Internal Controls Strategist
1 month ago
About the Role
We are seeking an experienced Internal Controls Lead to join our team at AIA. As a key member of our Division, you will play a crucial role in ensuring compliance with internal guidelines and external regulatory requirements.The successful candidate will work closely with Section Heads and other key personnel to design processes and controls that meet regulatory and corporate requirements.
Key Responsibilities:
- Communicate new regulatory developments and Company policies to relevant stakeholders.
- Provide advisory support on business initiatives to ensure compliance with regulations and corporate requirements.
- Work with the business to design processes and controls related to key regulatory focus areas, such as AML and PDPA.
- Conduct regular quality assurance reviews to ensure adherence to relevant statues, regulations, and guidelines.
- Perform annual due diligence review on business partners and conduct onsite inspections when required.
- Monitor regulatory reporting obligations and ensure timely submissions.
- Raise potential issues or delays to management to prevent regulatory or financial penalties.
- Embed ESG into Corporate Solutions operations and risk acceptance in line with MAS and AIA Group's requirements.
- Promote risk awareness and adherence within the business through regular engagements and internal reviews.
- Assist the Chief Corporate Solutions Officer and respective business functions to meet Risk & Compliance obligations.
Requirements:
- Bachelor's Degree in Business, Finance, or Accounting.
- Minimum 6-8 years of experience in audit and compliance relevant to the insurance/financial industry.
- Good understanding of regulations, insurance business, and operations.
- Strong problem-solving and communication skills.
- Report writing skills.
- Able to work under pressure and independently.
Salary Range: SGD $80,000 - $120,000 per annum.
Benefits: Competitive salary, comprehensive benefits package, and opportunities for career growth and development.
Why Join Us: At AIA, we believe in empowering our employees to achieve their full potential. We offer a dynamic and supportive work environment, where you can grow your career and make a meaningful impact in the lives of our customers.
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