Your key responsibilities
- As part of a team of professionals, provide advisory services to clients on the development and implementation of policies, systems and controls, and regulatory issues
- Provision of regulatory compliance, risk assessment, business process controls and operational projects, including the development of project plans and approach
- Design, enhancement, implementation and review of risk and compliance programs
- The assessment of enterprise-wide, operational and/or regulatory risk at all levels of the client’s corporate structure
- Analyze client’s current business processes and understand their risk management environments
- Assist clients in understanding and meeting regulatory requirements, including responding to the findings of regulatory examinations
- Review policies and procedures against Hong Kong regulatory requirements and against international best practices, identify opportunities for enhancement, assist clients in developing an implementation strategy and resolve implementation issues
- Maintain up-to-date knowledge of regulatory developments both locally and internationally
- Develop business opportunities and potential openings with clients
Skills and attributes for success
- Experience in analyzing or advising clients / business stakeholders on current and emerging Hong Kong risk and regulatory matters will be a definite advantage
- Ability to interact with executive levels of client and EY management
To qualify for the role you must have
- University degree majoring in risk management, accounting, analytics, actuarial, information systems or business related subjects
- Knowledge and hands-on experience with Hong Kong, APAC and global insurance regulations
- Practical experience across disciplines such as enterprise risk / operational risk / conduct risk / third party risk / regulatory advisory / internal controls / regulatory risk management / risk analytics / risk and internal control frameworks
- Experience in the financial services industry, preferably in a international accounting/advisory/consulting organization or multinational insurance company or insurance regulator
- Knowledge in analyzing regulations and proposed regulatory changes
- Excellent communication and presentation skills
- Strong communication skills in English and Chinese (spoken and written)
Ideally, you’ll also have
- Working knowledge of Insurance Risk Based Capital regimes (Pillar 2 / ERM), Financial Risk, Product Risk, Own Risk and Solvency Assessment (ORSA), Stress and Scenario testing
- An understanding of industry standards for internal controls / risk management such as COSO ERM/ICF, ISO 31000, COBIT etc
- Experience using eGRC platforms such as RSA Archer, Metricstream, BWise, Refinitiv, Openpages etc
- An understanding of insurance distribution models
- Effective time management and project management, interpersonal and influencing skills are essential
- Client-service oriented and accustomed to taking a proactive approach
- Relevant professional qualifications such as HKICPA, CFA, FRM are preferred
- Strong project management and coordination skills
- An international outlook having worked for large multinational clients or across multiple geographies
What working at EY offers
- Support, coaching and feedback from some of the most engaging colleagues around
- Opportunities to develop new skills and progress your career
- The freedom and flexibility to handle your role in a way that’s right for you