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Regulatory Compliance Manager - Insurance

Job Title: Regulatory Compliance Manager - Insurance
Contract Type: Permanent
Location: Singapore, Singapore
Industry: Corporate Governance
Salary: S$60000 - S$80000 per annum
Reference: JN -012019-228442
Contact Name: Janice Chee
Contact Email: jchee@argyllscott.sg
Job Published: May 22, 2019 11:24

Job description

Job Title: Regulatory Compliance Manager

Working Location: Central, Raffles Place

Reporting Line: Compliance Manager (Head of Compliance)

Job Description

  • Advise various business units on regulatory changes/updates from MAS, Life Insurance Association and other regulatory bodies especially on the Insurance Act and SFA
  • To anticipate potential risk change on regulatory compliance matters and highlight the impacts to the relevant business units
  • Advise on licensing matters
  • Identify measures to mitigate regulatory risk and breaches
  • Compliance review on existing frameworks and ensure continuous updates on compliance policies in accordance to local regulations
  • Liaise with senior stakeholders in the business as well as other relevant functions to ensure efficiency in compliance measures and controls
  • Assist in maintaining and updating compliance policies according to industry best practice
  • Prepare training materials and conduct trainings to all employees
  • Keep abreast of market trends and new regulations that would impact the business such as Anti bribery and Corruption, Personal Data and Protection Act etc.

Qualifications

  • Recognised Degree; minimally 5-6 years of working experience in regulatory & general compliance related work (especially in insurance/financial advisors); Those with further years of experience will be considered for a senior role
  • Sound knowledge of MAS notices and other regulatory requirements affecting the insurance industry such as FAA, CRS, FATCA, Banking Regulations and PDPA;
  • In depth understanding of current regulatory landscape and markets best practice
  • Interest in pursuing long term career within compliance function
  • Self-starter; Team player; keen in learning opportunities

Next Step

If you are up for the challenge and believe you have the motivation and skills to excel in the role, please apply with your updated resume to jchee@argyllscott.sg

EA Registration Number: R1871479
Argyll Scott Singapore Pte Ltd. EA Licence Number: 16S8105