A

AIA Group

Pan-Asian life insurance provider

Governance Principal

Internal Audit & Controls +1Confirmed live in the last 24 hours
Full-timeKuala Lumpur, Federal Territory of Kuala Lumpur, MalaysiaNo salary listedIn-person

About the Job

Requirements

  • Development, governance and management of effective enterprise solutions and outcomes.
  • Strong strategic, analytical, problem-solving and decision-making skills, with high attention to detail.
  • Proficiency in Microsoft Word, Excel and PowerPoint.
  • Knowledge of Power BI or another data analytics tool is an added advantage.

Responsibilities

  • Act as the primary governance lead for the Corporate Solutions Division (CSD), ensuring effective governance frameworks, policies, processes and controls are established, implemented and maintained.
  • Interpret, assess and translate regulatory developments, industry guidelines and Group requirements into actionable business requirements.
  • Lead implementation and operationalisation of new regulatory requirements, ensuring timely compliance across all impacted functions.
  • Provide strategic advice and guidance to teams and stakeholders on regulatory obligations, governance requirements and emerging compliance risks.
  • Drive governance awareness and foster a culture of accountability, ethical conduct and regulatory compliance throughout the division.
  • Review and strengthen governance processes to ensure alignment with local regulatory requirements, AIA Group standards and industry best practices.
  • Represent the division in governance, compliance and risk forums, committees and management meetings.
  • Oversee effective implementation and monitoring of compliance controls to mitigate regulatory and operational risks.
  • Partner with Compliance, Risk Management, Legal, Data Privacy and other control functions to ensure consistent application of policies and regulatory requirements.
  • Identify, assess, monitor and escalate key compliance and operational risks impacting the division.
  • Lead and coordinate risk assessments, compliance reviews, control testing, quality assurance activities and gap analysis exercises.
  • Monitor remediation activities and ensure timely closure of compliance issues, risk incidents and control deficiencies.
  • Oversee the division’s outsourcing governance framework, including annual outsourcing assessments and regulatory submissions relating to TPAs, APTBs, GI providers and other outsourced service providers.
  • Ensure compliance with Data Privacy requirements by working with relevant stakeholders to maintain robust data governance practices.
  • Provide oversight of departmental risk reporting, risk registers, control attestations and governance reporting to management and enterprise risk functions.
  • Lead internal and external audit engagements impacting the division, ensuring effective preparation, coordination and execution.
  • Serve as the key liaison between auditors and business stakeholders during audit reviews.
  • Establish mechanisms to monitor and track audit findings, management action plans and remediation activities to ensure timely closure.
  • Evaluate audit observations and identify opportunities to strengthen internal controls and governance practices.
  • Drive continuous improvement initiatives to enhance control effectiveness, risk management and regulatory compliance.
  • Oversee governance and compliance aspects of contractual arrangements, client agreements and business partnerships together with Legal.
  • Provide guidance to business stakeholders on legal and contractual governance requirements.
  • Ensure proper contract governance, record management and maintenance of agreement repositories.
  • Monitor contractual obligations, approval processes and review cycles to ensure regulatory and legal compliance.
  • Build and maintain relationships with internal and external stakeholders, including Compliance, Legal, Risk Management, Internal Audit, Data Privacy Office, regulators and AIA Group functions.
  • Coordinate and consolidate responses to regulatory consultations, reviews, surveys and thematic assessments.
  • Support regulatory engagements, inspections and information requests by ensuring timely and accurate submissions.
  • Facilitate communication of regulatory, governance and risk-related matters across the division.
  • Influence stakeholders at all levels to ensure accountability and ownership of governance, compliance and risk obligations.
  • Develop and present governance, compliance and risk dashboards, reports and insights to senior management and governance committees.
  • Monitor key risk indicators (KRIs), compliance metrics and governance outcomes to support informed decision-making.
  • Provide regular updates to divisional leadership on emerging regulatory developments, audit outcomes, risk exposures and compliance performance.
  • Ensure reporting is accurate, timely and aligned with management and regulatory expectations.
  • Lead governance, compliance and risk-related transformation initiatives across the division.
  • Manage cross-functional projects arising from regulatory changes, internal policy enhancements and Group initiatives.
  • Identify opportunities to strengthen governance processes through automation, process improvement and enhanced controls.
  • Champion best practices and continuous improvement initiatives to improve operational effectiveness and compliance maturity.

Desired Qualifications

  • Knowledge of Power BI or another data analytics tool.

About the Company

AIA Group

Pan-Asian life insurance provider

AIA Group provides life insurance and related financial protection across Asia. It sells life insurance, protection, and long-term savings products to individuals and groups, paying benefits and claims when needed. It differentiates itself with a pan-Asian footprint across 18 markets, long-standing customer and agent relationships, and a strong focus on environmental, social, and governance practices. Its goal is to be a leader in ESG while helping millions live Healthier, Longer, Better Lives and creating long-term value for stakeholders.

Company size
10,001+
Company stage
Not listed
Total funding
$618.7M
Headquarters
Central and Western District, Hong Kong
Founded
Not listed

Recently Posted Jobs

Explore more opportunities at AIA Group

See more jobs