Background: Over the past 5 years, AIA Group has deployed one of the largest and most complex Derivatives Program in Asia Pacific, supported by best-in-class operating model and professional expertise. In a complex environment of regulatory evolutions, rapidly changing markets regimes and regular innovation in insurance products, the usage of Derivatives is expected to continue to increase significantly across AIA Group, both in size and in sophistication in the coming years.
Department: The Derivatives Centre of Excellence is the established centralized Group function, embedded within the Group’s Asset Management Company AIA Investment Management Pte Ltd in Singapore. Its mission is to enhance the risk and capital adjusted returns for AIA’s shareholders and policyholders through efficient and risk-managed usage of Derivatives solutions, under significant constraints.
Position: The incumbent will be responsible for:
• Designing, modelling, structuring and advising on derivatives-based strategies and solutions for Group functions and AIA BUs, mostly for complex LDI-ALM and Efficient Portfolio Management purposes.
• Designing and managing new generations of index-linked and protected investment products, contributing significantly to idea generation, differentiation, and a reduction of the time-to-market of those products.
• Managing cross-asset derivatives portfolios outsourced by AIA Insurance Business Units to AIA IM, blending a proper perspective on financial and derivatives markets and an effective and disciplined risk management approach,
• Managing proactively Collateral requirements (anticipating the needs, managing collateral pools, executing collateral transformation trades),
• Developing required front-office derivatives analytics and quantitative tools.