Risk Specialist (Fraud and Financial Risk) - #88247

FWD Life Insurance Corporation

Date: 4 days ago
City: Taguig, Metro Manila
Salary: ₱30,000 - ₱35,000 per month
Contract type: Full time

The Risk Specialist is responsible for assisting in the execution of the annual Risk Management Plan. The job provides and uses in-depth analysis to identify emerging risks, new opportunities and movement in existing risks that could impact FWD. Risk disciplines to cover but not limited to:

• Financial risk (Credit, Liquidity, Market)

• Insurance risk

• Legal and Compliance risk

• Operational risk

• Technology risk

• Strategic risk

Key Responsibilities

1. Assists in the execution of the annual Risk Plan and the assigned risk disciplines as directed by the CRO and/or Risk Management Director. Primary focus but not limited to the following tasks:

  • Fraud Risk Management: Review business processes and controls, data analysis, monitoring and reporting.
  • Financial Risk Management: Reporting and monitoring following FWD's risk appetite,
  • Key Control Self-assessment for various business process or projects.

2. Assists in the management of risk through identification of potential emerging risks and mitigation strategies. Keep abreast of risk management and regulatory changes.

3. Assists in the management of risk through providing training and guidance to all Philippine employees on risk management discipline.

4. Provides the risk team heads with recommended strategic initiatives and process enhancements.

Skills and Experience

  • Bachelor's degree in Finance, Accountancy, Math/Statistics, Information Technology.
  • Professional certifications in Risk Management, Compliance or Audit an added benefit.
  • 2 years of professional experience in Risk Management/Compliance or Audit or 2 years experience in a first line operational role within a life insurance company.
  • Position is open for internal mobility.
  • Strong communication skills required with the ability to communicate appropriately with all levels within the organization. Ability to create presentations and other material to easily communicate Risk related matters.
  • Ability to conduct root cause analysis and aid the business in identifying alternate resolutions to issues.
  • Assist the business in identifying new processes or controls as needed when working with the business on strategic projects or assisting them in resolving incidents.
  • Ability to come up with meaningful information from data available and be able to present it to management to help come up with a risk-based decisions

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Appointment Setter/Telemarketer (WFH)

Eastvantage, Taguig, Metro Manila
1 day ago
BGC, Taguig Permanent Answering calls, booking appointments for our team Help responding to leads and following up on various marketing campaigns we run You will also assist with the marketing campaigns. Cold calling prospective clients (from healthcare industry) Follow up clients if they receive the market campaigns Strong communication skills/ no strong accent Good phone voice & sounds professional Work...

Operational Risk Manager

Viventis Search Asia, Taguig, Metro Manila
1 day ago
In this role, you will:Lead complex initiatives designed to mitigate current and emerging risks with broad impactAct as key participant in monitoring, evaluating, and measuring the impact of decisions practiced in Control Management functional areaMonitor moderately complex business specific programs, and provide risk management consulting to support the business in designing and implementing risk-mitigation strategiesMonitor, measure, evaluate, and report on...

Tax Compliance Associate (Controllership)

East West Banking Corporation, Taguig, Metro Manila
5 days ago
The position plays a vital role in carrying out the Controllership requirements which includes tax reporting and auditing, financial accounting, loans and treasury, reporting, reconciliation The position is responsible for following Standard (Accounting) Operations Procedures and ensures the accuracy and timeliness of reports prepared or generated. Analyzes data and prepares financial documents and reports for internal and external purposes, consistent...