Senior Compliance Specialist

Senior Compliance Specialist (06 months Contract) 6 days ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. Direct message the job poster from Liberty Mutual Insurance Regional Recruiting | Talent Acquisition | Business Partnering Job Summary The Compliance Specialist is responsible for supporting the development, implementation, and management of compliance programs. This role involves working closely with the control functions and business stakeholders to identify, assess, and mitigate compliance risks. This position will also support regional projects as opportunities arise and provide support to the compliance team to ensure timely execution of the compliance work plan and projects. Role Responsibilities Compliance Program Development: Support the establishment of an effective compliance program that aligns with local regulations and internal policies, ensuring comprehensive coverage of compliance requirements. Regulatory Requirements Assessment: Collaborate with country compliance leads to assess, document, and monitor compliance risks associated with new regulatory requirements, providing timely updates and strategic recommendations to the management. Compliance Risk Assessment & Reporting: Conduct compliance risk assessments to identify emerging risks and compliance challenges within the organization, ensuring proactive risk management. Support the reporting of risk assessment outcome, emerging risks and compliance updates to the board of directors, senior management and home office. Testing and Monitoring: Implement and manage compliance testing plans, performing periodic assessments of compliance practices across business units. Document findings and facilitate the implementation of corrective actions where necessary. Compliance Operations: In collaboration with the wider compliance team as well as other stakeholders like Risk and Legal, support the operating effectiveness of controls and timely resolution of any identified gaps on key compliance topics such as AML, Sanction, Privacy, Conflicts of Interest, Anti-Corruption, Ethics, Outsourcing. Integration and Cross-Functional Participation: Actively support the harmonization of processes, manuals and policies across key compliance topics within the region, and work with cross functional teams to develop communication and implementation plans. Job Requirements A minimum of 5 years of relevant experience preferably in compliance within the financial services industry with exposure to regulatory environments in Singapore and/or Hong Kong. Understanding of the regulatory landscape, including the expectations of the Monetary Authority of Singapore (MAS) and the Personal Data Protection Commission (PDPC). Strong business, financial and market acumen awareness/understanding. Proven ability to communicate effectively at all levels, both written and orally, with a strong emphasis on interpersonal skills. Excellent analytical, problem-solving, and project management abilities, with a track record of managing complex compliance issues. Familiarity with compliance monitoring tools and methodologies, along with advanced proficiency in Microsoft Office applications. Strong relationship-building skills with an ability to influence and negotiate effectively. Sound decision-making capabilities with a results-driven approach. High attention to detail and prioritization skills, ensuring timely execution of compliance tasks. A proactive attitude toward continuous process improvement and self-development. Seniority level Mid-Senior level Employment type Contract Job function Consulting and General Business Industries Insurance Referrals increase your chances of interviewing at Liberty Mutual Insurance by 2x Get notified about new Compliance Specialist jobs in Singapore, Singapore. #J-18808-Ljbffr