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
To ensure that the overall risk & compliance frameworks specifically under internal processes and procedures, regulatory, statutory, group guidelines is acceptable and there is full compliance to the same within the organization. To carry out risk assessments and advice on areas of improvement towards business continuity.Risk Governance
Manage risk management framework (RMF) and risk appetite (RA) consistent with group’s RMF and ensure effective implementation of the relevant risk management policies and standards;Manage the quarterly risk committee (RMC) meetings and prepare the underlying RMC packs;Manage and ensure the financial and operational risk dashboards are reported on monthly and quarterly basis to group risk in timely manner;Manage risk management information and conduct financial and operational risk analysis; Ensure the preparation of relevant activity approval & monitoring process (AAMPs) (e.g., Investment and Products) are in place;Draft risk management planning for the year and ensure appropriate assessment is conducted accordingly; andProviding assurance to the line manager, local management and group risk level.Enterprise risk management (ERM) activities
Perform key ERM activities such as:Financial risk - semi annual regulatory capital stress testing;Operations risk - annual risk and controls assessment and adhoc internal incidents reporting; andInvestment risk – credit risk assessment and investment limits monitoring.Support and oversight
Provide risk management advice and support key business activities such as key initiatives/ projects, product development, investment, etc;Provide ERM training to senior management, risk owners and risk champions; andProvide assurance to the RMC through line manager regarding the effectiveness of the risk management processes and oversight of key risks are appropriately managed.Compliance
Develop and supervise strategies for the effective management of compliance risks;Develop and maintain the awareness of compliance to the applicable laws and regulations through the provision of regular communications, training and education;Develop and maintain monitoring programs to assist in the detection of compliance risks;Recommend practical risk-mitigation actions to ensure that compliance risks are promptly addressed;Assist in the investigation of complaints involving market misconduct;Advise on agency’s advisor contracting related matters;Assist in the preparation of internal and external reporting requirements, including liaising with different business units and/ or regional counterparts for its the timely and accurate submission; andPerform other duties as assigned.Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.
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