Actuarial Specialist, Asia Financial Risk

The Asia Financial Risk team provides oversight in the management of market risk, liquidity risk, local solvency risk, asset-liability activities and corresponding exposure against limits for the Asia segment including the legal entities through which it operates.

Position Responsibilities:

• Provide oversight in the management of market risk including interest rate risk, non-fixed income risk, foreign exchange risk, hedging effectiveness, etc.

• Provide oversight in the management of liquidity risk including implementation of various liquidity risk policies in business units, discussion of liquidity risk staging and monitoring of liquidity risk metrics

• Work collaboratively with the Group Financial Risk Management to provide insight, challenge and oversight of risk-adjusted returns, recommendation to the Asia CRO, the Head of Group Financial Risk, business unit CROs and the Head of Asia Financial Risk on proposals going to the Asia ALCO and business unit ALCOs, and on new products that introduce market and / or liquidity risk

• Assist in propose market risk limits for the Asia Segment, enhance the segment risk appetite limits framework on market risk, liquidity risk and local solvency risk

• Work collaboratively with the Group Financial Risk Management on the development and measurement of risk exposures for the Asia Segment and business units, provide effective support and propose enhancements to timely risk measurement and reporting

• Provide effective support to hedging activities to mitigate risk, including interest rate, equities and FX derivatives

• Monitor market and liquidity risk exposures against approved limits and be able to clearly explain changes in exposures

• Support on various ad hoc stress testing on financial and liquidity risk

• Coordinate effectively with internal stakeholders including business units, Asset Liability Management, Group Financial Risk Management, Actuarial, Finance etc., ensure Asia and business units ALCOs are operating effectively.

• Raise awareness and increase understanding of market and liquidity risk in the segment and business units, including risk metrics such as Economic Capital, Earnings at Risk, liquidity ratios, etc.

Required Qualifications:

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or a related field

• Actuarial qualification is preferred. 

• Minimum of 3-5 years of experience in market risk management, financial risk analysis, or a related field. 

• Strong quantitative and analytical skills, with experience in risk modeling and statistical analysis.  

• Excellent communication and presentation skills, with the ability to convey complex concepts to non-technical audiences. 

• Strong understanding of financial markets, instruments, and economic factors influencing market risk. 

• Knowledge of regulatory requirements related to market risk management.

When you join our team:

• We’ll empower you to learn and grow the career you want.

• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

• As part of our global team, we’ll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

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 the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (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 ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

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