
Strategic Risk Compliance Professional
1 week ago
- Provide ongoing compliance advisory and support to business functions on various business initiatives to ensure compliance with existing and new regulations.
- Conduct gap assessments on new regulatory developments, liaise with the various business functions to ensure new regulatory requirements are properly implemented, identified gaps are closely monitored to ensure adherence to regulatory requirements.
- Ensure regulatory compliance registers are kept up to date and timely certified by Senior Management, regulatory obligations are effectively embedded into business, monitor and ensure proper remediation of any lapses noted.
- Liaise with key regulators and industry associations to ensure their requests and queries are promptly addressed. Facilitate engagement sessions with key regulators to ensure strong relationships are maintained.
- Review and provide adequate challenge to the business functions on responses to regulators to ensure accurate, consistent and high-quality responses are provided.
- Assist in reporting requirements to stakeholders as required.
- Team player
- Good understanding of Financial Advisers Act 2001 and its subsidiary legislations, guidelines and relevant industry association's memos and the application to retail business
- Liaison, relationship building and communication skills e.g. mediation
- Building trust and credibility with Key Regulators by responding accurately, timely and concisely
- Project management
- Presentation skills
- Education: Bachelor's degree (or degree equivalent) with emphasis on accountancy, business/business administration/business management/business studies, insurance or law
- Experience: At least 6 years' relevant experience, preferably in the financial services industry, with knowledge of market conduct regulatory compliance for retail customers
- Certifications/licenses: LOMA, CMFAS papers will be an added advantage
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