Compliance Leader for Insurance Excellence

3 weeks ago


Singapore AIA Singapore Private Limited Full time

At AIA Singapore Private Limited, we are seeking a seasoned Compliance Leader to oversee our Compliance Department and ensure seamless execution of regulatory, market conduct, and operational risks. This is an exciting opportunity for a highly disciplined and independent leader to join our team and drive risk strategy for AIA FA.

About the Role

In this critical role, you will be responsible for leading and overseeing the Compliance Department in AIA FA, collaborating closely with the Sales team to ensure quality recruitment of representatives and implementing effective controls and programs to monitor and ensure quality business brought in by the representatives.

Key Responsibilities:
  • Responsible for reporting AIA FA compliance and risk status at the AIA FA board meeting, ensuring accurate and timely reporting and/or escalation of such matters in accordance with relevant protocols.
  • Develop or oversee development of structural approach and procedures to effectively deal with representatives/sales staff misconduct, from receiving allegations to planning and conducting investigations to taking remedial/recovery actions.
  • Collaborate closely with the Management to develop and implement an effective education and engagement program through ongoing communication and training to embed a culture of compliance and ethics within AIA FA.
Requirements

To succeed in this role, you will need a Bachelor's degree holder or above in an appropriate field (e.g., Accounting, Economics, Risk Management, Business Management, or Law) with 10 years of solid work experience in the financial industry handling compliance, audit, or internal controls, with at least 5 years in a senior role with insurance compliance experience.

We are looking for an individual with a strong understanding of the insurance business, excellent interpersonal skills, and the ability to work under pressure. You must also possess strong leadership, coaching, and influencing skills, as well as problem-solving and decision-making skills.

AIA Singapore Private Limited offers a competitive salary of SGD $120,000 per annum, reflecting your extensive experience and expertise in compliance management. If you have a passion for driving risk strategy and building a culture of compliance and ethics, we encourage you to apply for this exciting opportunity.



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