Assistant Director, Risk Management

Posted 9 Days Ago
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Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Senior level
Financial Services
The Role
The Assistant Director, Risk Management at Prudential will oversee the review and alignment of risk management frameworks, lead risk assessments and report preparations, and enhance risk management practices within the organization. Responsibilities include guiding the Risk Management team, conducting training programs, and supporting assessment of contagion risks.
Summary Generated by Built In

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

  • Continuous review on  PruBSN Risk Management Framework to be aligned with BNM’s applicable requirements, any other local risk policies as well as Prudential Group’s compliance with statutory and regulatory requirements such as Corporate Governance Manual and to also comply with local regulatory body.
  • Develops company risk information requirements, reporting thresholds and methods for determining priorities and to develop forward looking risk reports.
  • Leads the regular review, update and maintenance of  the departments and Company’s Risk Register.
  • Monitors, challenges and tests the adequacy and effectiveness of periodic review of risk assessment performed by risk coordinator and on the completeness of risk information.
  • Follow up regularly with respective risk coordinator on the implementation status (if any) linked to risk mitigation/control measures and identification of new risk. Undertake independent review and assessment of existing operational procedures for continuous improvement.
  • Identifies opportunities for the company wide mitigation of risk through central controls and processes and develops full-fledged risk management capabilities within the risk function.
  • Supports the Chief Risk Officer in the assessment and monitoring of the potential impact of contagion risks arising from other parties (outsource and/or distribution partners) as well as emerging risks.
  • Provides risk management guidance across the company and provides leadership to the Risk Management team
  • Prepare Risk Management report to management and Board of Risk Management Committee
  • Conduct and coordinates risk governance training / risk awareness programs across the company
  • Perform any other task as may be directed by the Chief Risk Officer.

 

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

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The Company
HQ: Central, Hong Kong
52,292 Employees
On-site Workplace

What We Do

In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region.

Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets.

We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information

Prudential plc: https://www.prudentialplc.com/
Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation

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