Seoul, South Korea





Job ID


Area Head Risk & Controls BE A PART OF A REVOLUTIONARY CHANGE At PMI, we’ve chosen to do something incredible. We’re totally transforming our business, and building our future on smoke-free products with the power to improve the lives of a billion smokers worldwide. With huge change, comes huge opportunity. So, wherever you join us, you’ll enjoy the freedom to dream up and deliver better, brighter solutions and the space to move your career forward in endlessly different directions. With PMI’s journey towards a smoke-free future and a consumer-centric organization, the company faces new opportunities and risks. To safeguard the company’s business objectives, ensure its delivery against strategic opportunities, and protect the company against emerging uncertainties, highly professional and industry-leading risk management and internal controls practice is required. The Risk & Controls (R&C) function within PMI defines, leads, monitors the risk management, and internal controls practices and drives the various activities surrounding it. YOUR ‘DAY TO DAY’ • Lead and direct the market / area strategy and ongoing enterprise risk management and internal controls activities (i.e. risk assessment, advisory and review activities) to support the R&C central & regional function, and enable the market management with risk-based decision-making; and • Support and implement the transformation activities led by the global Risk & Controls function to establish mature and industry-leading risk management and internal controls practice underpinned by efficient risk management processes. • Drive monthly and annual Integrated Risk Assessment (IRA) exercise for the market/area. Ensure a process is in place to identify, assess, monitor, and recommend mitigating responses to key risks in the market. Align risks and related responses with other assurance functions. Contribute to continuous risk assessment by sharing obtained information and insights. • Ensure the IRA plan is timely executed in the market(s) and adequate support is provided to the global projects. All changes to the risk landscape and IRA plan should be aligned with the Regional R&C Head & communicated to the market/cluster Management Teams and central R&C function. Ensure resources are adequately managed and learnings are shared among the team members. • Support R&C Regional Head in preparing the regional update for the pre-close meeting. Provide details of the changes in the risk landscape including new/emerging risks, key R&C activities during the quarter, update on issues and frauds. • Promote risk culture in the organization by regularly engaging with the stakeholders and communicating updates / changes in the risk landscape and related responses. Ensure full and factual information is provided to avoid confusion & conflict. • Conduct quarterly meetings with the market MT (MRGC meeting) to provide them updated on emerging risks, issues, and activities of the R&C. Prepare and communicate easy-to-understand yet impactful risk management and internal controls related insights for the cluster. • Ensure adequate design of the financial reporting controls during advisory engagements, and SOX testing is performed over the controls in scope for the market R&C responsibility, are in line with PMI ICFR framework and quality standards. Monitor and report progress of deficiencies status to PMI and PWC. • Conduct regular performance and capability assessments of the team members (MAP, talent reviews, etc.). Ensure regular and transparent feedback is provided by the line managers and a development plan is in place. • Provide support to R&C Central Team in the global projects/activities. • collaborate with the regional R&C team, other regional teams, central R&C team members including IBS, various stakeholders at all levels within the organization (Senior stakeholders/ Regional teams / Market Teams), other assurance functions (InfoSec, Data Privacy, Ethics & Compliance, and CAD), external parties such as PWC. WHO WE’RE LOOKING FOR • Relationship Building & Positive Friction: Build an enduring relationship with all stakeholders. Use a data-driven approach to challenge constructively, assimilate different points of view and share your own opinion confidently. • Change Architect: Act and guide the team in times of ambiguity and effectively work with internal stakeholders. • Business Acumen: Deep understanding of the business operation, commercial landscape, regulatory environment, and cluster/area specifics. • Bring Real Insights: Leverage data to bring insights and identify areas of elevated/emerging risks, and clearly articulate it. • Digital & Technology: Understand all technology-related risks, including data protection, privacy, and impact of using technology. • Project Management: Drive, structure, oversee or support key projects and embed new ways of working. • Risk Assurance & Process Excellence: o Constantly look for opportunities to increase knowledge of Risk and Controls. o Ensure teams are providing effective controls and process guidance with high-quality deliverables. o Provide insights to improve the effectiveness of governance, risk management, and control processes. o Share/learn from other markets/regions. REQUIREMENTS o Fluent written and verbal English/Korean language skills. o Excellent communication and presentation skills. • Education: o University degree (MSc) level education (e.g. Economics, Mathematics, Finance, Informatics, etc.) o Optional ‘post university’ professional certification/education – examples: Certified Public Accountant (CPA), Executive Master Internal/Operational Auditor (EMIA), Certified Information Systems Auditor (CISA), Certified Internal Auditor (CIA), Governance Risk Compliance Professional (GRCP) Certification, etc. • Work Experience: o 10-12 years of experience in (Enterprise) Risk Management, Internal Controls, GRC, Audit, Accounting, Finance, or a combination of the six. o Relevant experience: o ‘Big Four’ and/or other public accounting / audit / consulting o Fast Moving Consumer Goods (FMGC) and Business-to-Consumer (B2C) o Digitization and transformation projects WHAT WE OFFER Our success depends on the men and women who come to work every single day with a sense of purpose and an appetite for progress. Join PMI and you too can: • Seize the freedom to define your future and ours. We’ll empower you to take risks, experiment and explore. • Be part of an inclusive, diverse culture, where everyone’s contribution is respected; collaborate with some of the world’s best people and feel like you belong. • Be able to work in flexible work schedule (half-day Fridays), and receive competitive compensation & benefits including Group life and accident insurance, Welfare card etc. OTHERS • Contract Type - Permanent • Work location - Philip Morris Korea, 10, Gukjegeumyung-ro, Yeongdeungpo-gu, Seoul, Korea HOW TO APPLY • Go PMI career site, "" and set ‘South Korea’ and search for the job • Click ‘Apply Now’ button and ‘Upload a File’ for new applicants • Upload your English Resume either in Word or PDF format (merge your files into one file named as your English name, i.e., CV Gildong Hong) • Fill in basic information such as employment and education • Create password and submit application