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URGENT - IFRS 17 Global Delivery & Change Management

  • Location:

    Hong Kong

  • Salary:

    Negotiable

  • Contact:

    King Cheung

  • Contact email:

    king.cheung@weareoliverjames.com

  • Job ref:

    JOB-042021-141193_1620637042

  • Published:

    18 giorni fa

  • Expiry date:

    2021-06-09

The IFRS 17 Change & Implementation (C&I) Analyst supports the Global and Country Level Implementation Teams to successfully design, delivery and embed the IFRS 17 change, working closely with Insurance, Finance, Risk and the business. The role holder plays a key role in translating business strategy into training, identifying the enterprise-wide impacts of change and/or in the activities required to ensure effective implementation.

The IFRS 17 Change & Implementation (C&I) Analyst responsibilities will include:

  • Developing IFRS 17 Training Strategies and Plans Approach at a global and country level; work with key stakeholders to socialise key concepts and obtain sign-off
  • Manage the design, development and continuous improvement of all training programs (outsourced or in-house) for IFRS 17
  • Oversee the scheduling and completion of all training and related learner communications
  • Develop an approach to gather and action training feedback and inform broader capability development initiatives to prepare the business for the new Standard
  • Develop metrics to track progress and make recommendations on management of risks and issues.
  • Manage the IFRS 17 Portal ensuring all content is recorded and uploaded in a timely manner
  • Support the definition, development and execution of Business Readiness Activities, including global and local readiness checklists, Model Office activities, dress rehearsals and comparatives
  • Support the Country project managers to track in-country readiness; share advice and other market practice to help address and close gaps identified

Principal Accountability's:

  • Employ an improvement mindset to participate actively and constructively in the work of the team.
  • Support the development and delivery of the business as usual end state and transition model.
  • Without guidance, support change management and implementation activities, such as training and communications.
  • Without guidance, support business readiness activities and pilots.
  • Use systematic thinking and creativity to recommend strategic solutions, which are cost effective and practical.
  • Understand business and Finance priorities, drivers and challenges and how own project fits in.
  • Support workshops with multiple stakeholders.
  • Conduct stakeholder analysis using appropriate tools for context and recommend change management actions based on findings.
  • All required documents completed
  • Activities prioritised and completed to required quality standards, in accordance with procedures and within agreed timescales and budgets
  • Line Management feedback on completion of activities and tracking of status during project life-cycle
  • Feedback from key Finance stakeholders

Operational Effectiveness & Control

  • Apply tools and processes to enable the communication and training strategy to be implemented.
  • Apply tools and processes to support effective transition to the new operating model.
  • Manage document maintenance and robust change control
  • Implement governance processes.
  • With guidance, conduct end project evaluation and share experience.
  • Adherence to all relevant procedures, keeping appropriate records, timely updates to project life-cycle documentation as per the activities;
  • Risks and issues log
  • Project plans

Role Context (The environment and operating conditions of the role including the extent of guidance and authority)

  • The role holder will provide the business with effective operating models and change plans which take into account group strategy and the challenges or risks that the group faces.
  • The role holder will collaborate with colleagues as part of a team.
  • The role holder will engage with stakeholders across the bank, principally in Insurance, Global Finance and Transformation.

Management of Risk (Operational Risk / FIM requirements)

  • The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
  • This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring.
  • Also by addressing any areas of concern in conjunction with line management and/or the appropriate department

Observation of Internal Controls (Compliance Policy / FIM requirements)

  • Maintains internal control standards, including timely implementation of internal and external audit points, together with any issues raised by external regulators.
  • The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term 'compliance' embraces all relevant financial services laws, rules and codes with which the business has to comply.
  • This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.

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