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AVP/Manager, Group Regulatory Compliance in Singapore at Great Eastern

Date Posted: 11/24/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Singapore
  • Date Posted:
    11/24/2018
  • Job ID:
    897/621/2317

Job Description

Job ID: 000897

 

 

Job Purpose

 

You will be part of a team to drive and implement the Compliance Risk Management Framework and compliance requirements for all GE entities within the Group, by effectively supporting the business units in their duty to comply with relevant laws and regulations.

 

The Job

 

  • Develop/review and implement policies, standards and guidelines relating to Compliance Risk Management Framework across the Great Eastern Group of Companies;
  • Actively engage the local Risk Management & Compliance counterparts across Great Eastern Group to monitor any significant regulatory development in the respective countries and to ensure that the overall compliance risks of the relevant entities are adequately managed. This would also include the review of monthly compliance communication pack from the respective local entities;
  • Responsible to track and assess the impact of new/revised laws/regulations to Great Eastern, and disseminate such information to various stakeholders, including timely submission of comments / responses to the Authority and/or industry bodies on consultation papers and the preparation of impact paper to the Risk Management Committee;
  • Manage the Compliance Requirement Self Assessments (“CRSAs”) process for the applicable laws and regulations, which would include the management of the compliance matrix, launch the required CRSA to business units, review the completed CRSA and involve in the design/enhancement of the CRSA system;
  • Actively engage the Business Units in the process of understanding and interpreting the regulatory requirements vis-a-vis the processes established to comply with the requirements, as well as identifying areas of gaps and mitigating actions;
  • Provide compliance advisory on regulatory requirements and general compliance matters to all business units and be involved in new initiatives / projects to assess compliance with regulatory requirements;
  • Manage and review of the compliance event reporting from all entities and subsequently translate this into the GEH Assurance for reporting to Management;
  • Manage the required annual compliance eLearning for employees;
  • Prepare the necessary regular compliance related reports to various stakeholders; and
  • Carry out ad-hoc tasks/projects as requested by the immediate Supervisor and/or Head of Group Compliance.

 

Job Requirements

Our Requirements

  • Bachelor Degree in Accounting/Business Studies/Finance/Insurance or any other related fields;
  • Minimum 5-8 years working experience in the area of compliance, internal audit or risk management in the financial services industries, preferably from the insurance industry;
  • Sound knowledge of MAS notices and other regulatory requirements affecting the insurance industry;
  • Self-starter and able to work independently;
  • Strong analytical, creative problem solving and good writing skills;
  • Able to handle difficult situations and adaptability to fast-pace environment;
  • Effective communication and interpersonal skills to reach out to all levels within the organization;
  • Team player and committed and able to work under pressure and meet timeline; and
  • Resourceful and information seeker with a concern for order and quality.

 

 

To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.