Senior Manager, Risk Management

​About FWD Vietnam

FWD Group is a pan-Asian life insurance business with more than 13 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. The company was established in 2013 and is focused on changing the way people feel about insurance. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience.

FWD Vietnam was established in 2016 and is a member of FWD Group. 

For more information, please visit www.fwd.com.vn

PURPOSE:

• Provide independent risk advice, lead the construction of ERM and financial risk sub-functions, and collaborate to build an effective 1st line risk management function for the business.

KEY ACCOUNTABILITIES:

• Lead with direction from Head of Risk Management in establishing local ERM Framework, Risk Appetite Framework, risk metrics and limits, KRIs in accordance with Group standards, local regulations and Corporate Governance Framework.

• Collaborate with the First Line of Defence to implement an effective ERM Policy, Risk Appetite Framework, risk management policies and procedures to manage different types of risks and establish strong relationship with local stakeholders and Group Office (GO)
• Proactively lead (i) monitoring on Strategic risks, Insurance risks, ALM & Market risk, Compliance and Operational risk exposures against Risk Appetite and (ii) provide regular updates, actual/potential breaches, and emerging risk escalation to Senior Management, various committees, the Board and GO.
• Promote a resilient and proactive risk culture across the organisation; assist in measuring the Risk & Compliance (RC) KPI, provide quarterly self-assessment to Management / Risk & Compliance Committee (RCC), and GO.
• Assist the Head of Risk Management in establishing and implementing an internal control system to align with Group standards, local regulations and the Corporate Governance Framework; (ii) lead defining and executing annual KCSA plan; (iii) conduct annual Risk and Internal Control Certification to GO.
• Provide a holistic independent view on risk issues, review and challenge risk assessments and the mitigation strategies proposed by the First Line of Defence; maintain and update Company Risk Profile with timely communication and escalation to relevant Governance functions; coordinate with business users in regular risk assessment process to identify new risks, controls, and actions to reduce or mitigate identified risks;
• Assist the Head of Risk Management with respect to new legislations, to conduct gap analysis and define actions to ensure the Company’s risk management and internal control system, and other financial risk management aspects comply with Law.
• Ensure issues and incidents are effectively managed and addressed, including timely escalation, communication, promoting awareness, working with 1st line for preventing recurrence, and proper closure and all deliverables in the risk management plan are timely delivered with good quality.
• Coordinate to facilitate RCC meetings, Risk Workshops, preparation of risk reporting to the RCC and other relevant committees, and escalate any significant risks/issues identified and their related update to the Board.
• Continuously self-develop to obtain sound knowledge all aspects of risk management function; especially ERM and financial risk areas.
• Assist the Head of Risk Management with other tasks as required.

QUALIFICATIONS / EXPERIENCE

• 5+ years of experience in risk management, financial and operational risk, and/or control areas.
• Interaction with Senior Management Team and Group Office Executives
• Experience with regulatory filing

KNOWLEDGE & TECHNICAL SKILLS

• Understanding of the interactions between assets and liabilities, capital, product, financial reporting, operations, and related business risks
• High attention to details and have good analytical skills
• Sound independent judgement
• Critical thinking ability and able to speak up.
• Excellent communication skills (both in English and Vietnamese)
• Drive for personal growth