Lead, Market Conduct Framework

FIND YOUR 'BETTER' AT AIA
- We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us._
- We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives._

If you believe in better, we’d love to hear from you.

About the Role

Join our compliance team today

Support the Head with market conduct framework related work.- Reporting to the Head, lead market conduct framework related work as the accountable person for the following key tasks.- Coordinate with relevant parties to communicate new and/or changes in requirements to Group and regulatory requirements. Acquire early comments/ concerns and resolve/ highlight such comments, especially in relation to challenges in implementation within the allowed timeline- Performing gap assessment. This includes relevant identification of risk, controls and gaps as well as advisory of action plans- Keep the central compliance register of the section updated- Conduct compliance review and/ or compliance monitoring including relevant planning, execution, reporting and tracking of all remediation efforts to completion, ensuring that work performed remain in line with related regulations/ policies/ standards/ SOPs- Identify wider use of data analytics for first and second line. This includes:
- Analysis of potential areas of concern/ regulatory focus areas and factors impacting market conduct-
- Introduction of additional indicators for monitoring of market conduct-
- Use of analytics to target increase sample selection size to detect operational lapses-
- Manage communications and commitments to Monetary Authority of Singapore. This includes ensuring that:
- Action items and commitments to MAS (e.g. remediate issues, strengthen controls, etc) are tracked to satisfactory implementation-
- Provide input to reporting and/ or request for information when required and/ or requested- Address queries from and/ or provide advice, including review of related training materials- Perform product and marketing material review. This includes keeping the review SOP and checklists and responding within the agreed turnaround time to Monetary Authority of Singapore.- Ensure projects assigned are handled to be fit for intended purpose, delivered timely and meets relevant requirements. Ensure issues are resolved in a timely manner.- Proactively handle risk and compliance matters. This includes:
- Work with parties so that reported incidents, issues and other related processes can be completed within the respective stated turnaround times-
- Ensure regulatory requirements and Company’s policies, standards and procedures are followe-
- Understand the risks identified and policies / standards (including internal controls) established and implemented by the division to effectively handle the risks-
- Attend/Complete required training/courses within the stated timeline-
- Share knowledge and provide workplan updates at section and division meetings.

Believe in better with AIA. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way
- Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives._