Compliance Senior Manager - Insurance

Location: Singapore, Singapore
Contract Type: Permanent
Specialisation: Insurance
Salary: S$100000 - S$150000 per annum + Bonus
REF: G203454_1498119933

A leading Insurance Company is seeking a senior manager to join their growing compliance team.

Responsibilities will include:

  • Ensure that monitoring and advisory activities are effectively managed and kept within the Company's appetite for Regulatory Risk
  • Plan and maintain a Compliance work plan to monitor and ensure the compliance function discharges its responsibility to enable and monitor the business' adherence to laws and regulations.
  • Provide assurance to the Management on the mitigation of key compliance risk areas and regulatory responsibilities
  • Provide assurance through regular compliance reporting and compliance reviews to the Management
  • Develop and implement a robust and risk-based framework for regulatory development and compliance covering accountabilities, reporting and controls
  • Ensure that employees receive adequate training to fulfil their compliance obligations. Ensure that new regulatory requirements impacting the department/function are implemented, and an effective process is in place for regulatory consultations to be reviewed and analysed by subject matter experts.
  • To perform detailed studies and conduct gap analysis of the requirements necessary to ensure compliance with the new/amended laws & regulations which will have impact to the business, such as FAIR, PDPA, FATCA, Public Disclosure for Insurers, MAS Technology Risk Management

To qualify, individuals must possess:

  • At least 8 years' experience within Insurance
  • Ability to track and follow-up on status of reports to relevant Committees
  • Experience in developing compliance self-assessment checklists
  • Possess good supervisory and interpersonal skills

Data provided is for recruitment purposes only.
Business License Number: 10C5117. EA Registration Number: R1545408