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Head of Operational and Technology Risk Management
atPrudential Life Assurance (Thailand) PCL.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.
Role Purpose
The Head of Operational and Technology Risk Management at Prudential Thailand plays a pivotal role in safeguarding the company’s operations, financial health, and reputation by effectively managing operational and technology risks.
Key Accountabilities:
- Oversight of the Operational and Technology Risk teams as a second line of defense in the day-to-day execution and management of the operational risk framework to include key risk management activities such as: Operational Risk Event (incident) reporting and error resolution, Risk & Control Self-Assessment, New product risk assessment, setting of Key Risk Indicators and training to the risk owners to promote awareness of operational risk.
- Support the Chief Risk Officer to:
- Roll out the Operational and Technology risk framework and strategy for the Company with particular emphasis on the risk and control self-assessments. This includes defining the Operational and Technology Risk governance, top risks reporting, risk appetite metrics, control inventory framework, capital assessment using the scenario analysis and MI reporting,
- Manage and constantly enhance the Risk and IT Risk Committee reports,
- Ensure the dashboard on risk performance is well developed and appropriate,
- Provide timely information to the Directors, PLT Executive Committee, and the Group Risk teams.
- Own and drive the process of embedding the Operational and Technology risk framework throughout the business areas and contribute to the risk and control culture of the organization through knowledge sharing and awareness on the importance of risk management.
- Organize and facilitate workshops for process mapping of key business processes, the identification and assessment of inherent business risks and controls.
- Influence and monitor progress of action plans to improve the risk and control environment arising from risk assessments, risk monitoring, internal audit, and regulatory inspections.
- Act as second line of defense to ensure the business continuity plan remains fit for purpose and participate in the tests to ensure the control environment is appropriate.
- Build and maintain credible relationships with internal and external stakeholders, including Group Risk, Group Wide Internal Audit, the Thai Life Assurance Association and the OIC.
- Promote an appropriate culture of awareness and attention to Operational and Technology Risk management throughout the Company in line with evolving regulatory requirements and enhancing the Operational and Technology Risk reporting and governance.
- Provide timely quality advice, and training to the business lines so that the business owners can manage its risks and meet its regulatory obligations.
- Be aware, maintain knowledge and adhere to the relevant regulatory and legal obligations, including local and wider group policies.
Minimum requirements:
- Minimum 7 years’ Risk Management experience of which at least 3 years has been spent in managerial roles.
- Operational Risk management and/or Technology Risk management related qualification (Preferable)
- Working knowledge of the Life Insurance Industry (Preferable)
Capabilities:
- Customer Focused
- Ability to provide balanced Commercial and Risk based advise
- Strong communication skills (both written and oral)
- Solid quantitative and qualitative analytical skills,
- Attention to detail
- Strong desire to build a career in risk and compliance
- Ability to work with a fair degree of autonomy and demonstrate initiative and a sense of personal accountability, but remain a team player and enjoy contributing in a cooperative environment
- Ability to work well in a small, collaborative team
- Strong integrity and professionalism
Refer to Prudential Life Assurance (Thailand) Public Company Limited’s Privacy notice regarding recruitment at https://www.prudential.co.th/corp/prudential-th/th/privacy-notice-staff/, and please be informed that company conducts criminal background checks for all positions during hiring process.
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.
Skills required
- Risk Management
- Compliance
Experience required
- 7 years
Salary
- Negotiable
Job function
- Senior Management
Job type
- Full-time
Company overview
Size:2000-5000 employees
Industry:Insurance
Location:Bangkok
Website:prudential.co.th
Founded in:1995
Ranking:4.5/5
ก้าวหน้าไปกับพรูเด็นเชียลที่พรูเด็นเชียล หาก คุณคือผู้ที่มองโอกาสในความก้าวหน้าอยู่เสมอในสภาพแวดล้อมที่มีการเปลี่ยน แปลงอย่างรวดเร็ว เราขอมอบโอกาสในอาชีพที่โดดเด่นให้คุณ เพื่อเก็บเกี่ยวความสำเร็จในอนาคตที่พรูเด็นเชียล พนักงานจะไม่ถูกปิดกั้นความสามารถ เราเชื่อมั่นว่าพนักงานมีคุณค่าต่อองค์กร และพร้อมท ... Read more
Head office: 9/9 ATSATHON BUILDING FL. 22-27 THANON SATHONTAI
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