Vice President, Risk Management recruitment
HSBC Insurance has over 6,500 dedicated staff worldwide engaged in insurance activities to provide services to personal and corporate customers to over 20 countries and territories. In Singapore, we have a dynamic team of over 600 employees and financial planners at our tied agencies serving the local market.
HSBC Insurance is a customer-focused organisation dedicated to providing quality products and services. In Singapore, we provide insurance for both individuals and corporations. This includes life insurance, investment linked savings plans and personal lines insurance for our personal clients and their families. For corporations, we offer a full range of employee benefits, liability, marine, medical and property insurance. HSBC Insurance also caters to specialty markets such as Takaful products for the Muslim community. Services include comprehensive insurance programmes and tailor-made schemes for corporate and individual customers, ensuring that all clients insurance needs can be met by one financial services organisation.
Principle Accountabilities
- Implement the Group Insurance Risk Management Framework (GIRMF) within the local business unit
- Foster a risk awareness culture and optimize risk-rewards balance within business operations
- Review and challenge, as necessary, risk assessments by Risk Coordinators of all business and support units on their risk assessments, as well as review the progress of implementing mitigation action plans
- Prepare consolidated risk reports to local, regional and global Risk Committees
- Develop and implement an internal control framework and annual work plan of control review and monitoring activities, to ensure a robust and consistent internal control environment is in place in Singapore
- Monitor and report on the adequacy of controls in mitigating operational risk including leading onsite internal control reviews of business and support functions to evaluate whether the system of internal controls complies with established policies, procedures and applicable regulations
Skills/Attributes
- Degree with a minimum of 9 years of relevant experience in risk management, internal control, audit or operations in insurance companies
- Excellent communication, interpersonal and influencing skills
- Able to work independently including working with internal and external senior stakeholders