AVP - Finance - Risk & Control - Life Insurance

The candidate will be a part of the Finance Risk & Control Team and will be responsible for interacting with Actuarial Team as well along with the Financial Planning & Analysis Team.

The candidate should have experience in one of the below mentioned function;

Expertise in Financial Planning & analysis ( Corporate Level) in a Life Insurance Company.

OR

Expertise in Credit Risk, Market Risk, Liquidity Risk in a Life Insurance Comapany.

OR

Expertise in working with an Actuarial Department of any KPO(Life, General or Health Insurance).

Roles & Responsibilities of the role;

- Part of the second line of defense Risk function that works closely with first line of defense teams within the business functions, more specifically in Finance, Investments and Actuarial, Products and Strategy functions.

- Ensure that the risk management governance framework continues to remain updated and relevant as per the regulatory guidelines, requirements of the Board and HSBC global standards.

- To institutionalize risk appetite statement for the Company, monitoring and reporting compliance against the risk appetite statements covering all types of risks.

- Assist Chief risk officer in oversight of enterprise wide risks including financial risk matters and contribute in internal committee forums setup to monitor these risks.

- Able to drive risk control assessment at functional level and also able to coordinate testing of controls and providing assurance to the management over effective working of risk management framework.

- Maintain compliance oversight over compliance of processes with HSBC policies (referred to as functional instruction manuals (FIMs).

- Actively engage with business risk & control managers (BRCM) from Actuarial, Finance & Investments function and support process owners of these functional areas by providing advice, relevant support on risk matters including areas of financial risk like market, credit and liquidity risk