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FSO Consulting / Hong Kong
FSO - Consulting - BC - Insurance Risk (FSRM) - Manager/Sr.Associate - Hong Kong FSO - Consulting - BC - Insurance Risk (FSRM) - Manager/Sr.Associate - Hong Kong
Hong Kong
EY
Published on www.ey.com
25 Oct 2023
FSO - Consulting - BC - Insurance Risk (FSRM) - Manager/Sr.Associate - Hong Kong
The opportunity
We are currently looking for individuals with experience working in the Insurance sector or advising Insurance clients and who possess strong risk management, regulatory and internal controls knowledge to join the Financial Services Risk Management team in EY
Your key responsibilities
As part of a team of professionals, provide advisory services to clients on the development and implementation of policies, systems and controls, and regulatory issues
Provision of regulatory compliance, risk assessment, business process controls and operational projects, including the development of project plans and approach
Design, enhancement, implementation and review of risk and compliance programs
The assessment of enterprise-wide, operational and/or regulatory risk at all levels of the client’s corporate structure
Analyze client’s current business processes and understand their risk management environments
Assist clients in understanding and meeting regulatory requirements, including responding to the findings of regulatory examinations
Review policies and procedures against Hong Kong regulatory requirements and against international best practices, identify opportunities for enhancement, assist clients in developing an implementation strategy and resolve implementation issues
Maintain up-to-date knowledge of regulatory developments both locally and internationally
Develop business opportunities and potential openings with clients
Skills and attributes for success
Experience in analyzing or advising clients / business stakeholders on current and emerging Hong Kong risk and regulatory matters will be a definite advantage
Ability to interact with executive levels of client and EY management
Requirements:
To qualify for the role you must have
University degree majoring in risk management, accounting, analytics, actuarial, information systems or business related subjects
Knowledge and hands-on experience with Hong Kong, APAC and global insurance regulations
Practical experience across disciplines such as enterprise risk / operational risk / conduct risk / third party risk / regulatory advisory / internal controls / regulatory risk management / risk analytics / risk and internal control frameworks
Experience in the financial services industry, preferably in a international accounting/advisory/consulting organization or multinational insurance company or insurance regulator
Knowledge in analyzing regulations and proposed regulatory changes
Excellent communication and presentation skills
Strong communication skills in English and Chinese (spoken and written)
Ideally, you’ll also have
Working knowledge of Insurance Risk Based Capital regimes (Pillar 2 / ERM), Financial Risk, Product Risk, Own Risk and Solvency Assessment (ORSA), Stress and Scenario testing
An understanding of industry standards for internal controls / risk management such as COSO ERM/ICF, ISO 31000, COBIT etc
Experience using eGRC platforms such as RSA Archer, Metricstream, BWise, Refinitiv, Openpages etc
An understanding of insurance distribution models
Effective time management and project management, interpersonal and influencing skills are essential
Client-service oriented and accustomed to taking a proactive approach
Relevant professional qualifications such as HKICPA, CFA, FRM are preferred
Strong project management and coordination skills
An international outlook having worked for large multinational clients or across multiple geographies
What working at EY offers
Support, coaching and feedback from some of the most engaging colleagues around
Opportunities to develop new skills and progress your career
The freedom and flexibility to handle your role in a way that’s right for you
About EY
As a global leader in assurance, tax, transaction and consulting services, we’re using the finance products, knowledge and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities, and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2023 a reality.
If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.
Join us in building a better working world.
Apply now.
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