Assistant Vice President, Group Enterprise Risk Management

hktservice; Hong Kong; On-site; HKD 1,200,000 - 1,800,000; Full time

Job summary

HTK is seeking a senior risk management leader to develop and implement enterprise risk management and regulatory compliance frameworks across the Group. You will advise senior management on risk exposures and coordinate governance, reporting and regulatory change initiatives.

The role covers 2nd line oversight for HKMA/HKIA-regulated entities, ensuring compliance with licensing conditions and supervisory expectations, and leading risk governance forums for management and boards.

Qualifications

• Degree in Finance, Economics, Business, Management, Risk Management or Insurance.
• Minimum 12 years of relevant experience in accounting/finance or business with recent risk management experience in global multinational and/or financial institutions.

Responsibilities

• Support development, enhancement and implementation of ERM and compliance frameworks and governance standards.
• Review and advise on enterprise-wide risks across units, including strategic, operational, financial, technology and regulatory risks.
• Lead and coordinate BCM and crisis response frameworks to ensure business continuity.
• Partner with management to enhance risk governance and drive continuous improvement of risk practices.
• Provide SME on governance, regulatory compliance, conduct risk and regulatory change management.
• Prepare risk reporting, dashboards and KRIs for senior management and boards.
• Monitor regulatory developments and provide strategic recommendations to strengthen risk capabilities.

Skills

ERM

Regulatory compliance

Governance

BCM

Risk reporting

Regulatory change

Stakeholder mgmt

Regulatory monitoring

Education

Finance/Economics/Business/Management/Risk Mgmt degree

Job description

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Reporting directly to the Head of Enterprise & Financial Risk within the Group Risk & Regulatory Department, the incumbent is responsible for supporting the development and execution of enterprise-wide risk management and regulatory compliance strategies across PCCW and HKT Group.

The role serves as a trusted advisor to senior management and business units, ensuring effective identification, assessment, monitoring and mitigation of risks while maintaining compliance with applicable regulatory requirements, including those governed by the Hong Kong Monetary Authority (HKMA) and the Hong Kong Insurance Authority (HKIA).

Your new role

• Support the development, enhancement and implementation of the Group's Enterprise Risk Management (ERM) and compliance frameworks, policies and governance standards to effectively manage the Group's overall risk profile.
• Review and advise the management of enterprise-wide risks across business units, including the identification, assessment, measurement and mitigation of strategic, operational, financial, technology, regulatory and emerging risks.
• Lead and coordinate Business Continuity Management (BCM) and crisis response frameworks, ensuring business recovery and resilience plans remain effective and aligned with regulatory and industry expectations.
• Partner with management committees and senior stakeholders to enhance risk governance, review key risk exposures, and drive continuous improvement of risk management practices in line with the Group's risk appetite and tolerance.
• Provide subject matter expertise on corporate governance, regulatory compliance, conduct risk, operational risk management and regulatory change management.
• Prepare and present risk reporting, dashboards, key risk indicators, emerging risk assessments and governance materials for senior management and Board-level committees.
• Monitor industry developments, regulatory trends and emerging risks, providing strategic recommendations to strengthen the Group's risk management capabilities.

Business Unit Regulatory Risk & Compliance Oversight

• Provide 2nd line oversight and advisory support to regulated entities within the Group, including entities licensed by the Hong Kong Monetary Authority (HKMA) and the Hong Kong Insurance Authority (HKIA).
• Ensure regulated entities maintain compliance with applicable laws, regulatory requirements, licensing conditions, guidelines and supervisory expectations.
• Monitor and assess new regulatory developments, circulars, guidance notes and supervisory communications issued by HKMA, HKIA and other regulators, and evaluate their business impact.
• Conduct regulatory gap assessments and oversee remediation initiatives to address identified control, governance or compliance deficiencies.
• Coordinate regulatory reviews, self-assessments, thematic examinations, licence-related submissions and information requests from regulators.
• Provide risk and compliance advisory support for new products, digital initiatives, strategic partnerships, outsourcing arrangements and technology transformation projects.
• Review and enhance risk management policies, procedures and internal controls to ensure ongoing compliance with regulatory requirements and best practices.
• Facilitate risk assessments covering operational risk, technology risk, cybersecurity risk, outsourcing risk, fraud risk, conduct risk and regulatory compliance risk.
• Coordinate risk governance forums and prepare risk and compliance reports for senior management, management committees and boards of regulated entities.

Overall

• Monitor and coordinate the implementation of new regulatory requirements issued by HKMA, HKIA and other relevant regulatory authorities.
• Promote a strong risk culture across the organization through effective stakeholder engagement, awareness programmes and continuous communication.
• Design and deliver risk management and compliance training programmes to enhance risk awareness and strengthen control effectiveness across business units.
• Provide guidance, coaching and advisory support to business and functional teams on risk management, governance and regulatory compliance matters.
• Lead and support strategic, regulatory and transformation initiatives assigned by senior management

To succeed in this role

• Reputable degree or equivalent in Finance, Economics, Business, Management, Risk Management or i nsurance
• Minimum 1 2 years of relevant working experience in accounting, finance, or business and the recent years in risk management role in global multinational and/or financial institutions (e.g. SVF operators, Banks, Payment service providers, insurance companies / intermediaries)
• Professional certification in relevant fields such as Internal Audit or Risk Management (e.g. CIMA/CGMA, CAMS, FRM, CISA, CISM, etc) would be advantageous
• Experience in managing regulator communication would be advantageous
• Experience in leading a team or as an individual contributor with minimum supervision
• Ability to understand broader business issues
• Proven track record with regulatory transformation & change leadership
• Excellent stakeholder management and presentation skills
• Strong ability to influence senior key regional stakeholders

Ref ID: 63172

Location:

Hong Kong, HK, HK

Business Unit: Group Risk and Regulatory