Assistant Manager, Risk Management

About FWD Group
FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.
For more information, please visit www.fwd.com
About FWD Takaful Berhad
FWD Takaful Berhad (“FWD Takaful”) is a takaful provider in Malaysia that offers family takaful services. FWD Takaful is licensed under the Islamic Financial Services Act 2013 and is regulated by Bank Negara Malaysia. FWD Takaful is a takaful business unit of FWD Group.
Visit https://www.fwd.com.my
Join us
We’re proud to be a company that encourages and nurtures fearless innovation in achieving our vision of changing the way people feel about takaful. Our teams come from a wide variety of industries and backgrounds because we value developing a truly diverse pool of talent that brings different perspectives and experiences. Our values – committed, innovative, proactive, open, and caring – define who we are and what we do as we work together to bring our vision to life, every single day.
Key responsibilities
Ensure compliance with BNM and other regulatory guidelines, including timely reporting and remediation of issues
Support in overseeing risk assessments for new products, projects, outsourcing arrangements, and digital initiatives
Support in facilitation of RCSA, ICP, KRIs, Risk Incidents, and Issue Management processes across the organization
Support in overseeing operational risk profiling and ensure timely identification, assessment, and mitigation of material risks
Support in incident management and response efforts, ensuring all incidents are reported and escalated to the group office when required
Contribute to risk-related projects and system enhancements to improve efficiency and compliance monitoring
Maintain strong relationships with internal stakeholders (Group FWD, business units) and external parties (regulators, auditors)
Mentor and supervise junior team members and provide guidance on risk and compliance best practices
Coordinate risk awareness programs, training sessions, and internal communications
About you
Bachelor's degree in risk management, Business Administration, or related field
Minimum 6 years of experience in risk management, with 4 years in a Senior Executive / Manager role
Strong knowledge of regulatory requirements (BNM) and enterprise risk frameworks, especially ORM and ORR
Professional certifications (IERP, ICA, LOMA, etc.)
Strong understanding of risk management principles and regulatory requirements
Familiar with BNM regulatory requirements, governance standards, and reporting (e.g., ORR)
Proficiency in risk assessment tools and compliance monitoring systems
Knowledgeable in insurance/takaful operational processes, fraud risk and privacy impact analysis
Excellent analytical, problem-solving, and reporting skills
Strong leadership and stakeholder management capabilities