Job Description
A leading global insurer is expanding its Singapore regulatory risk function and is seeking two newly created Compliance Managers to join its team. This is an ideal opportunity for seasoned compliance professionals from the insurance, financial advisory, or retail banking sectors looking to make a tangible impact within a high-performing, globally integrated organization.
In this role, you will partner closely with distribution channels, product teams, and senior stakeholders to ensure robust adherence to Monetary Authority of Singapore (MAS) regulations while supporting sustainable business growth.
Key Responsibilities
- Provide practical, commercial compliance advice to business units, distribution channels, and operations teams on MAS guidelines (including the Insurance Act, Financial Advisers Act, and relevant Notices/Guidelines).
- Develop, review, and update local compliance policies, procedures, and manuals to reflect evolving regulatory requirements and group standards.
- Assist in preparing regulatory submissions, managing MAS inspections or inquiries, and compiling regular compliance reports for local and regional governance committees.
- Investigate potential regulatory breaches or customer complaints with compliance implications, ensuring timely escalation and root-cause resolution.
Requirements
- Experience: 7–8 years of relevant regulatory compliance experience within insurance, financial advisory (FA), or retail banking in Singapore.
- Strong working knowledge of MAS regulations governing financial institutions, particularly around distribution conduct, sales advisory, product governance, and AML/CFT requirements.
- Excellent written and verbal communication skills, with the ability to distill complex regulatory requirements into clear, actionable guidance.
- Bachelor’s degree in Law, Finance, Accounting, Business, or a related discipline. Relevant certifications (e.g., ICA, ACAMS) are advantageous.
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