the risk and reward relationship of insurance business activities and contribute to the Bank’s strategy plan.Lead the team and other risk steward to develop, maintain and enhance risk management and control systems to methodically identify, control and manage both the financial and non-financial risks inherent in insurance business.Effectively engage with relevant regulators to ensure compliance of regulatory expectations and requirements in Risk Management.Provide risk challenges and recommendations from risk perspective for new product development and investment activities of Life Manufacturing Business.Review and challenge proposals in different governance committees including RMM, ALCO, Product Committee and Investment Committee.Monitor and manage risk and return of investment portfolio of Life Manufacturing business.Oversee and manage key outsourcing risk of Life and Retirement business of Hang Seng Insurance.Collaborate with Group Insurance Risk and other Group Stakeholder to effectively implement all Group’s requirements for Life Insurance Business.
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