What are the responsibilities and job description for the Director, Operational Risk & Resilience Oversight position at Manulife Insurance Malaysia?
Director, Operational Risk & Resilience Oversight
The Director, Operational Risk & Resilience Oversight (ORRO) will report to and support the Head of ORRO Governance. The Director will be responsible for external engagements which include managing relationships and requirements with regulators, collaborating closely with compliance, internal audit, and key stakeholders in the first line of defense. The role will also be responsible for leading the performance and maturity assessment of ORRO function, developing performance measures and monitoring mechanisms for the team.
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This job description does not represent a comprehensive listing of job duties that are required of the employee performing this role. We reserve the right to change duties or assign additional duties at any time with or without notice.
Position Responsibilities :
- Lead all regulatory reviews and responses relating to Operational Risk, and lead the collaboration with other risk and governance teams as well as key stakeholders in the first line of defense.
- Responsible for all internal reviews (self-assessment, regulatory gap and maturity assessment, internal audits, etc.) from beginning to end, including reporting to our senior leaders and relevant stakeholders.
- Track and monitor changes to regulatory requirements, actively participate in industry forums and monitor and share best practices.
- Oversee quality assessment activities and develop practical improvement plans, communicate with internal team members, external stakeholders and drive through to implementation.
- Support the execution of function improvement programs including enhancements to Risk Programs.
- Responsible for completing the talent gap analysis within ORRM, identify training opportunities and ensure that the team receives adequate training to enhance their skill set.
- Responsible for coordinating team engagement exercises, track action plans and provide updates to the team and senior leaders. Actively engage in company programs such as DEI, Risk Engagement working group and bring back learnings and actions for the team.
- Ensure continuous and effective line of communication across appropriate Lines of Defense risk teams.
- Promote a strong risk culture and oversee relevant risk culture assessment processes.
Required Qualifications :
When you join our team :
LI-Hybrid
LI-JH
About Manulife and John Hancock
Manulife Financial is a leading global financial services provider that helps people make decisions more easily and live better. To learn more about us, visit www.manuvie.com.
Manulife is an equal opportunity employer.
At Manulife / John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as our customers, and to foster an inclusive workplace that leverages the diversity of our employees and the skills of each individual. We are committed to ensuring equitable recruitment, retention, promotion and compensation, and we administer all our practices and programs without discrimination on the basis of race, ancestry, place of origin, color, ethnic origin, citizenship, religion or religious beliefs, gender (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability or any other grounds protected by applicable law.
We have prioritized eliminating barriers to equal access to employment. That’s why a representative from Human Resources will collaborate with candidates who request reasonable accommodation during recruitment. All information communicated during the accommodation request process will be stored and used in accordance with applicable laws and policies of Manulife / John Hancock.
Main Region
Toronto, Ontario
Compressed Work Week
Hybrid
Salary Range
103,050.00 CAD - $185,490.00 CAD
If you apply for this position outside of the main region, please write to recruitment@manulife.com for the salary range corresponding to your region. Salary varies based on local market conditions, geography, and relevant factors related to the position such as knowledge, skills, qualifications, experience, and education or training. Employees also have the opportunity to participate in incentive programs and receive performance-based compensation related to company performance and individual performance.
Manulife offers eligible employees a comprehensive range of customizable benefits, including medical care, dental care, mental health, vision care, short and long-term disability, life insurance, adoption, surrogate maternity, and non-urgent medical care insurance as well as employee and family assistance programs. We also offer eligible employees various retirement savings plans (including pension plans and an international stock ownership plan with employer matching contributions) as well as educational and financial advisory resources. Our generous paid leave program in Canada includes holidays, annual leave, personal leave, and sick leave, and we offer the full range of legally mandated leaves.
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Salary : $103,050 - $185,490