Senior Compliance Manager

Title:
Senior Compliance Manager

Company:
Everest Intl Re, Ltd Singapore

Job Category:
Compliance Oversight

Job Description:
About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the role:
This is a senior leadership role that sits within the Singapore executive team, with direct reporting to the Everest International Compliance Lead and a dotted reporting line to the CEO of Singapore.

Key Accountabilities:

- Lead the Regulatory Compliance Framework for Singapore, developing and ensuring local policies and procedures are aligned with MAS expectations, General Insurance Association of Singapore (GIA) requirements, and applicable regulations, overseeing that these requirements are effectively implemented across the business.
- Provide expert compliance advice to Everest Singapore on regulatory and conduct risks (e.g. outsourcing compliance, fit and proper criteria), ensuring timely and accurate regulatory reporting and filings.
- Oversee the regulatory change management process to assess impact and coordinate implementation of new or revised MAS requirements and applicable regulations.
- Collaborate with stakeholders to conduct gap analyses, provide strategic guidance on remediation actions, and support audit processes to ensure regulatory alignment.
- Provide compliance advice and guidance on new business initiatives, projects, and product launches.
- Deliver regular training sessions to colleagues on MAS regulations, including recent regulatory updates and thematic risks (e.g. conduct, fair dealing, ESG disclosure).
- Conduct monitoring assurance reviews of first line procedures in accordance with the Monitoring Plan, escalating any area of concern or non-compliance as appropriate, ensuring that remedial action is taken.
- Serve as the financial crime compliance lead for Everest Singapore and Everest Australia, responsible for managing the end-to-end financial crime compliance program, addressing Anti-Money Laundering (AML), Counter-Financing of Terrorism (CFT), anti-bribery and corruption, gifts and entertainment, fraud, and sanctions.
- Develop, implement, and maintain the Financial Crime Risk Framework across Singapore and Australia in alignment with Group standards and local regulatory requirements (e.g., MAS Notices 626, 824, 3001 and Anti-Money Laundering/Counter-Terrorism Financing Act 2006 Australia).
- Manage day-to-day escalations related to financial crime risks, including suspicious transaction / suspicious matter reports and internal investigations.
- Represent the company in discussions with regulatory authorities, industry forums and external stakeholders on compliance and financial crime related matters.
- Keep abreast of changes in the regulatory landscape and emerging financial crime typologies relevant to general insurance.
- Collaborate with regional and global compliance teams to ensure consistency and alignment of standards and practices.

Qualifications:

- Bachelor’s degree or higher in Law, Finance, Accounting, Risk Management, or a related discipline.
- Professional certifications such as CAMS, ICA, or equivalent are highly desirable.

Knowledge, Skills & Competencies:

- 5+ years' comprehensive regulatory compliance experience ideally within a general insurance context - company, managing agent or managing general agent.
- Proficient technical knowledge in financial crime risk domains (KYC, CDD, AML, relevant sanctioning regimes, fraud, bribery, corruption, and/or tax evasion).
- Experience in reviewing processes and controls, suggesting improvements, and identifying inadequate or ineffective controls.
- Collaborative in approach with strong emphasis on delivery and execution.
- Ability to influence at all levels of the organization, including C-suite and board level.
- Strong analytical skills and attention to detail.
- Flexibility to adapt to changes in an evolving company and market.
- High level of integrity and professionalism.

Our Culture:
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusi