This job offer is not available in your country.
Senior Manager / Manager, Risk Management
Generali MalaysiaKuala Lumpur, Kuala Lumpur, Malaysia12 hours ago
Job descriptionCoordinate corporate risk profile discussions at Management level while ensuring that risks identified are in line with the Company's risk appetite / tolerance level. Oversee production of Department Risk Registers by risk owners, where risks identified are managed accordingly / proper escalated. Review results of Risk Registers to ensure inputs are appropriate. Ensure fraud risk management is effective and to identify any new modus operandi. Provide risk opinion on risk assessment and mitigation plans on subjects relating but not limited to project management and outsourcing. Close coordination with IT Security Officer to ensure security risks are adequately managed. Manage incident / loss events and monitor / improve Key Risk Indicators. Monitor and report on market risk management, liquidity risk management, asset liability management and credit risk management activities. Provide risk opinion on Strategic Asset Allocation (SAA) and new investment strategy. Collaborate with stakeholders in ICAAP implementation to assess capital requirement over the business strategy and under stress scenarios. Production of Group capital requirements, i.e. Solvency Capital Requirements using a simplified approach. Review and ensure timely production of Liquidity Ratios. Ensure timely submission of Investment Risk limits and monthly monitoring. Ensure periodic review of actuarial valuation process including reserve calculation, assumptions, data, methodology, model and results. Review the Product Approval Process (PAP) including pricing assumptions, methodology and checks done by the Pricing team in meeting the Group and local policies. Provide risk opinion on matters relating to distribution compensation, life assumption and reinsurance support. Develop and drive a sound risk culture across the company, including raising awareness of risks and risk management, and performing training as required. To ensure compliance with Group Standards and Regulations via implementation of the Risk Management Framework. Ensure business continuity management activities (risk assessment, business impact analysis, BCP testing) are carried out in accordance to plan Ensure climate risk management activities are carried out as per the board-approved implementation plan, and meeting expectations from key stakeholders, including Group and local regulators. Ensure compliance with Climate Risk Management and Scenario Analysis, asset classification as per the Climate Change and Principle-based Taxonomy, and other relevant requirements from local regulators. Coordinate and push for climate initiatives as part of the Company's transition plan as well as supporting transition of counterparties through engagement with the relevant stakeholders. Responsible for career management, performance assessment and development of the risk team. Motivate and ensuring that the team is well-equipped to achieve desired productivity and deliver results. Secretary to the Risk Committee of the company, to ensure that senior management regularly reviews the risk profile of the business and the associated mitigation plans. Attend and contribute to the other key management committees, in particular including the Local Product Management Committee, Local Management Investment Committee, the Audit, Risk, and Compliance Committee, and Board Risk Management Committee. Driving the direction of Risk Management through planning of Risk Management activities. Preferably a degree in Actuarial Science, Risk Management, Finance or equivalent while a professional certification or relevant technical qualifications are desirable. Minimum 8 years' experience in risk management, compliance, and / or audit in an insurance company, preferably with Actuarial-related experience. Strong knowledge and experience in Financial and Life Insurance Risk Management (Reserving, Pricing, Reinsurance). Experience in product design / pricing and experience study is a plus. Strong understanding of the financial services industry (life insurance, funds management, health insurance, financial planning, distribution). Strong analytical skills and ability to work independently. Excellent communicator / presentation skill and stakeholders' engagement to ensure good problem-solving. Able to contribute business thinking in addition to technical skills and a team player. Highly motivated and drive to ensure continuous improvement on self and the department.
Summary :
- Responsible for implementing risk management processes to meet Company's objectives, local regulatory and group requirements.
- To execute plans and strategize effective risk control metrics and processes to support the business needs; identify, assess, monitor, measure and report on all material / emerging risks faced as guided by the overall risk management approach of the Company.
- Develop and drive a sound, open and pro-active risk culture, working closely and collectively with functional units to support management in ensuring all key risks are reported and properly managed.
- Provide support to the Chief Risk Officer in the risk reporting to Management for information and decision making and to the Board Risk Management Committee for proper risk oversight.
- Drive climate initiatives and ensure compliance to BNM's Climate Risk Management and Scenario Analysis Policy Document.
Responsibilities :
1. Operational Risk Management
2. Financial Risk Management
3. Life Insurance Risk Management
4. Transversal Risk Management
5. Business Continuity Management
6. Climate Risk Management and Initiatives
7. Managerial Responsibilities
8. Other Assignments
Requirements : 1. Education
2. Experience
3. Skills
Create a job alert for this search
Senior Management • Kuala Lumpur, Kuala Lumpur, Malaysia
Related jobs
%20Berhad)
SME digital finance platform in Southeast Asia.We are licensed and operating in Singapore, Indonesia, Thailand, Malaysia and Vietnam, and backed by Sequoia India (Peak XV), Softbank Vision Fu...Show moreLast updated: 30+ days ago
Our Client is a Malaysia-based motorcycle hire-purchase financing provider offering quick approvals, flexible 12- 60 month installment plans, and up to 90% financing coverage.They are seeking an ex...Show moreLast updated: 21 days ago
- Promoted
SCM TPRM Lead, Malaysia
Standard CharteredKuala Lumpur, Kuala Lumpur, Malaysia Role focuses on end-to-end Third-Party Risk Management (TPRM) within SCM Malaysia, aligning with Group standards and local outsourcing guidelines.
Manage the full third-party lifecycle – from outsou...Show moreLast updated: 3 days ago
- Promoted
- New!
Operational Risk Management
AIA Shared ServicesCyberjaya, Selangor, Malaysia 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' -...Show moreLast updated: 12 hours ago
- Promoted
Senior Manager, Technology Risk Audit
Industrial and Commercial Bank of China (Malaysia) BerhadKuala Lumpur, Kuala Lumpur, Malaysia Assist the Head in developing and implementing a flexible audit strategy using appropriate risk based methodology including business process risk assessments for key business lines.Establish work p...Show moreLast updated: 25 days ago
- Promoted
- New!
Manager, Risk
Alliance Bank Malaysia BerhadKuala Lumpur, Kuala Lumpur, Malaysia Assist and guide functional unit on the implementation of operational risk management framework, tools and activities : .
Identify, assess and report operational risks and adequacy of controls; includ...Show moreLast updated: 12 hours ago
- Promoted
Senior Manager, License Management (Malaysia, India)
Standard CharteredKuala Lumpur, Kuala Lumpur, Malaysia This role could be based in India and Malaysia.When you start the application process you will be presented with a drop down menu showing all countries, please ensure that you select a country wher...Show moreLast updated: 3 days ago
- Promoted
Manager, High Risk Client Management
RBCKuala Lumpur, Kuala Lumpur, Malaysia Developing and implementing strategies for all activities relating to one or more business units regarding business conduct and ethical relationship standards.
Providing advice and interpretation of...Show moreLast updated: 23 days ago
Senior Manager, Credit Risk
Funding Societies | Modalku GroupKuala Lumpur, Federal Territory of Kuala Lumpur, MYQuick Apply
- Promoted
Assistant Manager, Enterprise Risk Management & Secretarial
CGC MalaysiaPetaling Jaya, Selangor, Malaysia ERM Framework and Policy Governance.Support the development, implementation, and maintenance of the ERM framework, policies, and procedures aligned with the corporation’s strategic objectives.Assis...Show moreLast updated: 20 days ago
- Promoted
- New!
Senior Manager
Macquarie GroupKuala Lumpur, Kuala Lumpur, Malaysia Join our Risk Management Group as our lead compliance officer in Malaysia, where you will lead Country Compliance oversight for Macquarie Group's business activities.
As a member of the regional Com...Show moreLast updated: 12 hours ago
- Promoted
- New!
Senior Manager
Boardroom Corporate Services Sdn BhdPetaling Jaya, Selangor, Malaysia A career in Boardroom Outsource Services, within Risk, Legal and Compliance, will provide you with the opportunity to make a difference by helping to fully leverage the skills and talents of all ou...Show moreLast updated: 12 hours ago
Credit Risk Manager
Agensi Pekerjaan Great Pyramid Sdn BhdKapar, Selangor, MalaysiaQuick Apply
- Promoted
- New!
Risk Manager
FFM Group of CompaniesSungai Buloh, Selangor, Malaysia FFM Marketing (Consumer Goods).The Risk Manager will identify, assess, and mitigate risks within the organization by developing policies, monitoring compliance, reporting incidents, training staff,...Show moreLast updated: 12 hours ago
- Promoted
Senior Risk & Safety / CFD Consultant (SME)
Bureau Veritas North AmericaKuala Lumpur, Kuala Lumpur, Malaysia Across all our businesses and countries, each one of our people leaves their mark.Being part of the BV family, is more than just working, it’s being convinced that you.
Carry out formal safety asses...Show moreLast updated: 25 days ago
- Promoted
Senior Analyst Lead - Regulatory & Risk Reporting
RBCKuala Lumpur, Kuala Lumpur, Malaysia To ensure all controls are completed in line with the departmental procedures.To assist the Team Manager / Department Head on projects, process improvements or new business initiatives as requested...Show moreLast updated: 5 days ago
- Promoted
- New!
Senior Manager / Manager, Market and Liquidity Risk Management
Industrial and Commercial Bank of China (Malaysia) BerhadKuala Lumpur, Kuala Lumpur, Malaysia Responsible for the design, implementation, and ongoing maintenance of an effective and consistent bank-wide market risk management and Treasury Middle Office Function as follows : .Promote a prudent...Show moreLast updated: 6 hours ago
- Promoted
Senior Manager - Cybersecurity
HartalegaPetaling Jaya, Selangor, Malaysia The Head of Cyber Security is a strategic leadership role responsible for safeguarding the organization's digital assets, IT infrastructure, and sensitive data across both corporate IT and operatio...Show moreLast updated: 30+ days ago
- Promoted
Assistant Manager, Risk & Resilience
PLUS MalaysiaPetaling Jaya, Selangor, Malaysia The incumbent will be responsible to develop, coordinate, and maintain PLUS’s risk management and resilience practices through comprehensive risk assessments and business continuity management.Th i...Show moreLast updated: 3 days ago
- Promoted
- New!
Senior Risk Manager
Standard Chartered BankBukit Jalil, Kuala Lumpur, Malaysia We are looking for a passionate Third-Party Cybersecurity Risk Assessor to join our dynamic cybersecurity team In this critical role, you will assess and manage the cybersecurity risks posed by thi...Show moreLast updated: 12 hours ago