Head/Lead, Financial Risk

5-8 years
1500 - 1750 MYR monthly
7 months ago 1 Applied
Job Description



JOB RESPONSIBILITIES:
Leading Implementation of Risk Frameworks, Policies and Governance across Tune Protect Group

  • Developing and operationalizing Financial Risk Management framework, process and measurement across the Group.
  • Ensuring effective monitoring and review of Risk Appetite Statements - including the dimensions, alerts, limits, indicators and escalation.
  • Timely review of ICAAP - including formulating of Stress Testing and review of the Capital Management Plan

Reporting to Management Governance Committee, Risk Management Committee and Board of Directors
  • Prepare / Complete all relevant materials/ papers on timely basis highlighting key risks, mitigating controls and action owner

Other Ad-hoc Review and Analysis as and when required by Board and Management, such as:
  • New product, business and strategic initiatives
  • Capital adequacy review and projection
  • Risk-based Capital Planning


QUALIFICATIONS
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics or other related discipline
  • 5 years of experience in Risk Management, Product, or Pricing - preferably in a Financial Institution
  • Progress towards qualification in a recognised Actuarial Profession, CFA or FRM is preferable


OTHER REQUIREMENTS
  • Problem Solver - able to identify challenges, but also brainstorm potential solutions that still meets the governance and risk management standards
  • Thought leadership - able to advise on best practices in area of Financial Risk, and able to be a Subject Matter Expert or Reference Point internally and externally
  • Customer obsession - having customer at the heart of everything, and how we can make things simple for them
  • Stakeholder management - Upwards management with the Senior Management, Board and regulators on their expectations
  • Business Acumen - Ability and desire to understand the business and its challenges, as well as to support business initiatives whilst remaining true to the risk governance framework

Tune Protect Group Berhad is a financial holding company that provides underwriting and reinsurance services for non-life insurance products through its subsidiary and associate companies. We aim to provide our customers with the added confidence to enjoy life's adventures, knowing that they and their loved ones are well protected. At Tune Protect, we believe that everyone deserves to be protected. That is why we are committed to make protection easy to understand, easy to buy, easy to claim, easy to access and easy on the pocket, suiting our tagline ‘Protection Made Easy'. True to our vision of becoming the Leading Digital Insurer, distinctive in its culture, processes and people with a strong customer and employer value proposition, Tune Protect Group has been instrumental in changing the national insurance landscape, spearheading efforts in advancing insurance into the digital space across ASEAN and beyond. We remain committed to be there for our customers, our employees, our partners and our stakeholders for the long-term.