Award winning Executive recruitment company, Monroe Consulting Group is recruiting on behalf of a leading international insurance provider with a strong presence across Asia Pacific. The company is recognized for its largest publicly traded life insurance group. They are seeking an experienced Financial Risk Manager to join their Bangkok office to support the local operations.
We are seeking an experienced Financial Risk Manager to join the team in Bangkok. This position will oversee end-to-end financial risk management, from product, market and risk governance and reporting.
Job Responsibilities
Product Risk Management
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 meetings with Product Strategy & Actuarial, related product development working group meetings.
Lead the risk review in new product proposals, covering both operational and financial (including reinsurance) aspects.
Support the governance of product and reinsurance approval.
Review product monitoring results and recommend mitigation actions if applicable.
Escalate material risk issues or risk control deficiencies to the Head of Financial Risk team and Head of ERM.
Market Risk Management
Perform an independent risk assessment in SAA review and capital planning.
Review and comment on assumptions, methodologies, scenarios and results of Stress Capital, Economic Capital, Earning at Risk, Liquidity Stress Testing etc.
Monitor the financial key risk tolerance and KRIs.
Risk Governance and Reporting
Take charge of Financial Risk Committee agendas related to Product Risk and Market Risk, ensure timely escalation of significant risk issues to the Committee.
Lead the implementation and review of the localized Group Risk Policies & Standards related to Product risk, Reinsurance Risk and Market Risk.
Job Requirements
Relevant degree in Actuarial, Risk Management, Investment, or Finance
Relevant years of experience in Risk, Financial risk, Actuarial, Investment, Product ERM
Strong knowledge in actuarial concepts and methodologies, investment analytics, risk management methodologies and industry best practices
Good understanding of ERM principles and philosophy
Able to work with all levels of management and across business units and departments
Good command in English and Thai
