Compliance Manager, Life Insurance
4 months ago
- Conduct regular compliance reviews to ensure compliance with regulatory requirements and Company Compliance Policies and recommend enhancements/corrective actions.
- Monitor the implementation of anti-money laundering guidelines and other compliance policies and procedures, identify gaps, and recommend corrective actions.
- Assess compliance risks in new business initiatives and provide advice on measures to appropriately address these compliance risks.
- Coordinate with regulators in any inquiries by maintaining active dialogues with the regulators and promptly providing information as requested.
- Provide advice to business units on compliance-related issues.
- Enhance knowledge across the organization relating to legal/regulatory/corporate obligations with communication and education programs.
- University degree with a minimum of 8 years’ experience in corporate and regulatory compliance, focusing on insurance compliance.
- Good knowledge in insurance distribution compliance related to training and communication, investigation, dealings with regulators.
- Sound knowledge of relevant laws and regulations e.g. IA, PDPO, etc.
- Excellent communication, interpersonal, and influencing skills.
- Excellent command of written and spoken English and Chinese.
- Those with less experience will be considered as Assistant Manager.
- Report to Partners with specialization in Financial Institution, M&A, and Investment Management transactions.
- Manage intensive back-to-back meeting schedules across GC, AP, and HQ.
- Oversee Regulatory Affairs & Central Compliance.
- As part of the core team, oversee Regulatory Affairs Compliance issues.
- Assume the subject matter expert on any regulatory changes and facilitate the proper implementation of procedures & policies.
- Provide active advisory to business and senior management on any regulatory changes and implications to business.
- Perform annual risk assessments to identify key risk areas that need to be monitored.
- Accountable for HKMA regulatory risk assessment.
- As part of the AP Distribution Department, oversee regional KYC/CDD function.
- Accountable for managing new and periodic CDD/KYC assessments for low to high risk institutional and intermediaries’ clients.
- Conduct PEP, sanctions, adverse news, and STR reviews, etc.
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