Head of Operations Risk and Governance
The Opportunity
The position is accountable for the forming of Operational Risk and Governance framework and capabilities and improving the operational risk management, creating long-term sustainable capabilities and effective operational risk and governance within Operations.
Position Responsibilities:
Drive the deployment of risk assessment framework as well as assessment of design and effectiveness of key controls.
Report and monitor on key risk indicators (KRIs), operation losses, and incidents.
Analyze QA results, audit results, incidents report, scenario analysis, customer complaints look for common trends and work together with Operations team for action plans
Drive Operations team in performing root cause analysis and action plans to mitigate risks
Promote use of Archer and helps ensure the quality of Archer entries.
Create risk awareness activities within operations and promote good practices and share trends/analytics
Establish best practices on ATO, Privacy, Record Management, User Access, Fraud Management reviews across all operations unit
Audit management, as the key person during the audit - drive the preparation before the audit, assist during the audit process, and drive the activities in reporting stage (review audit report, CAPs)
Ensure CAPs and any other action plans from other risk management and KPI discussions are followed up and no overdue
Coordinate and maintain risk reporting, RCSA (Risk & Control Self-Assessment) design and control testing
Arrange training to create awareness and roll down regional direction and framework
Support Regional Line 1b Initiatives
Required Qualifications:
University degree in any discipline
At least 15 years of working experience, preferably deep knowledge of Operational risks, Compliance or risk management related
Experience in planning, designing and implementing an overall risk management process for a financial organization including but not limited to QA framework, inherent/residual risks, operational risks and compliance, Archer.
Preferred Qualifications:
Experience in the insurance industry or financial services is preferred.
Understanding of the local business, key processes and risks: Big picture view and on the ground knowledge preferred. Needs to engage other stakeholders as needed.
When you join our team:
We’ll empower you to learn and grow the career you want.
We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
As part of our global team, we’ll support you in shaping the future you want to see.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.
Manulife is an Equal Opportunity Employer
At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].
Working Arrangement
Hybrid