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Head of Distribution Compliance

2 months ago


Hong Kong, Central and Western District, Hong Kong SAR China Manulife Full time
About the Role

We are seeking a highly experienced and skilled Head of Distribution Compliance to join our team at Manulife. As a key member of our organization, you will be responsible for leading our distribution compliance efforts and ensuring that our business operations are in line with regulatory requirements.

Key Responsibilities
  • Regulatory Compliance: Lead the team in identifying new regulatory changes affecting distribution operations, advise on relevant impacts, and drive changes to meet compliance requirements.
  • Control Monitoring Framework: Ensure the continuous implementation and effectiveness of the Control Monitoring Framework for all distribution channels.
  • Compliance Monitoring: Oversee the team in conducting proactive compliance monitoring and reviews on distributors' licensing status, sales marketing materials, sales conduct, and controls.
  • Compliance Advice: Provide solid and practical compliance advice and support on distribution operations and business initiatives.
  • Investigations: Conduct investigations into distributors' misconduct allegations and related complaints, identify non-compliance, and recommend disciplinary action.
  • Training and Communication: Assign team members to effectively communicate, educate, and train distribution operation staff and distributors on regulatory requirements.
  • Risk Management: Ensure the team's compliance with Company's Regulatory Risk Management Program and Risk Governance framework.
  • Stakeholder Management: Maintain effective communication with the Insurance Authority, MPFA, AMCM, Law Enforcement Agencies, and business counterparts.
Requirements
  • Education: Degree in Law, Finance, Insurance, Risk Management, or Business-related disciplines.
  • Experience: Minimum 10 years of experience working in legal and/or compliance fields in insurance, pension industry, or financial services sector.
  • Skills: Sound knowledge of insurance and MPF regulatory requirements, excellent analytical and interpersonal skills, ability to work independently and meet tight deadlines.
  • Language: Good communication skills in both written and spoken English and Chinese.
About Manulife

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions. At Manulife, we value diversity, equity, and inclusion, and we are committed to creating a workplace where everyone thrives.