Assistant Manager, Regulatory Compliance (GEGM)

Job Purpose
- Assist to ensure effective management of the local Compliance function which act as a 2nd line of defence in the company.
- To provide advice & support to Management as well as to monitor and ensure that business
operates within the internal and external rules.

The Job
• Assist in the preparation of regulatory-related reporting for Compliance function.
• Provide regulatory advice to all business units for standard and non-complicated BAU matters.
• Be the main liaison party in relation to Regulatory Compliance matters, including the publication of new regulations to all DCOs and related parties.
• Handling and maintenance of the regulatory notices / guidelines / circulars / legislations.
• Assist in compliance review, validation and to facilitate request for attestation.
• Assist in Financial Holding Company Act attestation and Great Eastern Holding Self-Attestation Certificate process rolled out by the Group.
• Assist in adhoc request from BNM, Group, Management and the Board.
• Training / awareness to Regulatory Compliance Officers, DCOs and staff.
• Handling and escalation of compliance breaches and issues.
• Work with DCOs and relevant stakeholders for proper handling of compliance issues and action plans closure.
• Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
• Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
• Highlights any potential concerns /risks and proactively shares best risk management practices.

Our Requirements
• Tertiary or professional qualification in Accountancy, Finance, Business or equivalent professional qualifications.
• At least 3 - 5 years in compliance, risk management, audit, insurance or banking industry.
• Knowledge on insurance related law and insurance industry regulations and other core regulations.
• Good written & communication skills, analytical & details oriented, excellent interpersonal skills & able to interact with all staff including senior management.
• Probing nature and patience.
• High level of integrity, takes accountability of work and good attitude over teamwork.
• Takes initiative to improve current state of things and adaptable to embrace new changes.