Manager - ALM and Liquidity Risk Management

As part of the ALM and Liquidity Risk Management team, the person works alongside the team leader to formulate Group’s and entities’ risk management policies and strategies relating to Asset-Liability Management (“ALM”), Liquidity Risk Management and Solvency. The key responsibilities include, but are not limited to the following: Formulate and review of the Group's and entities' Risk Appetite such as the Internal Target Capital Level and Risk Budgets that govern the Group’s and entities’ risk-taking activities. Formulate and review the Group risk management policies and methodologies relating to ALM, Liquidity Risk Management and Solvency stress / sensitivity testing. Perform independent risk monitoring and analyses relating to ALM such as overall fund-level duration gap and key rate duration analysis, and GE’s liquidity position. Perform solvency-related analysis to guide decision-making (e.g. Strategic Asset Allocation) and hedging strategies relating to financial risks using the Stochastic Asset-Liability Model and other FRM tools. Monitor and report Group-wide financial risks to Group Asset-Liability Committee and Board Risk Management Committee through the Group Financial Risk Dashboard. Conduct and coordinate assessments of the Group’s and entities’ enterprise risk profile for the Group’s Own Risk and Solvency Assessment (“ORSA”) including taking into account emerging financial risks that could affect the Group and the appropriate action plans. Coordinate the Group-wide internal stress/sensitivity testing as part of ORSA. This includes coordinating with various stakeholders in the preparation of entities’ stress testing results, review accuracy of results, consolidation of Group results, and present the result analyses to supervisors. Provide support and advice to entities to adopt risk management strategies relating to ALM, Liquidity and Solvency that are consistent with Group policies and requirements. We are looking for people who At least 5 years of working experience in an Actuarial or Financial Risk Management related roles; Degree in Actuarial Science, Financial Engineering, Mathematics or Statistics. Qualified or near-qualified actuaries are preferred. Well-versed in Singapore Risk-Based Capital (“RBC”) Framework. Knowledge in Malaysia RBC and Indonesia RBC would be a plus. Strong analytical skills and dynamics; Excellent interpersonal and communication skills; Prior experience in of VBA, Python and SQL will be an advantage. How you succeed Champion and embody our Core Values in everyday tasks and interactions. Demonstrate high level of integrity and accountability. Take initiative to drive improvements and embrace change. Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively. Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively. Who we are Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes. #J-18808-Ljbffr