Senior Risk Manager (1st Line of Defense)
FIDELITY INTERNATIONAL
China, INDIA
3d ago
source : TimesJobs

The role sits within the COO area ensuring that risks in China are understood and managed, issues are identified and resolved, and control frameworks are embedded and understood.

While risk oversight is the primary function, additional responsibilities includes oversight of adherence to Fidelity policies across China.

The individual will need to maintain a wide network of contacts from across the business and work closely with the second and third line oversight functions such as Group Risk, Group Compliance and Audit.

Through this role the individual is expected to contribute and facilitate a culture of open and proactive risk management across China.

Key Responsibilities Drive a proactive and open risk culture within China. Coordinate all first line risk activities for China.

Ensure the Regulatory requirement and internal risk framework is embedded within China. Drive continuous improvement and excellence.

Coordinate major incident and events and ensure that appropriate escalation takes place and mitigation activities are actioned.

Provide analytical commentary and insight including oversight and analysis of risk event reporting; Drive the risk and control self assessments (RCSA) program across China.

  • Track remediation plans and agreed control improvements. Conduct active read across of issues, events and build standardisation and consistency in approach and outputs;
  • Coordinate / chair appropriate committees and oversight forums as required. Prepare risk, incident, and other MI reporting to business stakeholders and senior management.

    Work closely with internal risk and assurance functions (including Group Risk and Internal Audit) and ensure that the risk profile of China is understood and accurately captured in risk systems.

    Challenge existing processes to support the growth of the business. Drive risk management training and education to increase risk awareness of good risk management practices in China.

    Lead thematic reviews and deep-dive assessments (where required) to provide assurance that appropriate controls are in place and are operating effectively and design and implement effective controls.

  • Proactively challenge existing practices and recommend risk solutions in consideration of good customer journeys and outcomes;
  • Assess the impact of industry and regulatory changes, new products, and new businesses on China risk profile Participate in or lead projects and change initiatives and ensure policies and risk / control issues are considered in project decision making.

    Own tracking and resolution of Internal Audit issues. Represent risk functions to China clients as appropriate. Ensure policy oversight across China including risk management, anti-money laundering, anti-bribery and corruption, etc adherence to internal guideline and local regulations as appropriate.

  • Experience and Qualifications Required Proven 8-10 years of experience operating in a senior risk management role within the Financial Services industry Ability to work collaboratively with others and to navigate complex decision points Demonstrated ability to think creatively and strategically on complex business issues of significant impact within an organization Strong attention to detail and a willingness to understand the workings of products and processes Excellent written and verbal communication skills;
  • Fluent in both spoken and written Chinese and English is a must Proven ability to work as part of a global team Strong influencing skills, ability to communicate and justify change Ability to identify key stakeholders and build relationships Flexible and adaptable, responds rapidly to changing business needs.

    Able to prioritise / organise effectively Knowledge of local regulatory requirements Demonstrates resilience, adaptability and good judgement Exhibits personal responsibility and accountability to maintain high standards by continually seeking opportunities to increase efficiency and quality of existing work processes, methods, and systems About you Our Workplace & Personal Financial Health business provides individuals, advisers and employers with access to world-class investment choices, third-party solutions, administration services and pension guidance.

    Together with our Investment Solutions & Services business, we invest $371 billion on behalf of our clients. By combining our asset management expertise with our solutions for workplace and personal investing, we work together to build better financial futures.

    Find out more about what we do, our history, and how you could be a part of our future at www.fidelityrecruitment.com / about-us *Data as of 31 March 2020 Applying to this Job Role Please note you are only required to upload your CV / Resume to the application screen.

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