Senior Executive - Regional Risk

LOCKTON COMPANIES (SINGAPORE) PRIVATE LIMITED; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A leading insurance and risk management firm in Singapore is seeking a candidate to manage risk registers and support Divisional leaders in effective risk management. The role involves engaging with users, providing training, and monitoring risks. A Bachelor's degree in finance or a related field is required. Experience in insurance is desirable but not essential. You will collaborate closely with brokers to ensure comprehensive risk coverage and help implement fit-for-purpose systems and controls.

Qualifications

• Bachelor’s degree in related fields such as finance, accounting, economics, business administration or law.

Responsibilities

• Set up and maintain their risk register through engagement and training support.
• Develop risk registers specific to the unit and project risk registers for projects.
• Provide analysis to help Divisional leaders evidence effective risk management.
• Train Divisional risk champions on systems usage.
• Produce management information for reports.
• Conduct focused risk analysis in selected areas.
• Monitor the use of risk registers against stated Divisional strategy.
• Support the BU in actions required to reduce risks.
• Capture significant incidents and emerging risks.
• Lead support users in risk system usage.
• Identify and deliver enhancements to risk management systems.
• Gather and collate all required information.
• Implement fit-for-purpose systems and controls.
• Work closely with Lockton Brokers for risk coverage.

Education

Bachelor’s degree in related fields

Job description

Job Description – Key Tasks and Measurements

• Set up and maintain their risk register through active engagement, training support and challenge
• Develop risk registers to include risks that are specific to the unit and project risk registers for any projects they undertake;
• Provide analysis and management information to help Divisional leaders to evidence effective risk management in compliance with the ERM;
• Train the Divisional risk champions to use the our systems to their fullest potential.
• Produce the management information required to build reports for committee and Board meetings;
• Conduct focused risk analysis in selected areas.
• Monitor the use of the system and risk registers to ensure they reflect the stated Divisional strategy;
• Monitor risks in excess of appetite and support the BU in developing actions required to reduce the risk to within appetite;
• Capture significant incidents and emerging risks and ascertain if new generic risks or controls need to be implemented across the business, or to specific units in response to an emerging risk, or significant incident.
• Take the lead in support users in their use of our risk systems
• Lead the identification and delivery of enhancements and developments to the system to enhance risk management buy in and embedding
• Gather and collate all required information
• Enhance and implement fit for purpose systems and controls to ensure the activity can be conducted in an efficient and accurate manner
• Work closely with Lockton Brokers to ensure the programme covers all necessary risks and activities

Qualification

• Bachelor’s degree in related fields such as finance, accounting, economics, business administration or law

Experience

• Experience in insurance is desirable but not essential