Operational Risk Manager

7 days ago


Taguig, National Capital Region, Philippines Sun Life Full time
Job Description

We are seeking a detail-oriented and analytical Risk Management specialist to join our insurance Governance, Risk & Compliance (GRC) team for Asia to strengthen governance & oversight from a 1st line perspective. This role offers an opportunity to play a crucial part in safeguarding our company's financial stability and operational integrity & resilience, while contributing to the overall success of our business in Asia.

The ideal candidate will be responsible for driving Operational/Compliance Risk programs for business functions across markets and assisting in strengthening the internal control environment. This includes maintaining internal control playbooks, risk assessments, and establishing the quarterly attestation process across the area of responsibility.

This role also involves driving risk assessments related to new business/projects/initiatives within business, implementing risk management strategies and policies to minimize exposure. The successful candidate will identify Operational Risks and provide recommendations on additional controls.

Key responsibilities include driving risk management programs such as Risk Control Self-Assessments (RCSA) & Process, Risk, Control (PRC), analyzing insurance policies, claims data, and operational processes to identify potential risks and vulnerabilities. Monitoring industry trends and regulatory changes to ensure compliance and update risk management practices accordingly is also essential.

The Manager will be accountable for the daily management and oversight of key operational risk programs within the SLF Asia BG. Effective engagement with Business Operations teams and monitoring activities, the quality of the work performed, and the identification and risk-rating of key process and control gaps identified will measure overall success.



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