Senior Business Analyst - Operational Risk Management System Support

AIA Shared Services; Cyberjaya; On-site; MYR 120,000 - 170,000; Full time

Job summary

AIA Shared Services is seeking a Risk and Compliance specialist who will serve as SME for risk systems, support governance, and drive process improvements across markets. You will develop training, guidance, and reference material for end users and work with IT to implement changes.

Requirements include a minimum of 5 years in Risk and Compliance (ideally in life insurance), deep knowledge of the system development lifecycle, and fluent English.

Qualifications

• Minimum of 5 years’ experience in Risk and Compliance, preferably but not mandatorily in the life insurance industry.
• In-depth knowledge of system development lifecycle
• Highly organized, results driven self-starter with excellent interpersonal, communication and influencing skills
• Fluent in spoken and written English with ability to present articulately

Responsibilities

• Support best-in-class Risk and Compliance processes across markets
• Act as SME for Risk and Compliance systems
• Drive continual process improvement initiatives across Risk and Compliance
• Lead effective governance and oversight over all Risk and Compliance systems
• Be key Business Partner to IT teams maintaining Risk and Compliance systems

Skills

Risk & Compliance domain knowledge

Excellent communication

Self-starter

Fluent English

Job description

FIND YOUR 'BETTER' AT AIA We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us. We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives. If you believe in better, we’d love to hear from you.

About the Role

Incumbents will play a key role within Risk and Compliance and be subject matter experts for all Risk and Compliance processes conducted by various systems owned by the function, enabling them to provide guidance, support, training, and best practice to all end users across AIA. The Group Risk and Compliance Business Support will also play a key role to ensure the effective governance, maintenance over all systems as well as ensure that our systems continue to be fit for business process.

The position fulfills the following objectives:

1. To support the continuous improvement and effective execution of best-in-class Risk and Compliance processes across all markets
2. To be Subject Matter Expert (SME) for Risk and Compliance systems
3. Drive continual process improvement initiatives across Risk and Compliance
4. Lead effective governance and oversight over all Risk and Compliance systems.
5. Be key Business Partner to relevant IT teams maintaining Risk and Compliance systems

Training and Guidance

• Develop training and other reference material to support end user adoption and usage
• Facilitate periodic training for relevant new joiners and key system users
• Be key point of contact for general end user system queries

System Support – Change Management

• Document business requirements for change requests
• Review all proposed change requests for business impact and benefit
• Support the change requests with end users & IT support team regarding the software/platform upgrades and maintenance
• Be key point of contact for IT throughout review and development of all change requests
• Work with Head Office to prioritize all approved changes based on business demand
• Communicate system changes to business unit and group functions and facilitate training where needed
• Lead consultation processes as required for material changes
• Prepare UAT plan
• Complete end to end testing for approved change requests
• Develop/update training material for approved changes
• Execute training as required for approved change requests

System Support - System Problems/Application Errors

• As required by IT, support incident review to clarify current expected behavior
• Be key point of contact for any third-party contractor involved in incident resolution
• As required by IT review proposed fixes for potential knock-on impact to other system elements and or business methodologies
• Complete testing of fixes prior to production deployment
• Analyze incident trends and root causes regularly and propose system enhancement if any
• Ensure fixes are tracked and followed up until successful remediation and deployment

System Support – Service Requests/Other Requirements

• Be business approver for system user access
• Be key point of contact to IT support to resolve Service Request queries
• Facilitate weekly governance forums to review all open items related to system performance/maintenance
• Be key point of contact for BU and group functions on all business-related system queries
• On a periodic basis update relevant support materials including training and FAQ and distribute to appropriate end users

System Support – General Requirements

• Develop Annual Maintenance Calendar with IT support team
• Develop SOW as required with any required third parties
• Complete Annual User Recertification
• Complete Disaster Recovery Drills as required
• Lead End to End System Testing for all System Upgrades (Including Planning and Coordination of BU Participants and vendor support)
• Complete annual Third-Party Security Assessment and other associated vendor assessments/checks
• Annual BAU price negotiation
• Billing and invoice reconciliation

Job Requirements

• Minimum of 5 years’ experience in Risk and Compliance , preferably but not mandatorily in the in the life insurance industry
• In-depth knowledge of system development lifecycle
• Highly organized, results driven self-starter with excellent interpersonal, communication and influencing skills
• Fluent in spoken and written English with ability to present articulately

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

“Better” starts with people who reimagine what is possible and turn ideas into meaningful action. At AIA, you will contribute in your own way, help shape outcomes that matter and collaborate with colleagues across disciplines, teams, markets and levels. We will support you to broaden your perspective, strengthen your capabilities and grow your impact. Together, we challenge assumptions, learn from one another and find better ways forward. Bring your ambition, experience and ideas to AIA, and help shape what “better” looks like. View our AIA LinkedIn page Bring your difference to AIA