Exciting role awaits a driven individual with interest in Fintech and solid knowledge in Life Insurance products & FAA regulatory requirements
Provide general regulatory advice and support to the business on regulations inclusive of the digital platform and third-party distribution channels
Personal Data Protection Framework
Maintain the PDPA Framework and ensures alignment with regulatory requirements as prescribed by PDPC
To ensure staff and representatives are fully competent and educated in their data-related activities and have an understanding of the data governance framework, the policies and processes through training modules and/or training materials
Maintain the AML/CFT Framework and ensures alignment with regulatory requirements as prescribed by MAS
Observes the conduct of the customer's account and ensure that the transactions are consistent with knowledge of the client's business and risk profile, and where appropriate, the source of fund/wealth
Timely clearance of AML/CFT risk alerts from the automated screening system
Regulatory Updates/ Review/ Compliance
Reviews and disseminates all new/ changes in regulations to Senior Management for their information/ action
To assist Manager in providing advisory on impact of regulatory changes to business and/or market
Collate and consolidate necessary responses from the Business Units for Consultation papers
Assist in planning and implementing revised processes and procedures in response to regulatory changes
MAS Reporting/ Handling of MAS' Queries
Ensure timely reporting to the Authorities, including but not limited to, MAS Questionnaire on Financial Advisory Service or any other reports as and when required by MAS and/or Management
Bachelor's degree background (diploma or degree equivalent) with at least 5 years' compliance experience in insurance or financial services industry.
At least 5 years of working experience in financial industry, preferably in the insurance industry doing compliance-related work. Sound knowledge of the insurance industry, in the area of regulatory/industry requirements, e.g. FAA, MAS regulations (Notice/Guideline/Circulars), Insurance Act, LIA guidelines.
Insurance qualifications e.g. CMFAS M5, M8, M9, M9A, Health Insurance will be an added advantage
Compliance-related certifications preferred e.g. Diploma in Compliance, Associate of ACI etc. will be an added advantage
A team player with strong project management, good interpersonal and communication skills.
Good communication and presentation skills
Proficient in Microsoft Word, Excel and Power point
Good influencing and relationship management skills
For further information, please contact Janice at 6597 5174/9234 5257 or email to firstname.lastname@example.org
EA Registration Number: R1871479 Argyll Scott Singapore Pte Ltd. EA Licence Number: 16S8105
Internal Number: 5834047
About Argyll Scott Singapore Pte Ltd, EA Licence No: 11C3721
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