Job Responsibilities:
- Actively participate in product development process by providing comments from risk perspective on proposed product ideas and initiatives.
- Have regular dialogues with the first line functions on risk issues. Attend committees and meetings and provide comments from the risk perspective as appropriate, e.g. at weekly meeting with Product Strategy & Actuarial, PDWG, PCWG, and related working group meetings.
- Lead the risk review in new product proposals, covering both operational and financial aspects.
- Review and comment on the first line functions risk control processes.
- Escalate material risk issues or risk control deficiencies to the Head of FSR.
Structural Risk Management
- Lead the risk endorsement and independent quantitative studies in SAA review, capital planning and shareholder dividend planning.
- Review and comment on assumptions, methodologies, scenarios and result of Stress Capital, Economic Capital, Earning at Risk, Liquidity Stress Testing etc.
- Review and comment on the Structural Risk AAMPs. Provide training and support to the first line functions on operationalizing the risk policies and ensuring AAMPs are raised for breaches or exceptions.
Risk Governance and Reporting
- Take charge of FRC agendas related to Product Risk and Structural Risk, ensure timely escalation of significant risk issues to FRC.
- Lead the implementation and review of the localized Group Risk Policies & Standards related to Product risk and Structural Risk.
- Be the active contributor in management reporting including MBR and various Group Risk initiatives.
- Lead the local implementation and continuous improvement of Corporate Policy Governance.
Risk Initiatives and Projects
- Carry out quantitative and qualitative risk analysis on specific risk issues, including product sensitivity testing, dividend short fall, etc.
- Ongoing enhancement of risk models/tools, methodologies, and risk reports
- Assist the Head of FSR to drive projects or initiatives as needed.
Qualifications:
- Degree holder in Actuarial, Risk Management, Investment, or Finance
- At least 5-8 years experience in Risk, Financial risk, Actuarial, Investment, ERM
- Strong knowledge in actuarial concepts and methodologies, investment analytics, risk management methodologies and industry best practices
- Good understanding of ERM principlesand philosophy
- Able to work with all levels of management and across business units and departments
- Good command in English
In accordance with recruitment policy and hiring standard of AIA (Thailand) Company Limited, after completing the selection process, you are required for criminal background check before joining the company. Your criminal record information will be retained according to the PDPA policy of the company. As per attached link [https://www.aia.co.th/th/about-aia/privacy/candidate]
