Financial Risks Manager
6 days ago
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.
In this role, you will support the Financial Risk Management to produce reports and manage the financial risks facing the company, conduct risk analysis and provide recommendations to top senior management for better risk management.
Financial Risk Management
- Assist in the second line oversight of the financial risks for PVA.
- Ensure compliance with the Group Financial Risk Framework & Policies.
- Collate and analyze the output of the financial risk appetite metrics and follow up.
- Collect information and prepare the financial assessment of potential/ existing partners through due diligence process.
- Produce financial risk reports and assessments.
- Strengthen organizational risk culture.
Risk Governance
- Assist in the preparation of items to the Risk Committee for signing off/ noting as per PVA and/or Group Risk Framework.
- Assist in the preparation of items to other forums, such as ALCO, Persistency taskforce.
- Assist to coordinate in escalation of financial risk issue and breach to financial risk appetite/ limits where required, in line with the escalation procedures prescribed in Group Risk framework.
- Support to monitor and report alarming FRM situations, outsourcing issues and action plan for financial risk mitigation to PVA Risk Committee and Group Risk team, where required.
- Assist local compliance team to identify and escalate any local regulations which conflict with Group Risk Framework and financial risk policies to Group Risk/ HO risk.
Risk Analytics & Insight
- Perform data analysis on the projects assigned.
- Collect information and prepare the financial assessment of potential/ existing partners through due diligence process.
- Support FRM team in ad-hoc Product review.
Support with ad-hoc requests from time to time by line manager.
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