Job Duties
Overall responsibility for ensuring compliance with legal, corporate and financial regulations
Develop a robust and risk based framework for corporate governance and compliance, covering accountabilities, reporting and controls.
Ensure compliance with regulations covering financial solvency, customer protection, market & business conduct.
Provide assurance to the Management on the mitigation of key risk areas, execution of sound fiscal policies, compliance and regulatory responsibilities.
Provide information on the assurance to business risks and compliance audit reports to Management & CCO.
Company’s representative to Life Insurance Association, Singapore as member of Compliance Sub-Committee.
Ensure that products or services provided or to be provided comply with the relevant regulations and guidelines.
Advise relevant parties on implication of new and existing regulations, interpretation of laws and oversee the gap analysis and action plan required:
Maintain a structured database of the applicable regulations, their changes, licenses, risk profiles and relevant developments as a reference base
Ensure that any material breach of regulation, any material enquiry or investigation by regulator, any penalties or sanctions imposed by regulators, are reported to CCO and Group Compliance.
Requirements
Degree
4 years’ experience in financial services industry with at least 2 years in Compliance role and managerial role
legal education and experience would be advantageous
Professional insurance qualification
Proficient in life business, fund management and fund administration operations regulations
knowledge of local compliance regulations, e.g. FAA, MAS rules and legislations
Understand needs based selling, fact find process, product recommendation, training & competency.
Interested candidates please quote ref. no. L-COM-118 and send your detailed resume to miles@recruit-legal.com
