Manager/AVP, Sustainability Risk

Great Eastern Life; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading company in Malaysia is seeking a Manager/AVP for Sustainability Risk to advance its sustainability agenda across various sectors. The role involves implementing risk management strategies, ensuring compliance with regulations, and preparing sustainability reports. Ideal candidates will have relevant degrees and significant experience in sustainability or risk management, along with strong communication and problem-solving skills.

Qualifications

• 5-7 years of experience in sustainability or risk management, preferably in the financial industry.
• Familiarity with sustainability standards and regulations.
• Relevant sustainability certifications (SCR, FSA, GRI) are advantageous.

Responsibilities

• Implement sustainability risk management strategies and action plans.
• Drive the implementation of ISSB reporting standards.
• Prepare sustainability reporting disclosures based on relevant frameworks.

Skills

Interpersonal skills

Communication skills

Problem-solving

Critical thinking

Attention to detail

Education

Degree or Master’s in Risk Management, Insurance, Accounting, Sustainable Finance

Job description

Job Description - Manager/AVP, Sustainability Risk (250000JP)

About the Job

To advance Great Eastern Malaysia entities’ sustainability agenda across Life, General, and Takaful and ensure compliance with sustainability regulations and reporting requirements.

Responsibilities include:

1. Implement sustainability risk management strategies and action plans, collaborating with Group Sustainability team and cross-functional departments to execute initiatives aligned with the company’s sustainability strategy and risk appetite.
2. Work with Senior Management and key stakeholders across Life Insurance, General Insurance, and Takaful arms on environmental, social, and governance matters.
3. Drive the implementation of ISSB reporting standards (IFRS S1 and S2), working closely with the Finance team to interpret disclosure requirements and incorporate them into financial reporting.
4. Prepare sustainability reporting disclosures based on relevant frameworks (GRI, TCFD, ISSB).
5. Review internal frameworks and policies to ensure alignment with sustainability best practices and regulatory requirements.
6. Engage with regulators and industry peers to promote best practices in climate risk management and climate-related disclosures in the financial sector.
7. Prepare bi-annual and quarterly sustainability reports for Management and the Board, tracking progress and impact of sustainability initiatives and metrics.
8. Develop and execute internal and external communication plans to raise awareness of sustainability initiatives.
9. Stay updated on relevant sustainability regulations, guidelines, and reporting requirements to ensure full compliance.

Qualifications:

• Degree or Master’s in Risk Management, Insurance, Accounting, Sustainable Finance, or relevant disciplines. Candidates with relevant experience in other fields are encouraged to apply.
• 5-7 years of experience in sustainability or risk management, preferably in the financial industry or consultancy.
• Familiarity with sustainability standards and regulations such as Bursa Malaysia Sustainability Reporting Guide, GRI, SASB, TCFD, UNPRI, UNPSI, ISSB, CRMSA, CCPT, CRST.
• Relevant sustainability certifications (SCR, FSA, GRI) are advantageous.
• Strong interpersonal and communication skills, with enthusiasm for driving change and positive impact.
• Attention to detail, problem-solving, and critical thinking skills.
• Proactive with the ability to work independently.

Success Factors:

• Champion and embody core values daily.
• Maintain high integrity and accountability.
• Proactively drive improvements and adapt to change.
• Ensure business and regulatory compliance, implementing mitigation measures.
• Stay informed on industry trends, regulations, emerging threats, and technologies to proactively identify and address risks.

About Us

Founded in 1908, Great Eastern is a market leader and trusted brand in Singapore and Malaysia, with over S$100 billion in assets and more than 16 million policyholders. It operates through various distribution channels and has subsidiaries in Indonesia and Brunei. Recognized for its financial strength, Great Eastern is part of OCBC, one of the world’s safest and most highly-rated banks.

Note: We do not accept unsolicited resumes from recruitment agencies. Please do not send resumes via email or to employees, as we will not be responsible for any fees incurred.