Internal Control Specialist

2 weeks ago


Singapore AIA Full time

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.
- It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030._
- And to get there, we need ambitious people who believe in playing an important part in shaping that future. People seeking unmatched career and personal growth opportunities, who are driven to work with, and learn from some of the most inspiring and supportive leaders in the business._

Sound like you? Then read on.

About the Role

The main function of Internal Controls is to ensure that the Division is in compliance with internal guidelines and external regulatory requirements. The role holder will work closely with all HODs, RCCs and DPCs in Tied Distribution Division as well as other key personnel outside of the Division e.g. Group Internal Audit, Compliance and Enterprise Risk Management.

Key Responsibilities
- Communicate new regulatory developments as well as updates on Company’s policies to the respective business functions.
- Assist and provide advisory support to the business on various business initiatives in meeting regulatory and corporate requirements.
- Work with the business to design processes and controls relating to key regulatory or compliance focus areas e.g. Consultation Papers, Market Conduct, FAA, AML and PDPA.
- Work with the business on remedial action to close gaps identified from MAS/ Compliance and Internal audit findings.
- Conduct regular quality assurance reviews to ensure the business comply with relevant statues, regulations and guidelines.
- Monitor the business mandatory regulatory reporting obligations by sending periodic reminders and perform follow-ups with the relevant departments to ensure compliance with all mandatory reporting and communications within the stipulated timelines.
- Perform timely escalation of issues or potential delays to management in order to prevent any breach which may result in regulatory or financial penalty.
- Assist Chief Distribution Officer and respective business functions to meet Risk & Compliance obligations in accordance to Annual RCC Work Plan which includes EXCO Certification of Regulatory Register and Risk and Control Assessment etc.
- Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives._



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